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About Ecoline Exim Ltd Ecoline Exim Limited, originally incorporated as a private entity in 2008, transitioned into a public company in July 2024. The firm specializes in manufacturing sustainable packaging and promotional bags made from cotton and jute, primarily catering to international markets such as the European Union, USA, Japan, Mexico, and Southeast Asia. As an Original Equipment Manufacturer (OEM), Ecoline Exim provides customized packaging solutions for supermarkets, retail chains, wholesalers, and promotional companies. Customization services include screen printing, embroidery, labelling, and sizing based on client demands.
The company operates three factories in India, strategically located in West Bengal (Noapara and Badu) and Gujarat's Ahmedabad district (Taluka Sanand). Its customer base is segmented into two key categories: Functional, targeting retailers, wholesalers, and supermarkets, and Promotional, serving promotional firms and corporate gifting agencies. This diverse clientele underscores the company's position in both routine use and specialized packaging industries.
Ecoline Exim Limited plans to expand its operations by raising capital through an upcoming Initial Public Offering (IPO). The IPO consists of 57,21,000 equity shares, with 46,41,000 shares offered as a Fresh Issue and 10,80,000 shares offered through an Offer for Sale, at a face value of Rs 10 each. This move aims to bolster its manufacturing capacity, enhance market reach, and solidify its presence in the global sustainable packaging sector.
Traders interested in Ecoline Exim Limited should note its focus on environmentally-friendly products, the customizability of its offerings, and its established export markets. The upcoming IPO reflects the company's ambition for growth, making it a notable contender in the sustainable packaging industry.