Ecoline Exim Ltd Summary
Ecoline Exim Limited 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. Subsequently, Company was converted into a Public Limited Company and the name of the 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.Company is primarily engaged in manufacturing of wide range of sustainable packaging and promotional bags made out of cotton and jute. It is engaged in the export of these bags globally.
Major export market is European Union, USA, Japan, and South East Asia and Mexico, etc. Company is an OEMs catering to packaging solutions of various customers like: Super Markets and Retail chains, Wholesalers and Promotional companies. It customize products as per the customer requirements with screen printing, embroidery, labelling, sizing etc.
Apart from these, Company is currently operating from 3 factories following Factory I situated at Noapara, in West Bengal; Factory II in Badu and Factory III at Taluka Sanand in Ahmedabad district of Gujarat. The customer base is divided into two major segments i.e. (i) Functional - where major customers are Retailers/Wholesalers and Supermarkets and (ii) Promotional - where major Customers are Promotional companies and Corporate Gifting agencies.Company has filed a Draft Prospectus and is planning to raise money through IPO by issuing an aggregate of 57,21,000 Equity Shares of face value Rs 10/- comprising 46,41,000 Equity Shares through Fresh Issue and 10,80,000 Equity Shares through Offer for Sale.