EPACK Durable Limited
CLOSEDIPO Date: 19 Jan - 24 Jan 2024
Listing Date: 30 Jan 2024
Price Range
₹218 to ₹230 per share
Issue Size
640.05 Cr
Min Investment
₹14,170
Lot Size
65 Shares
Schedule of EPACK Durable Limited
Issue open date
19 Jan 2024
Issue close date
24 Jan 2024
UPI mandate deadline
24 Jan 2024 (5 PM)
Allotment finalization
25 Jan 2024
Share credit
29 Jan 2024
Listing date
30 Jan 2024
Mandate end date
8 Feb 2024
Issue size
| Funds Raised in the IPO | Amount |
|---|---|
| Overall | 640.05 Cr |
| Fresh Issue | 0 Cr |
| Offer for Sale | 0 Cr |
Allotment DetailsNew
| Allotment Timeline | Details |
|---|---|
| Allotment Date | 25 Jan 2024 |
| Allotment Link | {Link} |
Grey Market PremiumNew
Grey Market Premium (GMP) is the premium at which the shares are traded in the grey market. It gives a fair idea about the listing price of the IPO shares. The GMP can be positive or negative based on the demand and supply of the shares in the grey market.
| Date | Ipo Price | GMP | Estimated Listing Price |
|---|---|---|---|
| 11 Dec 2024 | ₹230 | ₹104 | ₹334 (45%) |
| 10 Dec 2024 | ₹230 | ₹69 | ₹299 (30%) |
Performance EPACK Durable Limited
| Issue Price | Listing Gain | Current Market Price | P/L |
|---|---|---|---|
| ₹218 to ₹230 per share | ₹ 706 (-9.74%) | ₹ 368.1 | 60.04% |
About EPACK Durable Limited
Incorporated in 2019, EPACK Durable Limited is an Original Design Manufacturer (ODM) of room air conditioners (RACs).The company also manufactures components such as sheet metal parts, injection moulded parts, cross-flow fans, and PCBA components that are actively used in the production of RACs. The company has expanded its business into the small domestic appliance (SDA) market, particularly given the seasonal demand for RACs, and is currently developing and producing 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 on 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.As at March 31, 2023, the company had 734 full-time employees, including engineers, university graduates and diploma students.
| Founded in | 2019 |
| Managing director | |
| Parent organization |
Financial Overview
Strengths
Risks
Subscription Figures
| Category | Subscription (No. of times) |
|---|---|
| Qualified Institutional Buyers (QIBs) | 25.59 |
| Non-Institutional Investors (NIIs) | 29.07 |
| Retail Individual Investors (RIIs) | 6.5 |
| Employee | N/A |
| Total | 16.79 |