EPACK Durable (MAINBOARD)
Jan 19, 2024 - Jan 24, 2024
| Price | ₹218 - ₹230 |
| Premium | ₹5 |
|---|---|
| Lot size | 65 |
| Allotment | Jan 25, 2024 |
| Listing | Jan 30, 2024 |
| Category | Lot(s) | Qty | Amount | Reserved |
|---|---|---|---|---|
| Retail | 1 | 65 | 14950 | 149845 |
| sHNI | 14 | 910 | 209300 | 1529 |
| bHNI | 67 | 4355 | 1001650 | 3058 |
Last Updated as on 24-Jan-2024 17:54:00
| Category | Offered | Applied | Times |
|---|---|---|---|
| QIBs | 5293399 | 142422020 | 26.91 |
| HNIs | 4092572 | 121327570 | 29.65 |
| HNIs (10+L) | 2728381 | 91084695 | 33.38 |
| HNIs (2-10L) | 1364191 | 30242875 | 22.17 |
| Retail | 9549334 | 63337040 | 6.63 |
| Total | 18935305 | 327086630 | 17.27 |
| QIB Interest Cost per share (7 Days) | |||||
|---|---|---|---|---|---|
| @7% ₹8.31 | @8% ₹9.5 | @9% ₹10.68 | @10% ₹11.87 | @11% ₹13.06 | @12% ₹14.24 |
| Big HNI (10+L) Cost per lot (7 Days) |
|---|
| Assuming fix interest of ₹2000 per application Big HNI (10+L) costing for every 1 lot allotment is ₹13352 |
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.
EPACK Durable IPO Details
| Issue Size | 27,828,351 shares (aggregating up to ₹640.05 Cr) |
| Fresh Issue | 17,391,304 shares (aggregating up to ₹400.00 Cr) |
| Offer for Sale | 10,437,047 shares of ₹10 (aggregating up to ₹240.05 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE, NSE |
| Share holding pre issue | 78,407,387 |
| Share holding post issue | 95,798,691 |
EPACK Durable IPO Reservation
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not more than 50.00% of the Net offer |
| Retail Shares Offered | Not less than 35.00% of the Offer |
| NII (HNI) Shares Offered | Not less than 15.00% of the Offer |
EPACK Durable IPO Lead Manager(s)
- Axis Capital Limited
- Dam Capital Advisors Ltd (Formerly Idfc Securities Ltd)
- ICICI Securities Limited
Key Performance Indicator
| KPI | Values |
|---|---|
| ROE | 14.68% |
| ROCE | 11.85% |
| Debt/Equity | 1.58 |
| RoNW | 14.68% |
| P/BV | 4.98 |
Company Financials
EPACK Durable Limited Financial Information (Restated)
EPACK Durable Limited's revenue increased by 66.09% and profit after tax (PAT) rose by 83.39% between the financial year ending with March 31, 2023 and March 31, 2022.
| Period | 30 Sep 2023 | Mar 2023 | Mar 2022 | Mar 2021 |
| Assets | 1,071.45 | 1,464.16 | 1,076.68 | 520.37 |
| Revenue | 616.32 | 1,540.25 | 927.34 | 739.66 |
| Profit | 2.65 | 31.97 | 17.43 | 7.80 |
| Net Worth | 478.31 | 313.62 | 121.87 | 68.91 |
| Reserves | ||||
| Borrowing | 369.57 | 492.45 | 383.98 | 238.56 |
| Amount in ₹ Crore | ||||
EPACK Durable IPO Lead Manager(s)
- Axis Capital Limited
- Dam Capital Advisors Ltd (Formerly Idfc Securities Ltd)
- ICICI Securities Limited
Kfin Technologies Limited
Phone: 04067162222, 04079611000
Email: epack.ipo@kfintech.com
Website: https://kosmic.kfintech.com/ipostatus/