The EPACK Durable company intends to allocate the funds raised from the new issuance towards several objectives: investing in creating or enlarging production sites, partial or complete repayment or prepayment of existing company debts, and various general business activities.
EPACK Durable IPO GMP Today
The grey market premium for EPACK Durable’s IPO was ₹31, showing that the shares were being traded at a premium in the grey market. With the IPO’s top price band at ₹230, the addition of this premium suggested an anticipated listing price of ₹261 per share. This price is 13.48% above the IPO price, reflecting the grey market’s willingness to pay a higher price than the official issue rate.
EPACK Durable IPO Lot Size Details
The minimum quantity of equity shares available for purchase in the EPACK Durable IPO is 65 shares, and further purchases can be made in multiples of 65 shares. The starting price for these shares is set at 21.8 times their nominal value, with the maximum price being 23 times the nominal value of the shares.
EPACK Durable IPO Price Band
The price range for EPACK Durable’s Initial Public Offering (IPO) has been established between ₹218 and ₹230 for each share, with a face value of ₹10 per share.
EPACK Durable IPO Timeline
The Initial Public Offering (IPO) of EPACK Durable will be available for subscription starting from January 19, 2024, and will remain open until January 23, 2024.
About the EPACK Durable Company
The EPACK Durable company, dedicated to its customers, operates specialized research and development centers located in Greater Noida, Bhiwadi, and Dehradun. These centers have various equipment, including endurance testing labs for RACs and SDAs, induction coils for automatic voltage and breakdown testing, needle flame testing devices, and tailor-made glow wire testing equipment.
How to apply for the EPACK Durable IPO?
To apply for the EPACK Durable IPO through Alice Blue, follow these steps:
1. Open a Demat and Trading Account with Alice Blue if you don’t have one.
2. Access IPO details for EPACK Durable on the Alice Blue platform.
3. Place your bid for the desired number of shares within the IPO’s price range.
4. Confirm your information and submit your application quickly.
After the allotment process, check your allotment status to verify share allocation. Applying for the EPACK Durable IPO with Alice Blue is quick and straightforward!
