EPACK Durable Limited IPO
MainboardHousehold Appliances
Listed On: Jan 30, 2024 at ₹ 221.0(NSE)
₹ 14950 /65 Shares
Check AllotmentPrice Summary
Last Closing
347.50 (51.09%)52 Week High
669.9552 Week Low
228.00Last Update
25-Jun-2025 3:30 PM19 Jan, 2024
Open Date24 Jan, 2024
Close Date25 Jan, 2024
Allotment Date30 Jan, 2024
Listing DateIssue Price
₹218-230 per equity shareFace Value
₹10 Per Equity ShareListing at Group
BSE, NSERegistrar
Kfin Technologies LimitedList Price
221.0(NSE)Listing Date
2024-01-30Market Lot
Retail : 65 Shares (₹14,950/-)S-HNI : 910 Shares (₹2,09,300/-)
B-HNI : 4,355 Shares (₹10,01,650/-)
Lead Manager
Axis Capital LimitedDam Capital Advisors Ltd (Formerly Idfc Securities Ltd)
ICICI Securities Limited
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)
Retail Portion
35% (Number of Retail Applications: 1,49,845 Approx),(Number of S-HNI Applications : 1,529 Approx),
(Number of B-HNI Applications : 3,058 Approx)
Subscription
16.37 timesEPACK Durable Limited IPO Details
EPACK Durable Limited IPO is a book-built issue of ₹640.05 crores, The total issue size is ₹640.05 crores. The IPO of EPACK Durable Limited is priced at ₹218-230 per equity share, which has a face value of ₹10 Per Equity Share each, IPO bidding starts from Jan 19, 2024 and ends on Jan 24, 2024. The allotment for EPACK Durable Limited IPO will be finalized on Jan 25, 2024. EPACK Durable Limited IPO will be listed on BSE, NSE, with a tentative listing date fixed as Jan 30, 2024. The company shall list its equity shares on the BSE, NSE. Kfin Technologies Limited is the registrar of the issue.
Retail investors can bid for a minimum of 65 shares, extendable to 14,950. S-HNIs will be able to bid for 910 shares at ₹2,09,300, while B-HNIs can also apply for a bid of 4,355 shares at ₹10,01,650. The book-running lead manager for the IPO is/are Axis Capital Limited , Dam Capital Advisors Ltd (Formerly Idfc Securities Ltd) , ICICI Securities Limited .
The total issue ₹640.05 crore, comprising a fresh issue of 1,73,91,304 shares ₹400 crore and an Offer for Sale (OFS) of 1,04,37,047 shares to mop up ₹240.05 crore.
The EPACK Durable Limited IPO sets its price band at 218-230 for each share. A single application for EPACK Durable Limited IPO must contain at least 65 shares. Sentiment investors need to invest a minimum of 65 through their retail account. For investors to prevent oversubscription issues, they should submit bids at the cutoff price, which estimates about ₹14,950 In order to participate in the sNII, investors must purchase at least 14 lots of 910 shares for ₹2,09,300, while the bNII requires 67 lots of 4,355 shares for an investment of ₹10,01,650.
EPACK Durable Limited IPO Subscription Details
| As on | QIB | NII bNII sNII | 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 | 0.82 0.66 x 1.15 x | 1.17 x | 0.77 x |
| Day 2 - 23-01-24 05:00 PM | 0.17 x | 7.90 7.73 x 8.25 x | 3.81 x | 3.68 x |
| Day 3 - 24-01-24 05:00 PM | 25.50 x | 28.10 31.64 x 21.01 x | 6.29 x | 16.37 x |
EPACK Durable Limited Valuations
EPS Pre IPO
₹4.08/-EPS Post IPO
₹0.55/-P/E Pre IPO
56.4P/E Post IPO
415.1ROE
14.68%ROCE
11.85%Debt/Equity
1.58RoNW
14.68%Price to Book Value
4.98EPACK Durable Limited Company Financials All values are in ₹ Cr.
| 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 |
About The Company
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 - Peers Comparison
| P/B Ratio | P/E Ratio | RoNW | Net Worth | |
|---|---|---|---|---|
| EPACK Durable | 3.77 | 56.4 | 14.68% | 1,540 |
| Dixon Tech | 26.2 | 124 | 22.5% | 12,192 |
| Amber Enterprises | 6.53 | 81 | 8.75% | 6,927 |
| PG Electroplast | 5.70 | 53.8 | 22.0% | 2,160 |
| Elin Electronics | 1.67 | 59.1 | 6.66% | 1,075 |
EPACK Durable Limited - Promoter(s)
Pre Issue Share Holding: 85.49%
Post Issue Share Holding: 65.36%
- Bajrang Bothra
- Laxmi Pat Bothra
- Sanjay Singhania
- Ajay DD Singhania
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
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.
Other Details
EPACK Durable Limited
61-B, Udyog Vihar, Surajpur, Kasna Road, Greater Noida, Gautam Buddha Nagar - 201 306Kfin Technologies Limited
Phone: 04067162222, 04079611000
Email: epack.ipo@kfintech.com
EPACK Durable Limited IPO - FAQs
Ans. EPACK Durable Limited IPO is a Mainboard IPO. The issue is priced at ₹218-230 per equity share. The minimum order quantity is 65 Shares. The IPO opens on Jan 19, 2024, and closes on Jan 24, 2024. Kfin Technologies Limited is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
Ans. The EPACK Durable Limited IPO opens on Jan 19, 2024 and closes on Jan 24, 2024.
Ans. The size of EPACK Durable Limited IPO is 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).
Ans. The IPO price band is set between ₹218-230 per equity share.
Ans. To apply for EPACK Durable Limited IPO IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find EPACK Durable Limited IPO in the List of IPOs
- - Press "Apply" Button
- - Select Your Demat Account
- - Select Your Shares Quantity and Submit
- - Track Your IPO Status
Ans. The share allotment date of EPACK Durable Limited IPO is Jan 25, 2024.
Ans. The EPACK Durable Limited IPO will be listed on Jan 30, 2024.
Ans. Follow the steps to check the allotment status for EPACK Durable Limited IPO here.
