Epack Prefab Technologies IPO Date, Review, Price and Key Information

Epack Prefab Technologies Limited IPO is fully book build issue and it includes both fresh issue and offer for share. The share offering is a fresh issue worth ₹300 crores and offer for sale upto 1 crore shares.

The dates for the Epack Prefab Technologies IPO have not been announced yet. The allotment process is expected to be finalized by [.].

The price band for the Epack Prefab Technologies IPO has not been announced yet. The Epack Prefab Technologies IPO is scheduled to list on BSE and NSE with a tentative listing date of [.].

Registrar for this IPO is KFin Technologies Limited and lead managers for Epack Prefab Technologies IPO are Monarch Networth Capital Limited, Motilal Oswal Investment Advisors Limited.

IPO Schedule

IPO Open Date	-
IPO Close Date	-
IPO Allotment Date	-
Refund Initiation	-
Share credit in Demat	-
Listing Date	-

Key Details

Price Band	TBA
Lot Size	TBA
Face Value	₹2 Per Equity Share
Total Issue Size	10,000,000 Shares + ₹300 Crores
Fresh Issue	₹300.00 Crores
OFS Issue	10,000,000 Shares
Issue Type	Fresh Issue and Offer for Sale
Listing At	NSE & BSE

Share Reservation

Investor Category	Shares Offered
QIB	50%
Retail	35%
NII/HNI	15%

About Epack Prefab Technologies Limited Company

Epack Prefab Technologies Limited, established in 1999, operates in two key business verticals: Pre-Fab Business and EPS Packaging Business. In the Pre-Fab Business, the company offers comprehensive turnkey solutions including designing, manufacturing, installation, and erection of pre-engineered steel buildings and pre-fabricated structures both in India and overseas. The EPS Packaging Business focuses on manufacturing expanded polystyrene (EPS) sheets and blocks for diverse industries such as construction, packaging, and consumer goods within India.

Epack Prefab has demonstrated strong financial performance among its peers, with significant growth metrics observed over the past three fiscal years. The company has shown rapid growth with a revenue from operations CAGR of 41.79% between Fiscals 2022 and 2024. The pre-engineered steel buildings industry grew at a CAGR of approximately 8.0% over FY19-24. Epack Prefab's Pre-Fab Business registered an even higher CAGR of 55.48% during the same period.

Epack Prefab has also achieved the second-highest CAGR in operating profit before depreciation, interest, and taxes (OPBDIT) between Fiscals 2022 and 2024, at 56.45%. The company has a RoE of 29.12% and a RoCE of 28.16% in Fiscal 2024. Furthermore, the company boasts the third-largest production capacity in the pre-engineered steel building (PEB) industry. In Fiscal 2024, Epack Prefab held an 8% market share in India within the EPS Packaging Business.

As of December 31, 2024, Epack Prefab has a total installed capacity of 133,924 MTPA of pre-engineered capacity and 510,000 SQM of Sandwich Insulated Panel capacity across its three manufacturing facilities located in Greater Noida, Ghiloth, and Mambattu. The company also operates three design centers located in Noida, Hyderabad and Vishakhapatnam. The company's focus on innovation and modern technology enable it to deliver customized, cost-effective prefab solutions that meet diverse customer needs.

Epack Prefab sells its Pre-Fab Business products under the brand name ‘EPACK PREFAB’ and EPS Packaging Business products under the brand name ‘EPACK PACKAGING’.

Epack Prefab Technologies Limited Financial Details

Period Ended	30 Sep 2024	31 Mar 2024	31 Mar 2023	31 Mar 2022
Assets	705.47	613.72	432.05	305.66
Revenue	536.99	904.90	656.76	450.11
Profit After Tax	27.68	42.96	23.97	19.52
Net Worth	196.55	168.96	126.10	102.11
Reserves and Surplus	181.05	165.08	122.22	98.23
Total Borrowing	191.64	145.31	105.93	72.65

₹ In Crore

Key Performance Indicator

Basic EPS	Return on Net Worth	Net Asset Value	Debt-Equity Ratio	Return on Equity	Return on Capital Employed
5.54	29.12%	21.80	0.77	29.12%	27.21%

Offer Objectives

The company is launching an IPO comprised of a fresh issue of equity shares aggregating up to ₹30 crore, and an offer for sale of 10,000,000 equity shares by the Promoter/Promoter Group Selling Shareholders.

Offer for Sale: The selling shareholders will receive proceeds from the Offer for Sale, net of offer expenses and taxes. The company will not receive any proceeds from the Offer for Sale.

Objects of the Fresh Issue: The net proceeds will be used for:

Financing capital expenditure for a new manufacturing facility in Rajasthan for continuous Sandwich Insulated Panels and pre-engineered steel building.
Financing the capital expenditure for expansion of existing manufacturing facility at Mambattu (Unit 4) in Andhra Pradesh for increasing the pre-engineered steel building capacity.
Repayment and/or pre-payment of certain company borrowings.
General corporate purposes.

Net Proceeds: The gross proceeds from the fresh issue are up to ₹30 crore. After deducting offer-related expenses, the estimated net proceeds are ₹[●] million. A pre-IPO placement may be considered, not exceeding 20% of the fresh issue size.

Utilization of Net Proceeds: The table summarizes the allocation:

New manufacturing facility: ₹10.16 crore
Expansion of existing facility: ₹5.81 crore
Repayment of borrowings: ₹7.00 crore
General corporate purposes: Amount to be finalized

The schedule of implementation and deployment of net proceeds indicates funds deployment will occur primarily in Fiscal 2026.

Note: The proposed utilization of funds is based on internal estimates and a detailed project report, which may be subject to change. The fund requirements have not been appraised by any independent agency.