EPACK Durable IPO: Allotment Status, Application Check, GMP Update, and Listing Date

EPACK Durable IPO: Price Range Rs 218-230, January 19-20 Offering

1. IPO Duration: EPACK Durable IPO was open for subscription from January 19 to January 24.
2. Price Range and Lot Size: The IPO was sold in the price band of Rs 218-230 per share, with a lot size of 65 shares.
3. Funds Raised and Listing Date: EPACK Durable successfully raised Rs 640.05 crore through its IPO, and the shares are set to be listed on Tuesday, January 30.

EPACK Durable, after concluding its public issue from January 19 to January 24, is scheduled to disclose the basis of allotment on Thursday, January 25. The basis of allotment provides details on how shares are distributed among the investors who participated in the IPO.

EPACK Durable IPO: Price Range Rs 218-230, Raises Rs 640 Crore with Rs 400 Crore Fresh Sale and 1.04 Crore Equity Shares Offer-for-Sale.

The subscription ratio indicates the demand for shares in an initial public offering (IPO) compared to the number of shares available. In the case of EPACK Durable’s IPO:

1. Overall Subscription: The IPO was oversubscribed 16.37 times, suggesting a strong demand for EPACK Durable shares.
2. Qualified Institutional Bidders (QIB): This category, which includes entities like mutual funds and insurance companies, witnessed a robust demand. The subscription from QIBs was 25.50 times, indicating significant interest from institutional investors.
3. Non-Institutional Investors (NII): The portion reserved for non-institutional investors, which typically includes high-net-worth individuals and corporate bodies, was oversubscribed at 28.10 times. This signifies a substantial demand from this category of investors.
4. Retail Investors: The quota set aside for retail investors, comprising individual investors, received a subscription of 6.29 times. This suggests a healthy response from retail investors who participated in the IPO.

Overall, the high subscription levels across all investor categories indicate a positive market sentiment and strong investor confidence in EPACK Durable, leading to an oversubscribed IPO.

EPACK Durable’s Grey Market Premium (GMP) Dips During Bidding, Slips to Rs 21-24 from Earlier Rs 28-30, Anticipating 8-10% Listing Pop.

Established in 2019, EPACK Durable operates as an Original Design Manufacturer (ODM) specializing in room air conditioners (RAC). In addition to RAC manufacturing, the company produces critical components like sheet metal parts, injection-molded parts, cross-flow fans, and PCBA components. These components play a crucial role in the assembly and production of room air conditioners.

EPACK Durable IPO Receives Positive Recommendations from Brokerage Firms for Long-Term Investment, Emphasizing Strong Leadership and Business Growth. However, Concerns Arise Over Stiff Competition and Rich Valuations.

EPACK Durable IPO: Axis Capital, Dam Capital Advisors, and ICICI Securities Lead Management, Kfin Technologies as Registrar; Listing on BSE and NSE on January 29.

EPACK Durable IPO Allotment: Investors Can Check Status on BSE Website

Certainly! The provided instructions guide investors through the process of checking the allotment status of EPACK Durable Limited IPO on the Bombay Stock Exchange (BSE) website. Here’s a breakdown of the steps:

1. Visit the BSE Website:
   • Go to the official website of the Bombay Stock Exchange (BSE) using the following link: https://www.bseindia.com/investors/appli_check.aspx
2. Select Equity as the Issue Type:
   • Choose “Equity” under the “Issue Type” section. This is because EPACK Durable IPO is an equity offering.
3. Choose EPACK Durable Limited:
   • Under the “Issue Name” section, locate and select “EPACK Durable Limited” from the dropdown menu. This ensures that you are checking the allotment status for the specific IPO.
4. Enter Application Number:
   • Input the application number that was provided to you during the IPO application process.
5. Provide PAN Card ID:
   • Enter your PAN card ID, which is a unique identification number assigned to each taxpayer.
6. Complete the Verification:
   • Complete the security verification step by clicking on ‘I am not a Robot’.
7. Submit:
   • Click on the ‘Submit’ button to initiate the allotment status check.

Following these steps should provide investors with information about the status of their allotment in the EPACK Durable IPO. The website will display details such as the number of shares allotted, if any, and other relevant information related to the IPO application.

Certainly! Investors have the option to check the allotment status of EPACK Durable IPO on the online portal of KFin Technologies Limited. Here’s how they can do it:

1. Visit KFin Technologies Online Portal:
   • Go to the KFin Technologies Limited online portal using the following link: https://kosmic.kfintech.com/ipostatus
2. Enter Details:
   • Provide the necessary details such as the application number and PAN card ID as required on the portal.
3. Security Verification:
   • Complete any security verification process, if prompted.
4. Submit:
   • Click on the ‘Submit’ button to proceed with checking the allotment status.

By following these steps on the KFin Technologies online portal, investors can access information about the allotment status of EPACK Durable IPO. This offers an additional avenue for investors to verify their application status and understand the details of the shares allotted, if any.

The registrar, a Sebi-registered entity as per the prospectus, handles the electronic processing of applications and conducts the allotment process for the IPO. Their responsibilities include adhering to timelines for updating share credits, dispatching refunds, and addressing investor queries.

Check EPACK Durable IPO Allotment on KFin Technologies Limited Portal:

1. Visit KFin Technologies Limited’s web portal.
2. Select the IPO from the dropdown (available if allotment is finalized).
3. Choose one of three modes: Application number, Demat Account number, or PAN ID.
4. Specify Application type as ASBA or non-ASBA.
5. Enter details based on the mode selected in Step 2.
6. Fill in the captcha accurately for security.
7. Click ‘Submit’ to check allotment status.

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