
EPACK Durable Limited
IPO Details
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Lot Distribution
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Company Fin.
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Having completed its public offering, EPACK Durable Limited's is now listed and trading on the NSE, BSE exchange as of Jan 30, 2024. The IPO raised cumulative capital of 2,78,28,351 Shares, including 1,73,91,304 Shares in primary capital infusion and ₹240.05 Cr in secondary market transactions.
The IPO was conducted with a price range of ₹218 to ₹230 and minimum investment requirement of 65 shares. subscription activity between Jan 19, 2024 and Jan 24, 2024 reflected market assessment of the offering's valuation and prospects.
The allotment process finalized on Jan 25, 2024 distributed equity ownership to successful bidders. The listing established a transparent market mechanism for share trading, price discovery, and investor participation in the company's future growth.
Investors can bid starting from the minimum lot size specified for this IPO, and only in multiples of that lot size. The table below shows the minimum and maximum investment for retail investors and HNIs in terms of lots, quantity, and amount.
Incorporated in 2019, EPACK Durable Limited is an Original Design Manufacturer (ODM) specializing in room air conditioners (RAC) and their components, including sheet metal parts, injection-moulded parts, cross-flow fans, and PCBA components. To diversify beyond seasonal RAC demand, the company has expanded into the small domestic appliance (SDA) market, producing induction hobs, blenders, and water dispensers. EPACK operates four manufacturing units in Dehradun and one in Bhiwadi, Rajasthan, with an annual production capacity of 0.90 million IDUs, 0.66 million ODUs, and various SDA units as of March 31, 2023. The company employs 734 full-time personnel, including engineers, university graduates, and diploma holders.
Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."
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- Bajrang Bothra
- Laxmi Pat Bothra
- Sanjay Singhania
- Ajay DD Singhania
EPACK Durable Limited
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