EPACK Durable IPO got good feedback, being subscribed 16.37 times on the third day, despite progressing slowly.
The allotment process for EPACK Durable Limited’s IPO has ended and investors awaiting their share allocation can now check the latest Grey Market Premium (GMP).
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The IPO subscription period ran from Friday, January 19, to Wednesday, January 24.
Despite a gradual pace, the EPACK Durable IPO garnered positive responses from both retail and non-institutional investors, with the subscription status reaching 16.37 times on the third day, according to data from BSE.
Investors who applied for the EPACK Durable IPO can now check their allotment status on the registrar’s portal, managed by Kfin Technologies Ltd.
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The basis of allotment will reveal the number of shares allocated, while those not allotted will receive a refund.
For applicants not allotted shares, the refund process will kick off on Monday, January 29, with shares credited to demat accounts on the same day.
The listing date for EPACK Durable IPO is set for Tuesday, January 30.
To check the allotment status online, investors can visit the IPO registrar’s website, Kfin Technologies Ltd., and follow these steps:
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For Kfin Technologies Ltd
- Click on the link: https://ris.kfintech.com/ipostatus/
- Open one of the five provided links and select “EPACK Durable Limited” from the dropdown menu.
- Choose one of the options – Application No, Demat Account, or PAN.
- Enter the required details and captcha code. Click “Submit.”
Steps to check EPACK IPO allotment status on BSE
- Visit BSE’s official allotment page: https://www.bseindia.com/investors/appli_check.aspx
- Under ‘Issue Type,’ select ‘Equity.’
- Choose the IPO from the drop-down option.
- Enter PAN or application number.
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Steps to check EPACK IPO allotment status on NSE
- Visit NSE’s official website: https://www1.nseindia.com/products/dynaContent/equities/ipos/ipo_login.jsp
- Register with PAN by selecting ‘Click here to sign up.’
- Enter username, password, and captcha code.
- Check IPO allotment status on the new page.
Meanwhile, the Grey Market Premium (GMP) for EPACK Durable IPO currently stands at +18, indicating a drop from the initial sessions.
The estimated listing price is Rs 248 per share, a 7.83 per cent premium over the IPO price of Rs 230.
The GMP, ranging from Rs 0 to Rs 31, reflects investor willingness to pay more than the issue price.
