73  Total SME IPOs listed in 2025

3,196.85 Crs.  Total funds raised in 2025

49  SME IPOs listed with Gain in 2025

24  SME IPOs listed with loss in 2025

73  Total SME IPOs listed in 2025

3196.85 Crs.  Total funds raised in 2025

49  SME IPOs listed with Gain in 2025

24  SME IPOs listed with loss in 2025

73  Total SME IPOs listed in 2025

3196.85 Crs.  Total funds raised in 2025

49  SME IPOs listed with Gain in 2025

24  SME IPOs listed with loss in 2025

73  Total SME IPOs listed in 2025

3196.85 Crs.  Total funds raised in 2025

49  SME IPOs listed with Gain in 2025

24  SME IPOs listed with loss in 2025

EPACK Durable IPO (EPACK Durable Limited IPO) Detail

EPACK Durable IPO is a Book Building IPO listing on BSE,NSE exchange, with an ipo size of ₹ 640.05 Cr. The company is based in New Delhi and caters to Electric Equipments - OEM sector. Axis Capital , Dam Capital Advisors (Formerly Idfc Securities ) , ICICI Securities are the merchant bankers of EPACK Durable IPO. It is a MainBoard IPO which filed its Draft Red Herring Prospectus (DRHP) on 11th August 2023.

EPACK Durable IPO open date is 19th January 2024 and close date is 24th January 2024. IPO Allotment Date is 25th January 2024 and Listing date is 30th January 2024.

IPO Category : MainBoard
Exchange : BSE,NSE
Issue Type : Book Building

IPO Key Highlights

  • IPO Size: ₹ 640.05 Cr. Avg IPO Size (Sector Based) : ₹ 509.46 cr.
  • Sector: Electric Equipments - OEM IPO so far: 4
  • Merchant Banker: Axis Capital IPO by BRLM so far: 161
  • City: New Delhi IPO so far: 123
  • Revenue (annualised): ₹ 1232.64 cr.
            PAT: (annualised): ₹ 5.30 cr. Read Financial Information >>
  • PE Ratio: 47.00x Average Sector PE Ratio: 39.08x

EPACK Durable IPO Date

Date of DRHP:
11th August 2023
IPO Open Date:
19th January 2024
IPO Close Date:
24th January 2024
IPO Allotment Date:
25th January 2024
Initiation of Refund:
29th January 2024
IPO Listing Date:
30th January 2024

EPACK Durable IPO Info, Size, Subscription

EPACK Durable IPO size is ₹ 640.05 Cr. with IPO price of ₹ 230.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.

IPO Size :
₹ 640.05 Cr.

Issue Price:
₹ 230.00

Market Capitalisation :
₹ 2203.37 Cr.

PE multiple :
47.00

Subscription :
16.79 times

Pre Issue Promoter Holding :
85.49 %

Post Issue Promoter Holding :
65.36 %

EPACK Durable IPO Information

Sub Sector : original design manufacturer and room air conditioners
EPACK Durable Limited is the fastest-growing room air conditioner original design manufacturer (ODM) in India based on the growth in volume manufactured between Fiscals 2020 and 2023 (Source: F&S Report). It is also the second-largest ODM manufacturer in the Indian room air conditioner market, holding a market share of 29% in terms of volume manufactured in Fiscal 2023, excluding units imported as kits with gas filling done in India (Source: F&S Report). The company is customer-centric, driven by a focus on continuous innovation and operational efficiency. Since 2003, it has evolved from being an OEM for RAC brands to becoming an ODM partner, with a strong emphasis on product development and innovation.

Object of Issue (EPACK Durable IPO Objectives)

  • 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

Axis Capital Limited is the book-running lead manager of the EPACK Durable IPO. Kfin Technologies Limited is the Registrar for EPACK Durable IPO.

EPACK Durable IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.

What is EPACK Durable IPO?

EPACK Durable IPO, based in New Delhi, operates in the   Electric Equipments - OEM sector with a focus on original design manufacturer and room air conditioners. The company is launching its MainBoard IPO on the BSE,NSE exchange, using the Book Building Issue method. EPACK Durable IPO size is ₹ 640.05 Cr. with fresh issue size of ₹ 640.05 Cr. and Offer for sale being ₹ Nil

When is EPACK Durable IPO allotment?

The IPO allotment date for EPACK Durable IPO is expected to be 25th January 2024, after the finalization of basis of allotment. Investors can check EPACK Durable IPO allotment status on the registrars website, Kfin Technologies Limited . EPACK Durable IPO refund dates are 29th January 2024.

When is EPACK Durable IPO listing date?

EPACK Durable IPO is expected to be listed on 30th January 2024.

What is the price band for EPACK Durable IPO?

The upper price band for the EPACK Durable IPO is set at ₹ 230.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.

What is EPACK Durable IPO Review?

For IPO analysis on EPACK Durable IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.

How to Apply for EPACK Durable IPO?

To apply for the EPACK Durable IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 24th January 2024. After submission, funds are blocked until the basis of allotment of EPACK Durable IPO is finalised.

Who is the merchant banker of EPACK Durable IPO?

The merchant banker for EPACK Durable IPO is Axis Capital Limited , Dam Capital Advisors Limited (Formerly Idfc Securities Limited) , ICICI Securities Limited . Axis Capital Limited , Dam Capital Advisors Limited (Formerly Idfc Securities Limited) , ICICI Securities Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the EPACK Durable IPO RHP for further details.

Who is the Registrar of EPACK Durable IPO?

The registrar for EPACK Durable IPO is Kfin Technologies Limited . Investors can go to Kfin Technologies Limited registrar website for IPO allotment status, refund processing, and other queries related to EPACK Durable IPO through their official website or helpline.

What is the EPACK Durable IPO subscription?

EPACK Durable IPO was subscribed 16.79 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.

IPO Key Highlights

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FAQs

EPACK Durable IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on EPACK Durable Financial Review Page

EPACK Durable IPO subscription was 16.79 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.

EPACK Durable IPO listed at a listing price of 207.70 against the offer price of 230.00.

The current market price of EPACK Durable is 364.45.

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