Epack Prefab Technologies is listed at a price of Rs 183.85 on the National Stock Exchange, a discount of 9.8% from the issue price. It is listed at Rs 186.10 on the BSE, which is 8.77% lower than the issue price.
The IPO opened for subscription on September 24 and closed on September 26. The company kept the price band between Rs 194 and Rs 204 per equity share.
The company mopped up Rs 504 crore from the primary markets. The issue was a combination of 1.47 crore fresh shares and an offer for sale of 1 crore selling shareholders’ shares. The allotment for the shares was finalised on September 29.
Epack Prefab Technologies IPO: Lot size
A retail application had to apply for at least one lot of 73 shares, amounting to Rs 14,892. The lot size investment for a small NII was 14 lots of 1,022 shares, aggregating to Rs 2 lakh, and for a big NII, it was 68 lots of 4,964 shares, totalling Rs 10 lakh.
Epack Prefab Technologies IPO: BRLM and registrar
Monarch Networth Capital was the book-running lead manager, and Kfin Technologies was the registrar of the issue
About Epack Prefab Technologies
Epack Prefab Technologies is engaged in turnkey pre-engineered steel buildings and prefabricated structures, handling design, fabrication, and installation for industrial, institutional, and commercial sectors. It also manufactures EPS thermocol blocks, sheets, and shaped packaging items for insulation and packaging solutions, serving the packaging and construction industries.
Epack Prefab Technologies IPO: Experts’ take
“On the valuation front, based on annualised FY25 earnings, the company is seeking a P/E of 34.5 times and EV/EBITDA of 15.4 times, and a post-issue market capitalisation of approximately Rs 2,049.2 crore, making the issue appear to be aggressively priced. The company leverages process innovation and advanced technology to enhance efficiency and customisation, while cost competitiveness enables prefab solutions that balance affordability and functionality, driving sustainable growth in the long run. Hence, we assign ‘Subscribe’ for long-term rating for the issue,” said Anand Rathi Research in an IPO note.