EPACK Durable IPO Listing Highlights: Shares list at 3.91% discount to issue price - Buy, Sell or Hold? Check Anil Singhvi's view
EPACK Durable IPO Listing Highlights, EPACK Durable Share Price NSE, BSE: Shares of EPACK Durable Ltd settled at Rs 225 on the BSE, a discount of 2.17 per cent to the issue price of Rs 230. The IPO, in the price range of Rs 218-230 per share, was subscribed 16.37 times on the final day of subscription.
The company, which manufactures room air conditioners and small household appliances, raised Rs 192 crore from anchor investors on January 18.
Follow Zee Business Blog for all the highlights on the EPACK Durable share listing on NSE, BSE:
EPACK Durable IPO Listing Highlights, EPACK Durable Share Price NSE, BSE: Shares of EPACK Durable Ltd settled at Rs 225 on the BSE, a discount of 2.17 per cent to the issue price of Rs 230. The IPO, in the price range of Rs 218-230 per share, was subscribed 16.37 times on the final day of subscription.
The company, which manufactures room air conditioners and small household appliances, raised Rs 192 crore from anchor investors on January 18.
Follow Zee Business Blog for all the highlights on the EPACK Durable share listing on NSE, BSE:
Latest Updates
EPACK Durable IPO Listing LIVE Update; EPACK Durable Share Price NSE, BSE: Anil Singhvi's view on EPACK Durable shares
According to Zee Business Managing Editor Anil Singhvi, investors can hold the shares for long-term gain.
EPACK Durable IPO Listing LIVE Update; EPACK Durable Share Price NSE, BSE: Price settles at 2.17% discount in pre-open market on BSE
In the pre-opening session, EPACK Durable shares settled at Rs 225 on the BSE, a discount of 2.17 per cent to the issue price of Rs 230.
EPACK Durable IPO Listing LIVE Update; EPACK Durable Share Price NSE, BSE: Price settles at 3.91% discount in pre-open market
In the pre-opening session, EPACK Durable shares settled at Rs 221 on the NSE, a discount of 3.91 per cent to the issue price of Rs 230.
EPACK Durable IPO Listing LIVE Update; EPACK Durable Share Price NSE, BSE: Fresh issue of Rs 400 crore
The IPO has a fresh issue of Rs 400 crore and an Offer For Sale (OFS) of up to 1,04,37,047 equity shares. The price band was fixed at Rs 218-230 a share.
EPACK Durable IPO Listing LIVE Update; EPACK Durable Share Price NSE, BSE: RIIs fetched 6.29 times subscription
The portion meant for Retail Individual Investors (RIIs) fetched 6.29 times subscription.
EPACK Durable IPO Listing LIVE Update; EPACK Durable Share Price NSE, BSE: QIBs received 25.50 times subscription
The quota for Qualified Institutional Buyers (QIBs) received 25.50 times subscription.
EPACK Durable IPO Listing LIVE Update; EPACK Durable Share Price NSE, BSE: NIIs got subscribed 28.10 times
The category for Non-Institutional Investors (NIIs) got subscribed 28.10 times.
EPACK Durable IPO Listing LIVE Update; EPACK Durable Share Price NSE, BSE: Received bids for 32,70,94,495 shares
The Initial Public Offering (IPO) received bids for 32,70,94,495 shares as against 1,99,77,615 shares on offer, as per NSE data.
EPACK Durable IPO Listing LIVE Update; EPACK Durable Share Price NSE, BSE: What does the company do?
Founded in 2002, the company has integrated manufacturing facilities in Dehradun (Uttarakhand) and Bhiwadi (Rajasthan). It manufactures room air conditioners, components, and small household appliances for leading Indian and MNC brands in India as an Original Design Manufacturer (ODM).
EPACK Durable IPO Listing LIVE Update; EPACK Durable Share Price NSE, BSE: IPO subscribed 16.37 times
The initial share sale of EPACK Durable was subscribed 16.37 times on the final day of subscription on Wednesday.