Epack Durable IPO GMP, Details to watch, Guidance & Subscription Status @ Chanakyanipothi.com
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Who are the promoter of Epack Durable IPO? 
BAJRANG BOTHRA, LAXMI PAT BOTHRA, SANJAY SINGHANIA ANDAJAY DD SINGHANIA

What is the business of Epack Durable IPO?

Epack Durable is the fastest growing room air conditioner original design manufacturers (“ODM”) based on growth in volume manufactured between Fiscals 2020 and 2023 in India. Further, it is 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 which are imported as kits and gas filling is done in India). It is a customer-centric business driven by a focus on continuing innovation and operational efficiency. Since 2003, it has been on a journey of evolution, where it initially started as an OEM for RAC brands. Driven by its focus on product development and innovation, it evolved into an ODM partner for RACs for its customers.

It also identified the opportunity to increase its value addition in its offerings to customers, and accordingly, started manufacturing of various components such as sheet metal, injection moulded, cross flow fans and PCBA components which are actively used in the manufacturing of RACs. In parallel, it capitalised on its existing manufacturing infrastructure to strategically expand its operations in the small domestic appliances (“SDA”)market, particularly considering the seasonality of the demand for RACs, and currently design and manufacture induction cooktops, mixer-grinders, and water dispensers.
Its product portfolio currently comprises the following:
1.Room air conditioners. It also manufactures split inverter air conditioners.
2.Small domestic appliances
3. Components:
It has dedicated R&D centres in Greater Noida, Bhiwadi and Dehradun.

The company commenced its operations with a single manufacturing unit in Dehradun, Uttarakhandin 2003, and has since expanded its manufacturing operations with Dehradun Unit II, Dehradun Unit III and Dehradun Unit IV, and its manufacturing facility at Bhiwadi, Rajasthan. It has an aggregate installed annual manufacturing capacity as on March 31, 2023 to manufacture (i) 0.90 million IDUs, 0.66 million ODUs, 0.36 million ODU Kits and 0.42 million WACs, and (ii) 0.11 million water dispensers, 1.2 million induction cook-tops and0.30 million mixer grinders, and components thereof.

For more information, click www.epackdurable.com

What is the Object of Epack Durable IPO?
This is fresh issue of capital and also an offer for Sale.
The Company proposes to utilise 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 in full, of certain outstanding loans of the Company
3.General corporate purposes.

Epack Durable IPO GMP, Particulars & Guidance

Epack Durable IPO IPO Guidance (Short & Sweet)
Epack Durable is the fastest growing room air conditioner original design manufacturers (“ODM”) based on growth in volume manufactured between Fiscals 2020 and 2023 in India. Further, it is 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.
In parallel, it capitalised on its existing manufacturing infrastructure to strategically expand its operations in the small domestic appliances (“SDA”)market, particularly considering the seasonality of the demand for RACs, and currently design and manufacture induction cooktops, mixer-grinders, and water dispensers.
Size of the IPO: The IPO size of Rs. 640.05 is not so large. and just Rs. 96.01 cr is offered to the HNIs. Huge oversubscription is not ruled out. 
Valuation: Compared to other ODMs, the IPO price is very reasonable and offers scope for listing gains as well may bring in good returns as medium term investment. Apply With FF.

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Epack Durable IPO GMP

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Epack Durable IPO GMP today IPO Details, Guidance & Subscription Status