Morgan Stanley, Citigroup invest in Epack Prefab Technologies' anchor round; co raises Rs 180 crore ahead of IPO

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Epack Prefab Technologies garnered Rs 180 crore from anchor investors, including Whiteoak Capital and Morgan Stanley Asia, prior to its Rs 504-crore IPO opening on September 24. The company finalized the allocation of 74.11 lakh shares at Rs 204 per share. Proceeds from the IPO will fund manufacturing expansion and debt repayment.