The EPACK Durable date has been confirmed as January 19, 2024, and closes on January 24, 2024. Read the post to learn about the EPACK Durable IPO GMP.
EPACK Durable IPO has a fixed price of Rs 640.05 crores. At ₹218 to ₹230 per share, the price band is fixed. Applications require a minimum lot size of 65 shares. For retail investors, ₹14,950 is the minimum amount they must invest. A minimum lot size investment of ₹209,300 for sNII and ₹1,001,650 for bNII is required. For sNII, the minimum lot size investment is 14 lots (910 shares).
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Key Details Of EPACK Durable IPO:
Bidding Dates
January 19-24
Price Range
₹218 to ₹230 per share
Face Value
₹10 per share
GMP
₹6
EPACK Durable IPO GMP
The EPACK Durable IPO GMP Today is ₹6.
EPACK Durable IPO Overview
EPACK Durable IPO is a book-built issue of Rs 640.05 crore. A new issuance of 1.74 crore shares priced at Rs 400.00 crores and an offer to sell 1.04 crore shares valued at Rs 240.05 crores make up the offering. The first public offering (IPO) of EPACK Durable is scheduled to start on January 19, 2024, and run through January 23, 2024. On Wednesday, January 24, 2024, the allotment for the EPACK Durable IPO is anticipated to be finished. The BSE and NSE will offer the EPACK Durable IPO, with a provisional listing date of Monday, January 29, 2024.
The pricing range for the EPACK Durable IPO is set at ₹218 to ₹230/share. The EPACK Durable IPO GMP Today is ₹6. An application must have a minimum lot size of 65 shares. Retail investors must invest a minimum of ₹14,950. For bNII, the minimum lot size investment is 67 lots (4,355 shares) for ₹1,001,650, whereas for sNII, 14 lots (910 shares) worth ₹209,300.
EPACK Durable IPO Details
| IPO Date | January 19, 2024 to January 23, 2024 |
| Listing Date | [.] |
| Face Value | ₹10 per share |
| Price Band | ₹218 to ₹230 per share |
| Lot Size | 65 Shares |
| Total Issue Size | 27,828,351 shares (aggregating up to ₹640.05 Cr) |
| Fresh Issue | 17,391,304 shares (aggregating up to ₹400.00 Cr) |
| Offer for Sale | 10,437,047 shares of ₹10 (aggregating up to ₹240.05 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE, NSE |
| Share holding pre issue | 78,407,387 |
| Share holding post issue | 95,798,691 |
EPACK Durable Limited Financial Information
| Period Ended | 30 Sep 2023 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
| Assets | 1,071.45 | 1,464.16 | 1,076.68 | 520.37 |
| Revenue | 616.32 | 1,540.25 | 927.34 | 739.66 |
| Profit After Tax | 2.65 | 31.97 | 17.43 | 7.80 |
| Net Worth | 478.31 | 313.62 | 121.87 | 68.91 |
| Reserves and Surplus | ||||
| Total Borrowing | 369.57 | 492.45 | 383.98 | 238.56 |
| Amount in ₹ Crore | ||||
EPACK Durable IPO Timeline
| IPO Open Date | Friday, January 19, 2024 |
| IPO Close Date | Tuesday, January 23, 2024 |
| Basis of Allotment | Wednesday, January 24, 2024 |
| Initiation of Refunds | Thursday, January 25, 2024 |
| Credit of Shares to Demat | Thursday, January 25, 2024 |
| Listing Date | Monday, January 29, 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on January 23, 2024 |
Company Profile
EPACK Durable Limited, established in 2019, is an original design manufacturer (ODM) of room air conditioners. Injection-moulded parts, cross-flow fans, sheet metal parts, and PCBA components are also produced by the firm and are used in the construction of RACs. The seasonal demand for RACs has allowed the business to expand into the small domestic appliance (SDA) market, where it is now designing and producing water dispensers, blenders, and induction hobs. With an annual
production capacity of (i) 0.90 million IDUs, 0.66 million ODUs, 0.36 million ODU kits, 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 of March 31, 2023, the company has four production facilities in Dehradun: Dehradun Unit I, Dehradun Unit II, Dehradun Unit III, and Dehradun Unit IV. It also has one manufacturing facility in Bhiwadi, Rajasthan.
Registrar Info
| Name | Kfin Technologies Limited |
| Phone number | 04067162222, 04079611000 |
| Email ID | [email protected] |
| Website | kosmic.kfintech.com |
Contact Details
| Name | EPACK Durable Limited |
| Phone number | +91 120 2569078 |
| Email ID | [email protected] |
| Website | epackdurable.com |
IPO Strengths
- Experienced promoters and a competent management team.
- Well-established relationships with a loyal customer base.
- Access to markets worldwide, enabling global reach.
IPO Weakness
- Customers from the United States are heavily relied on.
- One must abide by many rules and regulations in these nations to guarantee compliance.
- Competition from other players in the market.
EPACK Durable IPO FAQs
When EPACK Durable IPO will open?
The EPACK Durable IPO opens on January 19, 2024 and closes on January 23, 2024.
What is the lot size of EPACK Durable IPO?
EPACK Durable IPO lot size and the minimum order quantity is not available at this time. Please check again later.
When is EPACK Durable IPO allotment?
The finalization of Basis of Allotment for EPACK Durable IPO will be done on Wednesday, January 24, 2024, and the allotted shares will be credited to your demat account by Thursday, January 25, 2024
When is EPACK Durable IPO listing date?
The EPACK Durable IPO listing date is not yet announced. The tentative date of EPACK Durable IPO listing is Monday, January 29, 2024.
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