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    5. EPACK

    EPACK Durable Limited

    CLOSED

    IPO Date: 19 Jan - 24 Jan 2024

    Listing Date: 30 Jan 2024

    Price Range

    ₹218 to ₹230 per share

    Issue Size

    640.05 Cr

    Min Investment

    ₹14,170

    Lot Size

    65 Shares

    View IPO Document

    Schedule of EPACK Durable Limited

    Issue open date

    19 Jan 2024

    Issue close date

    24 Jan 2024

    UPI mandate deadline

    24 Jan 2024 (5 PM)

    Allotment finalization

    25 Jan 2024

    Share credit

    29 Jan 2024

    Listing date

    30 Jan 2024

    Mandate end date

    8 Feb 2024

    Issue size

    Funds Raised in the IPOAmount
    Overall640.05 Cr
    Fresh Issue0 Cr
    Offer for Sale0 Cr

    Allotment DetailsNew

    Allotment TimelineDetails
    Allotment Date25 Jan 2024
    Allotment Link{Link}

    Grey Market PremiumNew

    Grey Market Premium (GMP) is the premium at which the shares are traded in the grey market. It gives a fair idea about the listing price of the IPO shares. The GMP can be positive or negative based on the demand and supply of the shares in the grey market.

    DateIpo PriceGMPEstimated Listing Price
    11 Dec 2024₹230₹104₹334 (45%)
    10 Dec 2024₹230₹69₹299 (30%)

    Performance EPACK Durable Limited

    Issue PriceListing GainCurrent Market PriceP/L
    ₹218 to ₹230 per share₹ 706 (-9.74%) ₹ 368.160.04%

    About EPACK Durable Limited

    Incorporated in 2019, EPACK Durable Limited is an Original Design Manufacturer (ODM) of room air conditioners (RACs).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.

    Founded in2019
    Managing director
    Parent organization

    Financial Overview

    Strengths

      Risks

        Subscription Figures

        CategorySubscription (No. of times)
        Qualified Institutional Buyers (QIBs)25.59
        Non-Institutional Investors (NIIs)29.07
        Retail Individual Investors (RIIs)6.5
        EmployeeN/A
        Total16.79