Consumer Durables/RAC - Listed on 30 January 2024
EPACK Durable (Consumer Durables/RAC) closed its IPO window in 2024 and listed on NSE and BSE on 30 January 2024 at an upper band issue price of Rs 230, opening at Rs 221 for a listing gain of -3.9% and closing day one at Rs 207.6 (-9.7% on closing basis). The IPO was subscribed 16.79x overall - QIB 25.50x, HNI/NII 28.10x, Retail 6.50x. The total issue size was Rs 640.05 Cr (Fresh Issue Rs 240.05 Cr, OFS Rs 400 Cr). IPO GMP data, subscription trends across Day 1 - Day 3 and Nifty performance around the listing window are detailed below.
Consumer Durables/RAC
EPACK Durable operates in the Consumer Durables/RAC space. The company’s listed profile is shaped by its operating niche, customer demand and ability to convert that demand into steady cash flows. Investors should read its exchange filings alongside the headline listing numbers for a fuller view of the business.
Issue structure, listing outcome and context
The EPACK Durable issue was offered at an upper price of Rs 230 and raised approximately Rs 640.05 crore. The final outcome reflected a mix of subscription demand, valuation, market conditions and the company’s own operating story. Fresh issue and offer-for-sale details, where available, are shown in the issue metrics below.
Number of times each investor category subscribed by close of Day 3.
How overall subscription built up across the three-day issue window.
Grey market premium (GMP) tracked day-by-day across the IPO window. Absolute GMP is the premium in rupees over the upper issue price; GMP % is that premium as a percent of the issue price.
| Day | GMP (Rs) | GMP % |
|---|---|---|
| Day 1 | Rs 10 | +4.35% |
| Day 2 | Rs 10 | +8.70% |
| Day 3 | Rs 27 | +10.87% |
| Day 4 | Rs 30 | +11.74% |
| Day 5 | Rs 25 | +10.87% |
Comparison between market-based GMP prediction and IPOGyani's AI-powered listing gain prediction.
How the broader market moved around the EPACK Durable IPO window. Helpful for isolating how much of the listing gain came from company fundamentals vs. market tailwind.
EPACK Durable IPO listed at -3.9% versus the upper issue price of Rs 230 on 30 January 2024.
EPACK Durable IPO was subscribed 16.79x overall. QIB portion was subscribed 25.50x, HNI / NII 28.10x and Retail 6.50x.
IPO GMP started at Rs 10 on Day 1 and moved to Rs 25 by the close of the issue window. See the day-by-day GMP table above for the full trajectory.