214  Total SME IPOs listed in 2025

9,804.70 Crs.  Total funds raised in 2025

145  SME IPOs listed with Gain in 2025

69  SME IPOs listed with loss in 2025

214  Total SME IPOs listed in 2025

9,804.70 Crs.  Total funds raised in 2025

145  SME IPOs listed with Gain in 2025

69  SME IPOs listed with loss in 2025

214  Total SME IPOs listed in 2025

9,804.70 Crs.  Total funds raised in 2025

145  SME IPOs listed with Gain in 2025

69  SME IPOs listed with loss in 2025

214  Total SME IPOs listed in 2025

9804.70 Crs.  Total funds raised in 2,025.00

145  SME IPOs listed with Gain in 2025

69  SME IPOs listed with loss in 2025

Epack Prefab Technologies IPO Review

Image
Epack Prefab IPO Date
  • IPO Open Date:
    24 Sep 2025
  • IPO Close Date:
    26 Sep 2025
  • IPO Allotment Date:
    29 Sep 2025
  • Tentative Refund Date:
    30 Sep 2025
  • IPO Listing:
    1 Oct 2025
Check Epack Prefab IPO GMP

Epack Prefab IPO Overview

Sector Update

Epack Prefab Technologies caters to Infrastructure sector; offering pre fabrication and manufacturing of expanded polystyrene sheets and blocks. As of FY25, the Indian prefabricated market was estimated around Rs 465-485 billion. The industry is projected to register a CAGR of 9-11% between FY25-30 and value around Rs 730-800 billion by FY30.

Growth drivers

Key growth drivers of the industry include increased investments in the overall construction, favourable government policies, growing urbanisation and increasing population. The company was the fastest growing in terms of revenue from operations, registering a compounded annual growth rate (CAGR) of 41.79% between FY22-24 and revenue from Pre-Fab Business registered a CAGR of 55.48% between FY22-24.

Financial Update:
(comparison of FY24 FY25 )
Revenue ₹904.90 cr ₹1,133.91 cr
PAT ₹42.96 cr ₹58.98 cr (+37.29%)
PAT Margin 4.75 % 5.20 % (+9.47%)
EBITDA ₹86.99 cr ₹122.43 cr (+40.74%)
EBITDA Margin 9.61 % 10.80 % (+12.38%)
ROE 25.43 % 16.66 % (-34.49%)
ROCE 27.21 % 22.88 % (-15.91%)
D/E 0.86 0.59 (-31.40%)
Business Diversification

Business vertical includes (i) Pre-Fab Business, which is into pre-engineered steel buildings, pre-fabricated modular building structures, light gauge steel frames (“LGSF”), Sandwich Insulated Panels and other standard modular solutions. (ii) EPS Packaging Business, we provide a variety of EPS Shape Molded and EPS Block Molded products, including EPS Sheets, packaging boxes for electronic goods, and hand-molded packaging box.

IPO Valuation

PE Ratio: 34.54x Average Sector PE Ratio: 14.00x

Epack Prefab IPO Reservation

Epack Prefab IPO Share Allocation
QIB Shares Offered: 12352941
- Anchor Investor Shares Offered: 7411764
− QIB (Ex. Anchor) Shares Offered : 4941177
NII (HNI) Shares Offered: 3705882
- bNII > ₹10L: 2470588
- sNII < ₹10L: 1235294
Retail Shares Offered: 8647059
Total Shares Offered: 24705882
Epack Prefab IPO Lot Size
Application Lot Shares Amount
Retail (Min) 1 73 ₹14892
Retail (Max) 73 949 ₹193596
S-HNI (Min) 14 1022 ₹208488
S-HNI (Max) 67 4891 ₹997764
B-HNI (Min) 68 4964 ₹1012656

Interesting facts about IPO

IPO Size: ₹ 504.00 Cr.

Avg IPO Size (Sector Based):

₹ 589.63 cr.

Sector: Textiles

SME IPO so far in this sector:

26

Merchant Banker: Monarch Networth

SME IPO by BRLM so far:

5

City: Noida

SME IPO so far in this city:

1

PE Ratio: 34.54

Average Sector PE Ratio:

14.00 X

Price Band (Upper): ₹ 204.00

Listing Price:

₹ 183.85

Business Profile

Epack Prefab Technologies Limited was 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 they 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”).  Among their evaluated peers, in the last three Fiscals, they have witnessed strong financial performance and growth metrics.


They are the fastest growing in terms of revenue from operations, registering a compounded annual growth rate (CAGR) of 41.79% between Fiscals 2022 to Fiscal 2024 and their revenue from their Pre-Fab Business registered a CAGR of 55.48% between Fiscals 2022 to Fiscal 2024.

The pre-engineered steel buildings industry grew at a CAGR of ~8.0% over FY19-24, growing from Rs 130 billion in FY19 to Rs 195 billion in FY24. In FY25, the industry is estimated to grow by ~8% to Rs 210 billion. They registered the second highest CAGR in earnings before interest, taxes, depreciation and amortisation(OPBDIT) between Fiscals 2022 to Fiscal 2024 at 56.45%

Strengths and Challenges as per DRHP

Strengths Image
  • Strong and diverse market presence.
  • Comprehensive in-house design and engineering capabilities.
Strengths Image
WEAKNESSES Image
  • Geographical concentration
Strengths Image
S
W

Comparison of Epack Prefab IPO with some Listed peers/Listing Gains in the Similar sector

Select Listed IPO for Comparison:
Basis
Epack Prefab IPO
vs
vs
vs

IPO Date
1st Oct 2025


IPO Size
₹ 504.00 Cr.

Total Assets
₹ 931.02 Cr.

Revenue
₹ 2,267.82 Cr.

PAT
₹ 117.96 Cr.

PAT Margin
5.20 %

Leverage Ratio
0.59 x

PE Multiple
34.54 x

EV/EBITDA
8.90 x

Notes:
1) All the above data is at the time of IPO
2) Revenue and Pat is taken on annualised basis

Epack Prefab IPO Objectives (Objects of Offer) and expected Utilisation

Financing the capital expenditure requirements for setting up new manufacturing facility at Ghiloth Industrial Area, Shahjahanpur, Alwar in Rajasthan for manufacturing of continuous sandwich Insulated Panels and pre-engineered steel building
102

Financing the capital expenditure towards expansion of existing manufacturing facility at Mambattu (Unit 4) in Andhra Pradesh for increasing the pre- engineered steel building capacity
58

Repayment and/or pre-payment, in full or part, of certain borrowings availed by the Company
70

General corporate purposes
[●]

Track Record of (Merchant Banker)/merchant Banker Report

Monarch Networth Capital Limited, based in Ahmedabad is the Lead Manager (BRLM) of Epack Prefab IPO. Monarch Networth Capital Limited has handled (17) SME IPOs till date of which (76%) of the SME IPOs have been listed with listing gains. Read full review of Monarch Networth Capital Limited .

Motilal Oswal Investment Advisors Limited, based in Mumbai is the Lead Manager (BRLM) of Epack Prefab IPO. Motilal Oswal Investment Advisors Limited has handled (17) SME IPOs till date of which (76%) of the SME IPOs have been listed with listing gains. Read full review of Motilal Oswal Investment Advisors Limited .

Read more details of this IPO

Peer Companies Of This Sector

FAQs

Epack Prefab Technologies IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Epack Prefab Technologies Financial Review Page

Epack Prefab Technologies IPO subscription was 3.14 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.

Epack Prefab Technologies IPO listed at a listing price of 183.85 against the offer price of 204.00.

The current market price of Epack Prefab Technologies is 191.70.

Services

IPO Advisory
IPO Advisory
In-depth, experienced and seamless execution throughout the IPO Process.
IPO Readiness
IPO Readiness
IPO Roadmap by improving Business Efficiencies, Financial Parameters and Corporate Structure to become IPO ready.
Fund Raising
Fund Raising
Fuelling a company's growth through Pre IPO Fund Raise, Private Equity, and Angel Investing.
SME : Business Scaling
SME Business Upscaling
Provide support to build a scalable SME business by unleashing the SME potential.
Post IPO Montoring
Post IPO Mentoring
Assisting with post IPO regulatory requirements and Performance Monitoring to achieve the milestone of Mainboard migration.

Thinking of
Listing Your Business through SME IPO?

We can help! Contact Us

Why Us?

  • Leading portal for IPOs
  • End to End Solutions
  • Known for Transparency