Synopsis:
Epack Prefab Technologies IPO (Sept 24–26, 2025) offers Rs. 194–Rs. 204 per share, raising Rs. 504 crore for expansion and debt repayment. Strong financials, diversified market presence, experienced promoters, and robust order book highlight its growth potential.
Epack Prefab Technologies is launching its IPO from September 24 to September 26, 2025, with shares set to list on BSE and NSE. The issue is a book-building IPO with a price band of Rs. 194–Rs. 204 per share and a lot size of 73 shares.
The total issue size comprises 2.47 crore shares aggregating up to Rs. 504 crore, which includes a fresh issue of 1.47 crore shares (Rs. 300 crore) and an offer for sale of 1 crore shares (Rs. 204 crore).
With a face value of Rs. 2 per share, the company’s pre-issue shareholding stands at 8.57 crore shares, which will increase to 10.04 crore shares post-issue. The book running lead manager for the issue is Monarch Networth Capital Ltd., while Kfin Technologies Ltd. is serving as the registrar.
IPO Lot size
For the Epack Prefab Technologies IPO, investors can bid for a minimum of 73 shares and in multiples of 73. For retail investors, the minimum application is 1 lot (73 shares) amounting to Rs. 14,892, while the maximum is 13 lots (949 shares) totaling Rs. 1,93,596.
For single HNI investors, the minimum is 14 lots (1,022 shares) worth Rs. 2,08,488, and the maximum is 67 lots (4,891 shares) worth Rs. 9,97,764. Bulk HNI investors can apply for a minimum of 68 lots (4,964 shares) totaling Rs. 10,12,656.
GMP of the IPO
The last GMP for Epack Prefab Technologies IPO was ₹14, updated on September 23, 2025, at 2:30 PM. With a price band of ₹204, the IPO’s estimated listing price is ₹218 (cap price plus current GMP), implying an expected gain of 6.86% per share.
IPO Timeline
The Epack Prefab Technologies IPO is scheduled to open on September 24, 2025, and close on September 26, 2025. The tentative allotment of shares is expected on September 29, 2025, with refunds and credit of shares to demat accounts likely on September 30, 2025. The IPO is tentatively set to list on the stock exchanges on October 1, 2025. The cut-off time for UPI mandate confirmation is 5 PM on September 26, 2025.
Promoter Holding
The promoters of Epack Prefab Technologies include Sanjay Singhania, Ajay DD Singhania, Bajrang Bothra, Laxmi Pat Bothra, and Nikhil Bothra. Their shareholding stands at 87.27% before the IPO.
Objectives of the IPO
The Epack Prefab Technologies IPO plans to utilize the net proceeds from the issue for the following purposes:
- Setting up a new manufacturing facility at Ghiloth Industrial Area, Shahjahanpur, Alwar, Rajasthan, for producing continuous sandwich insulated panels and pre-engineered steel buildings with Rs. 102.97 crore.
- Expanding the existing manufacturing facility at Mambattu (Unit 4), Andhra Pradesh, to increase pre-engineered steel building capacity with Rs. 58.17 crore.
- Repayment or pre-payment of certain borrowings availed by the company with Rs. 70.00 crore.
- General corporate purposes.
About the company
Epack Prefab Technologies Ltd. primarily operates in the pre-engineered steel building (PEB) and construction materials industry. The company manufactures and supplies pre-engineered steel buildings, continuous sandwich insulated panels, and related components for industrial, commercial, and residential construction. It combines in-house design, engineering, and fabrication capabilities to provide customized building solutions, catering to a diverse set of industries across India, with a focus on cost efficiency and timely project execution.
Financials
Epack Prefab Technologies Ltd. has shown strong financial growth over the past three years. For the year ending March 31, 2025, the company reported total assets of Rs. 931.02 crore, total income of Rs. 1,140.49 crore, and a profit after tax (PAT) of Rs. 59.32 crore, marking a 26% increase in revenue and a 38% rise in PAT compared to the previous year.
EBITDA grew to Rs. 117.79 crore, while net worth rose to Rs. 353.93 crore and reserves and surplus to Rs. 337.01 crore. The company’s total borrowings stood at Rs. 210.23 crore, up from Rs. 145.31 crore in 2024 and Rs. 105.93 crore in 2023, reflecting its expanding operations.
Competitive Strengths of the IPO
- Robust and diversified market presence with a wide range of offerings in the expanding pre-engineered steel buildings sector.
- Strategically located manufacturing facilities coupled with strong in-house design and engineering capabilities, providing a notable cost advantage.
- Established relationships with customers across various industries.
- Consistent strong financial performance supported by a healthy order book.
- Experienced promoters and management team with deep industry expertise.
Internal Risks of the company
- The U.P. Pollution Control Board has filed a complaint against our Company under Section 14(2) of the Commission for Air Quality Management in National Capital Region and Adjoining Areas Act, 2021 (“Air Act”) for alleged non-compliance with directions issued under the Air Act. An adverse decision in this matter could potentially affect our EPS Packaging Business.
- Certain instances of non-compliance have occurred in relation to (i) the conduct of the AGM and filing of financial statements, (ii) loans extended to directors, and (iii) inaccuracies in the filing of Form DPT-3. If our applications for compounding these defaults are not accepted, the Company may be subject to penalties.
- Our Promoters/Directors have interests in Promoter Group and Group Companies, namely EPACK Durable Limited and East India Technologies Private Limited. Such interests may give rise to potential conflicts of interest in the ordinary course of our business.
Written by Manideep Appana
Disclaimer
The views and investment tips expressed by investment experts/broking houses/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Trade Brains Technologies Private Limited or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.
