EP Biocomposites Limited IPO Details, Review, GMP, Subscription Status and Allotment

EP Biocomposites Limited IPO Allotment, Refund and Listing Date

EP Biocomposites Limited IPO Opening DateAugust 29, 2022
EP Biocomposites Limited IPO Closing DateSeptember 5, 2022
Basis of AllotmentSeptember 8, 2022
Initiation of RefundsSeptember 9, 2022
Credit of Shares to DematSeptember 12, 2022
EP Biocomposites Limited IPO Listing DateSeptember 13, 2022

EP Biocomposites Limited IPO Details

EP Biocomposites Limited IPO Price BandRs.126 Per Equity Share
IPO Lot SizeMinimum 1000 shares for 1 lot
Minimum AmountRs.126,000 for 1 lot
IPO SizeApprox Rs.6.35 Crores
Listing AtBSE, NSE
Offer for Sale476,000 Equity Shares
Retail Quota:50%
QIB Quota:
NII Quota:50%
DRHP Draft Prospectus:Click Here
RHP Draft Prospectus:Click Here

EP Biocomposites Limited IPO GMP (Grey Market Premium)

DateGMPKostakSubject to
31 August

EP Biocomposites Limited IPO Subscription Status Live

Investor CategorySubscription (times)
Qualified Institutions
Non-Institutional Buyers0.78
Retail Investors4.94
Employees
Others
Total2.86

EP Biocomposites Limited IPO Subscription Details (times)

DateNIIRetailTotal
Day 1
Aug 29, 2022
0.500.950.72
Day 2
Aug 30, 2022
0.552.111.33
Day 3
Sep 1, 2022
0.663.652.15
Day 4
Sep 2, 2022
0.784.942.86

EP Biocomposites Limited Financial Report

Period EndedTotal AssetsTotal RevenueProfit After TaxNet WorthReserves and Surplus
31-Mar-2055.1656.833.152.85-2.15
31-Mar-21132.38295.2335.838.6533.65
31-Mar-22927.69807.5580.94199.8482.09

EP Biocomposites IPO Valuation – FY2022

 Earning Per Share (EPS): Rs.9.48 per Equity Share
 Price/Earning P/E Ratio: 13.29
 Return on Net Worth (RoNW): 40.50%
 Net Asset Value (NAV):Rs.16.97 per Equity Share

EP Biocomposites Limited IPO Review

What our Expert say about EP Biocomposites Limited IPO ReviewAvoid

Objects of the Issue

  • Long-term lease deposit for Manufacturing Facility Part Repayment of Loan.
  • Funding Working Capital Requirement.
  • General Corporate Purpose.

EP Biocomposites Limited IPO Registrar

Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: http://www.bigshareonline.com

Company Promoters

  • Smiral Ashwinkumar Patel
  • Tejal Smiral Patel

About EP Biocomposites Limited

Ep Biocomposites Limited is an unlisted public company incorporated on January 17, 2020. EP Biocomposites IPO Incorporated in 2020, EP Biocomposites Limited is a producer and supplier of fiber reinforced polymer (FRP) products like shutters, frames, biodigester tanks, bio toilets, and related products for building and industrial applications that satisfy the requirements of its customers. EP Biocomposites has technological collaboration with the Defense Research Development Organization (DRDO), We supplied Biodigester toilets for over 2000 homes in Goa. 

EP Biocomposites enters the high-potential sector of Waste Water Recycling in 2021. The Company is going to raise Rs6.35 Crores via IPO from EP Biocomposites under public issue of 504,000 equity shares. EP Biocomposites Company has reserved shares for this IPO, 50% of which are reserved for the NII category, 50% of which are reserved for retail category. 

EP Biocomposites minimum market lots are 1 lot of 1,000 shares for Rs126,000 application amount. EP Biocomposites has fixed IPO price for EP Biocomposites at Rs126 as per 10 rupees face value. The EP Biocomposites IPO subscription is scheduled to start from August 29, 2022 and closes on September 5, 2022. The price band for EP Biocomposites IPO has been fixed at Rs126.

EP Biocomposites has supplied over 2,00,000 doors thus saving thousands of trees, has supplied over 2500 bio toilets to households helping to reduce outdoor defecation thus contributing towards cleaner, greener surroundings. They are associated with the Swachh Bharat Mission by the Government of Goa, helping in making Goa open defecation-free. EP Biocomposites Limited is an FRP-Fibre Reinformed Polymers Manufacturer & Supplier for products such as bio toilets, frames, door shutters, biodigester tanks, and related products. 

Company Address

EP Biocomposites Limited
C/o OM Ventures,
Shed No D-2/12, Bicholim Industrial Estate,
Bicholim, Goa – 403504
Phone: +91-832-2431081
Email: info@epkamatgroup.com
Websitehttp://www.epbiocomposites.com/

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