EPACK Durable IPO Details ( EPACK Durable Limited IPO Review )
(19 Jan 2024 – 23 Jan 2024)
EPACK Durable Limited started in 2019 and focuses on making room air conditioners (RAC) as an Original Design Manufacturer (ODM).
Besides RACs, the company creates parts like sheet metal pieces, injection molded parts, cross-flow fans, and PCBA components used in making RACs. Recognizing the seasonal demand for RACs, the company has broadened its scope to the small domestic appliance (SDA) market. Currently, they’re working on induction hobs, blenders, and water dispensers.
EPACK Durable Limited operates four production units in Dehradun (Dehradun Unit I, Dehradun Unit II, Dehradun Unit III, and Dehradun Unit IV) and one in Bhiwadi, Rajasthan. As of March 31, 2023, their yearly production capacity includes 0.90 million IDUs, 0.66 million ODUs, 0.36 million ODU kits, and 0.42 million WACs. Additionally, they aim to manufacture 0.11 million water dispensers, 1.2 million induction hobs, and 0.30 million mixers and their components.
By March 31, 2023, the company employed 734 people full-time, including engineers, university graduates, and diploma students.
EPACK Durable Limited IPO Competitive Strength
- Long-standing relationships with established customers, with potential to expand our customer base
- Among the key manufacturers in the fast-growing RAC and SDA manufacturing industries
- Advanced vertically integrated manufacturing operations with product portfolio aimed at capturing the full spectrum of the RAC and SDA value chain
- Robust product development and design optimisation capabilities
- Experienced Promoters supported by senior management team with proven track record of performance
EPACK Durable IPO Financials Performance ( Results )
EPACK Durable Limited Financial Information (Restated)
All Amount in ₹ Crores
| Period Ended | Total Assets | Total Revenue | PAT | EPS (₹) | Net Worth | Reserves | Borrowing |
| 31-Mar-21 | 520.37 | 739.66 | 7.80 | 1.62 | 68.91 | 238.56 | |
| 31-Mar-22 | 1,076.68 | 927.34 | 17.43 | 3.47 | 121.87 | 383.98 | |
| 31-Mar-23 | 1,464.16 | 1,540.25 | 31.97 | 4.64 | 313.62 | 492.45 | |
| 30-Sep-23 | 1,071.45 | 616.32 | 2.65 | 0.34 | 478.31 | 369.57 |
Objective of EPACK Durable IPO Issue
- 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 IPO Basic Details
| IPO Date | Jan 19, 2024 to Jan 23, 2024 |
| Listing Date | Monday, January 29, 2024 |
| Face Value | ₹10 per share |
| Price | ₹218 to ₹230 per share |
| Lot Size | 65 Shares |
| Issue Size | 27,828,351 shares of ₹10 (aggregating up to ₹640.05 Cr) |
| Fresh Issue | 17,391,304 shares of ₹10 (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 | NSE, BSE |
| Share holding pre issue | 78,407,387 |
| Share holding post issue | 95,798,691 |
| Company Promoters | Bajrang Bothra, Laxmi Pat Bothra, Sanjay Singhania, and Ajay DD Singhania |
EPACK Durable IPO Reservation
| QIB Shares Offered | 50% of the Net Issue |
| NII (HNI) Shares Offered | 15% of the Net Issue |
| Retail Shares Offered | 35% of the Net Issue |
EPACK IPO Timetable
EPACK IPO will open on January 19, 2024 and close on January 23, 2024. You can join EPACK IPO at 10.00 A.M. to 5.00 p.m. Upto which mandate can be applied.
| Event | Date |
| Opening Date | 19 January 2024 (Friday) |
| Closing Date | 23 January 2024 (Tuesday) |
| Basis of Allotment | 24 January 2024 (Wednesday) |
| Initiation of Refunds | 25 January 2024 (Thursday) |
| Credit of Shares to Demat | 25 January 2024 (Thursday) |
| Listing Date | 29 January 2024 (Monday) |
| Deadline for UPI mandate confirmation | 5 PM on January 2024 |
EPACK IPO Lot Size
For retail investors in EPACK IPO, 65 shares will come in 1 lot or the minimum investment will be ₹14,950. Retail-individual investors can apply for up to 13 lots or the maximum investment will be ₹194,350.
| Application | Lots | Shares | Amount |
| Retail (Min) | 1 | 65 | ₹14,950 |
| Retail (Max) | 13 | 845 | ₹194,350 |
| S-HNI (Min) | 14 | 910 | ₹209,300 |
| S-HNI (Max) | 66 | 4,290 | ₹986,700 |
| B-HNI (Min) | 67 | 4,355 | ₹1,001,650 |
EPACK Durable IPO Promoter Holding
The company’s promoters include Bajrang Bothra, Laxmi Pat Bothra, Sanjay Singhania, and Ajay DD Singhania.
| Pre Issue Share Holding | 85.49% |
| Post Issue Share Holding | 65.36% |
EPACK Durable Ltd IPO Key Performance Indicator ( Valuation )
In the table given below, all the figures have been told according to the latest financial year.
| KPI | Values |
| Market Cap (₹ Cr.) | 2203.37 |
| Earning Per Share (EPS) | ₹4.64 per Equity Share |
| Net Asset Value (NAV) | ₹46.21 per Equity Share |
| P/E Ratio (P/E) (x) | 56.4 |
| Post P/E Ratio (P/E) (x) | 415.1 |
| Return on Net Worth (RoNW) (%) | 14.68 |
| Return on equity (ROE) (%) | 14.68 |
| Return on Capital Employed (ROCE) (%) | 11.85 |
| Debt/Equity Ratio | 1.58 |
EPACK Durable Ltd Peer Comparison
| Company Name | Consolidated/ Standalone | CMP (₹) | Face Value | EPS (₹) | P/E Ratio | RoNW (%) | NAV (₹) |
| EPACK Durable Limited | Consolidated | 230 | 10 | 4.64 | 415.1 | 14.68 | 46.21 |
| Peer Group | |||||||
| Amber Enterprises India Ltd | Consolidated | 3,092.40 | 10 | 46.66 | 66.28 | 8.79 | 579.94 |
| PG Electroplast Limited | Consolidated | 2,271.65 | 10 | 33.77 | 67.27 | 21.88 | 174.09 |
| Dixon Technologies (India) Ltd | Consolidated | 5,964.90 | 2 | 42.62 | 139.96 | 22.36 | 215.69 |
| Elin Electronics Ltd | Consolidated | 152.75 | 5 | 6.29 | 24.28 | 6.73 | 99.30 |
EPACK Durable IPO GMP Live Update, Kostak Rate day by day
| Date | GMP | Kostak | Subject to |
| Today | ₹21 | – | – |
| 24 January 2024 | ₹21 | – | – |
| 23 January 2024 | ₹21 | – | – |
| 22 January 2024 | ₹21 | – | – |
| 21 January 2024 | ₹28 | – | – |
| 20 January 2024 | ₹31 | – | – |
| 19 January 2024 | ₹31 | – | – |
| 18 January 2024 | ₹31 | – | – |
EPACK Durable IPO Detail Video:
EPACK Durable IPO Subscription Status (Bidding Detail)
The EPACK Durable IPO on January 23, 2024 at 7:30:00 PM was subscribed 16.79 times, with the retail category being subscribed 6.50 times, the NII (Non-Institutional Investor) category being subscribed 29.07 times, QIB (Qualified-Institutional Buyers) category being subscribed 25.59 times.
| Category | Subscription |
| QIB | 25.59x |
| NII | 29.07x |
| Retail | 6.50x |
| Total | 16.79x |
EPACK Durable IPO Prospectus
| EPACK Durable IPO DRHP | Download |
| EPACK Durable IPO RHP | Download |
| EPACK Durable IPO Anchor Investors Details PDF | Download |
EPACK Durable IPO Rating
| Our Rating | 3.5/5.0 |
EPACK Durable Company Contact Information
EPACK Durable Limited
Corporate Identity Number: U74999UP2019PLC116048
Website: www.epackdurable.com
Registered Office: 61-B, Udyog Vihar, Surajpur, Kasna Road, Greater Noida, Gautam Buddha Nagar 201 306, Uttar Pradesh, India;
Corporate Office: TR – 901, AltF 142 Noida, 9th floor, Plot Number 21 and 21A, Sector 142, Noida – 201 304, Uttar Pradesh, India;
Contact Person: Esha Gupta, Company Secretary and Compliance Officer
Telephone: +91 120 496 9771
Email: investors_ed@epack.in
The Promoters of Our Company Are Bajrang Bothra, Laxmi Pat Bothra, Sanjay Singhania and Ajay Dd Singhania
EPACK Durable IPO Registrar
KFin Technologies Limited (formerly known as KFin Technologies Private Limited)
Registered Office: Selenium, Tower B, Plot No – 31 and 32 Gachibowli, Financial District Nanakramguda, Serilingampally Hyderabad 500 032, Telangana, India
Telephone: + 91 40 6716 2222 / 1800 3094001
Email: epack.ipo@kfintech.com
Investor grievance email: einward.ris@kfintech.com
Website: www.kfintech.com
Contact person: M Murali Krishna
SEBI Registration No: INR000000221
EPACK Durable IPO Lead Manager
Axis Capital Limited
Registered Office: 1st Floor, Axis House C-2 Wadia International Centre
Pandurang Budhkar Marg, Worli Mumbai 400 025, Maharashtra, India
Telephone: +91 22 4325 2183
Email: epack.ipo@axiscap.in
Investor grievance email: complaints@axiscap.in
Website: www.axiscapital.co.in
Contact Person: Sagar Jatakiya / Mayuri Arya
SEBI Registration No.: INM000012029
DAM Capital Advisors Limited
Registered Office: One BKC, Tower C, 15th Floor, Unit No. 1511 Bandra Kurla Complex, Bandra (East)
Mumbai 400 051, Maharashtra, India
Telephone: +91 22 4202 2500
Email: epack.ipo@damcapital.in
Investor grievance email: complaint@damcapital.in
Website: www.damcapital.in
Contact Person: Anurag Byas
SEBI Registration No.: MB/INM000011336
ICICI Securities Limited
Registered Office: ICICI Venture House, Appasaheb Marathe Marg, Prabhadevi
Mumbai 400 025, Maharashtra, India
Telephone: + 91 22 6807 7100
Email: epack.ipo@icicisecurities.com
Investor grievance email: customercare@icicisecurities.com
Website: www.icicisecurities.com
Contact Person: Ashik Joisar / Gaurav Mittal
SEBI Registration No.: INM000011179
EPACK Durable IPO FAQs
What is the lot size of EPACK Durable IPO?
The total size of EPACK Durable IPO is ₹640.05 crores out of which ₹400.00 crores is fresh issue and ₹240.05 crores is offer for sale (OFS).
When will EPACK Durable IPO start?
EPACK Durable IPO will open from 19 January 2024 and IPO will close on 23 January 2024.
What is the open date of EPACK Durable IPO?
EPACK Durable IPO will open date from 19 January 2024.
What is the last date ( close date ) of EPACK Durable IPO?
EPACK Durable IPO will close from 23 January 2024.
What is the price band of EPACK Durable IPO?
EPACK Durable IPO price band is ₹218 to ₹230. ( Upper Price Band: ₹230, Lower Price Band: ₹218 )
What is the minimum amount required to apply for EPACK Durable IPO?
The minimum investment for retailers to apply for EPACK Durable IPO is ₹14,950 and the maximum investment is ₹194,350.
What is going on gray market premium of EPACK Durable IPO?
View gray market premium of EPACK Durable IPO by Clicking Here
How much is the GMP of EPACK Durable IPO?
Watch EPACK Durable IPO GMP Today: Click Here
What is the allotment date of EPACK Durable IPO?
The allotment date of EPACK Durable IPO is 24 January 2024.
How to check allotment status in EPACK Durable IPO?
To check the allotment status of EPACK Durable IPO, first of all go to the registrar website by clicking here, select your bad EPACK Durable IPO name or enter your bad application number, PAN number or client ID and click on submit. ( Video Link )
What is the listing date of EPACK Durable IPO?
The listing date of EPACK Durable IPO is 29 January 2024.
How much will be the listing gain in EPACK Durable IPO?
View listing gain of EPACK Durable IPO by Clicking Here
How much time EPACK Durable IPO is subscribed?
Total 16.79 times subscribed in EPACK Durable IPO out of which 6.50 times subscription was done in retail quota, 29.07 times subscription in NII quota and 25.59 times subscription in QIB quota.
How to apply for EPACK Durable IPO from Upstox?
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How to apply for EPACK Durable PO from Zerodha?
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How to apply for EPACK Durable IPO from Angle One?
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