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Open
19 Jan 2024
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Close
24 Jan 2024
3
Allotment
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Listing
Tue, Jan 30, 2024
Price Band
₹218 to ₹230
Issue Size
2,78,28,351 shares (agg. up to ₹640 Cr)
Lot Size
65 Shares
Listing Date
Tue, Jan 30, 2024
Latest GMP
₹5
Est. Gain
2.17%
✦ AI Insight
GMP Trend
30-01-2024₹5Est. ₹235+2.17%
29-01-2024₹5Est. ₹235+2.17%
28-01-2024₹3Est. ₹233+1.3%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 12.06x |
Restated Financials (₹ Cr.)
| Period Ended | 30 Sep 2023 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
|---|---|---|---|---|
| Assets | 1,071.45 | 1,464.16 | 1,076.68 | 520.37 |
| Total Income | 616.32 | 1,540.25 | 927.34 | 739.66 |
| Profit After Tax | 2.65 | 31.97 | 17.43 | 7.80 |
| NET Worth | 478.31 | 313.62 | 121.87 | 68.91 |
| Total Borrowing | 369.57 | 492.45 | 383.98 | 238.56 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Greenchef Appliances Ltd. | SME | ₹53.62 Cr | ₹87 | 14.87 | ₹109.20 | +25.52% | ₹47.25 (+0.32%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding capital expenditure for the expansion / setting up of manufacturing facilities (total of i+ii+iii) | 230.00 |
| 2 | Funding capital expenditure requirements for setting up of a manufacturing facility in Sri City, Andhra Pradesh | 105.25 |
| 3 | Purchase of equipment for the Bhiwadi Manufacturing Facility | 14.14 |
| 4 | Repayment and/or prepayment, in part or in full, of certain outstanding loans of the Company | 80.00 |
| 5 | General corporate purposes | 69.68 |
About EPACK Durable IPO
Incorporated in 2019, EPACK Durable Limited is an Original Design Manufacturer (ODM) of room air conditioners (RAC). The company also manufactures components such as sheet metal parts, injection moulded parts, cross-flow fans, and PCBA components that are actively used in the production of RACs. The company has expanded its business into the small domestic appliance (SDA) market, particularly given the seasonal demand for RACs, and is currently developing and producing induction hobs, blenders, and water dispensers. The company has four production facilities in Dehradun, namely Dehradun Unit I, Dehradun Unit II, Dehradun Unit III and Dehradun Unit IV, and one manufacturing facility at Bhiwadi, Rajasthan, with an annual production capacity as on March 31, 2023 for manufacturing (i) 0.90 million IDUs, 0.66 million ODUs, 0.36 million ODU kits and 0.42 million WACs and (ii) 0.11 million water dispensers, 1.2 million induction hobs and 0.30 million mixers and their components. As at March 31, 2023, the company had 734 full-time employees, including engineers, university graduates and diploma students.+ Read More
Contact Details
EPACK Durable Ltd. Address61-B, Udyog Vihar, Surajpurasna RoadGreater Noida, Uttar Pradesh, 201306+91 120 2569078investors_ed@epack.inVisit Website