Comparison between Ecoline Exim IPO and Shree Refrigerations IPO.
Ecoline Exim IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Shree Refrigerations IPO is a SME Bookbuilding proposed to list at BSE SME.
| Ecoline Exim IPO | Shree Refrigerations IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Bookbuilding |
| Listing At | NSE SME | BSE SME |
| Lead Managers | Hem Securities Ltd. | Narnolia Financial Services Ltd. |
| Registrar | MUFG Intime India Pvt.Ltd. | MUFG Intime India Pvt.Ltd. |
| Market Maker | Hem Finlease Pvt.Ltd. | Mansi Share & Stock Broking Pvt.Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | Anchor Investor | Anchor Investor |
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Ecoline Exim IPO is up to ₹72.59 Cr whereas the issue size of the Shree Refrigerations IPO is up to ₹111.44 Cr. The final issue price of Ecoline Exim IPO is ₹141.00 per share and of Shree Refrigerations IPO is ₹125.00 per share.
| Ecoline Exim IPO | Shree Refrigerations IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹2 per share |
| Issue Price (Lower) | ₹134.00 per share | ₹119.00 per share |
| Issue Price (Upper) | ₹141.00 per share | ₹125.00 per share |
| Issue Price (Final) | ₹141.00 per share | ₹125.00 per share |
| Discount (Retail) | ||
| Discount (Employee) | ||
| Market Lot Size | 1000 shares | 1000 shares |
| Fresh Issue Size | 40,68,000 shares | 70,90,000 shares |
| Fresh Issue Size (Amount) | up to ₹57.36 Cr | up to ₹88.63 Cr |
| OFS Issue Size | 10,80,000 shares | 18,25,000 shares |
| OFS Issue Size (Amount) | up to ₹15.23 Cr | up to ₹22.81 Cr |
| Issue Size Total | 51,48,000 shares | 89,15,000 shares |
| Issue Size Total (Amount) | up to ₹72.59 Cr | up to ₹111.44 Cr |
Ecoline Exim IPO opens on Sep 23, 2025, while Shree Refrigerations IPO opens on Jul 25, 2025. The closing date of Ecoline Exim IPO and Shree Refrigerations IPO is Sep 25, 2025, and Jul 29, 2025, respectively.
| Ecoline Exim IPO | Shree Refrigerations IPO | |
|---|---|---|
| Anchor Bid Date | Sep 22, 2025 | Jul 24, 2025 |
| Issue Open | Sep 23, 2025 | Jul 25, 2025 |
| Issue Close | Sep 25, 2025 | Jul 29, 2025 |
| Basis Of Allotment (Tentative) | Sep 26, 2025 | Jul 30, 2025 |
| Initiation of Refunds (Tentative) | Sep 29, 2025 | Jul 31, 2025 |
| Credit of Share (Tentative) | Sep 29, 2025 | Jul 31, 2025 |
| Listing date (Tentative) | Sep 30, 2025 | Jul 31, 2025 |
| Anchor Lockin End date 1 | Oct 25, 2025 | Aug 29, 2025 |
| Anchor Lockin End date 2 | Dec 24, 2025 | Oct 28, 2025 |
Ecoline Exim IPO P/E ratio is 12.12, as compared to Shree Refrigerations IPO P/E ratio of 23.81.
| Ecoline Exim IPO | Shree Refrigerations 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.
| Company Financials (Restated Consolidated)Shree Refrigerations Ltd.'s revenue increased by 22% and profit after tax (PAT) rose by 17% between the financial year ending with March 31, 2025 and March 31, 2024.
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 100 | 56.6 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 73.58 | 44.59 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 12.12 | 23.81 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹289.27 Cr. | ₹445.38 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 23.51% | 15.44% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 21.14% | 23.22% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.45 | 0.37 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹11.64 | ₹5.25 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 21.28% | 15.44% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Ecoline Exim IPO Retail Individual Investors (RII) are offered 18,02,000 shares while in Shree Refrigerations IPO retail investors are offered 18,02,000 shares. Qualified Institutional Buyers (QIB) are offered 10,30,000 shares in Ecoline Exim IPO and 17,82,000 shares in Shree Refrigerations IPO.
| Ecoline Exim IPO | Shree Refrigerations IPO | |
|---|---|---|
| Anchor Investor Reservation | 15,43,000 shares | 26,73,000 shares |
| Market Maker Reservation | 2,72,000 shares | 4,71,000 shares |
| QIB | 10,30,000 shares | 17,82,000 shares |
| NII | 7,73,000 shares | 13,38,000 shares |
| RII | 18,02,000 shares | 31,22,000 shares |
| Employee | 0 shares | 0 shares |
| Others | ||
| Total | 51,48,000 shares | 89,15,000 shares |
Ecoline Exim IPO subscribed 6.06x in total, whereas Shree Refrigerations IPO subscribed 187.55x.
| Ecoline Exim IPO | Shree Refrigerations IPO | |
|---|---|---|
| QIB (times) | 9.51x | 167.32x |
| NII (times) | 5.41x | 197.01x |
| Big NII (times) | 5.62x | 214.75x |
| Small NII (times) | 4.97x | 158.70x |
| RII (times) | 4.37x | 195.05x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 6.06x | 187.55x |
