{"id":5581,"date":"2024-01-16T11:25:53","date_gmt":"2024-01-16T05:55:53","guid":{"rendered":"https:\/\/lakshmishree.com\/blog\/?p=5581"},"modified":"2024-01-18T09:17:45","modified_gmt":"2024-01-18T03:47:45","slug":"epack-durable-ipo-details","status":"publish","type":"post","link":"https:\/\/lakshmishree.com\/blog\/epack-durable-ipo-details\/","title":{"rendered":"EPACK Durable IPO Details - Complete Overview of EPACK Durable Limited IPO"},"content":{"rendered":"\n

EPACK Durable IPO Price: <\/strong>\u20b9218 - \u20b9230
IPO Date Range:<\/strong> Jan 19, 2024 - Jan 23, 2024<\/p>\n\n\n\n

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\"EPACK<\/figure>\n<\/div><\/div>\n<\/div>\n<\/div>\n\n\n\n
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Foundation & Business Essence<\/h2>\n\n\n\n

EPACK Durable Limited, founded in 2019, specializes in serving as an original design manufacturer (ODM) exclusively focused on producing room air conditioners (RAC).<\/p>\n<\/div>\n<\/div>\n\n\n\n

Product Portfolio<\/h2>\n\n\n\n

In addition to being an Original Design Manufacturer (ODM) for room air conditioners (RAC), EPACK Durable Limited broadens its scope by producing essential components vital for RAC manufacturing. These components include sheet metal parts, injection-molded parts, cross-flow fans, and PCBA components, all of which play integral roles in the production of high-quality RACs.<\/p>\n\n\n\n

Market Expansion<\/h2>\n\n\n\n

Recognizing the seasonal nature of RAC demand, EPACK Durable Limited strategically expands its business ventures into the small domestic appliance (SDA) market. This diversification is aimed at capitalizing on market trends and enhancing the company's overall competitiveness. Currently, the company is actively engaged in the development and manufacturing of various SDA products, including induction hobs, blenders, and water dispensers.<\/p>\n\n\n\n

This strategic move not only leverages the company's existing expertise but also positions EPACK Durable Limited to cater to a broader consumer base, ensuring sustained growth and adaptability to market dynamics.<\/p>\n\n\n\n

Production Infrastructure<\/h2>\n\n\n\n

EPACK Durable Limited operates five production facilities strategically distributed between Dehradun and Bhiwadi, Rajasthan. These include Dehradun Units I, II, III, and IV, each playing a crucial role in the company's manufacturing operations. The additional facility in Bhiwadi, Rajasthan, serves as a complementary asset, enhancing overall production capabilities.<\/p>\n\n\n\n

Collectively, this robust production infrastructure and capacity make EPACK Durable Limited well-equipped to navigate the demands of both the air conditioning and small domestic appliance sectors, ensuring a competitive edge in the market.<\/p>\n\n\n\n

Bidding Starts In<\/h2>\n\n\n\n
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DAYS<\/div><\/div>
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HOURS<\/div><\/div>
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MINUTES<\/div><\/div>
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SECONDS<\/div><\/div><\/div>\n\n\n\n
APPLY NOW<\/span><\/path><\/svg>

Dream Big, Start with an IPO. Choose Lakshmishree.<\/p><\/a><\/div>\n\n\n\n

EPACK Durable IPO Specifics:<\/h2>\n\n\n\n
IPO Date<\/td>January 19, 2024 to January 23, 2024<\/td><\/tr>
Listing Date<\/td>Monday, January 29, 2024<\/td><\/tr>
Face Value<\/td>\u20b910 per share<\/td><\/tr>
Price Band<\/td>\u20b9218 to \u20b9230 per share<\/td><\/tr>
Lot Size<\/td>65 shares<\/td><\/tr>
Total Issue Size<\/td>30,459,194 shares
(aggregating up to \u20b9700.56 Cr)<\/td><\/tr>
Fresh Issue<\/td>17,391,304 shares
(aggregating up to \u20b9400.00 Cr)<\/td><\/tr>
Offer For Sale <\/td>13,067,890 shares of \u20b910
(aggregating up to \u20b9300.56 Cr)<\/td><\/tr>
Issue Type<\/td>Book Built Issue IPO<\/td><\/tr>
Listing At<\/td>BSE, NSE<\/td><\/tr>
Share holding pre issue<\/td>78,407,387<\/td><\/tr>
Share holding post issue<\/td>95,798,691<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

EPACK Durable IPO Lot Size<\/h2>\n\n\n\n

Investors have the option to bid for a minimum of 65 shares, and they can bid in multiples of this amount. The table below outlines the minimum and maximum investment amounts for retail investors and HNIs, both in terms of shares and total value.<\/p>\n\n\n\n

Application<\/th>Lots<\/th>Shares<\/th>Amount<\/th><\/tr><\/thead>
Retail (Min)<\/td>1<\/td>65<\/td>\u20b914,950<\/td><\/tr>
Retail (Max)<\/td>13<\/td>845<\/td>\u20b9194,350<\/td><\/tr>
S-HNI (Min)<\/td>14<\/td>910<\/td>\u20b9209,300<\/td><\/tr>
S-HNI (Max)<\/td>66<\/td>4,290<\/td>\u20b9986,700<\/td><\/tr>
B-HNI (Min)<\/td>67<\/td>4,355<\/td>\u20b91,001,650<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

EPACK Durable IPO Reservation<\/h2>\n\n\n\n
QIB Shares Offered<\/td>Not more than 50% of the Net Issue<\/td><\/tr>
Retail Shares Offered<\/td>Not less than 35% of the Net Issue<\/td><\/tr>
NII (HNI) Shares Offered<\/td>Not less than 15% of the Net Issue<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

EPACK Durable IPO Timetable (Important Dates)<\/h2>\n\n\n\n
IPO Open Date<\/td>Friday, January 19, 2024<\/td><\/tr>
IPO Close Date<\/td>Tuesday, January 23, 2024<\/td><\/tr>
Basis of Allotment<\/td>Wednesday, January 24, 2024<\/td><\/tr>
Initiation of Refunds<\/td>Thursday, January 25, 2024<\/td><\/tr>
Credit of Shares to Demat<\/td>Thursday, January 25, 2024<\/td><\/tr>
Listing Date<\/td>Monday, January 29, 2024<\/td><\/tr>
Cut-off time for UPI mandate confirmation<\/td>5 PM on January 23, 2024<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

Don't Miss Out!<\/h2>
<\/div>

Whether you're a seasoned investor or just starting out, Lakshmishree ensures you don't miss out on premier IPO opportunities. Dive into the future of investing with Lakshmishree.<\/p><\/div>\n\n\n\n

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APPLY NOW<\/a><\/div>\n<\/div>\n\n\n\n

EPACK Durable Limited IPO Financial Information<\/h2>\n\n\n\n

EPACK Durable Limited witnessed a notable financial growth, with a 66.09% increase in revenue and an 83.39% rise in profit after tax (PAT) between the financial years ending on March 31, 2023, and March 31, 2022.<\/p>\n\n\n\n

Period Ended<\/th>31 Mar 2021<\/th>31 Mar 2022<\/th>31 Mar 2023<\/th>30 Sep 2023<\/th><\/tr><\/thead>
Assets<\/td>520.37<\/td>1076.68<\/td>1464.16<\/td>1071.45<\/td><\/tr>
Revenue<\/td>739.66<\/td>927.34<\/td>1540.25<\/td>616.32<\/td><\/tr>
Profit After Tax<\/td>7.80<\/td>17.43<\/td>31.97<\/td>2.65<\/td><\/tr>
Net Worth<\/td>68.91<\/td>121.87<\/td>313.62<\/td>478.31<\/td><\/tr>
Total Borrowing<\/td>238.56<\/td>383.98<\/td>492.45<\/td>369.57<\/td><\/tr><\/tbody><\/table>
Amount in \u20b9 Crore<\/small><\/figcaption><\/figure>\n\n\n\n

Key Performance Indicator - EPACK Durable IPO<\/h2>\n\n\n\n
KPI<\/th>Values<\/th><\/tr><\/thead>
P\/E (x)<\/td>56.4<\/td><\/tr>
Market Cap (\u20b9 Cr.)<\/td>2203.37<\/td><\/tr>
ROE<\/td>14.68<\/td><\/tr>
ROCE<\/td>11.85%<\/td><\/tr>
EPS (Rs)<\/td>4.08<\/td><\/tr>
Debt\/ Equity<\/td>1.58<\/td><\/tr>
RoNW<\/td>14.68%<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

Objects of the Issue:<\/strong><\/h2>\n\n\n\n

The company intends to use the net proceeds from the Fresh Issue to finance the following purposes:<\/p>\n\n\n\n

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  1. Funding capital expenditure for expanding or establishing manufacturing facilities.<\/li>\n\n\n\n
  2. Repayment and\/or prepayment, either partially or in full, of specific outstanding loans of the company.<\/li>\n\n\n\n
  3. Addressing general corporate requirements.<\/li>\n<\/ol>\n\n\n\n

    Prospectus Links:<\/strong><\/h2>\n\n\n\n

    Prospectus:<\/strong> Official documents that provide detailed information about the IPO and the company. EPACK Durable DRHP<\/a> and EPACK Durable RHP<\/a>.<\/p>\n\n\n\n

    Frequently Asked Questions<\/strong><\/h2>\n\n\n\n
    <\/div><\/div>\n\n\n
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    What is an IPO?<\/h3>\n
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    An IPO, or Initial Public Offering, is the process by which a private company offers its shares to the public for the first time to raise capital.<\/p>\n\n<\/div>\n<\/div>\n

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    Why do companies go public with an IPO?<\/h3>\n
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    Companies go public to raise capital for expansion, reduce debt, or for other corporate purposes. It also provides liquidity to existing shareholders.<\/p>\n\n<\/div>\n<\/div>\n

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    What is the price range for the \"EPACK Durable Limited\" IPO?<\/h3>\n
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    The price range for the\"EPACK Durable Limited\" IPO is \u20b9218 to \u20b9230 per share.<\/p>\n\n<\/div>\n<\/div>\n

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    When will the \"EPACK Durable Limited\" IPO be listed on the stock exchange?<\/h3>\n
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    The \"EPACK Durable Limited\" IPO is expected to be listed on Monday, 29 January 2024.<\/p>\n\n<\/div>\n<\/div>\n

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    How to apply for an IPO with Lakshmishree?<\/h3>\n
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    To apply for an IPO with Lakshmishree:
    Go to www.lakshmishree.com\/ipo
    Select the desired IPO and fill in the required details.
    Confirm your application and make the payment.
    Once applied, you can track the status of your application on the platform or get in your registered Email ID.<\/p>\n\n<\/div>\n<\/div>\n

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    How can I check the subscription status of an IPO on Lakshmishree?<\/h3>\n
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    Log in to your Lakshmishree account and navigate to the 'IPO' section. Here, you can view live updates on the subscription status of ongoing IPOs.<\/p>\n\n<\/div>\n<\/div>\n<\/div>\n<\/div>","protected":false},"excerpt":{"rendered":"

    EPACK Durable IPO Price: \u20b9218 - \u20b9230IPO Date Range: Jan 19, 2024 - Jan 23, 2024 Foundation & Business Essence EPACK Durable Limited, founded in 2019, specializes in serving as an original design manufacturer (ODM) exclusively focused on producing room air conditioners (RAC). Product Portfolio In addition to being an Original Design Manufacturer (ODM) for […]<\/p>\n","protected":false},"author":1,"featured_media":5587,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[336],"tags":[],"class_list":["post-5581","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ipo"],"_links":{"self":[{"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/posts\/5581","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/comments?post=5581"}],"version-history":[{"count":5,"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/posts\/5581\/revisions"}],"predecessor-version":[{"id":11722,"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/posts\/5581\/revisions\/11722"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/media\/5587"}],"wp:attachment":[{"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/media?parent=5581"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/categories?post=5581"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/tags?post=5581"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}