EPACK Durable, a stalwart in the packaging industry, is set to make waves with its IPO with a bidding period of January 19 – January 23, 2024, offering a chance for investors to be part of a company synonymous with innovation and durability. The reasons to invest in EPACK Durable span from its leadership in durable packaging to its commitment to sustainability and technological advancement. For investors seeking a strategic addition to their portfolios, EPACK Durable IPO may well represent a gateway to long-term success in the dynamic world of finance.
Key strength areas
Established and enduring customer partnerships
Over the course of their business journey, they have fostered enduring relationships with numerous esteemed Indian and global clients. Their sustained success is attributed, in part, to the strength of their customer base. Furthermore, they plan to leverage these longstanding relationships as a catalyst for future growth, aiming to expand their market share.
Advanced integration in manufacturing operations
They boast the highest degree of backward integration for Refrigeration and Air Conditioning (RAC) systems within a single company and site, all of which has been organically developed in India. Their unique approach involves manufacturing products and their corresponding components in the same location. This strategic integration helps eliminate the typical costs associated with transporting parts between different facilities.
Robust capabilities in product development and design optimization
Their reliance on integrated, location-focused manufacturing, coupled with their prowess in product development and design, underscores their commitment to achieving customer satisfaction. This focus on quality and cost-efficient manufacturing processes not only fosters customer loyalty but also generates repeat business.
Strong financials
EPACK Durables has recorded a net worth for FY 2023 Rs. 313.62 crores as compared to Rs. 121.86 crores in FY 2022. It has posted a net profit of Rs. 31.97 crores for FY 2023 with ROE of 14.68%.
Investors may consider participating in the EPACK Durable IPO and explore the potential it holds for long-term growth and financial success. The price band of the IPO is Rs. 218 – 230 per share with a minimum lot size of 65 shares. It is always recommended to analyze investment objectives before investing in any financial instrument.
