The EPACK Durable IPO started on January 19, 2024, and ended on January 23, 2024. Shares were allocated on January 24, 2024, and refund processes began on January 25, 2024. On January 25, 2024, the shares were credited to investors demat accounts. EPACK Durable was officially listed on the stock exchange on January 29, 2024.
During the IPO, EPACK Durable offered shares at a price range of ₹218 to ₹230 per share, and the lot size was 65 shares. The total issue size was ₹640.05 crores, with ₹400.00 crores from new shares and ₹240.05 crores from shares for sale. The IPO was listed on both the NSE and BSE.
Regarding share reservations, 50% of the shares were allocated to Qualified Institutional Buyers (QIB), 15% were reserved for Non-Institutional Investors (NII), and 35% were set aside for retail investors.
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EPACK Durable IPO Subscription Status
The EPACK Durable IPO on January 19, 2023 was subscribed 0.80 times, with the retail category being subscribed 1.24 times, the NII (Non-Institutional Investor) category being subscribed 0.85 times, the QIB (Qualified-Institutional Buyers) category being subscribed 0.01 times.
| Category | Subscription |
| QIB | 0.01x |
| NII | 0.85x |
| Retail | 1.24x |
| Employee | 0.80x |
EPACK IPO Basic Details
| Company Name | EPACK Durable Limited |
| 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 |
About EPACK Durable Limited
EPACK Durable Limited started in 2019. We make room air conditioners (RAC) and parts like sheet metal pieces, injection molded parts, fans, and PCBA components for RACs. We’ve also expanded into the small domestic appliance (SDA) market, making things like induction hobs, blenders, and water dispensers, especially because RACs are in demand during certain times of the year.
We have four production facilities in Dehradun (Unit I, Unit II, Unit III, and Unit IV) and one in Bhiwadi, Rajasthan. As of March 31, 2023, we can make 0.90 million IDUs, 0.66 million ODUs, 0.36 million ODU kits, and 0.42 million WACs. We also produce 0.11 million water dispensers, 1.2 million induction hobs, and 0.30 million mixers and their parts each year.
By March 31, 2023, our team had 734 full-time employees, including engineers, university graduates, and diploma students.
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EPACK Durable IPO FAQs
What is the start and end date of EPACK Durable IPO Subscription?
The EPACK Durable IPO started on January 19, 2024 and ended on January 23, 2024.
When does EPACK Durable IPO Subscription open?
The EPACK Durable IPO open on January 19, 2024.
When does EPACK Durable IPO Subscription close?
The EPACK Durable IPO Close on January 23, 2024.
What is the allotment date of EPACK Durable IPO?
The allotment date for EPACK Durable IPO is January 24, 2024.
When is the initial refund date of EPACK Durable IPO?
The initial Refund date for EPACK Durable IPO is January 25, 2024.
When were the shares credited to investors demat accounts for the EPACK Durable IPO?
The shares for the EPACK Durable IPO were credited to investors demat accounts on January 25, 2024.
When will EPACK Durable IPO be listed on the stock market?
EPACK Durable IPO stock market will be listed on January 29, 2024 at 10 am.
What was the price range of the EPACK Durable IPO shares?
The EPACK Durable IPO shares were offered at a price range of ₹ per share.
What was the lot size for the EPACK Durable IPO shares?
The lot size for the EPACK Durable IPO shares was 65 shares.
What was the total issue size of the EPACK Durable IPO?
The total issue size of the EPACK Durable IPO was ₹218 to ₹230 crores.
How were the shares allocated among different types of investors for the EPACK Durable IPO?
50% of the shares were allocated to Qualified Institutional Buyers (QIB), 15% were reserved for Non-Institutional Investors (NII), and 35% were set aside for retail investors.
On which stock exchanges was the EPACK Durable IPO listed?
The EPACK Durable IPO was listed on both the NSE and BSE.
What is the EPACK Durable IPO Subscription Status?
EPACK Durable IPO is subscribed 0.80 Times.
