EPACK Durable IPO Date, Review, Price, Allotment Details

EPACK Durable IPO Details: EPACK Durable IPO date is fixed, the IPO is to hit the market on January 19 and will close on January 24. EPACK Durable IPO to raise around ₹640 crores via IPO that comprises fresh issue of ₹400 crores and offer for sale up to 10,437,047 equity shares of ₹10 each. The retail quota is 35%, QIB is 50%, and HNI is 15%.

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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

IPO Open:January 19, 2024
IPO Close:January 24, 2024
IPO Size:Approx ₹640 Crores
Fresh Issue:Approx ₹400 Crores
Offer for Sale:Approx 10,437,047 Equity Share
Face Value:₹10 Per Equity Share
IPO Price Band:₹218 to ₹230 Per Share
IPO Listing on:BSE & NSE
Retail Quota:35%
QIB Quota:50%
 NII Quota:15%
DRHP Draft Prospectus:Click Here
RHP Draft Prospectus:Click Here
Anchor Investors List:Click Here

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.

ApplicationLot SizeSharesAmount
Retail Minimum165₹14,950
Retail Maximum13845₹194,350
S-HNI Minimum14910₹209,300
B-HNI Minimum674,355₹1,001,650

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.

Anchor Investors Allotment:January 18, 2024
IPO Open Date:January 19, 2024
IPO Close Date:January 24, 2024
Basis of Allotment:January 25, 2024
Refunds:January 29, 2024
Credit to Demat Account:January 29, 2024
IPO Listing Date:January 30, 2024

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

  ₹ in Crores

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.

Earning Per Share (EPS):₹4.71 per Equity Share
Price/Earning P/E Ratio:N/A
Return on Net Worth (RoNW):14.68%
Net Asset Value (NAV):₹46.21 per Equity Share

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/


What is EPACK Durable IPO?

EPACK Durable IPO is a main-board IPO. They are going to raise ₹640 Crores via IPO. The issue is priced at ₹218 to ₹230 pr equity share. The IPO is to be listed on BSE & NSE.

When EPACK Durable IPO will open?

The IPO is to open on January 19, 2024 for QIB, NII, and Retail Investors.

What is EPACK Durable IPO Investors Portion?

The investors’ portion for QIB is 50%, NII is 15%, and Retail is 35%.

How to Apply the EPACK Durable IPO?

You can apply for EPACK Durable IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.

How to Apply the EPACK Durable IPO through Zerodha?

Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on IPO. You will see the IPO Name “EPACK Durable”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Zerodha.

How to Apply the EPACK Durable IPO through Upstox?

Log in to the Upstox Application with your credentials. Select the IPO. You will see the IPO Name “EPACK Durable”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox.

How to Apply the EPACK Durable IPO through Paytm Money?

Log in to Paytm Money Application with your credentials. Select the IPO. You will see the IPO Name “EPACK Durable”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Paytm Money.

What is EPACK Durable IPO Size?

EPACK Durable IPO size is ₹640 crores.

What is EPACK Durable IPO Price Band?

EPACK Durable IPO Price Band is ₹218 to ₹230.

What is the EPACK Durable IPO Allotment Date?

EPACK Durable IPO allotment date is January 25, 2024.

What is the EPACK Durable IPO Listing Date?

EPACK Durable IPO listing date is January 30, 2024. The IPO is to list on BSE and NSE.

Note: The EPACK Durable IPO price band and date are officially announced yet. The IPO grey market premium (EPACK Durable IPO Premium) will be added to the IPO grey market page as it will start).
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