Page 4 - Epack Durable News Today

Epack Durable IPO will be open for subscription from January 19 to January 23. It has set the share price band for its upcoming IPO at Rs 218-230 per share. The minimum bid is for 65 equity shares. The IPO comprises a fresh equity issue of up to Rs 400 crore and an offer for sale of up to 10,437,047 shares by selling shareholders including the promoters and group entities. The company plans to use the proceeds to fund capital expansion and repay debt.

Jyoti CNC IPO: The stock opened at Rs 370 on NSE and Rs 372 on BSE against the issue price of Rs 331

Epack Durable, based in Uttar Pradesh, sets IPO price band at Rs 218-230 per share. The IPO involves selling new shares worth up to Rs 400 crore and e

Epack Durable Ltd. has set a price band of Rs 218–230 per share at a face value of Rs 10 each for its initial public offering, it said on Tuesday. The IPO is a mix of a fresh issue and an offer for the sale of equity shares. The total issue size is Rs 640.1 crore, the air-conditioner original design manufacturer said in a release on Tuesday. Epack will issue fresh equity worth Rs 400 crore in the three-day issue. The OFS will see promoters and investors sell over 1.04 crore equity shares.

The retail portion of the issue was fully subscribed, followed closely by the NII category at 70%. There were no bids in the QIB portion of the IPO.

EPACK Durable IPO: The price band for the issue has been fixed at Rs 218-230 per share

Nova Agritech IPO: The IPO is a mix of a fresh issuance of shares worth Rs 112 crore, and an offer-for-sale (OFS) of 77.58 lakh equity shares by Nutalapati Venkatasubbarao.

Jyoti CNC Automation IPO: Financial hiccups, including past losses and a negative return on equity, cast a shadow on the companys otherwise attractive profile, say analysts

Jyoti CNC IPO opened on January 9 and the stock is expected to list on the NSE and BSE on January 16

The IPO of Epack Durable, the second largest original design manufacturer (ODM) in the Indian room air conditioner manufacturing market, will open for subscription from January 19 to January 23. The IPO includes a fresh equity issue of up to Rs 400 crore and an offer for sale (OFS) of up to 10,437,047 shares by selling shareholders. The company plans to use the IPO proceeds to fund capital expansion and repay debt. The offer is reserved for qualified institutional buyers (QIB), retail investors,...