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EP Biocomposites IPO is a fixed price issue of ₹6.35 crores. The issue is entirely a fresh issue of 0.05 crore shares of ₹6.35 crore.
EP Biocomposites IPO bidding started from Aug 29, 2022 and ended on Sep 5, 2022. The allotment for EP Biocomposites IPO was finalized on Sep 8, 2022. The shares got listed on BSE SME on Sep 13, 2022.
EP Biocomposites IPO price is ₹126.00 per share . The lot size for an application is 1,000. The minimum amount of investment required by an individual investor (retail) is ₹1,26,000 (1000 shares). The minimum lot size investment for HNI is 2 lots (2,000 shares), amounting to ₹2,52,000.
Aryaman Financial Services Ltd. is the book running lead manager and Bigshare Services Pvt.Ltd. is the registrar of the issue. The market maker of the company is Aryaman Capital Markets Ltd..
Refer to EP Biocomposites IPO RHP for detailed Information.
| IPO Date | August 29, 2022 to September 5, 2022 |
| Listing Date | September 13, 2022 |
| Face Value | ₹10 per share |
| Issue Price Band | |
| Issue Price Final | ₹126 per share |
| Lot Size | 1,000 Shares |
| Sale Type | Fresh Capital |
| Total Issue Size | 5,04,000 shares (aggregating up to ₹6.35 Cr) |
| Reserved for Market Maker | 28,000 shares Aryaman Capital Markets Ltd. (aggregating up to ₹0.3528 Cr) |
| Net Offered to Public | 4,76,000 shares (aggregating up to ₹6.00 Cr) |
| Issue Type | Fixed Price IPO |
| Listing At | BSE SME |
| Share Holding Pre Issue | 11,77,500 shares |
| Share Holding Post Issue | 16,81,500 shares |
EP Biocomposites IPO offers total 5,04,000 shares. Out of which 2,38,000 (47.22%) allocated to NII, 2,38,000 (47.22%) allocated to RII.
| Investor Category | Shares Offered |
|---|---|
| Market Maker Shares Offered | 28,000 (5.56%) |
| NII (HNI) Shares Offered | 2,38,000 (47.22%) |
| Retail Shares Offered | 2,38,000 (47.22%) |
| Total Shares Offered | 5,04,000 (100.00%) |
EP Biocomposites IPO opens on August 29, 2022, and closes on September 5, 2022.
| IPO Open Date | Mon, Aug 29, 2022 |
| IPO Close Date | Mon, Sep 5, 2022 |
| Tentative Allotment | Thu, Sep 8, 2022 |
| Initiation of Refunds | Fri, Sep 9, 2022 |
| Credit of Shares to Demat | Mon, Sep 12, 2022 |
| Tentative Listing Date | Tue, Sep 13, 2022 |
| Cut-off time for UPI mandate confirmation | 5 PM on Mon, Sep 5, 2022 |
Investors can bid for a minimum of 1,000 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Individual Investors (Retail) and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1,000 | ₹1,26,000 |
| Retail (Max) | 1 | 1,000 | ₹1,26,000 |
| HNI (Min) | 2 | 2,000 | ₹2,52,000 |
Note : The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
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.
| Period Ended | Total Assets | Total Revenue | Profit After Tax | Net Worth | Reserves and Surplus |
|---|---|---|---|---|---|
| 31-Mar-20 | 55.16 | 56.83 | 3.15 | 2.85 | -2.15 |
| 31-Mar-21 | 132.38 | 295.23 | 35.8 | 38.65 | 33.65 |
| 31-Mar-22 | 927.69 | 807.55 | 80.94 | 199.84 | 82.09 |
| Amount in ₹ Lakhs | |||||
The market capitalization of EP Biocomposites IPO is ₹21.19 Cr.
| Pre IPO | Post IPO | |
|---|---|---|
| P/E (x) | 26.2 |
The Objects of the Net Proceeds from Fresh Issue is to raise funds for :
a) Long-term lease deposit for Manufacturing Facility Part Repayment of Loan.
b) Funding Working Capital Requirement.
c) General Corporate Purpose.
[Dilip Davda] Though the company has posted steady growth in its top and bottom lines, its tiny post-IPO paid-up equity capital indicates longer gestation for migration to the mainboard. Based on FY22 earnings, its IPO is priced aggressively. This pricy issue may be skipped. Read detail review...
| Listing Date | September 13, 2022 |
| BSE Script Code | 543595 |
| NSE Symbol | |
| ISIN | INE0D2I01014 |
| Final Issue Price | ₹126 per share |
| BSE Listing Group | MT |
| Price Details | BSE SME |
|---|---|
| Final Issue Price | ₹126.00 |
| Open | ₹160.25 |
| Low | ₹160.25 |
| High | ₹168.25 |
| Last Trade | ₹168.25 |
EP Biocomposites Ltd.
C/o OM Ventures,
Shed No D-2/12, Bicholim Industrial Estate,
Bicholim,
North Goa, Goa, 403504
Phone: +91-832-2431081
Email: info@epkamatgroup.com
Website: http://www.epbiocomposites.com/
Bigshare Services Pvt.Ltd.
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/IPO_Status.html
EP Biocomposites IPO is a SME IPO of 5,04,000 equity shares of the face value of ₹10 aggregating up to ₹6.35 Crores. The issue is priced at ₹126 per share. The minimum order quantity is 1000.
The IPO opens on August 29, 2022, and closes on September 5, 2022.
Bigshare Services Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Zerodha customers can apply online in EP Biocomposites IPO using UPI as a payment gateway. Zerodha customers can apply in EP Biocomposites IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in EP Biocomposites IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The EP Biocomposites IPO opens on August 29, 2022 and closes on September 5, 2022.
EP Biocomposites IPO lot size is 1000, and the minimum amount required for application is ₹1,26,000.
You can apply in EP Biocomposites IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for EP Biocomposites IPO will be done on Thursday, September 8, 2022, and the allotted shares will be credited to your demat account by Monday, September 12, 2022. Check the EP Biocomposites IPO allotment status.
The EP Biocomposites IPO listing date is on Tuesday, September 13, 2022.
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