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EP Biocomposites IPO

EP Biocomposites Limited Logo

EP Biocomposites IPO 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

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 DateAug 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 Size1000 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 TypeFixed Price Issue IPO
Listing AtBSE SME
Retail Shares Offered50% of the net offer
NII (HNI) Shares Offered50% of the net offer
Company PromotersLeena Kamat and Rajkumar Kamat are the company promoters.

EP Biocomposites IPO Timeline

IPO opens on Aug 29, 2022, and closes on Sep 5, 2022. The 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 12 P.M. on the next day of issue closing day.

EventDate
EP Biocomposites IPO Opening DateAug 29, 2022
EP Biocomposites IPO Closing DateSep 5, 2022
Basis of AllotmentSep 8, 2022
Initiation of RefundsSep 9, 2022
Credit of Shares to DematSep 12, 2022
EP Biocomposites IPO Listing DateSep 13, 2022

IPO Lot Size

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

ApplicationLotsSharesAmount
Minimum11000₹126,000
Maximum11000₹126,000

IPO Promoter Holding

Pre Issue Share Holding98.97%
Post Issue Share Holding69.40%

IPO Prospectus

Company Contact Information

EP Biocomposites Limited
C/o OM Ventures,
Shed No D-2/12, Bicholim Industrial Estate,
Bicholim, Goa – 403504
Phone: +91-832-24310

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: [email protected]
Websitehttp://www.epbiocomposites.com/

IPO Registrar

Bigshare Services Pvt Ltd

Phone: +91-22-6263 8200
Email: [email protected]
Websitehttp://www.bigshareonline.com

IPO Lead Manager

  1. Aryaman Financial Services limited