Hello my fellow finance enthusiasts, there is a huge investment opportunity opening up in the near future. Yes, you heard absolutely right. The EPACK Durable IPO is going to open soon. So I will give you complete information about EPACK Durable IPO here on IPO India.
On this article I will inform you about EPACK Durable IPO Date, Price, GMP, Review and Best 3 IPOs to Invest. So without wasting any more time let’s start.
About EPACK Durable Limited
Established in 2019, EPACK Durable Limited operates as an Original Design Manufacturer (ODM) specializing in the production of room air conditioners (RAC). Beyond RACs, the company is actively involved in the manufacturing of integral components, including sheet metal parts, injection molded components, cross-flow fans, and PCBA components, crucial in the assembly of RAC units. Recognizing the seasonal demand for RACs, the company has strategically diversified its portfolio into the small domestic appliance (SDA) market. Currently, EPACK Durable Limited is engaged in the development and production of induction hobs, blenders, and water dispensers within the SDA segment.
With a robust presence, the company operates four production facilities in Dehradun, known as Dehradun Unit I, Dehradun Unit II, Dehradun Unit III, and Dehradun Unit IV. Additionally, it boasts one manufacturing facility in Bhiwadi, Rajasthan. As of March 31, 2023, the company’s annual production capacity encompasses the manufacturing of 0.90 million IDUs, 0.66 million ODUs, 0.36 million ODU kits, and 0.42 million WACs. Furthermore, it includes the production of 0.11 million water dispensers, 1.2 million induction hobs, and 0.30 million mixers, along with their respective components. EPACK Durable Limited’s workforce, as of March 31, 2023, comprises 734 full-time employees, including engineers, university graduates, and diploma students.
EPACK Durable IPO GMP
| Exp. Premium (GMP) | ₹[_] per Share |
About EPACK Durable IPO
Here is some information about EPACK Durable IPO which will help you in making a decision to invest in EPACK Durable IPO. It appears to be a book-built offer with a total value of Rs 640.05 crore, including combination of fresh issue of 1.74 crore shares aggregating to Rs 400.00 crores and offer for sale of 1.04 crore shares aggregating to Rs 240.05 crores.
Summary of the key details
- Issue Size: Rs 640.05 crores
- Offer for Sale: 27,828,351 shares
- Subscription Period: January 19, 2024 to January 23, 2024
- Allotment Date: January 24, 2024
- Listing Date: January 29, 2024
Price Range of EPACK Durable IPO
- ₹218 to ₹230 per share
Lot Size of EPACK Durable IPO
- Minimum Lot: 65 Shares.
- Minimum Investment for Retail Investors: ₹14,950
Minimum Lot Size Investments for EPACK Durable IPO
- S-HNI: 14 lots (910 shares), amounting to ₹2,09,300
- B-HNI: 67 lots (4,355 shares), amounting to ₹10,01,650
This information provides potential investors with the details they need to participate in the EPACK Durable IPO. It is important to note that investing in IPOs carries risks, and individuals should do their own research or consult financial professionals before making investment decisions.
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EPACK Durable IPO
| Open Date | January 19, 2024 |
| Close Date | January 23, 2024 |
| Allotment Date | January 24, 2024 |
| Listing Date | January 29, 2024 |
| Face Value | ₹10 Per Equity Share |
| Issue Price | ₹218-230 Per Equity Share |
| Issue Size | 27,828,351 shares (Aggregating up to ₹640.05 Cr) |
| Market Lot (Min. Amount) | Retail: 64 Shares (₹14,950/-) S-HNI: 910 Shares (₹2,09,300/-) B-HNI: 4,355 Shares (₹10,01,650/-) |
| Listing at Group(s) | BSE, NSE |
| Lead Manager | Axis Capital Limited Dam Capital Advisor Ltd (Formerly Idfc Securities Ltd) ICICI Securities Limited |
| Register | Khin Technologies Limited |
| Retail Portion | 35% |
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Valuations of EPACK Durable IPO
| Earnings Per Share (EPS) | ₹4.71/- |
| P/E Ratio | N/A |
| RoNW | 14.68% |
| Net Asset Value (NAV) -as on 31.03.23 | ₹N/A |
EPACK Durable Financial Information
| Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Reserves & Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 30 Sep 2023 | 1,071.45 | 616.32 | 2.65 | 478.31 | 369.57 | |
| 31 Mar 2023 | 1,464.16 | 1,540.25 | 31.97 | 313.62 | 492.45 | |
| 31 Mar 2022 | 1,076.68 | 927.34 | 17.43 | 121.87 | 383.98 | |
| 31 Mar 2021 | 520.37 | 739.66 | 7.80 | 68.91 | 238.56 |
Promoter(s)
| Pre Issue Share Holding | 85.49% |
| Post Issue Share Holding | 65.36% |
Company Promotor(s):-
- Bajrang Bothra
- Laxmi Pat BOthra
- Sanjay Singhania
- Ajay DD Singhania
If you are new to the investment section and want to know how to invest in IPOs, you can read our article “How to Invest in IPOs?“.
Key Performance Indicator
| KPI | Values |
|---|---|
| ROE | 14.68% |
| ROCE | 11.85% |
| Debt/ Equity | 1.58 |
| RoNW | 14.68% |
| P/BV | 4.98 |
Issue Objective(s)
- 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 the company
- General corporate purpose
EPACK Durable IPO Registrar
| Name | Kfin Technologies Limited |
| Phone | 04067162222, 04079611000 |
| epack.ipo@kfintech.com | |
| Website | https://kosmic.kfintech.com/ipostatus/ |
EPACK Durable IPO Review
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Conclusion
Hello, fellow finance enthusiasts! A significant investment potential awaits as the EPACK Durable IPO is set to open soon, and I am here to provide you with comprehensive details about this opportunity.
Established in 2019, EPACK Durable Limited stands out as an Original Design Manufacturer (ODM) specializing in Room Air Conditioners (RAC). Expanding its horizons, the company actively manufactures critical components for RAC manufacturing, such as sheet metal parts, injection molded components, cross-flow fans and PCBA components. Recognizing the seasonal RAC demand, EPACK Durable has strategically diversified into the Small Domestic Appliances (SDA) market, currently engaged in the development and manufacturing of induction hobs, blenders and water dispensers. Operating across five manufacturing facilities including Dehradun and Bhiwadi, the company has a strong annual production capacity for various devices.
EPACK Durable IPO, book-built offering valued at Rs. 640.05 crores, of which Rs. 400.00 crore fresh issue of 1.74 crore shares and Rs. 240.05 crore comprising an offer for sale of 1.04 crore shares. The subscription period is from January 19, 2024, to January 23, 2024, with the allotment date set for January 24, 2024 and the listing date for January 29, 2024. The issue price ranges from ₹218 to ₹230 per share, with a minimum lot size of 65 shares. Prospective investors should conduct thorough research or seek professional advice due to the inherent risks associated with IPO investments. Don’t miss this opportunity – stay informed and make the right investment decisions!
EPACK Durable IPO FAQs
When EPACK Durable IPO is coming?
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 is 65 Shares, and the minimum amount required is ₹14,950.
When 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