EPack Prefab Technologies submitted its DRHP with market regulators SEBI regarding launching an IPO (Initial Public Offering).
On Tuesday according to the filed Draft papers, we got to know that this IPO comprises a combination of both a Fresh issue of ₹300 crores and an Offer-for-sale component of up to 1 crore shares by promoters.
EPack Prefab Technologies may raise ₹60 crores through pre-IPO Placement. If the planning to raise pre-IPO placement is successfully completed. The amount of ₹60 crores will be deducted from the fresh issue size.
The reason behind raising funds through IPO is to help the company to grow larger. Out of the raised funds, an amount of ₹101.62 crore will be utilized for the establishment of a new manufacturing facility at Ghiloth Industrial Area at Alwar in Rajasthan, and another Rs 58.10 crore will be used to upgrade the present manufacturing facility at Mambattu in Andhra Pradesh. Whereas the remaining funds of ₹70 crores will be utilized for the payment of the old debt borrowings and the company’s general corporate purposes.
EPack Prefab Technologies was founded in 1999, and engaged in the business of providing complete solutions for their customers such as designing, manufacturing, installing, and erection of pre-engineered steel buildings, pre-fabricated structures, and its components in India as well as overseas.
The 3 design centers are located in Noida (Uttar Pradesh), Hyderabad (Telangana), and Vishakhapatnam (Andhra Pradesh). Simultaneously, As of December 2024, Greater Noida (Uttar Pradesh), Ghiloth (Rajasthan), and Mambattu (Andhra Pradesh) are where the company runs its 3 manufacturing facilities.
The book-running lead managers of the issue are Monarch Networth Capital and Motilal Oswal Investment Advisors whereas, KFin Technologies is the registrar of the issue.
In FY2024, EPack Prefab Technologies generated revenue of ₹737 crores from the pre-Fab Business, while generating a revenue of ₹167 crores from the EPS Packaging business.
EPack Prefab Technologies IPO Prospectus:
DRHP Draft Prospectus: | Click Here |
RHP Draft Prospectus: | To be Updated Soon |
EPack Prefab Technologies Company Financial Report
Amount ₹ in Crores
Period Ended | Revenue | Expense | Profit After Tax |
2022 | ₹453.21 | ₹427.12 | ₹19.52 |
2023 | ₹660.49 | ₹627.77 | ₹23.97 |
2024 | ₹906.38 | ₹847.84 | ₹42.96 |
September 2024 | ₹539.94 | ₹500.86 | ₹27.68 |
EPack Prefab Technologies IPO Valuation – FY2024
EPack Prefab Technologies IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
Earning Per Share (EPS): | ₹5.54 (Basic) |
Price/Earning P/E Ratio: | N/A |
Return on Net Worth (RoNW): | 29.12% |
Net Asset Value (NAV): | ₹21.80 |
Peer Group Comparison
Company | EPS | PE Ratio | RoNW % | NAV | Income |
Pennar Industries Limited | 7.29 | 24.49 | 11.89 | 64.95 | 3,130.57 Cr. |
Everest Industries Limited | 11.42 | 60.23 | 3.06 | 378.37 | 1,575.45 Cr. |
Interarch Buildings Limited | 58.68 | 28.04 | 20.45 | 308.43 | 1,293.30 Cr. |
Beardsell Limited | 2.10 | 18.71 | 12.68 | 17.99 | 244.95 Cr. |
Objects of the Issue
- 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 (“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 byourCompany; and
- General corporate purposes
IPO Lead Managers aka Merchant Bankers
- Monarch Networth Capital Limited
- Motilal Oswal Investment Advisors Limited