EPACK Durable IPO vs Innova Captab IPO

Comparision between EPACK Durable IPO and Innova Captab IPO.

IPO Details

EPACK Durable IPO is a Mainline Book Built Issue IPO proposed to list at BSE, NSE while Innova Captab IPO is a Mainline Book Built Issue proposed to list at BSE, NSE.

	EPACK Durable IPO	Innova Captab IPO
Logo
Issue Category	Mainline	Mainline
Issue Type	IPO	IPO
Process Type	Book Built Issue	Book Built Issue
Listing At	BSE, NSE	BSE, NSE
Lead Managers	Axis Capital Limited Dam Capital Advisors Ltd (Formerly Idfc Securities Ltd) ICICI Securities Limited	ICICI Securities Limited Jm Financial Limited
Registrar	Kfin Technologies Limited	Kfin Technologies Limited
Market Maker
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor	Anchor Investor	Anchor Investor
IPO Allotment URL	IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of EPACK Durable IPO is up to ₹640.05 Cr whereas the issue size of the Innova Captab IPO is up to ₹570.00 Cr. The final issue price of EPACK Durable IPO is ₹230.00 per share and of Innova Captab IPO is ₹448.00 per share.

	EPACK Durable IPO	Innova Captab IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹218.00 per share	₹426.00 per share
Issue Price (Upper)	₹230.00 per share	₹448.00 per share
Issue Price (Final)	₹230.00 per share	₹448.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	65 shares	33 shares
Fresh Issue Size	1,73,91,304 shares	71,42,857 shares
Fresh Issue Size (Amount)	up to ₹400.00 Cr	up to ₹320.00 Cr
OFS Issue Size	1,04,37,047 shares	55,80,357 shares
OFS Issue Size (Amount)	up to ₹240.05 Cr	up to ₹250.00 Cr
Issue Size Total	2,78,28,351 shares	1,27,23,214 shares
Issue Size Total (Amount)	up to ₹640.05 Cr	up to ₹570.00 Cr

IPO Timetable

EPACK Durable IPO opens on Jan 19, 2024, while Innova Captab IPO opens on Dec 21, 2023. The closing date of EPACK Durable IPO and Innova Captab IPO is Jan 24, 2024, and Dec 26, 2023, respectively.

	EPACK Durable IPO	Innova Captab IPO
Anchor Bid Date	Jan 18, 2024	Dec 20, 2023
Issue Open	Jan 19, 2024	Dec 21, 2023
Issue Close	Jan 24, 2024	Dec 26, 2023
Basis Of Allotment (Tentative)	Jan 25, 2024	Dec 27, 2023
Initiation of Refunds (Tentative)	Jan 29, 2024	Dec 28, 2023
Credit of Share (Tentative)	Jan 29, 2024	Dec 28, 2023
Listing date (Tentative)	Jan 30, 2024	Dec 29, 2023
Anchor Lockin End date 1	Feb 24, 2024	Jan 26, 2024
Anchor Lockin End date 2	Apr 24, 2024	Mar 26, 2024

Financials

EPACK Durable IPO P/E ratio is 56.4, as compared to Innova Captab IPO P/E ratio of 31.64.

EPACK Durable IPO

Innova Captab IPO

Financial

EPACK Durable Limited Financial Information (Restated)

EPACK Durable Limited's revenue increased by 66.09% and profit after tax (PAT) rose by 83.39% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	30 Sep 2023	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	1,071.45	1,464.16	1,076.68	520.37
Revenue	616.32	1,540.25	927.34	739.66
Profit After Tax	2.65	31.97	17.43	7.80
Net Worth	478.31	313.62	121.87	68.91
Total Borrowing	369.57	492.45	383.98	238.56
Amount in ₹ Crore

Innova Captab Limited Financial Information (Restated Consolidated)

Innova Captab Limited's revenue increased by 16.45% and profit after tax (PAT) rose by 6.26% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	30 Jun 2023	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	1,086.16	704.41	575.48	369.62
Revenue	234.37	935.58	803.41	412.03
Profit After Tax	17.59	67.95	63.95	34.50
Net Worth	294.27	276.46	208.56	144.78
Reserves and Surplus	317.51	228.51	196.61	132.82
Total Borrowing	441.90	235.19	198.18	45.03
Amount in ₹ Crore

Promoter Shareholding (Pre-Issue)

85.49%

66.85%

Promoter Shareholding (Post-Issue)

65.36%

P/E Ratio

56.4

31.64

Market Cap

₹2203.37 Cr.

₹2563.70 Cr.

ROE

14.68%%

24.58%%

ROCE

11.85%%

22.61%%

Debt/Equity

1.58

0.85

EPS

₹4.08

₹14.16

RoNW

14.68%%

24.58%%

Shares Offered

In the EPACK Durable IPO retail investors (RII) are offered 97,39,923 shares while in Innova Captab IPO retail investors are offered 97,39,923 shares. Qualified institutional buyers (QIB) are offered 55,65,670 shares in EPACK Durable IPO and 25,44,643 shares in Innova Captab IPO.

	EPACK Durable IPO	Innova Captab IPO
Anchor Investor Reserveration	83,48,504 shares	38,16,963 shares
Market Maker Reserveration
QIB	55,65,670 shares	25,44,643 shares
NII	41,74,253 shares	19,08,482 shares
RII	97,39,923 shares	44,53,125 shares
Employee	0 shares	0 shares
Others
Total	1,94,79,846 shares	89,06,250 shares

Bids Received (Subscription)

EPACK Durable IPO subscribed 16.79x in total, whereas Innova Captab IPO subscribed 55.26x.

	EPACK Durable IPO	Innova Captab IPO
QIB (times)	25.59x	116.73x
NII (times)	29.07x	64.95x
Big NII (times)	31.60x	71.59x
Small NII (times)	21.74x	51.65x
RII (times)	6.50x	17.15x
Employee (times)
Other (times)
Total (times)	16.79x	55.26x

Compare with others

EPACK Durable IPO	Innova Captab IPO
Platinum Industries IPO	R K SWAMY IPO
Apeejay Surrendra Park IPO	EPACK Durable IPO
Rashi Peripherals IPO	Nova AgriTech IPO
BLS E-Services IPO	Medi Assist Healthcare IPO
R K SWAMY IPO	Jyoti CNC Automation IPO
Nova AgriTech IPO	Azad Engineering IPO
Medi Assist Healthcare IPO	Mufti Menswear IPO
Jyoti CNC Automation IPO	Inox CVA IPO
Innova Captab IPO	Suraj Estate Developers IPO
Azad Engineering IPO	RBZ Jewellers IPO

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