September 24, 2025

Hold on, investors! Ecoline Exim, a cool name in eco-friendly packaging, is rolling out its IPO this Tuesday. This fresh offering looks to raise a strong Rs 76.42 crore, split between a fresh issue of Rs 61.19 crore and an offer-for-sale of Rs 15.23 crore. But hurry, the subscription window snaps shut on September 25! The company's shares will proudly land on the NSE SME platform by September 30. The price band is set between Rs 134 and Rs 141 per share. To jump in, you need to bid for at least 2,000 shares. What's hot in the market buzz? Analysts whisper that the Grey Market Premium (GMP) floats around 7% above the upper price band. That’s a nice little hint indicating modest but promising listing day expectations! IPO structure is neatly sliced: Out of 54.2 lakh shares, a cool 25.7 lakh shares are reserved for Qualified Institutional Buyers (QIBs), 7.7 lakh for Non-Institutional Investors (NIIs), and a chunky 18 lakh reserved just for retail investors. So, plenty of space for everyone! Who is Ecoline Exim? This company is a champion of green packaging, making sustainable cotton and jute bags, including organic and Fairtrade options. They supply these eco-friendly products not just in India but to over 27 countries worldwide like the US, EU nations, Japan, and Mexico. Their factories are spread across Ahmedabad and West Bengal, delivering eco-conscious bags to global retailers and wholesalers. Money talks! The company's financials show total income of Rs 273 crore in FY25, just a little dip from Rs 281 crore in FY24. The profit after tax slid to Rs 18.8 crore from Rs 22.6 crore last year. But the big story is the plan to pump Rs 50 crore from this IPO's fresh issue into a spanking new manufacturing unit in Ahmedabad. The remaining funds will fuel various corporate needs. So, here’s the scoop: If you like green business and want to join this sustainable journey, this IPO is your golden ticket. Remember, bid before September 25 and watch the listing fireworks on September 30 on the NSE SME platform. Ready to bag some eco-friendly shares?

Read More at Economictimes →

Tags: Ecoline exim, Ipo launch, Nse sme, Sustainable packaging, Ahmedabad manufacturing unit, Stock subscription,