EPACK Durable IPO

Q: When is EPACK Durable IPO Open?

EPACK Durable IPO Will Open on January 19, 2024 .

Q: When is EPACK Durable IPO Closed?

EPACK Durable will IPO Closed on January 23, 2024 .

EPACK Durable IPO

About EPACK Durable Limited

Table of Contents

EPACK Durable Limited was founded in 2019 EPACK Durable Limited an Original Design Manufacturer (ODM) of room air conditioners (RAC).

The firm also makes components like sheets of metal as well as injection molded components such as cross-flow fan, cross-flow, as well as PCBA components which are employed in the manufacturing of RACs. The company is expanding its operation to the small-sized domestic appliances (SDA) sector, specifically because of the high demand for RACs at present, and is making blenders, induction cookers, as well as water dispensers.

It has four manufacturing locations located in Dehradun which include Dehradun Unit I, Dehradun Unit II, Dehradun Unit III, and Dehradun Unit IV as well as one manufacturing plant in Bhiwadi, Rajasthan, with a capacity for annual production at March 31, 2023, which includes (i) 0.90 million IDUs 0.66 million ODUs 0.36 million kits for ODUs as well as 0.42 million WACs, and (ii) 0.11 million dispensers of water, 1.2 million induction hobs and 0.30 million mixers as well as their parts.

Epack Durables IPO review in 9 Points

1. EPACK Durable IPO GMP: Shares of the company are available at a premium of ₹33 in the grey market today, say market observers.

2. EPACK Durable IPO price: The company has fixed the price band of the public issue at ₹218 to ₹230 per equity share.

3. EPACK Durable IPO date: The book build issue has opened today and it will remain open for subscribers till 23rd January 2024.

4. EPACK Durable IPO size: The company aims to raise ₹640.05 crore out of which ₹400 crore is aimed through issuance of fresh shares. The remaining ₹240.05 crore is reserved for the OFS route.

5. EPACK Durable IPO lot size: A bidder will be able to apply in lots and one lot of the book build issue will comprise 65 shares of the company.

6. EPACK Durable IPO allotment date: Finalisation of the share allocation is most likely on 24th January 2024.

7. EPACK Durable IPO registrar: Kfin Technologies Ltd has been appointed as the official registrar of the book build issue.

8. EPACK Durable IPO listing: The public issue is proposed for listing on BSE and NSE.

9. EPACK Durable IPO listing date: The mainboard issue is most likely to be listed on 29th January 2024.

Epack Durables IPO Investor Categories

Non-Institutional Investors(NII)Retail Individual Investors (HNI), NRIs, Companies, Trusts, etc who bid for shares worth more than Rs 2 lakhs are known as Non-institutional bidders (NII). Unlike QIB bidders, they do not need SEBI registration.NII category has two subcategories:
1. sNII (bids below Rs 10L)The Small NII category is for NII investors who bid for shares between Rs 2 lakhs to Rs 10 lakhs. The 1/3 of NII category shares are reserved for the Small NII sub-category. This subcategory is also known as Small HNI (sHNI).
2. bNII (bids above Rs 10L)The Big NII category is for NII investors who bid for shares worth more than Rs 10 Lakhs. The 2/3 of NII category shares are reserved for the Big NII subcategory. This subcategory is also known as Big HNI (bHNI).
Employee (EMP)A category of eligible employees who have a reserved quota in the IPO.
Qualified Institutional Buyers (QIB)Financial Institutions, Banks, FIIs, and Mutual Funds registered with SEBI are called QIBs. In most cases, QIBs represent small investors who invest through mutual funds, ULIP schemes of insurance companies, and pension schemes.
Retail Individual Investors(RII)The retail individual investor or NRIs who apply up to Rs 2 lakhs in an IPO are considered an RII reserved category.
OthersA category of eligible shareholders or other investors who have a reserved quota in the IPO