EPACK Durable IPO is a book-built issuance worth Rs 640.05 crore. The offering consists of a fresh issue of 1.74 crore shares valued at Rs 400.00 crores and an offer for sale of 1.04 crore shares valued at Rs 240.05 crores.
EPACK Durable’s initial public offering (IPO) begins on January 19, 2024 and ends on January 23, 2024. The allotment for the EPACK Durable IPO is expected to be completed on Wednesday, January 24, 2024. EPACK Durable IPO will list on the BSE and NSE, with a tentative listing date of Monday, January 29, 2024.
The EPACK Durable IPO price range is established at ₹218 to ₹230/share. The minimum lot size for an application is 65 shares. The minimum investment for retail investors is ₹14,950. The minimum lot size investment for sNII is 14 lots (910 shares) worth ₹209,300, while for bNII, it is 67 lots (4,355 shares) for ₹1,001,650.
EPACK Durable IPO Details
| IPO Date | January 19, 2024 to January 23, 2024 |
| Listing Date | [.] |
| Face Value | Rs 10 per share |
| Price Band | Rs 218 to Rs 230 per share |
| Lot Size | 65 Shares |
| Total Issue Size | 27,828,351 shares (aggregating up to Rs 640.05 Cr) |
| Fresh Issue | 17,391,304 shares (aggregating up to Rs 400.00 Cr) |
| Offer for Sale | 10,437,047 shares of Rs 10 (aggregating up to Rs 240.05 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE, NSE |
| Share holding pre issue | 78,407,387 |
| Share holding post issue | 95,798,691 |
EPACK Durable IPO Timeline
| IPO Open Date | Friday, January 19, 2024 |
| IPO Close Date | Tuesday, January 23, 2024 |
| Basis of Allotment | Wednesday, January 24, 2024 |
| Initiation of Refunds | Thursday, January 25, 2024 |
| Credit of Shares to Demat | Thursday, January 25, 2024 |
| Listing Date | Monday, January 29, 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on January 23, 2024 |
EPACK Durable IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 65 | Rs 14,950 |
| Retail (Max) | 13 | 845 | Rs 194,350 |
| S-HNI (Min) | 14 | 910 | Rs 209,300 |
| S-HNI (Max) | 66 | 4,290 | Rs 986,700 |
| B-HNI (Min) | 67 | 4,355 | Rs 1,001,650 |
