3 - 4 minutes readEP Biocomposites IPO Date

EP Biocomposites IPO Details: The date for EP Biocomposites’ initial public offering (IPO) has been set: August 29 through September 5, 2022. In order to raise Rs. 6.35 crores through an IPO, EP Biocomposites is a BSE SME IPO. With a market lot of 1000 shares, the EP Biocomposites IPO price band is fixed at Rs. 126.

EP Biocomposites IPO

EP Biocomposites IPO Details

IPO Opening DateAug 29, 2022
IPO Closing DateSep 5, 2022
Price BandRs. 126 per share
Lot Size1000 Shares
Issue Size (Rs. Cr.)504,000 shares of Rs. 10 (aggregating up to Rs. 6.35 Cr)
Fresh Issue504,000 shares of Rs. 10 (aggregating up to Rs. 6.35 Cr)
Face ValueRs. 10 per share
Issue TypeFixed Price Issue IPO
Exchange BoardNSE, SME
Retail Shares Offered50% of the net offer
NII (HNI) Shares Offered50% of the net offer
Basis of Allotment DateSep 8, 2022
Initiation of RefundsSep 9, 2022
Credit of Shares to Demat AccountSep 12, 2022
EP Biocomposites IPO Listing DateSep 13, 2022

EP Biocomposites IPO Date

EP Biocomposites IPO Dates are set. EP Biocomposites IPO open on 29 Aug 2020 and Kore Mobile IPO will close on 5 Sep 2022. FRP – Fibre Reinformed Polymers Products like Bio Toilets, Frames, Door Shutters, Biodigestor Tanks, and Allied Products are produced and supplied by EP Biocomposites Limited.

EP Biocomposites IPO Issue Size

EP Biocomposites IPO is going to list on BSE SME. Issue size of EP Biocomposites IPO is Rs. 6.35 Cr. In 2021, the company entered the waste water recycling market by assuming control of its promoter, M/s Om Ventures, operating business.

EP Biocomposites IPO Price

Type of EP Biocomposites IPO is fixed Price Issue IPO. EP Biocomposites IPO price is Rs. 126 per share. EP Biocomposites provides innovative and user-friendly bio-digester technology licenced from the Defense Research and Development Organization, along with sanitation infrastructure and human waste management solutions and services (DRDO).

EP Biocomposites IPO Lot Size

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

EP Biocomposites IPO Allotment Date and Listing Date

The shares will be credited to applicants’ demat accounts on 12 Sep 202. EP Biocomposites IPO allotment date is 8 Sep 2022 and EP Biocomposites will listing on 13 Sep 2022.

About EP Biocomposites Limited IPO

Founded in 2020, EP Biocomposites Limited is a manufacturer and supplier of fiber-reinforced polymer (FRP) products for construction and industrial applications that meet customer needs. These products include door shutters, frames, biodigestor tanks, bio toilets, and allied products. In 2021, the company entered the wastewater recycling market, which has a lot of potential.

The company’s main goal is to provide sanitation solutions to people who lack access to toilets as well as to people who do have toilets but have trouble using septic tanks to treat and manage their waste. The company also provides innovative and basic bio-digester technology licenced from the Defence Research and Development Organisation (DRDO) and Industry Interface and Technology Management, operating under the auspices of DRDO, Ministry of Defence, Government of India, for sanitation infrastructure and human waste management solutions and services.

More than 2,00,000 doors were provided by EP Biocomposites Limited, saving thousands of trees, and more than 2,500 Bio toilets were provided to households, reducing open defecation and promoting clean and green environments.

For Fiscal 2022, 2021, and 2020, respectively, the revenue from operations was Rs 805.96, Rs 294.80 lakhs, and Rs 56.81 lakhs.

Promoters of EP Biocomposites IPO

Company promoters Leena Kamat and Rajkumar Kamat.

EP Biocomposites IPO FAQs

What is EP Biocomposites IPO?

EP Biocomposites IPO is a SME IPO of 504,000 equity shares of the face value of Rs. 10 aggregating up to ₹6.35 Crores. The issue is priced at Rs. 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.

When EP Biocomposites IPO will open?

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

What is the lot size of EP Biocomposites IPO?

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

How to apply for EP Biocomposites IPO?

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. 

When EP Biocomposites IPO allotment?

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.

When is EP Biocomposites IPO listing date?

The EP Biocomposites IPO listing date is Sep 13, 2022.

Who is the registrar of Kore Mobile IPO?

The registrar for EP Biocomposites IPO is Bigshare Services Pvt Ltd.

What is EP Biocomposites IPO Price Band?

EP Biocomposites IPO price band is Rs. 126 per equity share.