EPACK Durable Ltd. IPO

EPACK Durable, India's fastest-growing air conditioner maestro, cools homes and expands horizons. As the second-largest room air conditioner Original Design Manufacturer (ODM), they bring innovative, customer-centric solutions to life. Their journey began in 2003, evolving from an OEM to an ODM powerhouse, adding value by manufacturing key components and extending expertise beyond ACs. Today, EPACK crafts not only cool comfort but also diverse offerings like induction cooktops, mixer-grinders, and water dispensers, strategically diversifying their portfolio while optimizing resources. With a commitment to continuous innovation and backward integration, EPACK Durable keeps homes happy and their business thriving.

RHP
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DRHP
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Open Date

2024-01-19

Close Date

2024-01-24

EPACK Durable Ltd. IPO Details

Check out the issue details for EPACK Durable Ltd. IPO as disclosed in SEBI.

IPO Price

₹ 230

Price Band

₹ 218 - 230

Issue Size

640.05 Cr.

Issue Type

Book Built

Open

2024-01-19

Close

2024-01-24

Listingprice

₹ 221

ListingGain

-3.91%

Listing Date

2024-01-30

CMP

₹ 462.25

Current Return

100.98%

EPACK Durable Ltd. News

EPACK Durable incorporates Wholly Owned Subsidiary 4 Dec, 11:16AM EPACK Durable informs about transcript of conference call20 Nov, 10:10AM EPACK Durable gets nod to incorporate wholly owned subsidiary13 Nov, 11:10AM EPACK Durable - Quaterly Results12 Nov, 5:49PM EPACK Durable - Quaterly Results12 Nov, 5:49PM EPACK Durable informs about deferment of analysts meeting25 Oct, 2:44PM EPACK Durable enters into agreement with Hisense 21 Oct, 4:57PM EPACK Durable informs about compliance certificate14 Oct, 4:48PM EPACK Durable enters into arrangement for manufacturing tie-up with Panasonic 4 Oct, 12:59PM EPACK Durable informs about closure of trading window 27 Sep, 10:59AM EPACK Durable informs about clarification on price movement 17 Sep, 1:08PM EPACK Durable informs about updates31 Aug, 11:52AM EPACK Durable informs about disclosure30 Aug, 11:18AM EPACK Durable informs about press release12 Aug, 2:23PM EPACK Durable - Quaterly Results24 Jul, 6:32PM EPACK Durable - Quaterly Results24 Jul, 6:32PM EPACK Durable - Quaterly Results24 Jul, 6:32PM EPACK Durable informs about appointment of senior management personnel1 Jun, 2:02PM EPACK Durable - Quaterly Results28 May, 8:18PM EPACK Durable - Quaterly Results28 May, 8:18PM

Company Financials

You can get the following financial statements of EPACK Durable Ltd. as of now.

Company Name

EPACK Durable Ltd.

Exchange

NSE: EPACK BSE: 544095

  Profit Loss
  Balance Sheet
  Quarterly
  Shareholding
  Cash Flow

The details about the EPACK Durable Limited IPO is as:

  • The issue size of the IPO is 640.05 Cr.
  • The price band for EPACK Durable Limited IPO is Rs 218 to Rs 230.
  • The shares of EPACK Durable Limited IPO will list on 30th January 2024. 
  • The latest tentative GMP of EPACK Durable Limited IPO is Rs 35.
  • The shares of EPACK Durable Limited IPO is subscribed 16.79 Times as of 24th January 2024.

 

EPACK Durable Limited IPO Valuation

The approx valuation of EPACK Durable Limited IPO based on its price band and DRHP (prospectus) is:

Particulars Value
Upper Price Band Rs 230
Existing Shares (Qty) 7.84 Cr
Fresh Issue 400 Cr
Market Cap 2203.2 Cr
EPS (FY23) Rs 4.71
PE Ratio 48.83x
Industry PE 74.45x

 

EPACK Durable Limited IPO Issue Size

EPACK Durable Limited IPO issue size is 640.05 Cr. 

Issue Amount
Fresh Issue 400 Cr
Offer For Sale 240.05 Cr

 

EPACK Durable Limited IPO Market Lot

An Individual can apply for a minimum 1 lot of 35 shares and a maximum of 13 lots of 845 shares. Find the details below:

Application Lot Shares Amount
 Minimum  1 35 Rs 14,950
 Maximum 13 845 Rs 1,94,350

 

EPACK Durable Limited IPO share offer

The shares of EPACK Durable Limited IPO is subscribed 16.79 Times as of 24th January 2024. The category-wise shares subscribed are as follows:

Category % Offered Subscription
Qualified Institutional Maximum 50% 25.59 Times
Non-Institutional Minimum 15% 29.07 Times
Retail Individual Minimum 35% 6.50 Times
Total   16.79 Times

Find below the dates for EPACK Durable Limited IPO:

Schedule Date
Basis of Allotment 25 January 2024
Refunds 29 January 2024
Credit to Demat Account 29 January 2024
IPO Listing Date 30 January 2024

Check allotment status

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2021 Mar 2022 Mar 2023 Mar 2024
Net Sales 736.25 916.16 1538.83 1419.56
Total Expenditure 694.48 851.11 1436.31 1303.41
Operating Profit 41.77 65.05 102.52 116.15
Other Income 3.41 3.51 1.42 8.95
Interest 25.58 28.88 31.46 38.95
Depreciation 8.99 13.14 26.08 35.48
Exceptional Items 0 0 -1.55 0
Profit Before Tax 10.61 26.54 44.86 50.67
Provision for Tax 3.07 8.47 12.28 14.2
Net Profit 7.54 18.08 32.58 36.48
Adjusted EPS (Rs.) 0.16 0.35 0.63 0.38

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity and Liabilities
Share Capital 48.17 52.09 70.91 95.8
Total Reserves 20.74 70.39 243.32 798.11
Borrowings 67.71 59.58 113.58 61.76
Other N/C liabilities 26.31 35.8 42.91 61.83
Current liabilities 357.44 803.56 994.25 752.55
Total Liabilities 520.37 1021.43 1464.97 1770.06
Assets
Net Block 115.93 281.51 419.26 678.12
Capital WIP 0 8.42 91.52 26.63
Intangible WIP 0 0 0 0
Investments 0 37.35 5.63 10.83
Loans & Advances 2.01 9.34 77.55 52.83
Other N/C Assets 0.98 1.33 0.36 1.23
Current Assets 401.44 683.49 870.66 1000.43
Total Assets 520.37 1021.43 1464.97 1770.06
* Other Non-current Liabilities include Net deferred Liabilities

Quarterly Result (All Figures in Cr.)

PARTICULARS Dec 2023 Mar 2024 Jun 2024 Sep 2024
Other Income 1.84 5.55 6.13 4.74
Profit Before Tax 6.18 39.12 32.49 -10.99
Tax 1.58 10.88 8.95 -3.03
Profit After Tax 4.6 28.25 23.55 -7.97
Adjusted EPS (Rs) 0.59 2.95 2.46 -0.83

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Sep 2024 48.06 0
Jun 2024 48.14 0
Mar 2024 48.11 0
* Figures given above are % of equity capital

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2021 Mar 2022 Mar 2023 Mar 2024
Profit from operations 10.61 26.54 44.86 50.67
Adjustment 34.63 40.58 60.99 73.51
Changes in Assets & Liabilities 4.08 -107.78 -74.3 142.39
Tax Paid -1.84 -8.35 -12.72 -9.59
Operating Cash Flow 47.47 -49 18.83 256.98
Investing Cash Flow -6.74 -203.64 -217.5 -376.64
Financing Cash Flow -42.54 268.84 234.55 166.57
Net Cash Flow -1.81 16.19 35.87 46.91
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