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Epack Durable IPO

Epack Durable IPO

  • Status: Closed
  • RHP:
  • ₹ 14,170 / 65 shares

    Minimum Investment

IPO Listing Details

  • Listing Date

    30 Jan 2024

  • Listing Price

    ₹225.00

  • Listing Change

    -2.17%

  • Last Traded Price

    ₹476.40

IPO Details

  • Open Date

    19 Jan 2024

  • Close Date

    24 Jan 2024

  • IPO Price Range

    ₹ 218 to ₹ 230

  • IPO Size

    ₹ 640.05 Cr

  • Listing Exchange

    BSE, NSE

  • Listing Date

    30 Jan 2024

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Epack Durable IPO Subscription Status

Last Updated: 15 February 2024 5:40 PM by 5Paisa

Incorporated in 2019, EPACK Durable Limited is the second largest room air conditioner original design manufacturer (ODM) in the country by units as of FY23. The company also makes a variety of different components including sheet metal, injection moulded, cross-flow fans and PCBA components used in making RACs in addition to induction cooktops, mixer grinders, and water dispensers. It is also expanding its operations in the small domestic appliances (SDA) market. 

EPACK Durable’s product portfolio is spread in three categories:

●    Room air conditioners: It includes designing and making complete RACs (i) window air conditioners (WACs), including window inverter air conditioners, (ii) indoor units (IDUs) and (iii) outdoor units (ODUs)

●    Small domestic appliances:  It includes designing and making induction cooktops, mixer-grinders, and water dispensers
●    Components: Makes 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 

Peer Comparison:

●    Amber Enterprises India Limited
●    PG Electroplast Limited
●    Dixon Technologies (India) Limited
●    Elin Electronics Limited

 

For More Information:
Webstory on EPACK Durable IPO

Profit and Loss

Balance Sheet

Particulars (in Rs. Crores) FY23 FY22 FY21
Revenue from operations 1538.83 924.16 736.24
EBITDA 102.52 68.80 42.03
PAT 31.97 17.43 7.80
Particulars (in Rs. Crores) FY23 FY22 FY21
Total Assets 1464.15 1076.67 520.36
Share Capital 52.08 52.08 48.12
Total Borrowings 1150.53 954.81 451.45
Particulars (in Rs. Crores) FY23 FY22 FY21
Net cash generated from / (used in) operating activities 18.83 -28.94 47.42
Net cash from / (used in) investing activities -217.50 -204.19 -6.69
Net cash flow from / (used in) financing activities 234.54 234.54 -42.54
Net increase (decrease) in cash and cash equivalents 35.87 20.41 -1.81


Strengths

1.    The company has long-standing relationships with established customers and has good expansion chances too. 
2.    It is also one of the key manufacturers in the fast-growing RAC and SDA manufacturing industries.
3.    The company has advanced vertically integrated manufacturing operations with a vast product portfolio.
4.    It has robust product development and design optimization capabilities.
5.    Well-experienced management team.
 

Risks

1.    The company is subject to precise technical specifications and quality requirements.
2.    Operates in a significantly competitive market.
3.    High working capital requirements. 
4.    Pricing pressure from customers can have an impact on the company.
5.    Exposed to foreign currency exchange rate fluctuations.
 

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FAQs

EPACK Durable IPO opens from 19th January to 23rd January 2024.
 

The EPACK Durable IPO size is ₹640.05 cr. 

To apply for EPACK Durable IPO, follow the steps given below:

●    Login to your 5paisa account and select the issue in the current IPO section
●    Enter the number of lots and the price at which you wish to apply for the EPACK Durable IPO    
●    Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange
●    You will receive a mandate notification to block funds in your UPI app.

The GMP value of every IPO changes daily. To view today's GMP of EPACK Durable IPO visit https://www.5paisa.com/ipo/ipo-gmp 

The price band of EPACK Durable IPO is fixed at ₹218 to ₹230 per share. 

The minimum lot size of of EPACK Durable IPO is 65 shares and the investment required is ₹14,170.

The share allotment date of EPACK Durable IPO is 24th January 2024.

The EPACK Durable IPO will be listed on 29th January 2024.

Axis Capital Limited, DAM Capital Advisors Limited, and ICICI Securities Limited are the book-running lead managers for EPACK Durable IPO.

EPACK Durable Limited plans to utilize the raised capital from the IPO to:

1.    To fulfill working capital requirements for the expansion/setting up of manufacturing facilities.
2.    To repay or prepay outstanding borrowings availed by the company.
3.    General corporate purposes.