EPACK Durable IPO Allotment: Applicants will be allotted shares today, quickly check how many stocks have come to your account.
[ad_1]
EPACK Durable IPO Allotment: The company is alloting shares to the initial public offering (IPO) bidders of Epack Durable today. On Wednesday, the last day of application, subscription was received 16.37 times. According to data available on the National Stock Exchange (NSE), bids were placed for 32,70,94,495 shares against the offer of 1,99,77,615 shares under the issue. The segment for non-institutional investors was subscribed 28.10 times while the segment reserved for qualified institutional buyers was subscribed 25.50 times. Whereas the retail individual investors segment got subscription of 6.29 times. The price range for the IPO was fixed at Rs 218-230 per share. The IPO is expected to raise Rs 640 crore at the upper price range. Before the opening of the IPO, the company Epack Durable had raised Rs 192 crore from anchor investors. Epack Durable Limited, established in the year 2002, manufactures room air conditioners and small home appliances. It has two production plants in Dehradun and Bhiwadi.
How to check allotment status
If you have applied for ePack Durable IPO, you can check ePack Durable IPO allotment status online on the website of IPO Registrar, Kfin Technologies Limited. You can check IPO allotment status on your application on ePack Durable today. To check IPO allotment status go to. If you click on the link, you will see 5 links. Where you can see the status. Open one of the five links given, then select Epac Durable Limited from the dropdown menu in the IPO section. Choose one of the three options to check status: Application Number, Demat Account or PAN Number. If you select the application number, type it and then type the captcha code. Click “Submit”. You will see the status of the application.
How to check allotment status on registered portal
-
Go to the registered portal. After clicking on the available link, you will see five links where the status can be checked.
-
By clicking on one of the links, select JSW Infrastructure Limited from the dropdown menu in the IPO section.
-
Select any one of the three options to check allotment status, i.e. Application Number, Demat Account or PAN.
-
If you have chosen the first option, type the application number and captcha code, then click on ‘Submit’.
-
If you have opted to check status through Demat account number, type it and enter the captcha code before clicking on ‘Submit’.
-
For the third option, enter your PAN number and type the captcha code. Click on ‘Submit’.
How to check allotment status on BSE and NSE
-
For BSE, visit the allotment page of the official site. Now select ‘Equity’ under the ‘Issue Type’ section. Select IPO from the dropdown option under ‘Issue Name’.
-
Enter your PAN or application number to check the status.
-
Go to the website of National Stock Exchange.
-
Select the ‘Click to Sign Up’ option and register yourself with your PAN.
-
Now login using username, password and captcha code. Check your IPO allotment status on the new page that opens.
What to do if the share is not allotted?
If you are not allotted share even after applying then there is no need to be disappointed. You can buy shares of the company from the gray market. Gray market is the second hand market for buying and selling of shares. Here you can buy it by paying a little premium on the share.
what does the company do
EPACK Durable is Uttar Pradesh base company. It manufactures parts for AC manufacturing companies like Blue Star, Daikin Airconditioning, Voltas, Haier Appliances. Along with this, the company also manufactures parts of induction cooktops, mixer-grinder, water dispenser etc.
Why is the company collecting money from IPO?
The company plans to repay its debt with the money raised from the IPO and spend the remaining money on the expansion of the company. In the financial year 2023, the company’s profit had increased by 83.40 percent to Rs 32 crore.
[ad_2]
Source link
