Current Infraprojects IPO...
20 Aug, 2025
EPACK Durable Limited IPO
EPACK Durable Ltd. (EDL) is the second largest room air conditioner original design manufacturer ("ODM '') in India in terms of number of units manufactured in Fiscal 2023 through the ODM route. It is a customer-centric business driven by a focus on continuing innovation and operational efficiency. Since 2003, EDL has been on a journey of evolution, where it initially started as an OEM for RAC brands. Driven by its focus on product development and innovation, the company evolved into an ODM partner for RACs for its customers.
It also identified the opportunity to increase value addition in its offerings to customers and accordingly, started manufacturing of various components such as sheet metal, injection molded, cross flow fans and PCB components which are actively used in the manufacturing of RACs. The company capitalized on its existing manufacturing infrastructure to strategically expand 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.
WHAT IS GMP?
GMP (Grey Market Premium) is the difference between the IPO price and the grey market price. It is the premium amount paid for the traded IPO shares. It plays an important role in IPOs as it reflects how the IPO would react on the listing day.
A grey market is a place where shares/stocks are traded before being listed officially on the stock exchange.
EPACK Durable Limited IPO
| GMP Date | IPO Price | GMP | Last Updated |
|---|---|---|---|
| - | - | - | - |
**The GMP prices displayed here are solely for informational purposes related to the grey market news. India IPO does not engage in or facilitate grey market trading, nor are these rates (sub2) indicative of any trading activity. We also do not recommend or endorse participation in the grey market.**
EPACK Durable Limited IPO Details
| Detail | Description |
|---|---|
| IPO Date | January 19, 2024 to January 24, 2024 |
| Listing Date | January 30, 2024 |
| Face Value | ₹10 per share |
| Price Band | ₹218 to ₹230 per share |
| ₹218 to ₹230 per share | 65 Shares |
| Total Issue Size | 27,828,351 shares (aggregating up to ₹640.05 Cr) |
| Fresh Issue | 17,391,304 shares (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 | BSE, NSE |
| Share holding pre issue | 78,407,387 |
| Share holding post issue | 95,798,691 |
EPACK Durable Limited IPO Timeline
| Detail | Description |
|---|---|
| IPO Open Date | Friday, January 19, 2024 |
| IPO Close Date | Wednesday, January 24, 2024 |
| Basis of Allotment | Thursday, January 25, 2024 |
| Initiation of Refunds | Monday, January 29, 2024 |
| Credit of Shares to Demat | Monday, January 29, 2024 |
| Listing Date | Tuesday, January 30, 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on January 24, 2024 |
EPACK Durable Limited IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 65 | ₹14,950 |
| Retail (Max) | 13 | 845 | ₹194,350 |
| S-HNI (Min) | 14 | 910 | ₹209,300 |
| S-HNI (Max) | 66 | 4,290 | ₹986,700 |
| B-HNI (Min) | 67 | 4,355 | ₹1,001,650 |
EPACK Durable Limited IPO Promoter Holding
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| Share Holding Pre Issue | 85.49% |
| Share Holding Post Issue | 65.36% |
Competitive Strength:
- -
EPACK Durable Limited IPO Financial Information
| Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Total Borrowing | |||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 30 Sep 2023 | 1,071.45 | 616.32 | 2.65 | 478.31 | 369.57 | |||||||||||||||||||||||||||||||||||
| 31 Mar 2023 | 1,464.16 | 1,540.25 | 31.97 | 313.62 | 492.45 | |||||||||||||||||||||||||||||||||||
| 31 Mar 2022 | 1,076.68 | 927.34 | 17.43 | 121.87 | 383.98 | |||||||||||||||||||||||||||||||||||
| 31 Mar 2021 | 520.37 | 739.66 | 7.80 | 68.91 | 238.56 | |||||||||||||||||||||||||||||||||||
| Amount in ₹ Crore | ||||||||||||||||||||||||||||||||||||||||
Key Performance Indicator
| KPI | Values |
|---|---|
| ROE | 14.68% |
| ROCE | 11.85% |
| Debt/Equity | 1.58 |
| RoNW | 14.68% |
| P/BV | 4.98 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (Rs) | 4.08 | 0.55 |
| P/E (x) | 56.4 | 415.1 |
Objectives of EPACK Durable IPO
The company proposes to utilize the net Proceeds from the Fresh Issue towards funding the following objectives:
- 1. Funding capital expenditure for the expansion/setting up of manufacturing facilities.
- 2. Repayment and/or prepayment, in part or in full, of certain outstanding loans of the company.
- 3. General corporate purposes.
EPACK Durable IPO Review
The company is the second largest RAC, ODM products with innovations and engaged in related services. It has also done backward integration for domestic appliances. After posting growth for the last three fiscals, it marked a minor setback in its top and bottom lines for H1 of FY24 in line with the general trends in the segment. It is on expansion spree to take benefits of revivals in the segment. Well-informed investors may park funds for the medium to long term rewards.
RHP:
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Frequently asked Questions (FAQs )
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What is the issue size of Epack Durable Ltd IPO?
Epack Durable Ltd IPO, which opens for subscription from 19-Jan-2024 to 24-Jan-2024 has an issue size of ₹640.05 crore. The issue type is book building issue.
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What are the open and close dates for Epack Durable Ltd IPO?
Epack Durable Ltd IPO Opens for subscription from 19-Jan-2024 to 24-Jan-2024.
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What is the lot size and minimum order quantity of the Epack Durable Ltd IPO?
The lot size of Epack Durable Ltd is 65 shares. Retail investors can subscribe to minimum 1 lot and maximum 13 lots. The minimum and maximum application value is ₹14950 and ₹194350 respectively.
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What are the allotment dates for the Epack Durable Ltd IPO?
Allotment date for Epack Durable Ltd is 25-Jan-2024 and refund of application amount (in case allotment is not received) will begin from 29-Jan-2024. If your allotment goes through, then shares will be credited in your Demat account by 29-Jan-2024.
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Where is the Epack Durable Ltd IPO getting listed?
The shares of Epack Durable Ltd are proposed to be listed on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE).
