The term “Epack” appears to be associated with a company that is the second largest original design manufacturer (“ODM”) of room air conditioners in India. The company manufactures a wide range of large and small household appliances, such as room air conditioners and small household appliances.
EPACK Durable recently went public with its IPO listing, issued at Rs.230 per share. On the last day of subscription, the shares were subscribed 16.37 times and the stock listed at a discount of 3.91% from the issue price. According to the latest available information, the company specializes in the manufacture of living equipment.
There is a growing demand for a wide and sustainable market among consumers who seek prosperity with unique and advanced home appliances. Epack, a company specializing in Original Design Manufacturer (ODM) of room air conditioners, has successfully listed its Initial Public Offering (IPO) and has a high membership of stock, confirming its market recognition for high quality and stability. For specific information about the company’s products, financial position, or stock performance, it is recommended to look at official sources, financial news websites, or the company’s investor relations page for the most accurate and up-to-date information. Epack Durable Ltd, established in 2019, is India’s second-largest room air conditioner ODM with a substantial 29% market share.
Epack’s financial performance reflects positive growth with increasing revenue, and the company counts Bajaj Electricals Limited, BSH Household Appliances Manufacturing Private Limited, and Usha International Limited among its major clients
The IPO price range for Epack Durable Ltd is set between Rs 218 and Rs 230 per equity share, resulting in a total issue size of Rs 640.05 crore at the upper price band
The company’s valuation and outlook are as follows:
P/E Ratio: 50
P/B Ratio: 4
RoE (%) : 15
Please note that these ratios are based on the company’s FY23 earnings, and the PE ratio calculated based on the annualized FY24 earnings stands at 338.
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