Ecoline Exim IPO is a book-built issue aiming to raise ₹76.42 crore. It comprises of a fresh issue of 0.43 crore shares aggregating to ₹61.19 crores and offer for sale of 0.11 crore shares aggregating to ₹15.23 crores. The bidding window was open from September 23, 2025, to September 25, 2025, with the IPO allotment to be finalised on September 26, 2025. Ecoline Exim is scheduled to list on NSE SME on September 30, 2025.
The IPO was priced at ₹134–₹141 per share with a lot size of 1,000 shares. The public issue received bids for 2,18,48,000 shares against 36,05,000 shares available, resulting in an overall subscription of 6.06 times. QIBs led the response, subscribing 9.51 times their quota, followed by NIIs at 5.41 times and retail investors at 4.37 times.
Ecoline Exim’s ₹76.42 crore IPO, priced at ₹134–₹141 per share, was subscribed 6.06 times overall. The IPO consists of a fresh issue of 0.43 crore shares aggregating to ₹61.19 crores and offer for sale of 0.11 crore shares aggregating to ₹15.23 crores. Bidding took place from September 23 to September 25, 2025, with the Ecoline Exim IPO allotment status on September 26, 2025. Retail investors subscribed 4.37 times and NIIs 5.41 times. Listing is expected on September 30, 2025.
The table below breaks down the Ecoline Exim share allocation for different categories, highlighting the number of shares and their percentage of the total issue. However, the key focus remains on the quotas allocated to retail investors and HNIs, as they are the most relevant for individual investors.
| Investor Category | Shares Offered |
| Market Maker Shares Offered | 2,72,000 (5.02%) |
| QIB Shares Offered | 25,73,000 (47.47%) |
| − Anchor Investor Shares Offered | 15,43,000 (28.47%) |
| − QIB (Ex. Anchor) Shares Offered | 10,30,000 (19.00%) |
| NII (HNI) Shares Offered | 7,73,000 (14.26%) |
| − bNII > ₹10L | 5,15,000 (9.50%) |
| − sNII < ₹10L | 2,58,000 (4.76%) |
| Retail Shares Offered | 18,02,000 (33.25%) |
| Total Shares Offered | 54,20,000 (100.00%) |
Data Source: NSE
| Category | Subscription (times) |
| Qualified Institutional Buyers | 9.51 |
| Non-Institutional Investors | 5.41 |
| Retail Individual Investors | 4.37 |
| Total shares | 6.06 |
Note: The subscription details are as of September 25, 2025
Incorporated in 2008, Ecoline Exim Limited is primarily engaged in the manufacturing of a wide range of sustainable packaging and promotional bags made from cotton and jute.
The company exports its products globally and, during Fiscal 2025, successfully supplied to more than 27 countries. Major export markets include the European Union, the USA, Japan, Southeast Asia, and Mexico.
With rising global initiatives to reduce the use of plastics, the company provides sustainable, reusable, and biodegradable alternatives, offering eco-conscious bags that meet the increasing demand for environmentally responsible solutions.
The company’s product portfolio includes recycled cotton bags, made from pre- and post-consumer waste; organic cotton bags, produced from cotton grown without pesticides or fertilizers; Fairtrade cotton bags, manufactured in compliance with Fairtrade certification standards to ensure ethical labor practices and fair wages; conventional cotton bags, offering affordability and functionality; and jute bags, crafted from natural jute fibers and designed to carry heavier loads while remaining eco-friendly.
Additionally, the company produces textile articles such as aprons, further expanding its sustainable product range.
Ecoline Exim Limited operates as an Original Equipment Manufacturer (OEM), delivering customized packaging solutions to supermarkets, retail chains, wholesalers, and promotional companies.
Know more about IPO allotment status and check your application details online for the latest updates on share allocation.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in the securities market are subject to market risks, read all the related documents carefully before investing.
Published on: Sep 26, 2025, 7:59 AM IST
Neha Dubey
Neha Dubey is a Content Analyst with 3 years of experience in financial journalism, having written for a leading newswire agency and multiple newspapers. At Angel One, she creates daily content on finance and the economy. Neha holds a degree in Economics and a Master’s in Journalism.
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