EPack Prefab Technologies Ltd
Complete IPO details, including price band, financials, subscription status, and key insights.
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IPO Snapshot
Key metrics and details at a glance.
Price Band
₹204
Per ShareLot Size
73 Shares
Minimum Investment
₹14,892
Issue Size
₹504 Cr
Face Value
₹2
Per ShareIPO Type
Book Building
Retail Quota
35%
QIB Quota
50%
NII Quota
15%
IPO Timeline
Important dates for your applying strategy.
Subscription Status
Live demand across investor categories.
Track real-time subscription levels:
*Real-time data subject to exchange updates
EPack Prefab Technologies Ltd
Business model, operations, and market positioning.
Promoter Holding (Pre-Issue)
87.27%
Promoter Holding (Post-Issue)
64.54%
Issue Type
Book Building
ISIN
INE0MLS01022
About the Company
We were incorporated in the year 1999 and have a legacy of over 25 years, operating into two business verticals, i.e. (i) Pre-Fab Business, wherein we provide 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 (ii) 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").
Industry Overview
Based on CRISIL Report, as of FY25, the Indian prefabricated market was estimated around Rs. 465-485 billion. Key growth drivers of the industry include increase investments in the overall construction, favourable government policies, growing urbanisation and increasing population. Moving forward, the industry is projected to register a CAGR of 9-11% between FY25-30 and value around Rs. 730-800 billion by FY30. This growth will be driven by continued construction investments, favourable government policies, growing acceptance of prefabricated construction, and expanding end use segments like pharmaceuticals, infrastructure, etc. Based on CRISIL Report, the expanded polystyrene market was valued at Rs. 22 billion in FY24 and is expected to grow at a rate of 5.5-6.5% till FY30 reaching Rs 30-35 billion. The growth trajectory is driven by increasing demands across various sectors, particularly construction and packaging.
Company History
Our Company was originally incorporated as "E-Pack Polymers Private Limited" as a private limited company under the Companies Act, 1956, pursuant to a certificate of incorporation dated February 12, 1999, issued by Registrar of Companies, National Capital Territory of Delhi and Haryana, situated at New Delhi, Delhi, India. Our registered office was shifted from the state of Delhi, India to the state of Uttar Pradesh, India pursuant to a resolution passed by our Shareholders on January 28, 2019, and a certificate of registration dated April 22, 2019, pursuant to order of the Regional Director, Northern Region, Ministry of Corporate Affairs, New Delhi, Delhi, India dated March 25, 2019, confirming the transfer of registered office to another state. Subsequently, the name of our Company was changed to "EPack Polymers Private Limited" pursuant to a Board resolution dated August 10, 2020, and a resolution passed in the extra ordinary general meeting of the Shareholders held on September 05, 2020, and consequently a fresh certificate of incorporation dated October 13, 2020, was issued by the Registrar of Companies, Kanpur situated at Kanpur, Uttar Pradesh, India ("RoC"). Thereafter, our Company's name was changed to "EPack Prefab Technologies Private Limited", pursuant to a Board resolution dated October 4, 2024 and a resolution passed in the extra ordinary general meeting of the Shareholders held on October 26, 2024 and consequently a fresh certificate of incorporation dated December 04, 2024, was issued by the RoC. Subsequently, pursuant to a Board resolution dated December 04, 2024 and a resolution passed in the extra ordinary general meeting of the Shareholders held on December 04, 2024, the name of our Company was changed from "EPack Prefab Technologies Private Limited" to "EPack Prefab Technologies Limited" and a fresh certificate of incorporation dated December 11, 2024, consequent to the conversion from private to public company was issued by the RoC.
Products & Services
- The Company is operating into two business verticals, i.e. (i) Pre-Fab Business, wherein it provides complete solutions to customers on turnkey basis and (ii) manufacturing of expanded polystyrene sheets and blocks.
Growth Strategy
- Increasing our installed capacity through proposed expansions to capitalize on the rapid growth of the pre-engineered steel buildings industry.
- Deepening geographical footprint in respect of our Pre-Fab Business to cater to strategic markets domestically and expand internationally.
- Expand customer base and increase wallet share from existing customers.
- Continue to invest in technology infrastructure and design capabilities to enhance in-house design and engineering, and manufacturing capabilities.
- AI Implementation in our Marketing Process.
- To leverage the growing demand for environment friendly structures.
Customer Base
Wholesaler and Retailer
Financial Performance
Revenue, profit after tax and total assets across the last 3 reported financial years.
Revenue
Amount in ₹ crore
Profit After Tax (PAT)
Amount in ₹ crore
Total Assets
Amount in ₹ crore
Figures in ₹ crore, on a consolidated basis, as reported for FY23 to FY25.
Objects of the Issue
How the company plans to utilize IPO proceeds.
Use of Proceeds
The funds raised through this IPO will be used for:
Initial public offering of up to 24,705,882 equity shares of face value of Rs. 2/- each ("Equity Shares") of Epack Prefab Technologies Limited ("the Company" or the "Issuer") for cash at a price of Rs. 204 per equity share including securities premium of Rs. 104 per equity share ("Offer Price") aggregating up to Rs. 504 crores (the "Offer"). The offer comprises of a fresh issue of up to 14,705,882 equity shares by its company aggregating up to Rs. 300.00 crores (the "Fresh Issue") and an offer for sale of up to 10,000,000 equity shares (the "Offered Shares") consisting 999,897 equity shares aggregating to Rs. 204 crores by Sanjay Singhania, 995,859 equity shares aggregating toRs. [*] crores by Ajay DD Singhania, 100,000 equity shares aggregating to Rs. [*] crores by Bajrang Bothra, 1,386,906 equity shares aggregating toRs. [*] crores by Laxmi Pat Bothra and 225,000 equity shares aggregating to Rs. [*] crores by Nikhil Bothra, (Collectively Referred to as the "Promoter Selling Shareholders"), 250,077 equity shares aggregating to Rs. [*] crores by Divisha Singhania, 1,009,679 equity shares aggregating to Rs. [*] crores by Preity Singhania, 240,347 equity shares aggregating to Rs. [*] crores by Drishikka Singhania, 121,228 equity shares aggregating to Rs. [*] crores by Suman Bothra, 766,866 equity shares aggregating to Rs. [*] crores by Nitin Bothra, 800,373 equity shares aggregating to Rs. [*] crores by Leela Devi Bothra, 1,599,627 equity shares aggregating to Rs. [*] crores by Rajjat Bothra, 166,063 equity shares aggregating to Rs. [*] crores by Avishi Singhania, 1,005,954 equity shares aggregating to Rs. [*] crores by Pinky Ajay Singhania, 166,063 equity shares aggregating to Rs. [*] crores by Arshia Singhania and 166,061 equity shares aggregating to Rs. [*] crores by Araanya Singhania (Collectively Referred to as the "Promoter Group Selling Shareholder" and with Promoter Selling Shareholders, Referred to as the "Selling Shareholders").
*Subject to approvals and market conditions.
Strengths & Risks
Key competitive advantages and factors to consider before investing.
- Strong and diverse market presence with comprehensive offerings in the growing pre-engineered steel buildings industry.
- Strategically located manufacturing facilities coupled with comprehensive in-house design and engineering capabilities and wide sales presence, provide us a significant strategic cost advantage.
- Long-standing relationships with customers across a diverse set of industries.
- Strong financial performance and a strong Order Book.
- Experienced Promoters and Management team with extensive domain knowledge.
- We derive a significant portion of our revenue from our Pre-Fab Business vertical. Any decrease in demand of pre-fabricated buildings may impact our business.
- Our business and profitability are substantially dependent on the availability and the cost of our raw materials and components consumed, including steel for Pre-Fab Business and EPS beads for EPS Packaging Business for which we rely on third parties. Any disruption in timely and adequate supply of the raw materials, or volatility in the prices of raw materials or failure to maintain cordial relations with our suppliers may adversely impact our business, results of operations, financial condition and cash flows.
- We depend on third-party erectors for the timely execution and completion of our projects in Pre-Fab Business. Any delay on the part of these third parties in project execution, failure to meet design and stability criteria may lead to collapse of buildings installed by us. Any such collapse of building on account of failure of third-party erectors to comply with design and stability criteria could materially and adversely impact our business operations, future prospects, and financial performance.
- We are subject to applicable quality standards and performance requirements set by our customers. Any failure on our part to meet these standards or requirements may result in the cancellation of existing and future orders, invocation of performance bank guarantees or warranties, and indemnity or liability claims. Such events could adversely impact our business operations, financial performance, and cash flows.
- The number of orders we have received in the past in Pre-Fab Business, our current Order Book and our growth rate may not be indicative of the number of orders we will receive in future. Any delays in execution of our orders expose us to time and cost overruns and variability in revenue, materially and adversely impacting our revenue from operations, cash flows, financial condition and cash flows.