Overview

• Epack Prefab Technologies' offering reached 1.01 times subscription by 12:33 p.m. on Sept. 26, with QIBs at 0.46x, NIIs at 1.38x and retail at 1.16x.
• The Rs 504 crore issue comprises a Rs 300 crore fresh issue and a Rs 204 crore offer for sale in a price band of Rs 194–204.
• Subscription closes today after a muted start earlier in the week that had the issue at 0.59x as of Thursday.
• Grey market quotes were indicated at Rs 11 around late morning on Sept. 26 after earlier prints near Rs 15, implying roughly 5–7% potential listing gains; GMP is an informal indicator.
• Share allotment is expected on Sept. 29, demat credit and refunds on Sept. 30, and listing on Oct. 1 on the BSE and NSE.