Business Standard

EP Biocomposites Ltd - IPO

Issue Type

Fixed Price - SME

Issue Size (₹ Cr.)

6.35 cr

Price Range (₹)

126

Lot Size

1000

Min Investment (₹)

1,26,000.00

Listing Exchange

BSE - SME

Open Date

29-Aug-2022

Close Date

05-Sept-2022

Listing Date

13-Sept-2022

EP Biocomposites Ltd News

    The Shares of EP Biocomposites Ltd have now been listed.

    EP Biocomposites Ltd IPO Details

    Initial public offer of 5,04,000 equity shares of Rs. 10 each (Equity Shares) of EP Biocomposites Limited (EBL or the Company) for cash at a price of Rs. 126 per share (the Issue Price), aggregating to Rs. 6.35 crores (The Issue), of which 28,000 equity shares of Rs. 10 each will be reserved for subscription by market maker to the issue (the Market Maker Reservation Portion). The issue less market maker reservation portion i.e. issue of 4,76,000 equity shares of Rs. 10 each is hereinafter referred to as the Net Issue. The issue and the net issue will constitute 30.02% and 28.35%, respectively of the post issue paid up equity share capital of the company. The face value of the equity share is Rs. 10 and the issue price is 12.60 times of the face value.

    Objective of issue

    Long term lease deposit for leasing Manufacturing Facility. Part Repayment of loan. Funding Working Capital Requirement. General Corporate Purposes.

    EP Biocomposites Ltd Contact Details

    EP Biocomposites Ltd, Office No 56-2, Pinnacle Busine.Park, Mahakali Caves Road, Mumbai - 400093

    Phone - 91-22-62638200

    Fax - 91-22-63638299

    Email - info@epkamatgroup.com

    Website - www.epbiocomposites.com