Epack Prefab Tech IPO: Issue subscribed 50% on day 2 of bidding, check key updates

Epack Prefab Tech IPO: Issue subscribed 50% on day 2 of bidding, check key updates

Epack Prefab Tech IPO: The initial public offering (IPO) of Epack Prefab Technologies entered its second day of bidding today, September 25. The issue has been subscribed 50 per cent so far, as per provisional exchange data. The Greater Noida-based firm aims to raise Rs 504 crores from the public offering.

Epack Prefab Technologies IPO subscription status:

By 2:30 pm, investors have bid for 88.10 lakh shares out of the total of 1.76 crore shares on offer. Out of which, the Non Institutional Investors (NIIs) bid 0.35 times (13.30 lakh shares out of 38.19 lakh shares reserved) and Retail Individual Investors (RIIs) bid 0.59 times (52.20 lakh shares out of 89.12 lakh shares allotted).

The Qualified Institutional Buyers (QIBs) portion subscribed 0.46 times, translating to 22.58 lakh shares out of 49.38 lakh shares allotted.

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Epack Prefab Technologies IPO details:

The IPO is a book-built issue of Rs 504 crore, comprising a fresh issue of Rs 300 crore and an Offer for Sale (OFS) of Rs 204 crore. The company plans to use IPO proceeds for capacity expansion, debt repayment, and general corporate purposes.

Price band: Rs 194 to Rs 204 apiece

Subscription period: September 24 to September 26

Lot size: Minimum bid for 73 shares, amounting to Rs 14,892 at the upper price band

Allotment date: September 29, 2025

Listing date: October 1, 2025, on BSE and NSE

Company profile:

Epack Prefab Technologies Ltd specialises in pre-engineered steel buildings and prefabricated structures for industries like construction, logistics, and more.

Incorporated in 1999, the company reported revenue of Rs 1,140.49 crore for the year ending March 31, 2025, marking a 26 per cent increase compared to the previous year. 

Profit after tax (PAT) stood at Rs 59.32 crore for FY25, a 38 per cent rise from FY24. EBITDA was Rs 117.79 crore for FY25.

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