Explore full details of Epack Prefab Technologies Ltd. IPO 2025 – issue size, dates, price band, financials, objectives, GMP, subscription, allotment, listing, SWOT analysis & FAQs.The Indian IPO market is booming in 2025 with companies from diverse industries tapping the capital markets. One such major IPO is Epack Prefab Technologies Ltd. IPO, which aims to raise ₹504 crore through a combination of fresh issue and offer for sale.
With strong expertise in pre-engineered steel buildings (PEB), prefabricated structures, and EPS packaging, Epack Prefab Technologies has carved a niche in the construction and packaging industries.
In this detailed guide, we cover everything an investor needs to know about the Epack Prefab IPO 2025 – business profile, financials, industry outlook, GMP, subscription updates, allotment guide, listing expectations, and investment recommendation.
Company Background: Epack Prefab Technologies Ltd.
- Incorporated: February 1999
- Headquarters: Greater Noida, Uttar Pradesh
- Business Segments:
- Pre-Fab Business – Design, fabrication, installation of pre-engineered steel buildings, modular structures, insulated panels, light gauge steel framing.
- EPS Packaging Business – Expanded polystyrene blocks, sheets, and shaped packaging for insulation and consumer packaging needs.
- Manufacturing Capacity (as of March 31, 2025):
- 1,26,546 MTPA PEB capacity
- 5,10,000 SQM Sandwich Insulated Panels
- Manufacturing Plants:
- Greater Noida (U.P.)
- Ghiloth (Rajasthan)
- Mambattu (Andhra Pradesh)
- Design Centres: Noida, Hyderabad, Vishakhapatnam
- Employees: 849 permanent staff
Promoters:
- Sanjay Singhania
- Ajay D.D. Singhania
- Bajrang Bothra
- Laxmi Pat Bothra
- Nikhil Bothra
🌍 Industry Overview -Epack Prefab Technologies
The pre-engineered buildings (PEB) and prefab construction industry in India has witnessed significant growth due to:
- Rapid urbanization & industrialization – growing demand for warehouses, logistics hubs, factories.
- Cost efficiency & speed – prefab solutions reduce construction time and costs.
- Government push – initiatives like “Make in India”, “Smart Cities”, and infrastructure focus.
- Sustainability – eco-friendly construction methods and insulation demand.
📊 Market Outlook:
- India’s PEB industry is projected to grow at a CAGR of 12-15% by 2030.
- Packaging and insulation demand is also rising due to booming e-commerce & FMCG sectors.
Epack Prefab is well-positioned to benefit from these mega trends.
📅 Epack Prefab Technologies IPO Details
| Particulars | Details |
|---|---|
| IPO Opening Date | 24 September 2025 |
| IPO Closing Date | 26 September 2025 |
| Allotment Date | 29 September 2025 |
| Refunds Initiation | 30 September 2025 |
| Credit of Shares to Demat | 30 September 2025 |
| Listing Date | 1 October 2025 |
| Face Value | ₹2 per share |
| Price Band | ₹194 – ₹204 |
| Lot Size | 73 shares |
| Minimum Investment (Retail) | ₹14,892 |
| Fresh Issue | 1.47 crore shares (₹300 crore) |
| Offer for Sale (OFS) | 1 crore shares (₹204 crore) |
| Total Issue Size | ₹504 crore (2.47 crore shares) |
| Issue Type | Book Built Issue |
| Lead Managers | Monarch Networth Capital, Motilal Oswal Investment Advisors |
| Registrar | KFin Technologies Ltd. |
| Listing | BSE & NSE |
💰 Objectives of the IPO-Epack Prefab Technologies
| Purpose | Allocation (₹ Crore) |
|---|---|
| New manufacturing facility at Ghiloth, Rajasthan (Sandwich Panels & PEB) | 102.97 |
| Expansion of existing facility at Mambattu, Andhra Pradesh | 58.17 |
| Debt repayment / prepayment | 70.00 |
| General corporate purposes | Balance |
📊 Financial Performance (Restated Consolidated)
| Year | Revenue (₹ Cr) | EBITDA (₹ Cr) | PAT (₹ Cr) | Net Worth (₹ Cr) | Total Borrowings (₹ Cr) |
|---|---|---|---|---|---|
| FY23 | 660.49 | 51.53 | 23.97 | 126.10 | 105.93 |
| FY24 | 906.38 | 87.00 | 42.96 | 168.96 | 145.31 |
| FY25 | 1,140.49 | 117.79 | 59.32 | 353.93 | 210.23 |
👉 Key Ratios (FY25):
- ROE: 22.69%
- ROCE: 22.88%
- PAT Margin: 5.20%
- EBITDA Margin: 10.39%
- Debt/Equity: 0.15
- P/E: 34.54x (post-issue)
✅ Strengths of Epack Prefab Technologies
- Diverse product portfolio in prefab and EPS packaging.
- Strategically located plants for cost efficiency.
- Strong client base across industries.
- Experienced promoters & management.
- Consistent revenue growth with expanding margins.
- Robust order book (~₹655 crore).
⚠️ Risks & Challenges-Epack Prefab Technologies
- High competition in construction & prefab space.
- Dependence on raw material prices (steel, insulation).
- Debt obligations (~₹210 crore).
- PE ratio on higher side vs peers.
- Economic slowdown risk – industrial demand fluctuation.
🔎 SWOT Analysis
| Strengths | Weaknesses |
|---|---|
| Growing market presence, diversified product mix, financial strength | Relatively high valuation, thin margins |
| Opportunities | Threats |
|---|---|
| Infrastructure boom, Smart Cities, e-commerce demand, green buildings | Steel price volatility, competition from established players |
🏦 Peer Comparison
| Company | Revenue (₹ Cr) | PAT (₹ Cr) | P/E Ratio | Sector |
|---|---|---|---|---|
| Epack Prefab Tech Ltd. | 1,140 | 59 | 34.5x | Prefab & PEB |
| Pennar Industries | 3,200 | 135 | 20x | Engineering & PEB |
| Everest Industries | 2,000 | 100 | 18x | Building Materials |
| Kirby Building Systems (Unlisted) | Large | NA | NA | PEB |
📈 Valuations
- Market Cap: ~₹2,049 crore
- P/E: ~34.5x (post-issue)
- Sector P/E: ~18-22x
⚖️ Inference: IPO is slightly overvalued compared to peers, but justified due to growth & sector demand.
💹 Grey Market Premium (GMP)
- Latest GMP: Around ₹25 – ₹30 per share (as of now).
- Indicates possible listing gains of 10-15%.
📊 Subscription Status (Live Updates)
| Category | Day 1 | Day 2 | Day 3 |
|---|---|---|---|
| QIB | – | – | – |
| NII (HNI) | – | – | – |
| Retail | – | – | – |
| Overall | – | – | – |
(Subscription data will be updated daily during IPO window.)
📝 Allotment & Listing Guide
How to Check Allotment:
- Go to KFinTech IPO Allotment Page.
- Enter PAN / Application No. / Demat ID.
- Click “Search” to check allotment.
Listing:
- Tentative listing on 1 October 2025 at BSE & NSE.
- Based on GMP, a 10-20% premium expected on listing day.
📌 Final Verdict – Should You Apply?
✅ Strong fundamentals & diversified business.
✅ Growing industry tailwinds (infrastructure boom, prefab demand).
✅ Healthy financial growth.
⚠️ Slightly higher valuations vs peers.
⚠️ Thin PAT margins & moderate debt.
👉 Recommendation: Apply with medium-to-long term perspective. Listing gains possible, but bigger story is long-term growth in prefab & insulation demand.
❓ FAQs
Q1. What are the Epack Prefab IPO dates?
👉 Opens on 24 Sept 2025, closes on 26 Sept 2025.
Q2. What is the IPO issue size?
👉 ₹504 crore (Fresh issue ₹300 cr + OFS ₹204 cr).
Q3. What is the Epack Prefab IPO price band?
👉 ₹194 – ₹204 per share.
Q4. What is the lot size & minimum investment?
👉 73 shares (₹14,892 at upper band).
Q5. Who are the lead managers?
👉 Monarch Networth Capital & Motilal Oswal Investment Advisors.
Q6. When is allotment & listing?
👉 Allotment on 29 Sept 2025, listing on 1 Oct 2025.
Q7. What is today’s GMP of Epack Prefab IPO?
👉 Around ₹25–₹30 per share.