{"id":16159,"date":"2024-01-19T20:03:07","date_gmt":"2024-01-19T14:33:07","guid":{"rendered":"https:\/\/univest.in\/blogs\/?p=16159"},"modified":"2024-01-19T20:03:07","modified_gmt":"2024-01-19T14:33:07","slug":"epack-ipo-opens-for-subscription","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/epack-ipo-opens-for-subscription\/","title":{"rendered":"Should Investors Bid or Skip in Epack Durable IPO?"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/epack-ipo-opens-for-subscription\/#EPACK_Durable_a_top_original_design_manufacturer_of_room_air_conditioners_made_its_initial_public_offering_IPO_debut_today\" title=\"EPACK Durable, a top original design manufacturer of room air conditioners, made its initial public offering (IPO) debut today.\">EPACK Durable, a top original design manufacturer of room air conditioners, made its initial public offering (IPO) debut today.<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/epack-ipo-opens-for-subscription\/#Positives_to_keep_in_mind_before_investing\" title=\"Positives to keep in mind before investing:\">Positives to keep in mind before investing:<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/epack-ipo-opens-for-subscription\/#Conclusion\" title=\"Conclusion\">Conclusion<\/a><\/li><\/ul><\/nav><\/div>\n<h4><span class=\"ez-toc-section\" id=\"EPACK_Durable_a_top_original_design_manufacturer_of_room_air_conditioners_made_its_initial_public_offering_IPO_debut_today\"><\/span>EPACK Durable, a top original design manufacturer of room air conditioners, made its initial public offering (IPO) debut today.<span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p>The IPO, which will remain open for subscription until January 23rd, has sparked a heated debate among investors. The question on everyone&#8217;s mind is whether or not they should bid or skip.<\/p>\n<h4><span class=\"ez-toc-section\" id=\"Positives_to_keep_in_mind_before_investing\"><\/span><strong>Positives to keep in mind before investing:<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p>On the positive side,<a href=\"https:\/\/univest.in\/\"> EPACK&#8217;s market<\/a> leadership is impressive, with a 24% market share in domestically manufactured units. The company stands out from its competitors with its vertically integrated and automated plants that promise improved margins.<\/p>\n<p>The \u20b9230 crore raised from the <a href=\"https:\/\/en.wikipedia.org\/wiki\/Initial_public_offering\" rel=\"nofollow noopener\" target=\"_blank\">IPO<\/a> is expected to fund capacity expansion, leading to incremental business, which is a promising growth potential.<br \/>\nEPACK&#8217;s solid financials are also worth noting, with analysts commending the company&#8217;s consistent performance, long-standing customer relationships, and fair valuation compared to peers.<\/p>\n<p>Despite a potential slowdown in 2024, the domestic air conditioning market holds long-term promise, and EPACK is well-positioned to capitalize on it with its medium-term growth drivers.<\/p>\n<p><strong>Some negatives to consider as well:<\/strong><\/p>\n<p>For instance, some analysts find the P\/E of 56.4 at the upper price band a bit stretched, urging caution. Dependence on a few major customers poses a risk, and the room air conditioner industry experiences significant seasonal fluctuations.<\/p>\n<p>While shares command a \u20b931 premium in the unlisted market, indicating positive sentiment, grey market data is unreliable and volatile.<\/p>\n<h4><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span><strong>Conclusion<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p>While EPACK&#8217;s strengths are attractive, investors should exercise caution. It is crucial to thoroughly assess risk tolerance, current market sentiment, and the company&#8217;s detailed financials before making a decision. It&#8217;s worth keeping in mind that this is not financial advice, and investors should do their own research before investing.<\/p>\n<p><em>Key details to remember include the price band of \u20b9218-230 per share, the issue size of \u20b9640 crore, and the listing date of January 29th.<\/em><\/p>\n<p><strong>Remember, this is not financial advice. Do your own research before investing.<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>EPACK Durable, a top original design manufacturer of room air conditioners, made its initial public offering (IPO) debut today. The IPO, which will remain open for subscription until January 23rd, has sparked a heated debate among investors. The question on everyone&#8217;s mind is whether or not they should bid or skip. Positives to keep in<\/p>\n","protected":false},"author":15,"featured_media":26913,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[842],"tags":[],"class_list":["post-16159","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"metadata":{"_last_editor_used_jetpack":["classic-editor"],"_edit_lock":["1705674648:13"],"_edit_last":["13"],"rank_math_internal_links_processed":["1"],"rank_math_seo_score":["78"],"rank_math_focus_keyword":["Epack"],"rank_math_title":["Epack Durable IPO Opens on 19 Jan for Subscription"],"rank_math_description":["Epack durables, a top original design manufacturer of room air conditioners, made its initial public offering (IPO) debut today. 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