EPACK Durable Ltd. has announced that it will open its Initial Public Offer (IPO) for shares on Friday, January 19, 2024. The IPO comprises a fresh issue aggregating up to ₹400 crore and an offer for sale of up to 10,437,047 equity shares.
The issue will close on Tuesday, January 23, 2024. The price range has been set at ₹218 to ₹230 per share. Bids can be made for a minimum of 65 shares and in multiples of 65 shares thereafter.
The Company intends to use the net proceeds from the Reissue to fund capital expenditures for expansion/establishment of production facilities, partial or full repayment and/or early repayment of certain outstanding loans of the Company and general corporate purposes.
This is a premium article available exclusively to our subscribers. Read more than 250 premium articles like this every month You've exhausted your free article limit. Please support quality journalism. You have exhausted your free item limit. Please support quality journalism. X You have read {{data.cm.views}} out of {{data.cm.maxViews}} free items. X This is your last free article.
Comments are closed.