Issue closes on September 26, 2025 for bidding

The Initial Public Offering of Epack Prefab Technologies was subscribed 0.30 times on the first day of bidding, demonstrating demand from retail and non-institutional investors for this IPO.

The issue received 52,77,024bids of against the offered 1,76,70,103 equity shares, according to data available on the stock exchanges.

Retail Portion and Non-institutional portion were subscribed 0.29 and 0.12 times respectively. Qualified Institutional Investors was subscribed 0.46 times and Employee Portion was subscribed times.

The issue kicked off for subscription on Wednesday, September 24, 2025 and will close for subscription on Friday, September 26, 2025.

A day before the opening of the issue, Epack Prefab Technologies had raised Rs 151.19 crore from anchor investors. Some of the marquee institutions that participated in the anchor include Citigroup Global Markets Mauritius, Morgan Stanley Asia (Singapore), Sameesha India Equity Fund, Nuvama Crossover Opportunities Fund – Series III, Finavenue Capital Trust – Finavenue Growth Fund, Al Mehwar Commercial Investments L.L.C. – (Wanda) and LC Pharos Multi Strategy Fund Vcc-Lc Pharos Multi Strategy Fund Sf1

Leading brokerage firms like BP Wealth, Reliance Securities, SBI Securities and SMIFS have given a “Subscribe” rating to the issue highlighting the company  has built a diversified market base with a wide product portfolio. Its expertise in cost-effective, high-quality pre-engineered steel building solutions has positioned it as a reliable partner across sectors. EPTL has supplied pre-fab products and completed projects across 30 states and UTs. In EPS packaging, it holds nearly 8% domestic market share.

On the valuation front, at the upper price band of Rs 204, the issue is valued at P/E and EV/EBITDA multiples of 34.5 times and 15.3 times, respectively, on post-issue capital. EPTL was one of the fastest growing companies between FY22-FY25 among pre-fab peers in terms of Revenue and EBITDA on a compounded growth basis. And while comparing with its listed peers, the issue is fairly priced on most valuation parameters. 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.