IPO Issue Details
Issue Price / Price Band₹126 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size1,000 Shares per Lot
Total Issue Size5,04,000 shares (aggregating up to ₹6.35 Cr)
Issue TypeFixed Price IPO
Sale Type / CategoryFresh Capital
Exchange / PlatformBSE SME
IPO TypeSME
Subscription OpenMon, 29 Aug 2022
Subscription CloseMon, 05 Sep 2022
Anchor AllotmentSun, 28 Aug 2022
Basis of AllotmentThu, 08 Sep 2022
Initiation of RefundsFri, 09 Sep 2022
Credit of Shares to DematMon, 12 Sep 2022
Listing DateTue, 13 Sep 2022
UPI Mandate Deadline2022-09-05
Application & Investment Details
Retail — Min (1 Lots)₹1,26,000 — 1000 shares
Retail — Max (13 Lots)₹1,638,000 (13 Lots)
HNI — Min (2 Lots)₹2,52,000 — 2,000 shares
P/E Ratio (Pre-IPO)26.2x
Net Offer to Public4,76,000 shares (aggregating up to ₹6.00 Cr)
Reserved for Market Maker28,000 shares (aggregating up to ₹0.3528 Cr)
Pre-IPO Promoter Holding11,77,500 shares
Post-IPO Promoter Holding16,81,500 shares
About EP Biocomposites Ltd.
Incorporated in 2020, EP Biocomposites Limited is the manufacturer and supplier of fibre reinforced polymers (FRP) products such as door shutters, frames, Biodigestor Tanks, Bio toilets and allied products for construction and Industrial applications which meets customer requirements. The Company got into the high potential sector of wastewater recycling in 2021.The company focus on giving sanitation solutions to those who do not have access to toilets, as well as to those who have toilets but face trouble treating and managing the waste through septic tanks. The company also provide sanitation infrastructure and human waste management solutions and services, involving innovative and simple bio-digester technology licensed from the Defence Research and Development Organisation (DRDO) and Industry Interface and Technology Management, operating under the aegis of DRDO, Ministry of Defence, Government of India.EP Biocomposites Limited has supplied more than 2,00,000 doors, thereby saving thousands of trees and has supplied more than 2,500 Bio toilets to households, helping in the reduction of open defecation thereby contributing to clean and green surroundings.The revenue from operations was Rs 805.96, Rs 294.80 lakhs and Rs 56.81 lakhs for Fiscal 2022, 2021 and 2020 respectively.
Objects of the Issue
EP Biocomposites Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
1
1 Long term lease deposit for manufacturing facilities
2.00
2
2 Part Repayment of loan
0.80
3
3 Funding Working Capital Requirement
1.51
4
4 General Corporate Purpose
1.49
Shareholding & Lock-in
Pre-IPO Promoter Holding
11,77,500 shares
Post-IPO Promoter Holding
16,81,500 shares