Epack Prefab Technologies IPO opens for subscription on September 24 and closes on September 26. The company will be raising Rs 504 crore from the primary markets. The issue is a combination of 1.47 crore fresh shares and an offer for sale of 1 crore selling shareholders’ shares. The company has set the price band between Rs 194 – 204 per equity share.

Epack Prefab Technologies IPO: GMP

The company’s shares were changing hands at a price of Rs 218 in the grey market. This represents a GMP of almost 7% to the issue price. However, it has fallen from Rs 223 or 9.3% when it was trading on September 19.

Epack Prefab Technologies IPO: Allotment and listing

The allotment for the shares is expected to be finalised on September 29, while the listing on the exchanges, BSE and NSE, is likely

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