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Epack Durable Ltd IPO Synopsis

An Initial Public Offering is an opportunity for investors to take part in the growth of a company. It is always better to be in the first batch of investors. The shares offered by the company get listed on the stock exchanges and can be bought and sold by investors.

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Epack Durable Ltd IPO

Registered Office: 61-B Udyog Vihar Surajpur,Kasna Road Greater Noida , Gautam Buddha Nagar - 201306 , Uttar Pradesh , India.
Phone : 91-120-2569077   Fax:
Email :  investors_ed@epack.in  
Website :  www.epackdurable.com
Initial public offering of 27,828,351* equity shares of face value of (Rs)10 each ("Equity Shares") of the company for cash at a price of (Rs)230 per equity share (including a share premium of (Rs)220 per equity share) ("Offer Price") aggregating to (Rs)640.05* crores ("Offer"). The offer comprises a fresh issue of 17,391,304* equity shares aggregating to (Rs)400.00 crores ("Fresh Issue") and an offer for sale of 10,437,047* equity shares ("Offered Shares") aggregating to (Rs)240.05* crores, comprising 1,172,976 equity shares aggregating to (Rs)26.98* crores by Bajrang Bothra, 666,798 equity shares aggregating to (Rs)15.34* crores by Laxmi Pat Bothra, 748,721 equity shares aggregating to (Rs)17.22* crores by Sanjay Singhania, 748,721 equity shares aggregating to (Rs)17.22* crores by Ajay dd Singhania (collectively, the "Promoter Selling Shareholders"), 286,351 equity shares aggregating to (Rs)6.59* crores by Pinky Ajay Singhania, 286,351 equity shares aggregating to (Rs)6.59* crores by Preity Singhania, 442,905 equity shares aggregating to (Rs)10.19* crores by Nikhil Bothra, 442,905 equity shares aggregating to (Rs)10.19* crores by Nitin Bothra, 379,633 equity shares aggregating to (Rs)8.73* crores by Rajjat Kumar Bothra (collectively, the "Promoter Group Selling Shareholders"), 4,630,284 equity shares aggregating to (Rs)106.50* crores by India Advantage Fund s4 i and 631,402 equity shares aggregating to (Rs)14.52* crores by Dynamic India Fund s4 us i (collectively, the "Investor Selling Shareholders", and together with the promoter selling shareholders and the promoter group selling shareholders, the "Selling Shareholders", and such offer for sale of equity shares by the selling shareholders, the "Offer for Sale"). The offer constituted 29.05% of the post-offer paid up equity share capital of the company. The face value of the equity share is (Rs)10 each. The offer price is 23 times the face value of the equity shares. *Subject to finalisation of the basis of allotment.

Issue Money Payable On
Opens On Closes On Application Allotment
19-Jan-24 24-Jan-24 (Rs)230.00-0.00 (Rs)0.00-0.00
Minimum Application for shares in Nos :65  Further Multiples of :65

  (Rs Cr) Lead Managers to the Issue
Project Cost 379.68
Axis Capital Ltd
Project Financed through Current Offer 640.05  
Post Issue Equity Share Capital 95.80  
Issue Price (Rs)230.00  
 
Projects
Funding capital expenditure requirements for setting up of a MFG facility inRepayment and/or prepayment in part or in full of certain outstanding loans of the company
Funding capital expenditure requirements for setting up of a MFG facilityGeneral corporate purposes
Purchase of equipment for the Bhiwadi MFG Facility
Promoted By
Bajrang Bothra  
Laxmi Pat Bothra  
Sanjay Singhania  
Listing At
BSE 
NSE 
Registrar to the Issue
KFin Techologies Ltd