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Epack Durable

Live Updates, GMP, Subscription Data, and Financial Details

IPO Overview

Listed
Dates Jan 19 to Jan 24, 2024
Price Band ₹218-230
Current GMP ₹221 (-3.91%)
Subscription 16.79 times

IPO Details

IPO Date
January 19, 2024 to January 24, 2024
Listing Date
Tuesday, January 30, 2024
Face Value
₹10 per share
Price Band
₹218 to ₹230 per share
Lot Size
65 Shares
Total Issue Size
27,828,351 shares (aggregating up to ₹640.05 Cr)
Fresh Issue
17,391,304 shares (aggregating up to ₹400.00 Cr)
Offer for Sale
10,437,047 shares of ₹10 (aggregating up to ₹240.05 Cr)
Issue Type
Book Built Issue IPO
Listing At
BSE, NSE
Share holding pre issue
78,407,387
Share holding post issue
95,798,691

IPO Subscription Details

Anchor Investors
1
Qualified Institutions
25.59
Non-Institutional Buyers
29.07
bNII (bids above ₹10L)
31.60
sNII (bids below ₹10L)
21.74
Retail Investors
6.50
Total **
16.79

Day Wise Sub

DayDay 1 Jan 19, 2024
QIB0.01
NII0.85
Retail1.24
Total0.80
DayDay 2 Jan 23, 2024
QIB0.17
NII8.19
Retail3.99
Total3.80
DayDay 3 Jan 24, 2024
QIB25.59
NII29.07
Retail6.50
Total16.79

Day Wise GMP

Date30-01-2024
Price230.00
GMP5 (2.17%)
Estimate List Price235
Date29-01-2024
Price230.00
GMP5 (2.17%)
Estimate List Price235
Date28-01-2024
Price230.00
GMP3 (1.3%)
Estimate List Price233
Date27-01-2024
Price230.00
GMP5 (2.17%)
Estimate List Price235
Date26-01-2024
Price230.00
GMP10 (4.35%)
Estimate List Price240
Date25-01-2024
Price230.00
GMP18 (7.83%)
Estimate List Price248
Date24-01-2024
Price230.00
GMP21 (9.13%)
Estimate List Price251
Date23-01-2024
Price230.00
GMP27 (11.74%)
Estimate List Price257
Date22-01-2024
Price230.00
GMP28 (12.17%)
Estimate List Price258
Date21-01-2024
Price230.00
GMP28 (12.17%)
Estimate List Price258
Date20-01-2024
Price230.00
GMP28 (12.17%)
Estimate List Price258
Date19-01-2024
Price230.00
GMP31 (13.48%)
Estimate List Price261
Date18-01-2024
Price230.00
GMP31 (13.48%)
Estimate List Price261
Date17-01-2024
Price230.00
GMP15 (6.52%)
Estimate List Price245
Date16-01-2024
Price230.00
GMP0 (0%)
Estimate List Price230

IPO Important Dates

IPO Open Date
Friday, January 19, 2024
IPO Close Date
Wednesday, January 24, 2024
Basis of Allotment
Thursday, January 25, 2024
Initiation of Refunds
Monday, January 29, 2024
Credit of Shares to Demat
Monday, January 29, 2024
Listing Date
Tuesday, January 30, 2024
Cut-off time for UPI mandate confirmation
5 PM on January 24, 2024

IPO Lot Size

ApplicationRetail (Min)
Lots1
Shares65
Amount₹14,950
ApplicationRetail (Max)
Lots13
Shares845
Amount₹194,350
ApplicationS-HNI (Min)
Lots14
Shares910
Amount₹209,300
ApplicationS-HNI (Max)
Lots66
Shares4,290
Amount₹986,700
ApplicationB-HNI (Min)
Lots67
Shares4,355
Amount₹1,001,650

Financial Information

Period EndedPeriod Ended
30 Sep 202330 Sep 2023
31 Mar 202331 Mar 2023
31 Mar 202231 Mar 2022
Period EndedAssets
30 Sep 20231,071.45
31 Mar 20231,464.16
31 Mar 20221,076.68
Period EndedRevenue
30 Sep 2023616.32
31 Mar 20231,540.25
31 Mar 2022927.34
Period EndedProfit After Tax
30 Sep 20232.65
31 Mar 202331.97
31 Mar 202217.43
Period EndedNet Worth
30 Sep 2023478.31
31 Mar 2023313.62
31 Mar 2022121.87
Period EndedTotal Borrowing
30 Sep 2023369.57
31 Mar 2023492.45
31 Mar 2022383.98

Key Performance Indicator

ROE
14.68%
ROCE
11.85%
Debt/Equity
1.58
RoNW
14.68%
P/BV
4.98
EPS (Rs)
4.08

IPO Reservation

Investor CategoryAnchor Investor Shares Offered
Shares Offered8,348,504 (30.00%)
Maximum AllotteesNA
Investor CategoryQIB Shares Offered
Shares Offered5,565,670 (20.00%)
Maximum AllotteesNA
Investor CategoryNII (HNI) Shares Offered
Shares Offered4,174,253 (15.00%)
Maximum Allottees
Investor CategorybNII > ₹10L
Shares Offered2,882,835 (10.36%)
Maximum Allottees3,167
Investor CategorysNII < ₹10L
Shares Offered1,391,418 (5.00%)
Maximum Allottees1,529
Investor CategoryRetail Shares Offered
Shares Offered9,739,923 (35.00%)
Maximum Allottees149,844
Investor CategoryTotal Shares Offered
Shares Offered27,828,350 (100%)
Maximum Allottees

Information about company

Incorporated in 2019, 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.

Disclaimer

All matter published here is purely for educational and information purposes only and under no circumstances should be used for making investment decisions. We are not a SEBI Registered analyst. Readers must consult a qualified financial advisor prior to making any actual investment decisions, based on Information published on this application. No financial information whatsoever published anywhere, within this application, should be considered as advice to buy or sell securities or invest in IPOs, or as a guide to doing so in any way whatsoever Please read all Tearms and conditions , and agree to use the App