Epack Prefab Technologies Limited’s Initial Public Offering to Open on Wednesday, September 24, 2025, Price Band Set at Rs 194 – Rs 204 per Equity Share

 

Epack Prefab Technologies Limited’s Initial Public Offering to Open on Wednesday, September 24, 2025, Price Band Set at Rs 194 – Rs 204 per Equity Share

 

Mumbai, September 19, 2025: Epack Prefab Technologies Limited has fixed the price band of ₹ 194/- to ₹204/- per Equity Share of face value ₹ 2/- each for its maiden initial public offer.

The Initial Public Offering (“IPO” or “Issue”) of the Company will open on Wednesday, September 24, 2025, for subscription and close on Friday, September 26, 2025.

Investors can bid for a minimum of 73 Equity Shares and in multiples of 73 Equity Shares thereafter.

The IPO is a fresh issue aggregating up to Rs 300 crore and an offer for sale up to 10,000,000 shares.

 

The proceeds from the fresh issue to the extent of Rs 102.9 crore will be for funding the capital expenditure requirements for setting up a new manufacturing facility at Ghiloth Industrial Area, Shahjahanpur, Rajasthan for manufacturing of continuous sandwich insulated panels and pre- engineered steel building. Also, Rs 58.1 crore will be used for 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. Rs 70 crore will be utilized for repayment and/or pre-payment, in full or part, of certain borrowings availed by the company, and general corporate purposes. 

 

The company is incorporated in 1999 and has two business verticals - Pre-Fab Business, wherein it provides complete solutions to customers on turnkey basis, which includes designing, manufacturing, installation and erection of pre-engineered steel buildings, pre-fabricated structures and its components in India and overseas, (Pre-Fab Business), and manufacturing of expanded polystyrene sheets and blocks (also referred as EPS Block Molded products and EPS Shape Molded products) for various industries such as construction, packaging, and consumer goods in India (EPS Packaging Business).

As per a CRISIL Report, the company is the fastest growing in terms of revenue from operations, registering a compounded annual growth rate of 41.79% between FY22-FY24 and its revenue from Pre-Fab business registered a compounded growth of 55.48% between FY22-FY24. The pre-engineered steel buildings industry expanded at a compounded growth rate of nearly 8.3% between FY 19 and FY 25, growing from Rs 130 billion in FY19 to Rs 210 billion in FY25.

 

In its pre-fab business, as on March 31, 2025, the company’s total installed capacity at its three manufacturing facilities situated at Greater Noida (Uttar Pradesh), Ghiloth (Rajasthan) and Mambattu (Andhra Pradesh) is 133,922 tonnes per annum of pre-engineered capacity and 5,10,000 square metres of sandwich insulated panel capacity. In addition to its manufacturing facilities, the company also has three design centres located at Noida (Uttar Pradesh), Hyderabad (Telangana) and Vishakhapatnam (Andhra Pradesh).

 

In its EPS packaging business, as on March 31, 2025, the company had a capacity of 8,400 tonnes per annum and they are used in construction, packaging, and consumer durables.

 

The company has been awarded certificate of excellence from Golden Book of World Records for “fastest erection of pre-engineered factory” building at Mambattu (Andhra Pradesh).

 

The company’s revenue from operations was Rs 1133.9 crore during FY25 vis-à-vis Rs 904.9 crore during FY 24.

 

The company benefited from growth in revenues in its pre-fab business and EPS packaging business.

 

Its net profit was Rs 59.3 crore during FY25 vis-à-vis Rs 42.9 crore during FY24.

 

Monarch Networth Capital Limited and Motilal Oswal Investment Advisors Limited are the book-running lead managers; and Kfin Technologies Limited is the registrar of the offer.

 

The Offer is being made through the book-building process, wherein not more than 50% of the net offer is allocated to qualified institutional buyers, and not more than 15% and 35% of the net offer is assigned to non-institutional bidders and retail individual bidders respectively. 

Notes for Reference:

Issue Size of the IPO based on the upper and lower end of the price band

	Fresh	OFS (10,000,000 equity shares)	Total
Lower Band (@Rs 194)	Rs 300 crore	Rs. 194 crore	Rs 494 crore
Upper Band (@Rs 204)	Rs 300 crore	Rs. 204 crore	Rs 504 crore