In a direct detection scheme, we observed 7.8 dB of twin-beam squeezing for multi-mode two-color squeezed vacuum generated via parametric downconversion. Applying post-selection, we conditionally prepared a sub-Poissonian state of light containing 6.3·105 photons per pulse on the average with the Fano factor 0.63±0.01. The scheme can be considered as the heralded preparation of pulses with the mean energy varying between tens and hundreds of fJ and the uncertainty considerably below the shot-noise level. Such pulses can be used in metrology (for instance, for radiometer calibration), as well as for probing multi-mode nonlinear optical effects.