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Epack Prefab Technologies IPO Sees Steady Interest, Retail Bidding Gains Traction

By Shishta Dutta | Published at: Sep 25, 2025 04:42 PM IST

Epack Prefab Technologies IPO Sees Steady Interest, Retail Bidding Gains Traction
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New Delhi, Sep 25, 2025: The ₹504 crore IPO of Epack Prefab Technologies Ltd saw a bit of encouragement in the afternoon of the second day of subscription, as the total subscriptions by 03:30 PM covered 55% (0.55 times) of the total issue size. Retail investors also showed some interest in the issue as their quota was subscribed 0.66 times, one of the highest in all investor categories.

Founded in 1999, Epack Prefab Technologies Ltd IPO specializes in pre-engineered steel buildings and prefabricated structures for industrial, commercial, and infrastructure projects. It operates three manufacturing plants in Greater Noida, Ghiloth (Rajasthan), and Mambattu (Andhra Pradesh), serving clients across India with modular and efficient building solutions.

Epack Prefab Technologies IPO Category Wise Subscription (03:30 PM)

Anchor investors fully subscribed to their portion, contributing ₹151.20 crore. Retail investors subscribed 0.66 times, bidding for 57.41 lakh shares against 86.47 lakh offered, while QIBs (excluding anchors) showed weaker traction at 0.46 times. The non-institutional segment lagged at 0.39 times, with HNI participation particularly low, bNII at 0.23 times and sNII at 0.71 times. In total, 94.5 lakh shares were bid for out of 1.73 crore offered, amounting to ₹192.79 crore. Investor demand remains muted across categories.

Epack Prefab Technologies IPO Uses of Funds

The company has already disclosed the uses of funds in the Red Herring Prospectus. Approximately ₹101.62 crore will be allocated for setting up a new manufacturing facility in the Ghiloth Industrial Area. The company will utilize ₹58.10 crore for expanding the existing manufacturing facility at Mambattu (Unit 4) in Andhra Pradesh. The company also aims to reduce its total borrowings, as ₹70 crore will be used for debt repayment, and the remaining amount is earmarked for general corporate purposes.

Epack Prefab Technologies IPO Anchor Allocation (Pre-IPO)

A day before opening, the company raised ₹151.20 crore by allotting 74,11,764 shares to anchor investors at ₹204 per share. The allocation was led by Whiteoak Capital, 360 One Flexicap, AL Mehwar Investments, LC Pharos, Nuvama Funds, Citigroup, and Morgan Stanley, with 38.36% of the book taken up by domestic mutual funds.

Epack Prefab Technologies IPO Lead Managers & Registrar

The Book-Running Lead Managers (BRLMs) of the issue are Monarch Networth Capital Ltd. and Mehta Equities Ltd. The registrar of the issue is KFin Technologies Ltd.

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