EPack Prefab Technologies Ltd IPO

Our Company was originally incorporated as E-Pack Polymers Private Limited as a private limited company under the Companies Act, 1956, pursuant to a certificate of incorporation dated February 12, 1999, issued by Registrar of Companies, National Capital Territory of Delhi and Haryana, situated at New Delhi, Delhi, India. Our registered office was shifted from the state of Delhi, India to the state of Uttar Pradesh, India pursuant to a resolution passed by our Shareholders on January 28, 2019, and a certificate of registration dated April 22, 2019, pursuant to order of the Regional Director, Northern Region, Ministry of Corporate Affairs, New Delhi, Delhi, India dated March 25, 2019, confirming the transfer of registered office to another state. Subsequently, the name of our Company was changed to EPack Polymers Private Limited pursuant to a Board resolution dated August 10, 2020, and a resolution passed in the extra ordinary general meeting of the Shareholders held on September 05, 2020, and consequently a fresh certificate of incorporation dated October 13, 2020, was issued by the Registrar of Companies, Kanpur situated at Kanpur, Uttar Pradesh, India (RoC). Thereafter, our Company's name was changed to EPack Prefab Technologies Private Limited, pursuant to a Board resolution dated October 4, 2024 and a resolution passed in the extra ordinary general meeting of the Shareholders held on October 26, 2024 and consequently a fresh certificate of incorporation dated December 04, 2024, was issued by the RoC. Subsequently, pursuant to a Board resolution dated December 04, 2024 and a resolution passed in the extra ordinary general meeting of the Shareholders held on December 04, 2024, the name of our Company was changed from EPack Prefab Technologies Private Limited to EPack Prefab Technologies Limited and a fresh certificate of incorporation dated December 11, 2024, consequent to the conversion from private to public company was issued by the RoC.

Based on CRISIL Report, as of FY25, the Indian prefabricated market was estimated around Rs. 465-485 billion. Key growth drivers of the industry include increase investments in the overall construction, favourable government policies, growing urbanisation and increasing population. Moving forward, the industry is projected to register a CAGR of 9-11% between FY25-30 and value around Rs. 730-800 billion by FY30. This growth will be driven by continued construction investments, favourable government policies, growing acceptance of prefabricated construction, and expanding end use segments like pharmaceuticals, infrastructure, etc. Based on CRISIL Report, the expanded polystyrene market was valued at Rs. 22 billion in FY24 and is expected to grow at a rate of 5.5-6.5% till FY30 reaching Rs 30-35 billion. The growth trajectory is driven by increasing demands across various sectors, particularly construction and packaging.

We were incorporated in the year 1999 and have a legacy of over 25 years, operating into two business verticals, i.e. (i) Pre-Fab Business, wherein we provide complete solutions to customers on turnkey basis which includes designing, manufacturing, installation and erection of pre-engineered steel buildings, pre-fabricated structures and its components in India and overseas (Pre-Fab Business); and (ii) manufacturing of expanded polystyrene sheets and blocks (also referred as EPS Block Molded products and EPS Shape Molded products) for various industries such as construction, packaging, and consumer goods in India (EPS Packaging Business).