Epack Durable’s Market Debut – A Quiet Start

Epack Durable IPO makes a quiet market debut

Listed at a 3.9% discount to IPO price

– “Opened at Rs 221 on NSE”
– “Rs 225 on BSE”
– “Issue price was Rs 230”

Analysts expected a 2-10% premium

Predicted range: Rs 235 to Rs 253 

2% premium in the grey market ahead of listing

Issue subscribed 16.37 times.

“Bids for 32.7 crore shares”
“Issue size of 1.99 crore”

Strong interest from investors.

“HNIs: 28.1 times their quota”
“Retail: 6.29 times their portion”
“Qualified institutional buyers: Booked 25.5 times”

Despite a quiet start, Epack Durable garners strong investor interest.

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