
Ecoline Exim IPO GMP & Review: Apply or Avoid?
Posted by : sachet | Fri Sep 19 2025

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Ecoline Exim IPO is open for bidding from 23rd September 2025 to 25th September 2025. It is a bookbuilding IPO of ₹76.42 crore, comprising a fresh issue of 0.43 crore shares. The problem will be listed on NSE and SME on its tentative listing date, 30th September 2025.
Ecoline Exim IPO Details
The Ecoline Exim IPO date is fixed between 23rd September 2025 and 25th September 2025. The face value of Ecoline Exim IPO shares stands at ₹10 per share, and the IPO price is set at ₹134.00 to ₹141.00 per share.
MUFG Intime India Private Limited is the registrar of the Ecoline Exim IPO and is responsible for managing the allotment process and initiating refunds. Check out the latest IPO details in the table below.
IPO Open Date | 23rd September 2025 |
IPO Close Date | 25th September 2025 |
IPO Allotment Date | 26th September 2025 |
Refund Initiation | 29th September 2025 |
Issue Size | 54,20,000 shares(aggregating up to ₹76.42 Cr) |
Fresh Issue | 40,68,000 shares(aggregating up to ₹57.36 Cr) |
Offer for Sale | 10,80,000 shares of ₹10(aggregating up to ₹490.00 Cr) |
Face Value | ₹10 per share |
Lot Size | 1,000 shares |
Issue Price Band | ₹134.00 to ₹141.00 per share |
Issue Type | Bookbuilding IPO |
Listing At | NSE & SME |
Listing Date | 30th September 2025 |
Ecoline Exim IPO Share Reservation
Ecoline Exim IPO is a bookbuilding IPO of ₹490.00 crores, comprising a fresh issue of 1.25 crore shares of Ecoline Exim, which will be listed on the BSE and NSE. Furthermore, SEBI has specified the share reservation criteria for different investor categories.
Investor Categories | Shares Offered | Shares Percentage |
Market Maker Shares Offered | 2,72,000 | 5.02% |
QIB Shares Offered | 25,73,000 | – |
NII (HNI) Shares Offered | 7,73,000 | 14.26% |
Retail Shares Offered | 18,02,000 | 33.25% |
Total Shares Offered | 54,20,000 | 100.00% |
Ecoline Exim IPO GMP Grey Market Premium
GMP is the gap between the price band of the issue and the price at which company shares are currently trading in the grey market. Do you want to get live updates on the Ecoline Exim IPO? If yes, then you’ve reached the right spot. Check the table below to learn about the GMP trends.
GMP Date | IPO Price | GMP | Estimated Listing Price | Estimated Listing Gains |
19-09-2025 | ₹141.00 | ₹5.00 | ₹146.00 | 3.55% |
18-09-2025 | ₹141.00 | ₹5.00 | ₹146.00 | 3.55% |
17-09-2025 | ₹141.00 | ₹0.00 | ₹141.00 | 0.00% |
As of 19th September 2025, Ecoline Exim IPO GMP stands at ₹5 per share, which means the share will likely show a listing at ₹146 on its tentative listing date, 30th September 2025.
GMP data is subject to change based on market trends and sentiments. Please verify the live GMP status before applying for the Ecoline Exim IPO GMP. Stay informed with Univest to know about real-time insights on IPOs and their GMP trends.
Ecoline Exim IPO GMP Review

Check out the detailed Ecoline Exim GMP IPO review for a thorough understanding of its potential to report listing gains on 30th September 2025. The Ecoline Exim IPO review below will help you invest effectively to avoid significant losses. Explore more to make informed investment decisions on this IPO.
Financial Health
Assess a company’s financial performance to know about its ability to sustain a competitive edge. Therefore, it is crucial to comprehend the business’s financial growth margins and declines before applying for the Ecoline Exim IPO.
Ecoline Exim Limited’s revenue decreased by 3% from ₹280.59 crores in March 2024 to ₹273.07 crores in March 2025. Moreover, the company’s PAT dropped by 17% from ₹22.59 crores to ₹18.82 crores.
Ecoline Exim Limited’s IPO has shown consistent revenue growth, indicating that the company is financially stable. Moreover, brokers, investors, and RAs have a positive outlook for the Ecoline Exim IPO, with its tentative listing day set for 30th September 2025.
Technical Analysis
Several technical indicators are available to assess a company’s potential to deliver returns. Use the parameters mentioned below to analyse the technical aspects of the Ecoline Exim IPO.
Key Indicators | Value |
PE Ratio (Price-to-Earnings) | 12.12 |
EPS (Earnings Per Share) | 11.64 |
ROCE | 21.14% |
ROE | 23.51% |
RoNW | 21.28% |
PAT Margin | 6.99% |
EBITDA Margin | 11.14% |
Price to Book Value | 2.58 |
Market Capitalisation | ₹3,042.21 Cr |
The P/E ratio of Ecoline Exim Limited’s share is 12.12, and its Earnings Per Share (EPS) stands at 11.64. Thus, the Ecoline Exim Limited IPO is expected to deliver gains on its tentative listing date, 30th September 2025.
Note: The data, as mentioned above, is taken from authentic sources and highlights pre-issue information. The PE ratio and EPS of Ecoline Exim Limited are subject to change after the IPO. Explore the table below to get post-issue updates on these two metrics.
Ecoline Exim IPO Subscription Status
The Ecoline Exim IPO is to be opened for bidding on 23rd September 2025. The subscription status for this IPO is yet to be announced. Stay informed on this passage to check the live Ecoline Exim IPO subscription status.
Investor Categories | Shares Offered | Shares Percentage | Shares Subscribed | Subscription to the Times |
Market Maker Shares Offered | 2,72,000 | 5.02% | Yet to be announced | Yet to be announced |
QIB Shares Offered | 25,73,000 | – | Yet to be announced | Yet to be announced |
NII (HNI) Shares Offered | 7,73,000 | 14.26% | Yet to be announced | Yet to be announced |
Retail Shares Offered | 18,02,000 | 33.25% | Yet to be announced | Yet to be announced |
Total Shares Offered | 54,20,000 | 100.00% | Yet to be announced | Yet to be announced |
About Ecoline Exim Limited

Prime Cable Industries Limited was incorporated in 2008. Ecoline Exim Limited is primarily engaged in the manufacturing of a 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, Southeast Asia and Mexico. 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.
Ecoline Exim Limited Financials
The company’s financial analysis is crucial before applying for the Ecoline Exim IPO. Refer to the table to learn about Ecoline Exim Limited’s financials.
Year Ended | 31st March 2025 (in cr.) | 31st March 2024 (in cr.) | 31st March 2023 (in cr.) |
Assets | 146.31 | 128.72 | 104.46 |
Revenue | 273.07 | 280.59 | 310.67 |
Profit After Tax | 18.82 | 22.59 | 18.86 |
EBITDA | 29.99 | 33.94 | 30.57 |
Net Worth | 88.45 | 71.70 | 49.11 |
Reserve and surplus | 72.27 | 70.54 | 47.96 |
Total Borrowing | 39.89 | 44.81 | 42.47 |
Explanation
Ecoline Exim Limited’s revenue decreased by 3% from ₹280.59 crores in March 2024 to ₹273.07 crores in March 2025. Moreover, the company’s PAT dropped by 17% from ₹22.59 crores to ₹18.82 crores.
Ecoline Exim IPO Bidding Requirements
Investors can bid for a minimum of 2,000 shares and in multiples of 1,000 thereof. The following table represents the minimum and maximum investments by individual investors (retail) and HNI in terms of shares and amount.
Application | Lots | Shares | Amount |
Individual Investors (Retail) (Min) | 2 | 2,000 | ₹2,82,000 |
Individual Investors (Retail) (Max | 2 | 2,000 | ₹2,82,000 |
S-HNI (Min) | 3 | 3,000 | ₹4,23,000 |
S-HNI (Max) | 7 | 7,000 | ₹9,87,000 |
B-HNI (Min) | 8 | 8,000 | ₹11,28,000 |
EcolineExim’s IPO has reserved lot sizes for different investor categories. Look at the table below to see the requirements for applying for this IPO.
Use the lot size calculator to find how many shares you should apply for!
Ecoline Exim IPO Promoter Holding
Take a look at the table below to review the holdings of Ecoline Exim Limited’s promoters: Rakesh Ashok Markhedkar, Avinash Markhedkar, and Nakul Markhedkar.
Share Holding Pre-Issue | 100.00% |
Share Holding Post-Issue | 73.58% |
Note: The value will be calculated using Equity Dilution = Share Holding Pre-Issue – Share Holding Post-Issue.
Aim of the Ecoline Exim IPO
The primary aim of the Ecoline Exim IPO is to raise ₹76.42 crores. On the other hand, Ecoline Exim has decided to utilise these funds in different ways. Explore some of the secondary objectives for the Ecoline Exim IPO.
- To fund the capital expenditure towards the construction of the building, mechanical and electrical works and procurement of plant and machinery for setting up a new manufacturing facility at Ahmedabad (“Proposed Factory V”)
- To General Corporate Purpose.
Should I Invest in the Ecoline Exim IPO?
Explore the pros and cons of Ecoline Exim to know whether you should apply or avoid the issue. These pros and cons might help you know about the IPO’s efficiency in delivering profits in the coming decades.
Pros of Ecoline Exim IPO
- Ecoline Exim has a sustainable and eco-friendly business model that focuses on the environment. They built a customer base for the long term
- The company has expanded into the international market.
- The company has strong quality control and ensures standard product quality.
Cons of Ecoline Exim IPO
- The company has a dependency on the customer
- The company does not have a long-term contract
- The company has a volatile demand and consumer preferences
How to Apply for the Ecoline Exim IPO?

Check the steps mentioned below to apply for Ecoline Exim Limited.
- Step 1: Conduct thorough research on the Ecoline Exim IPO, including GMP, subscription status, issue size, lot size, and other relevant details.
- Step 2: Open a demat account on Univest to learn about real-time insights on GMP and subscription status. You can also use your previous demat account by navigating to the IPO section.
- Step 3: Make a bid for two lots of 2,000 shares worth ₹2,82,000.
- Step 4: You will receive a mandate request after making a bid. Approve the request to proceed further.
Note: You can apply for the Ecoline Exim IPO from more than one demat account to increase your chances of allotment.
How to Check Ecoline Exim IPO Allotment Status?
You can check whether the Ecoline Exim IPO allotment has been completed in different ways. These include NSE and the registrar portal. Look at the steps mentioned below to check your allotment status online.
Check On NSE
- Visit the NSE Official Website.
- Navigate to the IPO Allotment Section.
- Select Equity as the issue type.
- Choose the Ecoline Exim IPO.
- Choose whether to proceed with the PAN number or the application number.
- Submit your details to get the allotment status online.
Check On the Registrar Portal
- Visit the registrar portal.
- Click on the allotment option.
- Fill in the required details.
- Click on the submit button to know your Ecoline Exim IPO allotment status.
Let’s Wrap
Ecoline Exim IPO is a bookbuilding issue of shares worth ₹76.42 crores. The shares of Ecoline Exim Limited will be listed on NSE and BSE on its tentative listing date of 30th September 2025. Researching the Ecoline Exim IPO GMP and reviews is highly suggested to book your ideal profitability. Brokers and investors have highlighted their pros and cons, so one must analyse them and decide accordingly.
Open a demat account on Univest now to initiate your investment journey!
FAQs on Ecoline Exim IPO
How is the Ecoline Exim IPO?
Ans. Currently, on 19th September 2025, the Ecoline Exim IPO GMP (Grey Market Premium) stands at ₹5. It indicates that the estimated listing price could be ₹146 per share. It is a bookbuilding IPO of ₹76.42 crores, comprising a fresh issue of 0.43 crore shares. The face value of each share of Ecoline Exim Limited is ₹10 per share.
What is the Ecoline Exim IPO price?
Ans. The Ecoline Exim IPO price is set at ₹131.00 to ₹141.00 per share. Retail investors can apply for a minimum of 2 lots consisting of 2,000 shares worth ₹2,82,000. Moreover, HNIs are required to bid for a minimum of 3 lots (3,000 shares) worth ₹4,23,000.
Is the SolarWorld Energy Solutions IPO a good investment?
Ans. Ecoline Exim Limited’s revenue decreased by 3% from ₹280.59 crores in March 2024 to ₹273.07 crores in March 2025. Moreover, the company’s PAT dropped by 17% from ₹22.59 crores to ₹18.82 crores.
Who is the registrar of the Ecoline Exim IPO?
Ans. MUFG Intime India Private Limited is the registrar of the Ecoline Exim IPO, responsible for managing the allotment procedure and initiating refunds. For any queries regarding the Ecoline Exim allotment and refund, please contact MUFG Intime India Private Limited at ipo.helpdesk@linkintime.co.in or +91-22-4918 6270.
What is the issue size of the Ecoline Exim IPO?
Ans. Ecoline Exim IPO is a book-building IPO for 0.43 crore shares, worth ₹76.42 crore. Moreover, the IPO is set to open on 23rd September 2025 and will be closed on 25th September 2025.
Disclaimer: The above information is compiled from authentic sources and is just for informational purposes. To have detailed information about the Ecoline Exim IPO, download the Ecoline Exim IPO RHP and Ecoline Exim IPO DRHP. Conduct your research before investing in IPOs to avoid significant losses. You can also consult your financial advisor.
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