The EPACK Durable IPO commenced on January 19, 2024, and concluded on January 23, 2024. The allotment of shares took place on January 24, 2024, and the initiation of refunds began on January 25, 2024. The shares were credited to the demat accounts of investors on January 25, 2024. Finally, the listing of EPACK Durable on the stock exchange occurred on January 29, 2024.
The EPACK Durable IPO was priced at ₹218 to ₹230 per share, with a lot size of 65 shares. The total issue size was ₹640.05 crores, comprising a fresh issue of ₹400.00 crores and an offer for sale of ₹240.05 crores. The IPO was listed on both the NSE and BSE.
In terms of quota reservations, the QIB (Qualified Institutional Buyers) quota was reserved for 50% of the shares, the NII (Non-Institutional Investors) quota was reserved for 15% of the shares, and the retail quota was reserved for 35% of the shares.
EPACK Durable IPO Basic Details
| Company Name | EPACK Durable Limited |
| EPACK Durable IPO GMP Today | ₹34 |
| EPACK Durable IPO Listing Gain | 14.78% |
| EPACK Durable IPO Open Date | January 19, 2024 |
| EPACK Durable IPO Close Date | January 23, 2024 |
| EPACK Durable IPO Allotment Date | January 24, 2024 |
| EPACK Durable IPO Listing Date | 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 |
| Company Promoters | Bajrang Bothra, Laxmi Pat Bothra, Sanjay Singhania, and Ajay DD Singhania |
EPACK Durable IPO GMP Today:
| Date | GMP | Listing Gain | Kostak | Subject to |
| Today | ₹34 | 14.78% | – | – |
| 18 January 2023 | ₹34 | 14.78% | – | – |
EPACK IPO Details:
EPACK Durable Limited started in 2019 and focuses on making room air conditioners (RAC). Besides RACs, they also create parts like sheet metal pieces, injection-molded parts, fans, and PCBA components, all of which are essential for making RACs. Lately, they’ve expanded into the small domestic appliance (SDA) market. They’re working on and producing induction hobs, blenders, and water dispensers to meet the demand for these items.
The company operates in Dehradun with four units (Unit I, Unit II, Unit III, and Unit IV) and one manufacturing facility in Bhiwadi, Rajasthan. As of March 31, 2023, they can produce 0.90 million IDUs, 0.66 million ODUs, 0.36 million ODU kits, and 0.42 million WACs annually. Additionally, they can manufacture 0.11 million water dispensers, 1.2 million induction hobs, and 0.30 million mixers and components.
By the end of March 2023, the company employed 734 full-time workers, including engineers, university graduates, and diploma students.
EPACK Durable IPO More Details Click Here
EPACK Durable IPO FAQs
When is EPACK Durable IPO open?
EPACK Durable IPO will open on 19 January 2024.
When is EPACK Durable IPO Close?
EPACK Durable IPO will be closed on 23 January 2024.
What is EPACK Durable IPO GMP Today?
The EPACK Durable IPO GMP aka Grey Market Premium is ₹34.
What is EPACK Durable IPO Kostak Rates Today?
The EPACK Durable IPO Kostak Rate is ₹000.
What is EPACK Durable IPO Subject to Sauda Price Today?
The EPACK Durable IPO subject to sauda rates is ₹000.
EPACK Durable IPO Expected Returns?
The EPACK Durable expected return is 14.78%.
How much will be the listing gain in EPACK Durable IPO?
EPACK Durable IPO will get listing gain of 14.78%. (Approx.)
