EPACK Durable IPO Date, Review, Price, Allotment Details

EPACK Durable is the fastest growing room air conditioner original design manufacturer (“ODM”) based on volume growth manufactured between Fiscals 2020 and 2023 in India (Source: F&S Report). Further, they are the second largest ODM manufacturer in the Indian room air conditioner manufacturing market, with a market share of 29% in terms of volume manufactured in Fiscal 2023 (this does not include the units that are imported as kits and gas filling is done in India). (Source: F&S Report).

They are a customer-centric business driven by a focus on continuing innovation and operational efficiency. Since 2003, they have been on a journey of evolution, where they initially started as an OEM for RAC brands. Driven by their focus on product development and innovation, they evolved into an ODM partner for RACs for their customers.

EPACK Durable also identified the opportunity to increase their value addition in their offerings to customers, and accordingly, started manufacturing various components such as sheet metal, injection molded, cross flow fans, and PCBA components which are actively used in the manufacturing of RACs. In parallel, they capitalized on their existing manufacturing infrastructure to strategically expand their operations in the small domestic appliances (“SDA”) market, particularly considering the seasonality of the demand for RACs, and currently design and manufacture induction cooktops, mixer-grinders, and water dispensers. This evidences their continued focus on the backward integration of their operations and diversification of their revenue streams.

Objects of the 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 Review (Apply or Not)

• May Apply

Brokerage Firm IPO Review

• Arihant Capital Markets: Apply
• BP Equities (BP Wealth): Apply
• Choice Equity Broking: Apply
• InCred Equities: Avoid
• Swastika Investmart: May apply

EPACK Durable IPO Date & Price Band Details

EPACK Durable IPO Market Lot

The EPACK Durable IPO minimum market lot is 65 shares with ₹14,950 application amount. The retail investors can apply up-to 13 lots with 845 shares or ₹194,350 amount.

EPACK Durable IPO Allotment & Listing Dates

The EPACK Durable IPO date is January 19 and the close date is January 24. The EPACK Durable IPO allotment will be finalized on January 25 and the IPO listing on January 30.

You can check IPO subscription status and IPO allotment status on their respective pages.

EPACK Durable IPO Form

How to apply for the EPACK Durable IPO? You can apply for EPACK Durable IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the EPACK Durable IPO in the Invest section. The other option is you can apply for EPACK Durable IPO via IPO forms downloaded via NSE and BSE. Check out the EPACK Durable forms – Click BSE Forms & NSE Forms blank IPO forms download, fill, and submit in your bank or with your broker.

EPACK Durable Company Financial Report

EPACK Durable IPO Valuation – FY2023

Check EPACK Durable IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.

Peer Group

• Amber Enterprises India Ltd
• PG Electroplast Limited
• Dixon Technologies (India) Ltd
• Elin Electronics Ltd

Company Promoters

• Bajrang Bothra
• Laxmi Pat Bothra
• Sanjay Singhania
• Ajay DD Singhania

EPACK Durable IPO Registrar

Kfin Technologies Limited
Phone: 04067162222, 04079611000
Email: [email protected]
Website: https://kosmic.kfintech.com/

EPACK Durable IPO Allotment Status Check

Check EPACK Durable IPO allotment status on Kfin Technologies website allotment URL. Click Here

EPACK Durable IPO Lead Managers aka Merchant Bankers

• Axis Capital Limited
• Dam Capital Advisors Ltd
• ICICI Securities Limited

Company Address

EPACK Durable Limited
61-B, Udyog Vihar, Surajpur,
asna Road, Greater Noida,
Gautam Buddha Nagar – 201 306
Phone: +91 120 2569078
Email: [email protected]
Website: https://epackdurable.com/

EPACK Durable IPO FAQs