EPACK Durable Limited
Mainboard₹14,950 / 65 Shares
EPACK Durable Limited IPO Details
The EPACK Durable Limited IPO price band is set between ₹218-230 per equity share, with a face value of ₹10 per share. The issue is managed by Kfin Technologies Limited, and the equity shares are proposed to be listed on the Mainboard.
The IPO date for subscription opens on 19 Jan, 2024 and closes on 24 Jan, 2024. Investors can check the allotment status on 25 Jan, 2024, while the listing date is tentatively scheduled for 30 Jan, 2024.
The total issue size is Total ₹640.05 Cr :#Fresh Issue : 17,391,304 shares, aggregating up to ₹400.00 Cr. Stay tuned for the latest EPACK Durable Limited IPO review and GMP updates.
EPACK Durable Limited IPO Review, Rating & Analysis
EPACK Durable Limited IPO Review
NO REVIEWEPACK Durable Limited IPO Rating
EPACK Durable Limited IPO Highlights
IPO Date
Jan 19, 2024 - Jan 24, 2024
Listing Date
30 Jan, 2024
Face Value
₹10 Per Equity Share
Price Band
₹218-230 per equity share
Lot Size
65 Shares
Fresh Issue
17,391,304 Shares
Offer for Sale
10,437,047 shares of ₹10
Listing At
BSE, NSE
EPACK Durable Limited IPO Lot Size
The minimum market lot for EPACK Durable Limited IPO is 65 shares with an application amount of ₹14,950. Retail investors can apply for up to 13 lots. The table below details the minimum and maximum investment limits for Retail and HNI investors.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 65 | ₹14,950 |
| Retail (Max) | 13 | 845 | ₹1,94,350 |
| S-HNI (Min) | 14 | 910 | ₹2,09,300 |
| S-HNI (Max) | 66 | 4290 | ₹9,86,700 |
| B-HNI (Min) | 67 | 4355 | ₹10,01,650 |
EPACK Durable Limited IPO Timeline
Issue Price
₹218-230 per equity shareFace Value
₹10 Per Equity ShareListing at Group
BSE, NSERegistrar
Kfin Technologies LimitedLead Manager
Axis Capital LimitedDam Capital Advisors Ltd (Formerly Idfc Securities Ltd)ICICI Securities LimitedIssue Size
Total ₹640.05 Cr :#Fresh Issue : 17,391,304 shares(aggregating up to ₹400.00 Cr) +
#OFS : 10,437,047 shares of ₹10(aggregating up to ₹240.05 Cr)
EPACK Durable Limited IPO Financial Information
| Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 31 Mar 23 | 1464.16 | 1540.25 | 31.97 | - | - | - |
| 31 Mar 22 | 1076.68 | 927.34 | 17.43 | - | - | - |
| 31 Mar 21 | 520.37 | 739.66 | 7.80 | - | - | - |
All values are in ₹ Cr.
EPACK Durable Limited IPO Valuations
EPS Pre IPO
₹4.08/-EPS Post IPO
₹/-PE Pre IPO
56.4PE Post IPO
415.1ROE
-ROCE
-Debt Equity
-RoNW
14.68%PAT Margin
-Price to Book Value
-Promoters & Share Holding
Promoter(s) Name
- Bajrang Bothra
- Laxmi Pat Bothra
- Sanjay Singhania
- Ajay DD Singhania
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| 85.49% | 65.36% |
About Company
EPACK Durable Limited is an Original Design Manufacturer (ODM) of room air conditioners (RAC).
The company also manufactures components such as sheet metal parts, injection moulded parts, cross-flow fans, and PCBA components that are actively used in the production of RACs. The company has expanded its business into the small domestic appliance (SDA) market, particularly given the seasonal demand for RACs, and is currently developing and producing induction hobs, blenders, and water dispensers.
The company has four production facilities in Dehradun, namely Dehradun Unit I, Dehradun Unit II, Dehradun Unit III and Dehradun Unit IV, and one manufacturing facility at Bhiwadi, Rajasthan, with an annual production capacity as on March 31, 2023 for manufacturing (i) 0.90 million IDUs, 0.66 million ODUs, 0.36 million ODU kits and 0.42 million WACs and (ii) 0.11 million water dispensers, 1.2 million induction hobs and 0.30 million mixers and their components.
As at March 31, 2023, the company had 734 full-time employees, including engineers, university graduates and diploma students.
EPACK Durable Limited IPO Subscription Details
| As on | QIB | NII bNII sNII | Retail | Total |
|---|---|---|---|---|
| Shares Offered / Reserved | 5,565,670 | 4,174,253 2,882,835 1,391,418 | 9,739,923 | 19,479,846 |
Day 1 -19-01-24 05:00 PM | 0.01 x | 0.82 0.66 x 1.15 x | 1.17 x | 0.77 x |
Day 2 -23-01-24 05:00 PM | 0.17 x | 7.90 7.73 x 8.25 x | 3.81 x | 3.68 x |
Day 3 -24-01-24 05:00 PM | 25.50 x | 28.10 31.64 x 21.01 x | 6.29 x | 16.37 x |
5.67 times
Frequently Asked Questions about EPACK Durable Limited IPO
When will EPACK Durable Limited IPO open for subscription?
The EPACK Durable Limited IPO opens on 19 Jan, 2024 and closes on 24 Jan, 2024.
What is the investors portion for EPACK Durable Limited IPO?
The investors' portion for QIB is 25.50 x, NII is 31.64 x, and Retail is 6.29 x.
How to apply for EPACK Durable Limited IPO?
You can apply for EPACK Durable Limited IPO via ASBA online through your bank account. You can also apply via UPI through stock brokers like Zerodha, Upstox, or Paytm Money.
What is the issue size of EPACK Durable Limited IPO?
The issue size of EPACK Durable Limited IPO is approx ₹Total ₹640.05 Cr :#Fresh Issue : 17,391,304 shares(aggregating up to ₹400.00 Cr) +#OFS : 10,437,047 shares of ₹10(aggregating up to ₹240.05 Cr) crores.
What is the price band of EPACK Durable Limited IPO?
The price band for EPACK Durable Limited IPO is ₹218 to ₹230 per equity share.
What is the lot size of EPACK Durable Limited IPO?
The minimum bid (lot size) for EPACK Durable Limited IPO is N/A shares with an investment of approx ₹14,950 .
What is the allotment date of EPACK Durable Limited IPO?
The allotment date for EPACK Durable Limited IPO is 25 Jan, 2024.
What is the listing date of EPACK Durable Limited IPO?
The listing date for EPACK Durable Limited IPO is expected to be 30 Jan, 2024.
What is the GMP of EPACK Durable Limited IPO?
The latest Grey Market Premium (GMP) for EPACK Durable Limited IPO is being updated regularly on IPOROCK.
Parth D.
Founder & Lead Analyst
Parth D. is a software engineer and financial analyst who brings a quantitative edge to IPO tracking. With deep expertise in algorithmic trading and financial tool development, he builds the technology that powers IPORock's real-time data engines. He has been tracking the Indian market since 2018.