Ecoline Exim IPO

Ecoline Exim Limited is launching its IPO from September 23 to September 25, 2025, aiming to raise about ₹76.42 crore through a book-built fresh issue. The Ecoline Exim IPO is a fresh issue of approximately 43.40 lakh equity shares. The price band is set in the range of ₹134 to ₹141 per share, and the minimum application size is 1,000 shares. The IPO opens on September 23 and closes on September 25, 2025. The shares are expected to be listed on the NSE and SME platforms around September 30, 2025. MUFG Intime India Private Limited is the registrar for the IPO.

Company Background

Incorporated in 2012 and headquartered in Kolkata, Ecoline Exim Limited specialises in manufacturing eco-friendly, sustainable packaging products, including promotional and packaging bags made from cotton, jute, and other textiles. The company serves global markets across 25+ countries with high-quality and socially compliant products manufactured in three plants located in Kolkata and Ahmedabad. Ecoline is known for using advanced machinery such as automated spreaders, high-performance stitching machines, and multi-colour printing technology to produce over 60 million bags annually. The company has been recognised with several export awards and a 3-Star Export House certification from the Ministry of Commerce and Industry.

Operations And Product Range

Facility And Production

Ecoline Exim IPO operates three production facilities in Kolkata and Ahmedabad, spreading over 250,000 sq. ft., equipped with modern automated spreaders, stitching machines, and printing presses that ensure scalability and quality. The manufacturing process involves precision cutting, stitching, and customisation options like vibrant printing, allowing the company to cater to diverse client requirements and high volumes with timely deliveries. These well-equipped facilities comply with technical and social auditing standards, ensuring production meets international client expectations.

Brands And Market Presence

Operating under the brand “Ecoline,” the company has carved a niche as a leading sustainable packaging manufacturer. Its products are well accepted in major markets, including the EU, USA, Japan, Southeast Asia, and Mexico. Ecoline’s distribution extends through a network of exporters and distributors, helping it maintain a prominent market share and client loyalty for eco-friendly cotton and jute bags. The company continues to enhance its portfolio with innovative and green packaging solutions focused on the growing global demand for sustainable products.

Revenue Channels

• ⦁ Revenue primarily comes from exporting cotton, jute, and textile-based eco-friendly bags to over 25 countries.
• ⦁ Domestic markets contribute through promotional bag sales and packaging solutions.
• ⦁ Customised printing and product innovation, such as organic cotton bags and fair trade-certified products, create value-added streams.
• ⦁ Growth is supported by long-term export contracts with major clients across international markets.

Management And Shareholding

Promoters And Shareholding

Ecoline Exim IPO is promoted by Sudarshan Saraogi, Saurabh Saraogi, and Shradha Saraogi. The company remains closely held by the promoter family with significant stakes vested before the IPO. The fresh issue aims to broaden ownership while retaining promoter control. Details of pre- and post-IPO shareholding are outlined in regulatory documents.

Board Members

The Ecoline Exim IPO board consists of experienced industry veterans specialising in manufacturing, export, and corporate governance. The IPO is managed by established investment banks and registrar entities with expertise in SME IPOs, ensuring a seamless process for investors and the company.