| Price | Lot Size | Issue Date | Issue Size |
|---|---|---|---|
| ₹ 194 to ₹ 204 | 73 | 24th Sep, 2025 –26th Sep, 2025 | ₹1250.00 Cr |
Epack Prefab Technologies Ltd
Incorporated in 1999, Epack Pre-fab Technologies Ltd. has built a legacy of over 25 years and currently operates across two key business verticals. The first is the pre-fab business and the second is the EPS packaging business. The company’s pre-fab business offers a comprehensive portfolio of solutions including pre-engineered steel buildings, modular structures, light gauge steel frames (LGSF), sandwich insulated panels, and other standardized modular products. The company has the third largest production capacity in the pre-engineered steel building (PEB) industry. It also executes turnkey projects, covering the full value chain from estimation, design, and engineering to manufacturing, transportation, installation, and on site erection. As of March 31, 2025, the company operates three strategically located manufacturing facilities at Greater Noida (Uttar Pradesh), Ghiloth (Rajasthan), and Mambattu (Andhra Pradesh), with a combined installed capacity of 1,26,546 MTPA for pre-engineered buildings and 5,10,000 SQM for sandwich insulated panels. The company’s EPS Packaging Business focuses on manufacturing and supplying a diversified range of EPS block molded and shape molded products, including EPS sheets, packaging boxes for electronic goods, and customized hand-molded solutions. The company markets its pre-fab solutions under the ‘EPACK PREFAB’ brand and its EPS packaging products under ‘EPACK PACKAGING’, thereby establishing distinct brand positioning across both business verticals. The company has demonstrated strong execution capabilities, highlighted by its recognition in the “Golden Book of World Records” for the fastest erection of a pre-engineered factory building at Mambattu, Andhra Pradesh. Such accolades reinforce its project delivery efficiency and operational expertise.
Objective of the Epack Prefab Technologies Ltd IPO
The company proposes to utilize net proceeds towards funding the following objects:
- Financing capital expenditure requirements for setting up a new manufacturing facility at Ghiloth Industrial Area, Shahjahanpur, Alwar in Rajasthan for manufacturing of continuous Sandwich Insulated Panels and pre-engineered steel building (“Project”);
- 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;
- Repayment and/or pre-payment, in full or part, of certain borrowings availed by the company; and
- General corporate purposes..
Rationale To Epack Prefab Technologies Ltd IPO
Strong and diverse market presence with comprehensive offerings in the growing pre-engineered steel buildings industry
The company is the third largest player in India’s pre-engineered steel building (PEB) industry by installed capacity. The company’s pre-fab business revenues grew at a robust CAGR of 55.5% between FY2022 and FY2024, significantly outpacing the broader industry. The company has established a pan India presence, having executed pre-fab projects across 30 states and Union Territories. This wide geographic footprint, coupled with exposure to multiple end-use industries, reduces reliance on any single region or sector. Such diversification not only enhances revenue stability but also provides resilience against cyclical demand fluctuations and region-specific slowdowns, positioning the company to capture opportunities across varied markets. The company showcased its superior execution capabilities by completing a 1,50,000 sq. ft. pre-engineered factory building at Mambattu (Andhra Pradesh) within a record 150 hours, earning recognition from the Golden Book of World Records. This achievement highlights the company’s ability to leverage its pre-engineered steel building technology to deliver large scale projects under stringent timelines, reinforcing its competitive edge in speed, efficiency, and reliability.
Strategically located manufacturing facilities coupled with comprehensive in-house design and engineering capabilities aid cost optimization
As of March 31, 2025, the company operates three manufacturing facilities for its pre-fab business located at Greater Noida (Uttar Pradesh), Ghiloth (Rajasthan), and Mambattu (Andhra Pradesh), along with one facility for the EPS packaging business at Greater Noida. The facilities are strategically positioned to ensure pan India coverage which are Northern, Eastern, and Central India through Unit 2 (pre-fab) and Unit 1 (EPS packaging), northern and western regions through Unit 3 (pre-fab), and Southern and Western markets through Unit 4 (pre-fab). The geographic spread, with proximity to customer clusters, enables the company to reduce logistics costs, ensure faster delivery, and maintain strong customer relationships. This location advantage enhances operational efficiency, flexibility, and inventory management, while supporting long term client retention and repeat business. As of March 31, 2025, the company had an aggregate installed capacity of 1,33,922 MTPA in its pre-fab business, positioning it as the third largest player in India’s PEB industry. The EPS packaging business, with an annual installed capacity of 8,400 MTPA, contributed 16% of total revenue in FY25. The company operates three in house design and detailing centres located at Greater Noida, Vishakhapatnam, and Hyderabad, staffed with 97 engineers and design professionals. These centres strengthen its ability to deliver end to end solutions, from conceptualization to execution, while enabling continuous process and design improvements that drive cost efficiencies.
Valuation of Epack Prefab Technologies Ltd IPO
Epack Pre-fab Technologies Ltd., incorporated in 1999, has built a legacy of over 25 years and currently operates through two distinct business verticals. The pre-fab business offers end to end turnkey solutions encompassing design, manufacturing, installation, and erection of pre-engineered steel buildings and pre-fabricated structures, catering to both domestic and overseas markets. Complementing this, the EPS packaging business focuses on the manufacturing of expanded polystyrene (EPS) sheets, blocks, and shape molded products, serving a diversified customer base across industries such as construction, packaging, and consumer goods in India. This dual vertical structure enables the company to leverage synergies between industrial solutions and packaging applications, thereby enhancing revenue visibility and business resilience. The company is fastest growing company in terms of revenue from operations, registering a CAGR of 41.8% during FY2022-24 period. The company plans to setup manufacturing facility at Ghiloth (Rajasthan), which would add the capacity of 8,00,000 SQM for manufacturing continuous sandwich insulated panel, which would help them to capture the market share by providing long span pre-fab building and newer end use industries like cold storages and clean rooms. As of FY25, the Indian pre-fabricated market was estimated around Rs. 47,500 crores and is projected to register a CAGR of 9-11% during FY2025-30 period to reach around Rs. 75,000 crores by FY30. On the financial front, the company registered a healthy 56.5% CAGR in EBITDA between FY22 and FY24. The company delivered robust ROE of 29.1% and ROCE of 27.2% in FY24. While these metrics moderated in FY25 to 22.7% and 22.9%, respectively, the company continued to maintain a leading position within the industry. At the upper price band, the company is valued at a P/E of 28x based on FY25 earnings, broadly in line with industry averages. We believe that the company’s superior return ratios, strong operating margins, and ongoing expansion initiatives position it ahead of peers, enabling it to capitalize on structural industry tailwinds and drive sustainable growth. Thus, we recommend a “SUBSCRIBE” rating to the issue from a medium to long-term investment perspective.
What is the Epack Prefab Technologies Ltd IPO?
The initial public offer (IPO) of Epack Prefab Technologies Ltd offers an early investment opportunity in Epack Prefab Technologies Ltd . A stock market investor can buy Epack Prefab Technologies Ltd IPO shares by applying in IPO before All Epack Prefab Technologies Ltd shares get listed at the stock exchanges. An investor could invest in Epack Prefab Technologies Ltd IPO for short term listing gain or a long term.
How to apply for the Epack Prefab Technologies Ltd IPO through StoxBox?
To apply for the Epack Prefab Technologies Ltd IPO through StoxBox one can apply from the website and also from the app. Click here
When will the Epack Prefab Technologies Ltd IPO open?
Epack Prefab Technologies Ltd IPO is opening on 24th Sep 2025. Apply Now
What is the lot size of the Epack Prefab Technologies Ltd IPO?
The Lot Size of Epack Prefab Technologies Ltd IPO is 73 equity shares. Login to your account now.
When is the Epack Prefab Technologies Ltd allotment date?
The allotment Date for Epack Prefab Technologies Ltd IPO is 29th Sep 2025. Login to your account now.
When is the Epack Prefab Technologies Ltd IPO listing date?
The listing Date for Epack Prefab Technologies Ltd IPO is 1st Oct 2025. Login to your account now
What is the minimum investment required for the Epack Prefab Technologies Ltd IPO?
In the Retail segment the minimum investment required is Rs. 14,892. Login to your account now
What is the maximum investment allowed for the Epack Prefab Technologies Ltd IPO?
In the Retail segment the maximum investment requirement is Rs. 1,93,596. Login to your account now
What are the risks associated with investing in the Epack Prefab Technologies Ltd IPO?
UP Pollution Control Board has filed a complaint against the company under Section 14(2) of the commission for Air Quality Management in National Capital Region and Adjoining Areas Act, 2021 (“Air Act”) for non-compliance of directions under the Air Act. In case, the said complaint is decided against the company, it may impact the company’s EPS packaging business.
The company is majorly dependent on top ten customers for its EPS packaging business. Loss of any major customer may impact revenue from the EPS packaging business segment. The company’s registered office and all manufacturing facilities are located on leased land. The company is yet to execute a formal sale deed with respect to the land situated at Mambattu (Andhra Pradesh) where they intend to expand their existing manufacturing facility. If the company is not able to comply with conditions of use of such land, they may have to relocate their operations which may have an adverse impact on its business, results of operations, financial condition and cash flows.
When will the Epack Prefab Technologies Ltd IPO shares be credited to my Demat account?
The Epack Prefab Technologies Ltd IPO be credited to the account on allotment date which is 29th Sep 2025. Login to your account now
Where can I find the Epack Prefab Technologies Ltd IPO prospectus?
The prospectus of Epack Prefab Technologies Ltd IPO prospectus can be find on the website of SEBI, NSE and BSE
