ECOLINE • ISIN: INE0VBS01016
Incorporated in 2008, Ecoline Exim Limited is primarily engaged in manufacturing of wide range of sustainable packaging and promotional bags made out of cotton and jute
Ecoline Exim Limited manufactures sustainable cotton, jute packaging, and promotional bags for global export.
The company has exported its products to more than 27 countries including the European Union, the USA, Japan, and Southeast Asia and Mexico, etc.
The company is an OEM providing packaging solutions for Supermarkets, retail chains, wholesalers, and promotional companies.
As of September 18, 2025, the company operates three manufacturing units, one in Ahmedabad, Gujarat, and the rest in West Bengal.
Products:
Cotton Bags: Conventional Bags, Organic Cotton Bags, Fairtrade Cotton Bags
Jute Bags: Jute shopping bags are produced using normal jute fabric and has no classifications on the grade of jute.
As on March 31, 2025, the company had 201 permanent employees and 339 contractual employees.
Competitive Strength
Sustainable and Eco-friendly business model focusing on three R’s of the environment – Reduce, Reuse and Recycle.
Stringent quality control mechanism ensuring standardized product quality.
Strategically located in-house manufacturing capabilities with design expertise.
Long standing association with customers.
Widespread reach in International Market.
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”)
General Corporate Purpose.
Price Band
Issue Size
Min Investment
Lot Size
P/E Ratio
Issue Opens
23 Sept 2025
Issue Closes
25 Sept 2025
Allotment
26 Sept 2025
Listing
30 Sept 2025
Qualified Institutional Investors
9,795,000 / 1,030,000 shares
High Networth Individuals (Above ₹10 Lakhs)
3,168,000 / 515,000 shares
Non-Institutional Investors (Below ₹10 Lakhs)
1,283,000 / 258,000 shares
Retail Individual Investors
7,874,000 / 1,802,000 shares
Issue Type | BB |
Face Value | ₹10 |
Lead Managers | Hem Securities Ltd. |
Min Quantity | 2,000 |
Max Quantity | 3,546 |
Company Promoters | Sudarshan Saraogi Saurabh Saraogi Shradha Saraogi +3 more |
Website | |
Phone | +91-89101-0025 |
Address | Ecoline Exim Ltd. |