EPACK Durable Limited IPO

EPACK Durable Limited IPO is listed on BSE and NSE, priced at ₹218–₹230 per share. The stock debuted at ₹221. The IPO had a lot size of ₹65 shares and a minimum investment of ₹14,950.

EPACK Durable Limited IPO

Mainboard Listed
₹14,950 (65 Shares)
Minimum Investment
Check Allotment
IPO Dates
Jan 19, 2024 – Jan 24, 2024
Price band
₹218-230 per equity share
Minimum Investment
₹14,950
Issue size
₹640.05 Cr
Lot size
65
Allotment Date
Jan 25, 2024
Listing
Jan 30, 2024
Listing At
BSE, NSE

IPO timeline

  1. Jan 19, 2024

    Open Date

    Completed

  2. Jan 24, 2024

    Close Date

    Completed

  3. Jan 25, 2024

    Allotment Date

    Completed

  4. Jan 30, 2024

    Listing Date

    Completed

Price Summary

Last closing
243.80 (6%)
52 week high
414.90
52 week low
196.15
Last update

EPACK Durable Limited IPO Essentials

EPACK Durable Limited IPO Details

EPACK Durable Limited IPO is priced at ₹218-230 per share with a total issue size of 640.05 crore. The IPO has a lot size of 65 shares and is listed on BSE and NSE.

Issue price
₹218-230 per equity share
Lot size
65 shares
Face value
₹10 Per Equity Share
Issue 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)
Total issue size
2,78,28,351 shares
(aggregating up to ₹640.05 crore)
Fresh issue
1,73,91,304 shares
(aggregating up to ₹400 crore)
Offer for sale (OFS)
1,04,37,047 shares
(aggregating up to ₹240.05 crore)
Listing at
BSE, NSE
List price
221.0(NSE)
Listing date
Registrar
Kfin Technologies Limited
Lead manager
Axis Capital Limited, Dam Capital Advisors Ltd (Formerly Idfc Securities Ltd), ICICI Securities Limited

Market Lot Size

Investors can bid for a minimum of 65 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Retail Investors and HNI in terms of shares and amount.

Application Lots Shares Amount
Retail (min) 1 65 ₹14,950
Retail(max) 13 845 ₹1,94,350
sHNI(min) 14 910 ₹2,09,300
sHNI(max) 66 4,290 ₹9,86,700
sHNI(min) 67 4,355 ₹10,01,650

EPACK Durable Limited IPO Documents

EPACK Durable Limited IPO Reservation

EPACK Durable Limited IPO reservation details show category-wise allocation of shares. Out of the total 27,828,350 shares, approximately 20% are reserved for QIB, 15% for NII, 35% for retail investors, and 30% for anchor investors.

Investor Category Shares Offered Maximum Allottees
Anchor Investor Shares Offered 8,348,504 (30%)
QIB Shares Offered 5,565,670 (20%)
NII (HNI) Shares Offered 4,174,253 (15%)
bHNI > ₹10L 2,882,835 (10.36%) 3,167
sHNI < ₹10L 1,391,418 (5%) 1,529
Retail Shares Offered 9,739,923 (35%) 149,844
Total Shares Offered 27,828,350 (100%)

EPACK Durable Limited IPO Analytics

EPACK Durable Limited IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.

EPACK Durable Limited IPO Subscription Status

EPACK Durable Limited IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.

The IPO subscription status indicates investor demand across categories.

As on QIB
NII
bHNI
sHNI
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
0.82x
0.66x
1.15x
1.17 x 0.77 x
Day 2 23-01-24 05:00 PM
0.17 x
7.90x
7.73x
8.25x
3.81 x 3.68 x
Day 3 24-01-24 05:00 PM
25.50 x
28.10x
31.64x
21.01x
6.29 x 16.37 x
Total No. of Applications
category wise applications
8,49,787 (Approx) 5.67

EPACK Durable Limited Valuations

Earnings

EPS Pre IPO
₹4.08/-
EPS Post IPO
₹0.55/-
P/E Pre IPO
56.4
P/E Post IPO
415.1

Returns

ROE
14.68%
ROCE
11.85%
RoNW
14.68%

Fundamentals

Debt / Equity
1.58
Price / Book
4.98

Data sourced from DRHP / RHP • For educational purposes only

EPACK Durable Limited Financials( In Crs.)

31-Mar-23 31-Mar-22 31-Mar-21
Assets 1,464.16 1,076.68 520.37
Revenue 1,540.25 927.34 739.66
Profit After Tax 31.97 17.43 7.80
Net Worth 313.62 121.87 68.91
Total Borrowing 492.45 383.98 238.56

EPACK Durable Limited Company & Offer Insights

About EPACK Durable Limited

EPACK Durable Limited is an Original Design Manufacturer (ODM) of room air conditioners (RAC) incorporated in 2019.

The company also produces parts like sheet metal parts, injection moulded parts, cross-flow fans, and PCBA components that are currently in active use in the production of RACs. The company has ventured into the small domestic appliance market, especially considering the seasonal demand for RACs, and is currently developing and manufacturing 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 of 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.

The company had 734 full-time employees as of March 31, 2023, who were engineers, university graduates, and diploma students.

EPACK Durable Limited Promoter(s)

Bajrang Bothra, Laxmi Pat Bothra, Sanjay Singhania, Ajay DD Singhania are the company's promoters of EPACK Durable Limited.

EPACK Durable Limited IPO Issue Objectives

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 purposes.

EPACK Durable Limited IPO - Anchor Investors

Epack Durable IPO | Institutional investors pick Rs 192 crore shares via anchor book.

Optimix Wholesale Global Emerging Markets Share Trust, Integrated Core Strategies (Asia), Societe Generale Copthall Mauritius Investment, and HDFC Mutual Fund were some of the marquee names invested in the company via anchor book.

Insurance companies including SBI Life Insurance Company, HDFC Life Insurance Company, Aditya Birla Sun Life Insurance Company, Bajaj Allianz Life Insurance Company, SBI General Insurance Company, Reliance General Insurance Company, and Universal Sompo General Insurance Company also showed good interest in the company, investing Rs 116 crore.

EPACK Durable Limited IPO - Peers Comparison

Company Name EPS (Basic) EPS (Diluted) NAV (per share) (Rs) P/E (x) RoNW (%) P/BV Ratio Financial statements
EPACK Durable Limited 4.71 4.64 46.21 56.4 14.68 N/A Consolidated
Amber Enterprises India Ltd 46.66 46.66 579.94 66.28 8.79 5.33 Consolidated
PG Electroplast Limited 35.78 33.77 174.09 67.27 21.88 13.05 Consolidated
Dixon Technologies (India) Ltd 42.92 42.62 215.69 139.96 22.36 27.65 Consolidated
Elin Electronics Ltd 6.29 6.29 99.3 24.28 6.73 1.54 Consolidated

Notes:

  1. The P/E Ratio has been computed based on the closing market price of equity shares on NSE on July 27, 2023, divided by the Diluted EPS.
  2. Return on Net Worth (%) = Net Profit for the year divided by Average Net-Worth (Total Equity) for the year.
  3. NAV per share is computed as the net worth (Total Equity) divided by the outstanding number of equity shares at the end of the year.

Contact Information

Contact Details

EPACK Durable Limited

+91 120 2569078

investors_ed@epack.in

https://epackdurable.com/

61-B, Udyog Vihar, Surajpur, Kasna Road, Greater Noida, Gautam Buddha Nagar - 201 306

Registrar Contact Details

Kfin Technologies Limited

04067162222, 04079611000

epack.ipo@kfintech.com

https://kosmic.kfintech.com/ipostatus/

Frequently Asked Questions

Click any question to reveal the answer

EPACK Durable Limited IPO is a book-built IPO worth ₹640.05 crore. The price band is ₹218–₹230 per share. The IPO opens on Jan 19, 2024 and closes on Jan 24, 2024. It will be listed on BSE and NSE. Kfin Technologies Limited is the registrar.

The price band of EPACK Durable Limited IPO is ₹218 to ₹230 per share.

The lot size of EPACK Durable Limited IPO is 65 shares.

The minimum investment for EPACK Durable Limited IPO is approximately ₹14,950 based on the upper price band .

EPACK Durable Limited IPO opens on Jan 19, 2024 and closes on Jan 24, 2024.

The allotment date of EPACK Durable Limited IPO is Jan 25, 2024.

EPACK Durable Limited IPO is expected to be listed on Jan 30, 2024, on BSE and NSE .

EPACK Durable Limited IPO listed on Jan 30, 2024. It was issued at ₹221.0(NSE) and is currently around ₹243.80 as on 14-May-2026 3:30 PM, which is approximately 6.0% versus issue price. The 52-week high is ₹414.90.

Based on listing and post-listing performance, EPACK Durable Limited IPO delivered around 6.0% over issue price. Whether it was worth applying depends on your risk profile, allocation, and holding horizon.

To buy EPACK Durable Limited IPO shares after listing, log in to your broker app (such as Zerodha, Angel One, Groww, Upstox, ICICI Direct), search the stock symbol, place a delivery/CNC order, and confirm quantity and price.

EPACK Durable Limited IPO valuation snapshot: P/E 415.1, EPS ₹0.55/-, P/B 4.98, RoNW 14.68%, and market cap N/A.

To apply for EPACK Durable Limited IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.

You can check the live subscription status of EPACK Durable Limited IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.

Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.

If you pre-apply for EPACK Durable Limited IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.

You can check EPACK Durable Limited IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the EPACK Durable Limited IPO allotment status on IPO Ji for quick and easy access.