Business Standard

Epack Durable Ltd - IPO

Issue Type

Book Building

Issue Size (₹ Cr.)

640.05 cr

Price Range (₹)

230

Lot Size

65

Min Investment (₹)

14,950.00

Listing Exchange

MumbaiNSE

Open Date

19-Jan-2024

Close Date

24-Jan-2024

Listing Date

30-Jan-2024

Epack Durable Ltd News

    The Shares of Epack Durable Ltd have now been listed.

    Epack Durable Ltd IPO Details

    Initial public offering of 27,828,351* equity shares of face value of Rs. 10 each (Equity Shares) of the company for cash at a price of Rs. 230 per equity share (including a share premium of Rs. 220 per equity share) (Offer Price) aggregating to Rs. 640.05* crores (Offer). The offer comprises a fresh issue of 17,391,304* equity shares aggregating to Rs. 400.00 crores (Fresh Issue) and an offer for sale of 10,437,047* equity shares (Offered Shares) aggregating to Rs. 240.05* crores, comprising 1,172,976 equity shares aggregating to Rs. 26.98* crores by Bajrang Bothra, 666,798 equity shares aggregating to Rs. 15.34* crores by Laxmi Pat Bothra, 748,721 equity shares aggregating to Rs. 17.22* crores by Sanjay Singhania, 748,721 equity shares aggregating to Rs. 17.22* crores by Ajay dd Singhania (collectively, the Promoter Selling Shareholders), 286,351 equity shares aggregating to Rs. 6.59* crores by Pinky Ajay Singhania, 286,351 equity shares aggregating to Rs. 6.59* crores by Preity Singhania, 442,905 equity shares aggregating to Rs. 10.19* crores by Nikhil Bothra, 442,905 equity shares aggregating to Rs. 10.19* crores by Nitin Bothra, 379,633 equity shares aggregating to Rs. 8.73* crores by Rajjat Kumar Bothra (collectively, the Promoter Group Selling Shareholders), 4,630,284 equity shares aggregating to Rs. 106.50* crores by India Advantage Fund s4 i and 631,402 equity shares aggregating toRs. 14.52* crores by Dynamic India Fund s4 us i (collectively, the Investor Selling Shareholders, and together with the promoter selling shareholders and the promoter group selling shareholders, the Selling Shareholders, and such offer for sale of equity shares by the selling shareholders, the Offer for Sale). The offer constituted 29.05% of the post-offer paid up equity share capital of the company.The face value of the equity share is Rs. 10 each. The offer price is 23 times the face value of the equity shares.*Subject to finalisation of the basis of allotment.

    Objective of issue

    Epack Durable Ltd Contact Details

    Epack Durable Ltd, Karvy Selenium Tow-B, 31&32 Financial Dist, Nanakramguda, Hyderabad-500032

    Phone - 91-40-67162222

    Fax - 91-40-23001153/23420814

    Email - investors_ed@epack.in

    Website - www.epackdurable.com