EPACK Durable IPO

EPACK Durable IPO: Breaking Records and Making Waves in the Market

🚀 EPACK Durable IPO shakes up the market with record-breaking subscriptions and strong investor interest. Find out more! 📈

EPACK Durable IPO is causing a stir in the market as it gets fully booked on day 2, showcasing strong retail and non-institutional interest. The Noida-based company's shares are in high demand, with subscription rates soaring to 3.67 times on the second day of the offer. Retail investors have shown keen interest, subscribing 3.80 times, while non-institutional investors aren't far behind at 7.90 times. With a price band of Rs 218-230 per share, EPACK Durable is set to make a significant impact in the IPO market.

The IPO of EPACK Durable opened on January 19 and is set to close on January 24. Investors are eyeing the company's growth potential, especially after the IPO subscribed 80% on day 1. With a fresh issue for Rs 400 crore and an offer for sale of 1.04 crore shares, EPACK Durable is positioning itself for long-term success in the market.

In addition to strong investor demand, EPACK Durable is also seeing positive trends in the grey market. Unlisted shares are trading Rs 25 higher, indicating a potential 10.87% listing gain from the public issue. This positive reception in the grey market further underscores the company's market potential and investor confidence.

As EPACK Durable continues to draw attention and subscription rates soar, it solidifies its position as a significant player in the IPO landscape. Investors are eagerly awaiting the listing of the shares and anticipating impressive gains in the market.