Epack Durables IPO: Check status, GMP, listing date and other details

Following a decent response from investors for the IPO, Epack Durables allotment is expected to be finalised later in the day. The issue received subscription of 16.3 times, led by strong demand from non-institutional and institutional investors. Under the allotment process, investors will be allocated shares on a lottery basis.


Investors can check the status of their share allotment on the BSE or even by logging in to the registrar website.


Firstly, here's how you can know the status on BSE

Step 1: Visit the BSE Website (https://www.bseindia.com/investors/appli_check.aspx)

Step 2: Please select the issue name, that is the company's name in the drop down.

Step 3: Enter the application number or PAN number to check the allotment status.

To check the status of Medi Assist Healthcare allotment through the registrar, which is KFin Technologies in this case, kindly follow the below steps.

Step 1: Visit the KFin Technologies website (https://rti.kfintech.com/ipostatus/)

Step 2: Select Epack Durables IPO

Step 3: Enter the PAN details and click search to know the status

Also Read: BLS E-Services IPO to open on January 30. Check price band, issue size and other details

Epack Durables GMP

On the allotment day, Epack durables GMP is around Rs 27, marginally down from the previous day. The company's shares are expected to be listed on the exchanges on January 30.

If we consider the upper price band of Rs 230, the stock is likely to debut with a premium of 12%.

Fresh proceeds from the IPO will be used to fund capital expansion plans and repay part of its outstanding debt.

Epack Durable is the second largest room air conditioner original design manufacturer (ODM) in India in terms of number of units in FY23. Its current product portfolio comprises room air conditioners where it designs and manufactures complete RACs, small domestic appliances and components.

The company strengths include its long-standing relationships with top customers, advanced vertically integrated manufacturing and robust product development capabilities.

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