Overview
- The book-built offer will be open September 24–26, with allotment due September 29 and a planned October 1 listing on the BSE and NSE.
- The company allotted 88.24 lakh shares to 16 anchor investors at Rs 204 each, raising Rs 180 crore, with participants including Citigroup Global Markets Mauritius and Morgan Stanley Asia (Singapore).
- The Rs 504 crore issue comprises a Rs 300 crore fresh issue and a Rs 204 crore offer-for-sale within a Rs 194–204 price band, with 50% reserved for QIBs, 35% for retail and 15% for non-institutional investors.
- Fresh proceeds are earmarked for Rs 101.62 crore to a new plant at Ghiloth in Rajasthan, Rs 58.10 crore to expand the Mambattu facility in Andhra Pradesh, Rs 70 crore for debt repayment and the balance for general corporate purposes.
- EPack supplies pre-engineered buildings, light gauge steel framing and sandwich panels and reported FY25 revenue of Rs 1,133.92 crore and PAT of Rs 59.32 crore.