Ecoline Exim Ltd IPO
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Ecoline Exim Ltd IPO Details
Details
| Total Shares Offered | Offer to Public | Retail Max (Shares) | Pre Issue Promoters Holding | Exchange | Issue size |
|---|---|---|---|---|---|
| TBA | TBA | TBA | TBA | NSE | ₹ 76.42 Cr |
| IPO Open Date | Close Date | Lot Size | Min Investment | Issue Type | Listing Date |
| 23 Sep, 25 | 25 Sep, 25 | 2000 | ₹ 2,68,000 | Book Building - SME | 30 Sep, 25 |
Ecoline Exim Ltd IPO Dates
Details
| Sector | Type |
|---|---|
| Sector | Packaging |
| Sub Sector | NA |
| Issue Type | Book Building - SME |
Subscription Status
*Values are in Lakhs
| Investor Type | Subscription Times | Shares Offered* | Shares Bid* |
|---|---|---|---|
| QIB | 0x | 0 | 0 |
| NII | 0x | 0 | 0 |
| Retail | 0x | 0 | 0 |
| Employee | 0x | 0 | 0 |
| Total | 0x | 0 | 0 |
Subscription Status
Investor Type
QIB
NII
Retail
Employee
Total
*Values are in Lakhs
Ecoline Exim Ltd Financial Status
Income Statement
Balance Sheet
| Particulars (in Rs. Crores) | FY23 | FY22 | FY21 |
|---|---|---|---|
| Revenue from operations | 28.00 | TBA | TBA |
| EBITDA | 30.86 | TBA | TBA |
| PAT | 18.82 | TBA | TBA |
| Total Assets | 106.69 | TBA | TBA |
| Share Capital | 16.18 | TBA | TBA |
| Total Borrowings | 52.15 | TBA | TBA |
| Operating Activities (Net Cash) | 21.68 | TBA | TBA |
| Investing Activities (Net Cash) | 14.19 | TBA | TBA |
| Financing Activities (Net Cash) | 52.15 | TBA | TBA |
| Net Cashflow | 3.45 | TBA | TBA |
Particulars (in Rs. Crores)
Revenue from operations
EBITDA
PAT
Total Assets
Share Capital
Total Borrowings
Operating Activities (Net Cash)
Investing Activities (Net Cash)
Financing Activities (Net Cash)
Net Cashflow
About Ecoline Exim Ltd
Our Company was originally incorporated as a Private Limited Company under the name Ecoline Exim Private Limited on July 12, 2008 under the provisions of the Companies Act, 1956 with the Deputy Registrar of Companies, West Bengal with CIN: U51900WB2008PTC127429. Subsequently, our Company was converted into a Public Limited Company vide Special Resolution passed by the Shareholders at the Extraordinary General Meeting, held on July 01, 2024 and consequently the name of our Company was changed from Ecoline Exim Private Limited to Ecoline Exim Limited vide a fresh certificate of incorporation dated July 26, 2024, issued by the Assistant Registrar of Companies, Central Processing Centre bearing CIN: U51900WB2008PLC127429.
The Global Shopping Bag market is expected to grow at a CAGR of 3.11% in terms of value to reach USD 22.898 Billion in 2033 from USD 16.890 Billion in 2023. The global shopping bag market has witnessed significant growth in recent years, driven by factors such as increasing consumer awareness about environmental sustainability, stringent government regulations on plastic usage, and growing demand for reusable and eco-friendly alternatives. Shopping bags, which are commonly used for packaging goods purchased from retail outlets, are available in various materials including plastic, paper, fabric, and jute. A shift towards sustainable solutions, spurred by environmental concerns, is shaping the trajectory of the shopping bag market, which is expected to grow steadily over the coming years.
Our Company is primarily engaged in manufacturing of wide range of sustainable packaging and promotional bags made out of cotton and jute. We are engaged in the export of these bags globally. During the Fiscal 2024, we exported our products to more than 25 countries. Our major export market is European Union, USA, Japan, and South East Asia and Mexico, etc. With the awakening of global market where more and more measures are being taken to reduce the use of plastics, we address to the alternate solution to use products which are sustainable, reusable and biodegradable, like bags made out of cotton or jute which are eco-friendly.
Ecoline Exim Ltd IPO Key Points
Strengths
- 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.
Risk
- The company is dependent on certain key customers for a substantial portion of its revenues. Loss of relationship with any of these customers may have a material adverse effect on its profitability and results of operations.
- The company does not have long term agreements for supply of its raw materials. If the company is unable to procure raw materials of the required quality and quantity, at competitive prices, its business, results of operations and financial condition may be adversely affected. Majority of the company raw materials are sourced from few key suppliers. Discontinuation of operations of such suppliers may adversely affect its ability to source raw materials at a competitive price.
- Its business is dependent on the company manufacturing facilities and its subject to certain related risks; Unplanned slowdowns, unscheduled shutdowns or prolonged disruptions in the company manufacturing operations could have an adverse effect on its business, results of operations, cash flows and financial condition.
Strategy
- Continue to expand our presence abroad and explore domestic market.
- Focus on Backward and forward Integration.
- Focus on consistently meeting quality standards and reduce operating costs to improve operational efficiencies.
- Enhance value addition in existing products and development of new products.
- Continue to focus on sustainability.
- 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.
How To Apply for Ecoline Exim Ltd IPO Online?
Step 1:
Log in to the BlinkX stock market app and click ‘IPO’ in the Xplore section.
Step 2:
From the list of open IPOs, select the IPO you want to invest.
Step 3:
Go through the IPO details like lot size, price band, about the company, etc.
Step 4:
Click ‘Apply IPO’ to apply and enter the number of lots and bidding price along with your UPI ID.
Step 5:
Confirm your bid and accept the payment mandate sent to your UPI App for completing the IPO application.
