EPACK Durable IPO Opens with Strong Demand: Key Details and Analysis


January 19, 2023

New Delhi, India

EPACK Durable Limited IPO

The Initial Public Offering (IPO) of EPACK Durable Limited has recently opened to a warm reception in the market. Investors are eagerly eyeing this opportunity, considering the company’s grey market premium and subscription status.

Grey Market Premium (GMP):

Market observers report a noteworthy ₹33 premium in the grey market for EPACK Durable shares, indicating early demand even before the IPO concludes.

IPO Price and Dates:

EPACK Durable has set a price band of ₹218 to ₹230 per equity share for its IPO. The offering, open from the current date, will continue to accept bids until January 23, 2024.

Size and Allocation:

The company aims to raise ₹640.05 crore through its IPO, with ₹400 crore from fresh shares and ₹240.05 crore through the Offer For Sale (OFS) route. Investors can apply in lots, with one lot comprising 65 shares.

Subscription Status:

As of 10:12 AM on day one, the IPO has been subscribed 0.04 times overall, with the retail portion at 0.07 times and the NII portion at 0.02 times.

Allotment and Listing:

Share allocation results are expected on January 24, 2024. EPACK Durable plans to list on both BSE and NSE, with the mainboard issue likely to debut on January 29, 2024.

Registrar: Kfin Technologies Ltd has been appointed as the official registrar for EPACK Durable’s IPO.


The EPACK Durable IPO seems to be gaining traction early on, with a positive grey market premium and decent subscription figures. Investors should weigh these factors and conduct thorough research before deciding whether to participate in this promising opportunity. Stay tuned for updates as the IPO progresses.

Also Check: Baweja Studios IPO: All You Need to Know (Price Band: ₹180-190)

Upcoming IPO


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