
EP Bio Composites Limited
IPO Details
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Lot Distribution
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Company Fin.
₹33(26.19%)
Premium (ELP)
Following its successful public offering, EP Bio Composites Limited's made its market debut on Sep 13, 2022 and is now actively traded on the BSEplatform. The IPO mobilized 5,04,000 Shares in total capital, including 5,04,000 Shares in primary equity infusion.
The offering was structured with a price band of ₹126 to ₹126 and minimum investment lots of 1000 shares. Investor participation during the subscription window from Aug 29, 2022 to Sep 05, 2022 demonstrated market confidence in the company's prospects.
The allotment process concluded on Sep 08, 2022, allocating shares to successful bidders. The listing represents the culmination of the IPO process, transitioning the company to publicly traded status with enhanced transparency and governance standards.
Investors can bid starting from the minimum lot size specified for this IPO, and only in multiples of that lot size. The table below shows the minimum and maximum investment for retail investors and HNIs in terms of lots, quantity, and amount.
Incorporated in 2020, EP Biocomposites Limited manufactures and supplies fibre reinforced polymer (FRP) products, including door shutters, frames, biodigester tanks, bio-toilets, and allied products for construction and industrial applications, while also providing sanitation infrastructure and human waste management solutions. Entering the wastewater recycling sector in 2021, the company leverages innovative bio-digester technology licensed from DRDO to offer eco-friendly sanitation solutions, particularly for underserved areas. EP Biocomposites has supplied over 200,000 doors, conserving thousands of trees, and more than 2,500 bio-toilets, helping reduce open defecation. The company’s revenue from operations was Rs 805.96 lakh, Rs 294.80 lakh, and Rs 56.81 lakh for FY2022, FY2021, and FY2020, respectively.
Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."
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- Leena Kamat
- Rajkumar Kamat
EP Bio Composites Limited
Bigshare Services Private Limited
