EPACK Durable IPO Details
| IPO Size | 640 |
| Price Range | ₹218 to ₹230 |
| Retail Quota | 35% |
| QIB Quota | 50% |
| NII Quota | 15% |
| Employee Discount | -- |
| Listing at | NSE and BSE |
| Minimum Quantity | 65 |
| Investment (cut-off price) | ₹14,950 |
| Pre IPO Promotor Holding | 85.49% |
| Post IPO Promotor Holding | 65.36% |
| DHRP Draft | Click Here |
| RHP Draft | Click Here |
| Anchor Investors List | Click Here |
EPACK Durable IPO Timelines
19/01/2024
Start Date24/01/2024
End Date29/01/2024
Refund Initiation29/01/2024
Credit of Shares to Demat Ac30/01/2024
Listing DateEPACK Durable IPO Lot Size
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 | 65 | ₹14,950 |
| Retail Maximum | 13 | 845 | ₹194,350 |
| S-HNI Minimum | 14 | 910 | ₹209,300 |
| B-HNI Minimum | 67 | 4355 | ₹1,001,650 |
EPACK Durable IPO Subscription Status
| QIB | NII | Retail | EMP | Total |
|---|---|---|---|---|
| 25.50 x | 28.10 x | 6.29 x | -- | 16.37 x |
IPO Performance on Listing Day
| Opening Price | Closing Price | Day High | Day Low |
|---|---|---|---|
| ₹221 | ₹207.60 | ₹224.50 | ₹206.20 |
EPACK Durable IPO Company Financials
| Year | Total Income | Total Expense | PAT |
|---|---|---|---|
| FY 2021 | ₹739.65 | ₹728.78 | ₹7.80 |
| FY 2022 | ₹927.34 | ₹901.03 | ₹17.43 |
| FY 2023 | ₹1540.25 | ₹1493.84 | ₹31.97 |
About Company
EPACK Durable Limited is a room air conditioner (RAC) design and manufacturing company. They initially served as an OEM (Original equipment manufacturer) for RAC brands, and then the company transitioned into an ODM (Original design manufacturer) partner for RACs, producing components like sheet metal, injection-molded parts, cross-flow fans, and PCBA components crucial in RAC manufacturing. Apart from air conditioners, EPACK Durable Limited is involved in the small domestic appliances sector.
They design and manufacture induction cooktops, mixer grinders, and water dispensers. The company operates research and development centers in Greater Noida, Bhiwadi, and Dehradun, equipped with endurance test labs for RACs and SDAs (Small domestic appliance), induction coil-automatic voltage testers, induction coil-breakdown testers, needle flame testers, and customized glow wire testers.
| Incorporation Date | Sector | Managing Director |
|---|---|---|
| 2019 | Consumer Durables | Ajay DD Singhania |
Know Before Investing
EPACK Durable IPO Strengths
- The company has long-standing relationships with established customers and has good expansion chances too.
- It is also one of the key manufacturers in the fast-growing RAC and SDA manufacturing industries.
- The company has advanced vertically integrated manufacturing operations with a vast product portfolio.
- It has robust product development and design optimization capabilities.
- Well-experienced management team.
EPACK Durable IPO Risks
- The company is subject to precise technical specifications and quality requirements.
- Operates in a significantly competitive market.
- High working capital requirements.
- Pricing pressure from customers can have an impact on the company.
- Exposed to foreign currency exchange rate fluctuations.
Swot Analysis for EPACK Durable IPO
Strengths
Weaknesses
Opportunities
Threats
Contact Details of IXIGO
Kfin Technologies Limited
Phone: 04067162222, 04079611000
Email: [email protected]
Website: https://kosmic.kfintech.com/ipostatus/
Company Details
EPACK Durable Limited
61-B, Udyog Vihar, Surajpur,
asna Road, Greater Noida,
Gautam Buddha Nagar – 201 306
Phone: +91 120 2569078
Email: [email protected]
Website: https://epackdurable.com/
IPO Registar Details
Kfin Technologies Limited
Phone: 04067162222, 04079611000
Email: [email protected]
Website: https://kosmic.kfintech.com/ipostatus/
FAQs
The key objectives of EPACK Durable IPO are:
- Funding capital expenditure for the expansion / setting up of manufacturing facilities.
- Repayment and / or prepayment, in part or in full, of certain outstanding loans of their Company.
Axis Capital Ltd., ICICI Securities Ltd., Dam Capital Advisors Ltd (IDFC Securities) are the book-running lead managers for the EPACK Durable IPO.