Ecoline Exim Ipo
Ecoline Exim IPO Review & Key Points
Review:
IPO Lead Managers aka Merchant Bankers
Hem Securities Ltd.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 2 | 2,000 | ₹2,82,000 |
| Retail Maximum | 2 | 2,000 | ₹2,82,000 |
| S-HNI Minimum | 3 | 3,000 | ₹4,23,000 |
| S-HNI Maximum | 7 | 7,000 | ₹9,87,000 |
| B-HNI Minimum | 8 | 8,000 | ₹11,28,000 |
| Investor Category | Share Offered | -% Shares |
| Anchor Investor | – Shares | -% |
| QIB (Ex. Anchor) | – Shares | 50% |
| NII Shares Offered | – Shares | 15% |
| Retail Shares Offered | – Shares | 35% |
| Anchor Bidding Date | September 22, 2025 |
| Anchor Investors List | |
| Shares Offered | 15,43,000 Shares |
| Anchor Size | 21.76 Cr. |
| lock-in period end date 50% shares (30 Days) | October 26, 2025 |
| lock-in period end date 50% shares (90 Days) | December 25, 2025 |
| IPO Open Date: | September 23, 2025 |
| IPO Close Date: | September 25, 2025 |
| Basis of Allotment: | September 26, 2025 |
| Refunds: | September 29, 2025 |
| Credit to Demat Account: | September 29, 2025 |
| IPO Listing Date: | September 30, 2025 |
| IPO Bidding Cut-off Time: | September 25, 2025 – 5 PM |
| Particular | Shares | % Share |
| Promoter Holding Pre Issue | 1,61,75,376 | 100.00% |
| Promoter Holding Post Issue | 2,05,15,376 | 73.58% |
| Purpose | Crores |
| 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”) | 50 |
| General Corporate Purpose | – |
| Period Ended | Revenue | Expense | PAT | Assets |
| 2023 (Consolidated) | ₹310.67 | ₹286.11 | ₹18.86 | ₹104.46 |
| 2024 (Consolidated) | ₹280.59 | ₹251.98 | ₹22.59 | ₹128.72 |
| 2025 (Standalone) | ₹273.07 | ₹247.92 | ₹18.82 | ₹146.31 |
| KPI | Values |
| ROE: | 21.28% |
| ROCE: | 21.14% |
| EBITDA Margin: | 11.14% |
| PAT Margin: | 6.99% |
| Debt to equity ratio: | 0.45 |
| Earning Per Share (EPS): | ₹11.64 (Basic) |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | 21.28% |
| Net Asset Value (NAV): | ₹54.68 |
| IPO Open Date | September 23, 2025 |
| IPO Close Date | September 25, 2025 |
| Face Value | ₹10 Per Equity Share |
| IPO Price Band | ₹134 to ₹141 Per Share |
| Issue Size | Approx ₹76.42 Crores |
| Fresh Issue | Approx ₹61.19 Crores |
| Offer for Sale: | Approx 10,80,000 Equity Shares |
| Issue Type | Book Built Issue |
| IPO Listing | NSE SME |
| DRHP Draft Prospectus | |
| RHP Draft Prospectus |