Epack Prefab Technologies is likely to finalize the basis of allotment of its shares on Monday, September 29. Applicant bidders will get the messages, alerts or emails for debit of their funds or revocations of their IPO mandate latest by Tuesday, September 30. The pre-engineering turnkey solutions player saw a muted bidding from the investors. Advertisement
The IPO of Noida-based Epack Prefab Technologies was open for bidding between September 24 and September 26. It had offered its shares in the price band of Rs 194-204 per share with a lot size of 73 shares. The company raised a total of Rs 504 crore via IPO, which was entirely a fresh share sale of 2,47,05,882 equity shares.
The issue was overall subscribed only 3.07 times fetching nearly 1.83 lakh applications, fetching bids for ov