Grey Market Premium, EPACK Durable IPO GMP

Please find below the latest updates on EPACK Durable IPO GMP, Kostak rates, and Subject to Sauda rates as of today. The EPACK Durable IPO GMP has not yet commenced, and we will keep you updated on the latest IPO GMP numbers. Thank you for your time and attention.

EPACK Durable’s highly anticipated IPO is set to commence on January 19th, with the company aiming to raise ₹[.] crores. As the fastest growing room air conditioner original design manufacturer (“ODM”) in terms of volume growth between Fiscals 2020 and 2023 in India (according to F&S Report), EPACK Durable has reported impressive revenue figures of ₹1540.25 crores in 2023, up from ₹927.34 crores in 2022. The offering price ranges from ₹[.] to ₹[.] per equity share. EPACK Durable’s IPO will be listed on both BSE and NSE. We are confident that this IPO will present a wealth of exciting opportunities for interested investors.

Today GMP

₹-

EPACK Durable is a reputable and customer-oriented original design manufacturer (“ODM”) of room air conditioners in India. According to a F&S report, EPACK Durable experienced remarkable growth in volume between Fiscals 2020 and 2023, earning them the coveted recognition as the fastest-growing ODM manufacturer in the industry. They also emerged as the second-largest ODM manufacturer in India’s room air conditioner market, with a 29% market share in terms of volume manufactured when import units are excluded.

Given their emphasis on innovation and operational efficiency, EPACK Durable distinguishes itself from the competition by offering unparalleled services to its customers. They began as an OEM for RAC brands in 2003 before transitioning into an ODM partner for RACs, focusing on product development and innovation. To increase their value offerings to customers, they expanded their operations into manufacturing sheet metal, injection-molded, and other components used in producing RACs. These efforts culminated in their strategic foray into the small domestic appliances (“SDA”) market, where they currently design and manufacture induction cooktops, mixer-grinders, and water dispensers, providing clear evidence of their forward-thinking approach to integrating their operations and diversifying their revenue streams.

Financial Report for EPACK Durable Corporation

YearRevenue (₹ Cr)Expense (₹ Cr)PAT (₹ Cr)
2020₹739.65₹728.78₹7.80
2021₹927.34₹901.03₹17.43
2022₹1540.25₹1493.84₹31.97

Summary: EPACK Durable Company’s financials demonstrate consistent growth from 2020 to 2022, with a significant surge in revenue and a commendable increase in Profit After Tax (PAT). This table provides a quick overview of the company’s financial performance over the three-year period.

IPO Opening DateJanuary 19, 2024
IPO Closing DateJanuary 23, 2024, Tuesday
Reason for AllotmentJanuary 24, 2024, Wednesday
Commencement of RefundsJanuary 25, 2024, Thursday
Shares credited to DematJanuary 25, 2024, Thursday;
 Listing Date on Monday, January 29, 2024
UPI Mandate Confirmation DeadlineJanuary 23, 2024, 5 PM
ContentsSpecifications
IPO OpenJanuary 19, 2024
IPO CloseJanuary 23, 2024
IPO SizeApprox ₹[.] Crores
Fresh IssueApprox ₹400 Crores
Offer for SaleApprox 13,067,890 Equity Shares
Face Value₹10 Per Equity Share
IPO Price Band₹[.] to ₹[.] Per Share
IPO ListingBSE & NSE
Retail Quota35%
QIB Quota50%
NII Quota15%

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EPACK Durable IPO GMP aka Grey Market Premium FAQs:

EPACK Durable IPO GMP is ₹- as today.

EPACK Durable IPO Kostak Rate is ₹- as of today.

EPACK Durable IPO Subject to Sauda is ₹- as of today.

EPACK Durable IPO Expected Returns is -%.

Disclaimer:

Please note that the reference to the EPACK Durable IPO GMP (IPO Grey Market Premium) applies only to the date mentioned in the header. We are not involved in buying or reselling IPO forms on the IPO Grey Market. Instead, we receive a premium by selling an IPO application to a third party in an off-market transaction before the issue is allocated or listed, which is known as the Kostak Rate. While the premium may change before listing, it is important to consider the company’s fundamentals before subscribing to its IPO. Therefore, we advise you to carefully examine the company’s fundamentals before making any decisions.

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