Comparison between Ecoline Exim IPO and GLEN Industries IPO.
Ecoline Exim IPO is a SME Bookbuilding IPO proposed to list at NSE SME while GLEN Industries IPO is a SME Bookbuilding proposed to list at BSE SME.
| Ecoline Exim IPO | GLEN Industries 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. | GYR Capital Advisors Pvt.Ltd. |
| Registrar | MUFG Intime India Pvt.Ltd. | Kfin Technologies Ltd. |
| Market Maker | Hem Finlease Pvt.Ltd. | Giriraj 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 GLEN Industries IPO is up to ₹59.79 Cr. The final issue price of Ecoline Exim IPO is ₹141.00 per share and of GLEN Industries IPO is ₹97.00 per share.
| Ecoline Exim IPO | GLEN Industries IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹134.00 per share | ₹92.00 per share |
| Issue Price (Upper) | ₹141.00 per share | ₹97.00 per share |
| Issue Price (Final) | ₹141.00 per share | ₹97.00 per share |
| Discount (Retail) | ||
| Discount (Employee) | ₹5.00 per share | |
| Market Lot Size | 1000 shares | 1200 shares |
| Fresh Issue Size | 40,68,000 shares | 61,71,599 shares |
| Fresh Issue Size (Amount) | up to ₹57.36 Cr | up to ₹59.79 Cr |
| OFS Issue Size | 10,80,000 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹15.23 Cr | up to ₹0.00 Cr |
| Issue Size Total | 51,48,000 shares | 61,71,599 shares |
| Issue Size Total (Amount) | up to ₹72.59 Cr | up to ₹59.79 Cr |
Ecoline Exim IPO opens on Sep 23, 2025, while GLEN Industries IPO opens on Jul 08, 2025. The closing date of Ecoline Exim IPO and GLEN Industries IPO is Sep 25, 2025, and Jul 10, 2025, respectively.
| Ecoline Exim IPO | GLEN Industries IPO | |
|---|---|---|
| Anchor Bid Date | Sep 22, 2025 | Jul 07, 2025 |
| Issue Open | Sep 23, 2025 | Jul 08, 2025 |
| Issue Close | Sep 25, 2025 | Jul 10, 2025 |
| Basis Of Allotment (Tentative) | Sep 26, 2025 | Jul 11, 2025 |
| Initiation of Refunds (Tentative) | Sep 29, 2025 | Jul 14, 2025 |
| Credit of Share (Tentative) | Sep 29, 2025 | Jul 14, 2025 |
| Listing date (Tentative) | Sep 30, 2025 | Jul 15, 2025 |
| Anchor Lockin End date 1 | Oct 25, 2025 | Aug 10, 2025 |
| Anchor Lockin End date 2 | Dec 24, 2025 | Oct 09, 2025 |
Ecoline Exim IPO P/E ratio is 12.12, as compared to GLEN Industries IPO P/E ratio of 9.33.
| Ecoline Exim IPO | GLEN Industries 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)GLEN Industries Ltd.'s revenue increased by 18% and profit after tax (PAT) rose by 113% between the financial year ending with March 31, 2025 and March 31, 2024.
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 100 | 100 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 73.58 | 72.99 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 12.12 | 9.33 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹289.27 Cr. | ₹233.40 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 23.51 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 21.14 | 16.94 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.45 | 2.28 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹11.64 | ₹10.40 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 21.28 | 45.43 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Ecoline Exim IPO Retail Individual Investors (RII) are offered 18,02,000 shares while in GLEN Industries IPO retail investors are offered 18,02,000 shares. Qualified Institutional Buyers (QIB) are offered 10,30,000 shares in Ecoline Exim IPO and 12,04,800 shares in GLEN Industries IPO.
| Ecoline Exim IPO | GLEN Industries IPO | |
|---|---|---|
| Anchor Investor Reservation | 15,43,000 shares | 18,00,000 shares |
| Market Maker Reservation | 2,72,000 shares | 3,25,200 shares |
| QIB | 10,30,000 shares | 12,04,800 shares |
| NII | 7,73,000 shares | 9,06,000 shares |
| RII | 18,02,000 shares | 21,07,200 shares |
| Employee | 0 shares | 1,53,600 shares |
| Others | ||
| Total | 51,48,000 shares | 61,71,600 shares |
Ecoline Exim IPO subscribed 6.06x in total, whereas GLEN Industries IPO subscribed 260.28x.
| Ecoline Exim IPO | GLEN Industries IPO | |
|---|---|---|
| QIB (times) | 9.51x | 192.46x |
| NII (times) | 5.41x | 476.25x |
| Big NII (times) | 5.62x | 588.85x |
| Small NII (times) | 4.97x | 251.24x |
| RII (times) | 4.37x | 225.15x |
| Employee (times) | 0.36x | |
| Other (times) | ||
| Total (times) | 6.06x | 260.28x |
