Epack Durable
Epack Durable Info
Details about the Epack Durable IPO. Opening Date of Epack Durable is 19 Jan 24 and Closing Date is 24 Jan 24 . Face Value of Each share of Epack Durable is ₹10 per share. Price band of Epack Durable is ₹218 to ₹230. The Lot size of Epack Durable is 65 shares. Total issue size of Epack Durable IPO is ₹640.05 cr. Fresh Issue of Epack Durable IPO is 400 cr. Epack Durable IPO also includes offer for sale of ₹240.05 cr.This is a Book Building IPO. Expected to list on NSE & BSE. Share Holding Pre Issue of Epack Durable is 78,407,387. Share Holding Post Issue of Epack Durable is 95,798,691.
Business Summary
Epack Durable is the second largest room air conditioner original design manufacturer (“ODM”) in India in terms of number of units (indoor units + outdoor units) manufactured in Fiscal 2023 through the ODM route
Company is in manufacturing business of room air conditioners (“RAC”) and small domestic appliances (“SDA”), and its components. The Company operates in the RAC industry and the SDA industry, which are sub-sets of the consumer durables market.
The small domestic appliances they currently design and manufacture include induction cooktops, mixergrinders, and water dispensers. Further, the components comapny manufacture are heat exchangers, cross flow fans, axial fans, sheet metal press parts, injection moulded components, copper fabricated products, PCBAs, universal motors and induction coils for captive consumption as well as part of the product offerings to our customers.
Company's listed peers include Amber Enterprises India Limited, PG Electroplast Limited, Dixon Technologies (India) Limited, and Elin Electronics Limited
Epack Durable IPO Details
| Open Date | 19 Jan 24 |
|---|---|
| Close Date | 24 Jan 24 |
| Face Value | ₹10 per shares |
| Price Band | ₹218 - ₹230 |
| Lot Size | 65 Shares |
| Total issue Size | 27,828,351 Shares ₹640.05 cr |
| Fresh Issue | 17,391,304 Shares ₹400 cr |
| Offer for Sale | 10,437,047 Shares (₹240.05 cr) |
| Issue Type | Book Building |
| Listing At | NSE & BSE |
| Share Holding Pre Issue | 78,407,387 |
| Share Holding Post Issue | 95,798,691 |
| RHP , DHRP | View RHP, View DRHP |
Epack Durable IPO Timeline
The Epack Durable Initial Public Offering (IPO) is set to open on 19 Jan 24 and will end its subscription phase on 24 Jan 24. You can check your allotment status for Epack Durable on 25 Jan 24. The refund process for your funds will start promptly on 29 Jan 24. Epack Durable IPO credit of shares will be on 29 Jan 24. The listing date for Epack Durable is on 30 Jan 24.
Open Date
Close Date
Basis Of Allotment
Initiation of Refund
Credit of Share
Listing Date
Epack Durable IPO Reservation
The Epack Durable IPO reserves shares for different investor categories. Approximately Not more than 50% of the Net Issue will be available for QIB, Not less than 15% of the Net Issue will be available for NII, Not less than 35% of the Net Issue will be available for Retail,
| Investor Category | Shares Offered |
|---|---|
| QIB | Not more than 50% of the Net Issue |
| NII | Not less than 15% of the Net Issue |
| Retail | Not less than 35% of the Net Issue |
Epack Durable IPO Lot Size
Bids can be made for minimum of 65 shares and in multiple of 65 equity shares thereafter
| Application | Lot | 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 IPO Promoters Holding
Promoters holding details for Epack Durable in the current issue is as follows: The share holding of promoters before the issue stands at 85.49%, and after the issue, it has been adjusted to -%.
Promoters of Epack Durable are Bajrang Bothra, Laxmi Pat Bothra, Sanjay Singhania, Ajay Dd Singhania,
| Share Holding Pre Issue | 85.49% |
|---|---|
| Share Holding Post Issue | -% |
Epack Durable Financial Information
Financial performance details for Epack Durable over the years are as follows: The table below presents key financial indicators, including Assets, Revenue, and Profit After Tax (PAT).
| Period | 30 Sept 23 | 31 Mar 23 | 31 Mar 22 | 31 Mar 21 |
|---|---|---|---|---|
| Assets | 1,071.45 | 1,464.16 | 1,076.68 | 520.37 |
| Revenue | 616.32 | 1,540.25 | 927.34 | 739.66 |
| Profit After Tax | 2.65 | 31.97 | 17.43 | 7.8 |
Epack Durable IPO Key Performance Indicator
Key Performance Indicators (KPIs) for Epack Durable are outlined below. Monitoring these KPIs provides insights into the company's operational and strategic performance. The table presents various performance indicators along with their corresponding values.
| KPI | Value |
|---|---|
| P/E (x) | 56.3 |
| ROCE | 11.85% |
| ROE | 14.68% |
| RoNW | 14.68% |
| Debt/Equity | 1.58 |
| EPS (Rs) | 4.08 |
Object of the Issue
- • 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.
Contact Details for Epack Durable
Phone
Office
61-B, Udyog Vihar, Surajpur, Kasna Road, Greater Noida, Gautam Buddha Nagar 201306, Uttar Pradesh, India
Registrar Details for Epack Durable
Kfin Technologies Limited
Phone
Office
Selenium, Tower B, Plot No –31 and 32, Financial DistrictNanakramguda, SerilingampallyHyderabad, Rangareddi 500 032Telangana, India
Lead Manager
- • Axis Capital Limited
- • DAM Capital Advisors Limited
- • ICICI Securities Limited