OUR BUSINESS
We are the fastest growing room air conditioner original design manufacturer (“ODM”) based on volume growth manufactured between Fiscals 2020 and 2023 in India (Source: F&S Report). Further, we are the second largest ODM manufacturer in the Indian room air conditioner manufacturing market, with a market share of 29% in terms of volume manufactured in Fiscal 2023 (this does not include the units that are imported as kits and gas filling is done in India).
We are a customer-centric business driven by a focus on continuing innovation and operational efficiency. Since 2003, we have been on a journey of evolution, where we initially started as an OEM for RAC brands. Driven by our focus on product development and innovation, we evolved into an ODM partner for RACs for our customers.
EPACK DURABLE LIMITED IPO DATE & PRICE BAND DETAILS
IPO Open Date February [.], 2024 IPO Close Date February [.], 2024 IPO Size Approx ₹[.] Crores IPO Fresh Issue Approx ₹[.] Crores Offer For Sale Approx ₹[.] Crores IPO Face Value ₹- Per Equity Share IPO Price Band [.] to ₹[.]. Per Every Share IPO Listing On NSE and BSE IPO Retail Quota 39.23% IPO QIB Quota 78.78% IPO NII Quota 78.78% IPO Discount N/A DRHP Draft Click Here RHP Draft Click Here Anchor Investor Click Here
EPACK DURABLE LIMITED IPO MARKET LOT DETAILS
Application Lot Size Shares Amount Retail Minimum 65 65 Shares ₹14,950 Retail Maximum - - ₹- S-HNI Minimum - 910 Shares ₹2,09,300 B-HNI Minimum - 4,355 Shares ₹10,01,650
OBJECTS OF THE OFFER
Our Company proposes to utilize the Net Proceeds from the Fresh Issue towards funding the following objects:
1. Funding capital expenditure for the expansion / setting up of manufacturing facilities.
2. Repayment and/or prepayment, in part or full, of certain outstanding loans of our Company.
3. General corporate purposes.
EPACK DURABLE LIMITED IPO ALLOTMENT & LISTING DATE (DETAILS)
Price Band Announcement [.] Anchor Investor Allotment [.] IPO Open Date Jan 19, 2024 IPO Close Date Jan 24, 2024 Basis of Allotment [.] Refunds [.] Credit to Demat Account [.] IPO Listing Date Jan 30, 2024
EPACK DURABLE LIMITED FINANCIAL REPORT
₹ in Crores Year Revenue Expense PAT 2023 ₹15,402.53 ₹14,938.44 ₹455.97 2022 ₹9,273.41 ₹9,010.39 ₹263.02 2021 ₹7,396.58 ₹7,287.81 ₹108.77
OUR PROMOTERS
- Bajrang Bothra
- Laxmi Pat Bothra
- Sanjay Singhania
- Ajay DD Singhania
QUALITATIVE FACTOR
Some of the qualitative factors and our strengths which form the basis for computing the Offer Price are:
•Long-standing relationships with established customers, with the potential to expand our customer base.
•Among the largest manufacturers in the fast-growing RAC and SDA manufacturing industries with high entry barriers.
•Advanced vertically integrated manufacturing operations with a product portfolio aimed at capturing the full spectrum of the RAC and SDA value chain.
•Robust product development and design optimization capabilities.
•Experienced Promoters supported by a senior management team with a proven track record of performance.
Basic & Diluted Earnings Per Equity Share (“EPS”)
Financial Year Ended Basic EPS (in ₹) Diluted EPS (in ₹) Weight March 31, 2023 4.71 44.64 3 March 31, 2022 3.47 3.47 2 March 31, 2021 1.62 1.62 1 Weighted Average 3.78 3.75
EPACK DURABLE LIMITED COMPANY CONTACT DETAILS
61-B, Udyog Vihar, Surajpur, Kasna Road,
Greater Noida, Gautam Buddha Nagar201 306
Uttar Pradesh, India
Telephone: +91120 256 9077
Website: www.epackdurable.com
EPACK DURABLE LIMITED IPO REGISTAR
KFin Technologies Limited
Selenium, Tower B, Plot No –31 and 32
Gachibowli, Financial District
Nanakramguda, Serilingampally
Hyderabad, 500 032
Telangana, India
Telephone: + 91 40 6716 2222/ 18003094001
Email: epack.ipo@kfintech.com
Investor grievance email: einward.ris@kfintech.com
Website: www.kfintech.com
Contact Person: M Murali Krishna
