EP Biocomposites Limited IPO is going to open for subscription from 29 August 2022. the company aims for an issue size of ₹6.35 Cr through this fixed price issue.
EP Biocomposites Limited
The company is into manufacturing and supply of fiber reinforced polymers (FRP) products such as door shutters, frames, Biodigestor Tanks, Bio toilets, and allied products for construction and Industrial applications. The company got into wastewater recycling in 2021 by taking over the running business of its promoter, M/s Om Ventures.
EP Biocomposites provides sanitation infrastructure and human waste management solutions and services, involving innovative and simple bio-digester technology licensed from Defence Research and Development Organisation (DRDO) and Industry Interface and Technology Management, operating under the aegis of DRDO, Ministry of Defence, Government of India. The anaerobic bio-digester technology helps users manage waste onsite, without depending on expensive and energy-consuming sewage infrastructure.
The Sewage Treatment Plant helps contaminant concentrations to be lowered to a safe level before wastewater can be reused or returned to the environment. The effluent water treatment – is a technique used for processing industrial wastewater for reuse or safe discharge to the environment. The company also specializes in FRP allied products. FRP is an eco-friendly substitute for wood that has long been the chosen building material – a limited resource that has resulted in major environmental problems, such as fast forest decline.
Objects of the Issue
- Long-term lease deposit for Manufacturing Facility Part Repayment of Loan.
- Funding Working Capital Requirement.
- General Corporate Purpose.
Basic details about the company
| Full name | EP Biocomposites Limited |
| Sector | Miscellaneous |
| Industry | Miscellaneous |
| Company Website | www.epbiocomposites.com |
Dates to remember
| IPO Opening date | 29 August 2022 |
| IPO Closing | 05 September 2022 |
| Basis of Allotment | 08 September 2022 |
| Initiation Refunds | 09 September 2022 |
| Credit to Demat Account | 12 September 2022 |
| Listing Date | 13 September 2022 |
EP Biocomposites IPO details
| Issue type | Fixed Price Issue IPO |
| IPO issue size | ₹6.35 Cr |
| Fresh Issue | ₹6.35 Cr |
| Offer for sale | NIL |
| Number of shares Offered | 504,000 shares |
| Face value | ₹10 Per equity share |
| Price band | ₹126 per equity share |
| Retail Allocation | 50% |
| Lot size | 1000 Shares |
| Minimum application | 1000 Shares |
| Maximum application | 1 Lot- 1000 shares |
| Minimum application amount | ₹126,000 |
| Maximum application amount | ₹126,000 |
| Listing Exchange | BSE SME |
EP Biocomposites Financial Performance
| FY2020 | FY2021 | FY2022 | |
| Revenue | 56.81 | 294.80 | 805.96 |
| Expenses | 52.52 | 248.81 | 690.95 |
| Net income | 3.15 | 35.80 | 80.94 |
EP Biocomposites Valuations & Margins
| FY 2020 | FY 2021 | FY 2022 | |
| EPS | 0.61 | 6.97 | 9.48 |
| PE ratio | – | – | 13.29 |
| RONW (%) | 110.53 | 92.63 | 40.50 |
| NAV | – | – | 16.97 |
Company Promoters
- Leena Kamat
- Rajkumar Kamat
Lead Manager(s)
- Aryaman Financial Services Limited
EP Biocomposites IPO Registrar
BIGSHARE SERVICES PRIVATE LIMITED
Office No. S6-2, 6th Floor,
Pinnacle Business Park,
Mahakali Caves Road,
Andheri (East), Mumbai – 400 093
Phone: +91 22 6263 8200
E-mail: ipo@bigshareonline.com
Website: www.bigshareonline.com
EP Biocomposites Contact Details
EP BIOCOMPOSITES LIMITED
1st Floor, B.R. Commercial Centre,
Opp. Parade Ground,
Campal, Panaji, Goa-403001
Phone: +91 832-2431081
Email: info@epkamatgroup.com
Website: www.www.epbiocomposites.com
EP Biocomposites IPO Allotment Status
EP Biocomposites IPO allotment will be available on Bigshare Services’ website. Click on this link to get allotment status.
Final thoughts
EP Biocomposites Limited IPO is going to hit Dalal street soon. applying for IPO is purely a personal choice. study well about the company and do subscribe if you are feeling good about the company. I hope this post will give you enough details to make a fundamental study of the company. learn well and make wise decisions.
Happy Investing
