EPACK Durable Limited IPO

Mainboard

Household Appliances

Listed On: Jan 30, 2024 at ₹ 221.0(NSE)

₹ 14950 /65 Shares

Check Allotment

Price Summary

Last Closing

394.45 (71.5%)

52 Week High

515.00

52 Week Low

150.60

Last Update

22-Nov-2024 3:30 PM

EPACK Durable Limited IPO Details

19 Jan, 2024

Open Date

24 Jan, 2024

Close Date

25 Jan, 2024

Allotment Date

30 Jan, 2024

Listing Date

Issue Price

₹218-230 per equity share

Face Value

₹10 Per Equity Share

Listing at Group

BSE, NSE

Registrar

Kfin Technologies Limited

List Price

221.0(NSE)

Listing Date

2024-01-30

Market 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 Limited
Dam 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 times

IPO Docs

DRHP RHP

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

Total No. of Applications: 8,49,787 (Approx)

Retail Subscription on the basis of Applications: 5.67 times

EPACK Durable Limited Valuations

EPS Pre IPO

₹4.08/-

EPS Post IPO

₹/-

P/E Pre IPO

56.4

P/E Post IPO

415.1

RoNW

14.68%

EPACK 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

About The Company

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

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.

	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%

Company Promoter(s)

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

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 - 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.