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EP Biocomposites Limited IPO (EP Biocomposites IPO) Detail

Aug 29, 2022 - Sep 5, 2022

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.

Company Financials

EP Biocomposites Limited Financial Information (Restated)
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
Amount in ₹ Lakhs

Objects of the Issue

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.

EP Biocomposites IPO Details

EP Biocomposites IPO Date Aug 29, 2022 to Sep 5, 2022
EP Biocomposites IPO Face Value ₹10 per share
EP Biocomposites IPO Price ₹126 per share
EP Biocomposites IPO Lot Size 1000 Shares
Issue Size504,000 shares of ₹10
(aggregating up to ₹6.35 Cr)
Fresh Issue504,000 shares of ₹10
(aggregating up to ₹6.35 Cr)
Issue Type Fixed Price Issue IPO
Listing At BSE SME
NII (HNI) Shares Offered50% of the net offer
Retail Shares Offered50% of the net offer
Company Promoters

Leena Kamat and Rajkumar Kamat are the company promoters.

EP Biocomposites IPO Timeline (Tentative Timetable)

EP Biocomposites IPO opens on Aug 29, 2022, and closes on Sep 5, 2022. The EP Biocomposites IPO bid date is from Aug 29, 2022 10.00 A.M. to Sep 5, 2022 5.00 P.M. The Cut-off time for UPI Mandate confirmation is 5 PM on the issue closing day.

Event Date
EP Biocomposites IPO Opening Date Aug 29, 2022
EP Biocomposites IPO Closing Date Sep 5, 2022
Basis of Allotment Sep 8, 2022
Initiation of Refunds Sep 9, 2022
Credit of Shares to Demat Sep 12, 2022
EP Biocomposites IPO Listing Date Sep 13, 2022

EP Biocomposites IPO Lot Size

The EP Biocomposites IPO lot size is 1000 shares. A retail-individual investor can apply for up to 1 lots (1000 shares or ₹126,000).

Application Lots Shares Amount
Retail (Min) 1 1000 ₹126,000
Retail (Max) 1 1000 ₹126,000

EP Biocomposites IPO Promoter Holding

Pre Issue Share Holding 98.97%
Post Issue Share Holding 69.40%

EP Biocomposites IPO Review

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...


EP Biocomposites IPO Subscription Status (Bidding Detail)

The EP Biocomposites IPO is subscribed 18.51 times on Sep 5, 2022 5:28:00 PM. The public issue subscribed 15.44 times in the retail category, times in the QIB category, and 21.58 times in the NII category. Check Day by Day Subscription Details (Live Status)

CategorySubscription (times)
NII21.58
Retail15.44
Total18.51

EP Biocomposites IPO Prospectus

EP Biocomposites IPO Rating

163
2.7
Rating:Rated 2.7 stars
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EP Biocomposites IPO Listing Date

Listing Date Tuesday, September 13, 2022
BSE Script Code 543595
NSE Symbol
Listing In MT Group of Securities
ISIN INE0D2I01014
IPO Price ₹126 per share
Face Value ₹10 per share

Listing Day Trading Information

.
IPO Price
Open
Low
High
Last Trade
BSE SME
₹126.00
₹160.25
₹160.25
₹168.25
₹168.25

Company Contact Information

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
Website: http://www.epbiocomposites.com/

EP Biocomposites IPO Registrar

Bigshare Services Pvt Ltd

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

EP Biocomposites IPO Review

EP Biocomposites IPO Recommendation Summary

Review By Subscribe Neutral Avoid
Brokers 0 0 1
Members 0 2 1

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IPO Broker Recommendations

EP Biocomposites IPO FAQs

EP Biocomposites IPO is a SME IPO of 504,000 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 Shares.

The IPO opens on Aug 29, 2022, and closes on Sep 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

  1. Visit the Zerodha website and login to Console.
  2. Go to Portfolio and click the IPOs link.
  3. Go to the 'EP Biocomposites IPO' row and click the 'Bid' button.
  4. Enter your UPI ID, Quantity, and Price.
  5. ‘Submit’ IPO application form.
  6. Visit the UPI App (net banking or BHIM) to approve the mandate.

Visit Zerodha IPO Application Process Review for more detail.

The EP Biocomposites IPO opens on Aug 29, 2022 and closes on Sep 5, 2022.

EP Biocomposites IPO lot size is 1000 Shares and the minimum order quantity is .

You can apply in EP Biocomposites IPO online using either UPI or ASBA as 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 apply IPO online through Zerodha, Upstox, 5Paisa, Edelweiss, ICICI Bank, HDFC Bank and SBI Bank.

The finalization of Basis of Allotment for EP Biocomposites IPO will be done on Sep 8, 2022, and the allotted shares will be credited to your demat account by Sep 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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