EPACK Durable Limited IPO
EPACK Durable Limited was a mainboard IPO in the Household Appliances sector, offered at ₹218–₹230 per share to raise ₹640 crore. The issue was subscribed 16.37× overall (QIBs 25.5×, NIIs 28.1×, retail 6.29×). It listed on 30 Jan 2024 at ₹221 and closed its first day at ₹208, a listing loss of -9.7% versus the ₹230 issue price. It now trades around ₹155 (-32.7% versus the issue price).
Frequently asked questions
- How many times was the EPACK Durable Limited IPO subscribed?
- The EPACK Durable Limited IPO was subscribed 16.37× overall — 25.5× in the QIB category, 28.1× among non-institutional investors, 6.29× in retail.
- What were the EPACK Durable Limited IPO listing gains?
- EPACK Durable Limited listed on 30 Jan 2024 at ₹221, closing its first day at ₹208 — a listing loss of -9.7% versus the ₹230 issue price.
- What were the retail allotment odds for the EPACK Durable Limited IPO?
- Retail was subscribed 6.29×, so a single-lot application had roughly a 15.9% chance of allotment (about 1 in 6), and allotment was finalised on 26 Jan 2024.
- What was the price band and lot size of the EPACK Durable Limited IPO?
- The price band was ₹218–₹230 per share, with a minimum lot of 65 shares (₹14,950 at the upper band).
- Who were the registrar and lead manager for the EPACK Durable Limited IPO?
- KFin Technologies Limited was the registrar, and Axis Capital was the book-running lead manager.