BSE & NSE
19 Jan - 24 Jan '24
₹218 - ₹230
Founded in 2019, EPACK Durable Limited is a room air conditioner (RAC) Original Design Manufacturer (ODM).
In addition, the company produces PCBA components, cross-flow fans, injection-moulded parts, sheet metal parts, and other components that are directly utilised in the manufacturing of RACs. Given the seasonal need for RACs, the company has extended its business into the small domestic appliance (SDA) sector. Presently, it is creating and manufacturing water dispensers, blenders, and induction hobs.
The company operates one manufacturing site in Bhiwadi, Rajasthan, and four production facilities in Dehradun: Dehradun Unit I, Dehradun Unit II, Dehradun Unit III, and Dehradun Unit IV.
|Application opens on
|19th January 2024
|Last date of application
|23rd January 2024
|Date of Allotment
|24th January 2024
|Refund begins from
|25th January 2024
|Credit of shares to Demat
|25th January 2024
|29th January 2024
With its cutting-edge goods, EDL is the second-biggest participant in RAC and ODM. In keeping with the overall trends in the industry, it represented a slight regression following strong expansion from FY21 to FY23. December 2023 saw the opening of its new South unit. To capitalise on the trend resurgence, the company is expanding its capacity at an exponential rate. The IPO looks to be fully priced based on recent financial performance. Investors with knowledge may think about parking money for a medium- to long-term period of time.
EPACK Durable IPO GMP as of today is ₹15. On January 18, 2024, the shares of EPACK Durable Ltd. were trading on the grey market for ₹15 premium., the shares were traded on the Grey Market. As a result, it now has a share premium of Rs 15 over the Rs 230 cap price.
Check out the financial performance of EPACK Durable for recent years:
|Rs 520.37 crore
|Rs 739.66 crore
|Rs 7.80 crore
|Rs 1076.68 crore
|Rs 927.34 crore
|Rs 17.43 crore
|Rs 1464.16 crore
|Rs 312.03 crore
|Rs 22.49 crore
You can apply for the EPACK Durable Ltd. IPO in these ways:
Link your personal bank A/C to a trusted UPI ID and map it with your TradeSmart account. Now, proceed further to book your IPO. On acceptance of the mandate, the bid amount will get blocked in your bank account Learn more.
What are the opening and closing dates for EPack Durable IPO?
EPack Durable IPO will open for subscription on January 19 and close on January 23.
What is the price band for EPack Durable IPO?
The price band for EPack Durable IPO is ₹218 to ₹230 per share.
Who is taking part in the OFS?
Promoter and promoter group investors Bajrang Bothra, Laxmi Pat Bothra, Sanjay Singhania, Ajay DD Singhania, Pinky Ajay Singhania, Preity Singhania, Nikhil Bothra, Nitin Bothra and Rajjat Kumar Bothra along with other investors including India Advantage Fund and Dynamic India Fund will be participating in the OFS.
What is the minimum and maximum lot size for the EPack Durable IPO?
The minimum lot size is 1 and the maximum is 13.
What will be the promoter shareholding in EPack Durable after the IPO?
The promoter shareholding in EPack Durable after the IPO will reduce to 65.36% from 85.49% currently.
Who are EPack Durable IPO Lead Managers?
Axis Capital, DAM Capital Advisors, and ICICI Securities are the joint Book Running Lead Managers (BRLMs) to the issue.
Who is the registrar of the issue?
KFin Technologies Limited is the registrar for EPack Durable IPO.
When will the EPack Durable IPO allotment take place?
The finalisation of the basis of allotment for EPack Durable IPO will be done on January 24 2024, and the allotted shares will be credited to investors’ demat accounts by January 25.
When and where will the EPack Durable shares be listed?
The equity shares of EPack Durable are proposed to be listed on January 29,2024, on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE)