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15 Days Price Change

Ecoline Exim IPO

Closing In

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Profile
Issue Size 54.67 Cr
Profile
Price Range 134  to  141 per share
Profile
Min Investment ₹141
Profile
Lot Size 1
Profile
Face Value ₹10
Profile
Draft Prospectus
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Profile
  • Basic Info
  • IPO Tentative Timetable
  • IPO Lot Size
  • Subscription Status
  • Financials
  • Profit & Loss
  • Balance Sheet
  • Cash Flow
  • Ratios
  • Growth Rates
  • Other info

Overview

Incorporated in 2008, our Company is primarily engaged in manufacturing of wide range of sustainable packaging and promotional bags made out of cotton and jute. We are engaged in the export of these bags globally. During the Fiscal 2024, we exported our products to more than 25 countries. Our major export market is European Union, USA, Japan, and South East Asia and Mexico, etc. With the awakening of global market where more and more measures are being taken to reduce the use of plastics, we address to the alternate solution to use products which are sustainable, reusable and biodegradable, like bags made out of cotton or jute which are eco-friendly.We offer a variety of eco-conscious cotton and jute bags, our offerings include:? Recycled Cotton Bags – Made from Pre and Post-consumer waste, these bags help reduce textile waste while offering durability and style.? Organic Cotton Bags – Produced from cotton grown without pesticides or fertilizers, these bags are gentle on the environment and perfect for conscious consumers.? Fairtrade Cotton Bags – These bags are crafted from cotton that meets Fairtrade certification standards, ensuring ethical labor practices and fair wages for farmers producing such cotton.? Conventional Cotton Bags – A classic, affordable option made from traditional cotton, combining functionality and simplicity.? Jute Bags – A sustainable alternative made from natural jute fibers, perfect for carrying heavier loads while still being eco-friendly.? Moreover, our offerings include textile made up articles like aprons. Read More

Basic Info

Face Value 10 per share

Price 134  to  141 per share

P/E (x) 12.2

Sales( Cr.) 269

PAT( Cr.) 19

EPS 11.6

Draft Prospectus

Exchange NSE-SME

Promoter

Company Promoters

Sudarshan Saraogi Saurabh Saraogi Shradha Saraogi Gunjal Saraogi SL Commercial Pvt Ltd

Pre Issue Share Holding 100%

Post Issue Share Holding 73.58%

Listing Details:

Listing Price: 140.85

Listing Gain: -0.11%

Current Price: 135.4

Gain On Issue: 135.4 | 0%

GMP: --

GMP %: -- %

IPO Tentative Timetable

Opening Date Sep 23, 2025
Closing Date Sep 25, 2025
Allotment Sep 26, 2025
Refund Sep 29, 2025
Delivery of Shares Sep 29, 2025
Listing Date Sep 30, 2025

IPO Lot Size

Application Lots Shares Amount
Retail (Min) 1 2000 282,000
Retail (Max) -- -- --
S-HNI (Min) 1 2000 282,000
S-HNI (Max) 3 6000 846,000
B-HNI (Min) 4 8000 1,128,000

Objective of the Issue

1. Funding the capital expenditure towards construction of building, mechanical and electrical works and procurement of plant and machinery for setting up a new manufacturing facility at Ahmedabad (“Proposed Factory V”)2. General Corporate Purpose.

Issue

Category Nos Bid Bid (x)
QIB 0 9795000 0x
NII 0 4451000 0x
Retail 0 7874000 0x
EMP 0 0 0x
Total 0 22120000 0x

Net Sales (in cr.)

Total Income (in cr.)

Operating Profit (in cr.)

Net Profit (in cr.)

Shareholder Funds (in cr.)

Total Assets (in cr.)

Ecoline Exim Profit & Loss

#(Fig in Cr.) Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
Net Sales 198 304 272 269
Other Income 2 7 8 4
Total Income 200 311 281 273
Total Expenditure 190 281 247 243
Operating Profit 11 30 34 30
Interest 2 3 2 2
Depreciation 3 3 3 3
Exceptional Income / Expenses 0 0 0 0
Profit Before Tax 5 24 29 25
Provision for Tax 2 7 7 6
Profit After Tax 4 17 22 19
Adjustments 0 0 0 0
Profit After Adjustments 4 17 22 19
Adjusted Earnings Per Share 2.2 10.7 13.5 11.6

Ecoline Exim Balance Sheet

#(Fig in Cr.) Mar 2022 Mar 2023 Mar 2024 Mar 2025
Shareholder's Funds 30 48 70 88
Minority's Interest 0 0 0 0
Borrowings 10 8 3 0
Other Non-Current Liabilities 0 -0 -0 -0
Total Current Liabilities 51 47 54 57
Total Liabilities 92 103 126 146
Fixed Assets 16 17 14 14
Other Non-Current Assets 6 5 16 16
Total Current Assets 70 80 96 115
Total Assets 92 103 126 146

Ecoline Exim Cash Flow

#(Fig in Cr.) Mar 2022 Mar 2023 Mar 2024 Mar 2025
Opening Cash & Cash Equivalents 0 0 6 14
Cash Flow from Operating Activities -13 9 19 -5
Cash Flow from Investing Activities -3 -1 -12 1
Cash Flow from Financing Activities 16 -1 1 -7
Net Cash Inflow / Outflow -0 6 8 -11
Closing Cash & Cash Equivalent 0 7 14 3

Ecoline Exim Ratios

# Mar 2022 Mar 2023 Mar 2024 Mar 2025
Earnings Per Share (Rs) 2.22 10.73 13.49 11.64
CEPS(Rs) 4.22 12.66 15.43 13.4
DPS(Rs) 0 0 0 0
Book NAV/Share(Rs) 18.81 29.54 43.04 54.68
Core EBITDA Margin(%) 4.32 7.51 9.31 9.92
EBIT Margin(%) 3.69 8.79 11.25 10.26
Pre Tax Margin(%) 2.71 7.95 10.51 9.34
PAT Margin (%) 1.81 5.71 8.02 6.99
Cash Profit Margin (%) 3.44 6.74 9.17 8.05
ROA(%) 3.92 17.85 19.09 13.86
ROE(%) 11.82 44.37 37.19 23.82
ROCE(%) 10.27 33.05 29.92 22.76
Receivable days 58.6 43.29 47.21 50.41
Inventory Days 58.74 36.27 40.92 53.84
Payable days 58.53 28.09 20.74 32.12
PER(x) 0 0 0 0
Price/Book(x) 0 0 0 0
Dividend Yield(%) 0 0 0 0
EV/Net Sales(x) 0.21 0.12 0.11 0.2
EV/Core EBITDA(x) 3.96 1.24 0.88 1.73
Net Sales Growth(%) 0 53.02 -10.37 -1.07
EBIT Growth(%) 0 264.83 14.72 -9.77
PAT Growth(%) 0 382.55 25.8 -13.77
EPS Growth(%) 0 382.55 25.8 -13.77
Debt/Equity(x) 1.34 0.89 0.64 0.45
Current Ratio(x) 1.38 1.69 1.78 2.02
Quick Ratio(x) 0.75 1.09 1.17 1.21
Interest Cover(x) 3.76 10.47 15.28 11.15
Total Debt/Mcap(x) 0 0 0 0

Sihora Industries Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR -1% 11% 0% 0%
Operating Profit CAGR -12% 40% 0% 0%
PAT CAGR -14% 68% 0% 0%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR NA% NA% NA% NA%
ROE Average 24% 35% 29% 29%
ROCE Average 23% 29% 24% 24%

Company Contact Information

Ecoline Exim Ltd.

Sonum Jain

91-89101-00252

cs@ecoline.net.in

8, G. C. Ghosh Road

IPO Lead Manager(s)

Ecoline Exim Ltd.

Hem Securities Ltd.

Registrar Info

Ecoline Exim Ltd.

MUFG Intime India Pvt Ltd.

C 101, 247 Park, LBS Marg, Vikhroli (W), Mumbai (Old Address:) C-13 Pannalal Silk Compound, L B S Marg, Bhandup Mumbai Maharashtra

+91 810 811 8484

91-022-49186060

rnt.helpdesk@in.mpms.mufg.com

https://in.mpms.mufg.com/

Frequently Asked Questions

All You Need To Know About IPO

When you leave without vesting, generally unvested ESOPs are cancelled. Vested ESOPs usually can be exercised after you depart, often within 3 to 6 months, depending on the company's ESOP plan.

For companies listed on a stock exchange, you can sell the shares any time after you exercise the ESOP option and the shares are in your demat account. If the company is unlisted or otherwise a startup, you can only sell the shares if and when the company announces a buyback or has a process for secondary sales.

Whenever you exercised your options to hold shares, you entered into a market risk situation, and if the valuation of the company drops, so do the shares.

Yes. ESOPs are valuable to the employer in that the employer is able to retain the best talent, align employee interests with company goals, and preserve cash while rewarding performance.

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