Ecoline Exim IPO vs Patel Chem Specialities IPO

Comparison between Ecoline Exim IPO and Patel Chem Specialities IPO.

IPO Details

Ecoline Exim IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Patel Chem Specialities IPO is a SME Bookbuilding proposed to list at BSE SME.

Issue Size and Price

The total issue size of Ecoline Exim IPO is up to ₹72.59 Cr whereas the issue size of the Patel Chem Specialities IPO is up to ₹55.83 Cr. The final issue price of Ecoline Exim IPO is ₹141.00 per share and of Patel Chem Specialities IPO is ₹84.00 per share.

 Ecoline Exim IPOPatel Chem Specialities IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹134.00 per share₹82.00 per share
Issue Price (Upper)₹141.00 per share₹84.00 per share
Issue Price (Final)₹141.00 per share₹84.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size1000 shares1600 shares
Fresh Issue Size40,68,000 shares66,46,400 shares
Fresh Issue Size (Amount)up to ₹57.36 Crup to ₹55.83 Cr
OFS Issue Size10,80,000 shares0 shares
OFS Issue Size (Amount)up to ₹15.23 Crup to ₹0.00 Cr
Issue Size Total51,48,000 shares66,46,400 shares
Issue Size Total (Amount)up to ₹72.59 Crup to ₹55.83 Cr

IPO Timetable

Ecoline Exim IPO opens on Sep 23, 2025, while Patel Chem Specialities IPO opens on Jul 25, 2025. The closing date of Ecoline Exim IPO and Patel Chem Specialities IPO is Sep 25, 2025, and Jul 29, 2025, respectively.

 Ecoline Exim IPOPatel Chem Specialities IPO
Anchor Bid DateSep 22, 2025Jul 24, 2025
Issue OpenSep 23, 2025Jul 25, 2025
Issue CloseSep 25, 2025Jul 29, 2025
Basis Of Allotment (Tentative)Sep 26, 2025Jul 30, 2025
Initiation of Refunds (Tentative)Sep 29, 2025Jul 31, 2025
Credit of Share (Tentative)Sep 29, 2025Jul 31, 2025
Listing date (Tentative)Sep 30, 2025Aug 01, 2025
Anchor Lockin End date 1Oct 25, 2025Aug 28, 2025
Anchor Lockin End date 2Dec 24, 2025Oct 27, 2025

Financials & KPIs

Ecoline Exim IPO P/E ratio is 12.12, as compared to Patel Chem Specialities IPO P/E ratio of 14.21.

 Ecoline Exim IPOPatel Chem Specialities IPO
Financials

Company Financials (Restated Consolidated)

Ecoline Exim Ltd.'s revenue decreased by 3% and profit after tax (PAT) dropped by 17% between the financial year ending with March 31, 2025 and March 31, 2024.

Period Ended31 Mar 202531 Mar 202431 Mar 2023
Assets146.31128.72104.46
Total Income273.07280.59310.67
Profit After Tax18.8222.5918.86
EBITDA29.9933.9430.57
NET Worth88.4571.7049.11
Reserves and Surplus72.2770.5447.96
Total Borrowing39.8944.8142.47
Amount in ₹ Crore

Company Financials (Restated)

Patel Chem Specialities Ltd.'s revenue increased by 28% and profit after tax (PAT) rose by 38% between the financial year ending with March 31, 2025 and March 31, 2024.

Period Ended31 Mar 202531 Mar 202431 Mar 2023
Assets65.3146.9737.08
Total Income105.5582.7269.75
Profit After Tax10.577.662.89
EBITDA15.8012.025.83
NET Worth35.4019.5211.87
Reserves and Surplus17.5318.5210.87
Total Borrowing14.8515.4611.79
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)10095.13
Promoter Shareholding (Post-Issue)73.5869.78
P/E Ratio12.1214.21
Market Cap₹289.27 Cr.₹208.91 Cr.
ROE23.5129.85
ROCE21.1436.26
Debt/Equity0.450.42
EPS₹11.64₹5.91
RoNW21.2824.32

Shares Offered

In the Ecoline Exim IPO Retail Individual Investors (RII) are offered 18,02,000 shares while in Patel Chem Specialities IPO retail investors are offered 18,02,000 shares. Qualified Institutional Buyers (QIB) are offered 10,30,000 shares in Ecoline Exim IPO and 13,29,600 shares in Patel Chem Specialities IPO.

 Ecoline Exim IPOPatel Chem Specialities IPO
Anchor Investor Reservation15,43,000 shares19,87,200 shares
Market Maker Reservation2,72,000 shares3,53,600 shares
QIB10,30,000 shares13,29,600 shares
NII7,73,000 shares9,98,400 shares
RII18,02,000 shares23,31,200 shares
Employee0 shares0 shares
Others
Total51,48,000 shares66,46,400 shares

Bids Received (Subscription)

Ecoline Exim IPO subscribed 6.06x in total, whereas Patel Chem Specialities IPO subscribed 167.32x.

 Ecoline Exim IPOPatel Chem Specialities IPO
QIB (times)9.51x105.27x
NII (times)5.41x236.62x
Big NII (times)5.62x253.06x
Small NII (times)4.97x204.81x
RII (times)4.37x173.03x
Employee (times)
Other (times)
Total (times)6.06x167.32x

Compare with others

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Ecoline Exim IPO Vs Patel Chem Specialities IPO