EP Biocomposites Limited IPO

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i. EP Biocomposites 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. They provide sanitation infrastructure and human waste management solutions and services, involving innovative and simple bio-digester technology licensed from Defence Research and Development Organisation (DRDO) and Industry Interface and Technology Management, operating under the aegis of DRDO, Ministry of Defence, Government of India. The anaerobic bio-digester technology helps users manage waste onsite, without depending on expensive and energy-consuming sewage infrastructure.

ii. The Sewage Treatment Plant helps contaminant concentrations to be lowered to a safe level before wastewater can be reused or returned to the environment. The effluent water treatment – a technique used for processing industrial wastewater for reuse or safe discharge to the environment. The company also specializes in FRP allied products. FRP which stands for Fiber Reinforced Polymer is an eco-friendly substitute for wood that has long been the chosen building material – a limited resource that has resulted in major environmental problems, such as fast forest decline.

iii. The group has supplied more than 2, 00,000 doors thereby saving thousands trees and has supplied more than 2,500 Bio toilets to households helping in reduction of open defecation thereby contributing to clean and green surroundings. For their innovation and continuous contribution for betterment of society, we as a group have been recognized and acclaimed with the National Award for Outstanding Efforts in Entrepreneurship in MSEs (Manufacturing).

iv. Competitive Strengths: 
a. Partnerships with industry and non-governmental players
b. Technology
c. Wide Range of products and services

Objects of the EP Biocomposites Limited IPO:

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.
DRHP of EP Biocomposites Limited IPO
RHP of EP Biocomposites Limited IPO

EP Biocomposites Limited IPO Details:

Open Date: Aug 29 2022
Close Date: Sep 05 2022
Total Shares: 504,000
Face Value: ₹ 10 Per Equity Share
Issue Type: Fixed Price Issue
Issue Size: 6.35 Cr.
Lot Size: 1000 Shares
Issue Price: ₹ 126 Per Equity Share
Listing At: BSE SME
Listing Date: Sep 13 2022

Promoters And Management:

i. Rajkumar Kamat, aged 62 years is the Promoter, Chairperson & Managing Director of the Company. He graduated with a Diploma degree in the field of Science from University of Goa in the year 1981. He is into Manufacturing and Processing Business since 1991. He was previously associated with OM Ventures where he was responsible to oversee entire operations of the company which is into Manufacturing of composites, Bio and Metal products since 2002 in addition to his own business. He was also associated with Franchisee of Business Network International for Goa. He also has had a close encounter with Variety of Industries and Businesses for more than a decade like: 1) Past President of Goa State Industries Association ( GSIA ) 2) Founder President of Fire & Security Association of India ( FSAI ) 3) Ex Director of Goa Industrial Development Corporation ( GIDC ) 4) Managing Committee Member of Goa Chamber of Commerce & Industry ( GCCI ) 5) Member of Goa Investment Promotion Board ( IPB ). ii. Shreyas Nadkarni, aged 36 Years is Executive Director of the company. He has completed Post Graduate Diploma in Business Administration (PGDBA) Specialization - Operations Management Welingkar Institute of Management Development & Research, Mumbai. He was associated with the companies such as BNI (Business Network International) - Hubli Dharwad, Karnataka, Telstra India Pvt Ltd Bangalore, Zettata Technologies Pvt. Ltd, Bangalore, Bharti Airtel Limited Mumbai, SAP lndia Pvt. Ltd Mumbai, REGUS Business Centre Dubai, UAE. iii. Leena Kamat, aged 56 years is the Promoter and Non- Executive Director of the Company. She has completed her Bachelor’s Degree in the field of Science (B.SC.) from University of Bombay, Mumbai in the year 1988. She is into Manufacturing Business and is also responsible for Overseeing Operations of OM Ventures which is into Manufacture of Composite, Bio and Metal products since 2002 in addition to her own business.

Financials of EP Biocomposites Limited IPO:

Particulars (in lakhs) March-22 March-21 March 20
Revenue from operations 805.96 294.80 56.81
Cost of raw materials consumed 569.39 179.41 27.09
Trading Goods Purchases - 28.13 26
Changes in Inventories -73.08 -25.77 -5.14
Employee Benefit Expenses 103.21 47.22 0.84
Other Expenses 69.21 19.79 3.73
Operating Profit 137.23 74.15 30.29
OPM% 17% 25% 53%
Finance Cost 15.62 - -
Depreciation 6.6 - -
Other Income 1.59 0.43 0.02
Profit (Loss) before tax 116.6 46.42 4.31
Tax expense 35.66 10.62 1.16
Profit (Loss) for the period 80.94 35.8 3.15

Comparison With Peers:

There is no listed peer in the market related to such business.

Lead Manager of EP Biocomposites Limited IPO:

  1. Aryaman Financial Services Limited

Registrar of EP Biocomposites Limited IPO:

  1. Bigshare Services Private Limited

Company Address:

EP Biocomposites Limited C/o OM Ventures, Shed No D-2/12, Bicholim Industrial Estate, Bicholim, Goa – 403504 Phone: +91-832-2431081 Email: info@epkamatgroup.com Website: http://www.epbiocomposites.com/

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