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Issue Open Date
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23-Sep-25
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Issue Closing Date
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25-Sep-25
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Application Money
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100
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Allotment Money
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Price Band
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134
-
141
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Minimium Application No.
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2000
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Issue Size (Shares)
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5420000
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Market Lot
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1
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Objective
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1. 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”)2. General Corporate Purpose.
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Category
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No. of Shares
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No. of Shares
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Subscription Ratio
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Offered / Reserved |
Bid For |
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Non-Institutional Investors
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Qualified Institutional Buyers
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Retail Individual Investors
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Business Description:
Incorporated in 2008, 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.We offer a variety of eco-conscious cotton and jute bags, our offerings include:? Recycled Cotton Bags – Made from Pre and Post-consumer waste, these bags help reduce textile waste while offering durability and style.? Organic Cotton Bags – Produced from cotton grown without pesticides or fertilizers, these bags are gentle on the environment and perfect for conscious consumers.? Fairtrade Cotton Bags – These bags are crafted from cotton that meets Fairtrade certification standards, ensuring ethical labor practices and fair wages for farmers producing such cotton.? Conventional Cotton Bags – A classic, affordable option made from traditional cotton, combining functionality and simplicity.? Jute Bags – A sustainable alternative made from natural jute fibers, perfect for carrying heavier loads while still being eco-friendly.? Moreover, our offerings include textile made up articles like aprons.
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Promoter's Holding
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Total Share Capital
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16175376
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Offered to Public
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5721000
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Promoter's Holding (Pre-Issue)
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100
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Promoter's Holding (Post-Issue)
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Address |
8
G. C. Ghosh Road
Kolkata
,
West Bengal
,
700048
Phone :
08910100252
Email :
info@ecoline.net.in
Website :
https://ecoline.net.in/
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Registrar |
MUFG Intime India Pvt Ltd.
C 101
247 Park
LBS Marg
Vikhroli (West)
Mumbai
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Listed at |
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NSE
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Lead Manager |
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Hem Securities Ltd.
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Promoters |
Gunjal Saraogi
Saurabh Saraogi
Shradha Saraogi
SL Commercial Pvt Ltd
Sudarshan Saraogi
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