EPACK Durable IPO vs Platinum Industries IPO

Comparision between EPACK Durable IPO and Platinum Industries IPO.

IPO Details

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

	EPACK Durable IPO	Platinum Industries 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	Unistone Capital Pvt Ltd
Registrar	Kfin Technologies Limited	Bigshare Services Pvt Ltd
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 Platinum Industries IPO is up to ₹235.32 Cr. The final issue price of EPACK Durable IPO is ₹230.00 per share and of Platinum Industries IPO is ₹171.00 per share.

	EPACK Durable IPO	Platinum Industries IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹218.00 per share	₹162.00 per share
Issue Price (Upper)	₹230.00 per share	₹171.00 per share
Issue Price (Final)	₹230.00 per share	₹171.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	65 shares	87 shares
Fresh Issue Size	1,73,91,304 shares	1,37,61,225 shares
Fresh Issue Size (Amount)	up to ₹400.00 Cr	up to ₹235.32 Cr
OFS Issue Size	1,04,37,047 shares
OFS Issue Size (Amount)	up to ₹240.05 Cr
Issue Size Total	2,78,28,351 shares	1,37,61,225 shares
Issue Size Total (Amount)	up to ₹640.05 Cr	up to ₹235.32 Cr

IPO Timetable

EPACK Durable IPO opens on Jan 19, 2024, while Platinum Industries IPO opens on Feb 27, 2024. The closing date of EPACK Durable IPO and Platinum Industries IPO is Jan 24, 2024, and Feb 29, 2024, respectively.

	EPACK Durable IPO	Platinum Industries IPO
Anchor Bid Date	Jan 18, 2024	Feb 26, 2024
Issue Open	Jan 19, 2024	Feb 27, 2024
Issue Close	Jan 24, 2024	Feb 29, 2024
Basis Of Allotment (Tentative)	Jan 25, 2024	Mar 01, 2024
Initiation of Refunds (Tentative)	Jan 29, 2024	Mar 04, 2024
Credit of Share (Tentative)	Jan 29, 2024	Mar 04, 2024
Listing date (Tentative)	Jan 30, 2024	Mar 05, 2024
Anchor Lockin End date 1	Feb 24, 2024	Mar 31, 2024
Anchor Lockin End date 2	Apr 24, 2024	May 30, 2024

Financials

EPACK Durable IPO P/E ratio is 56.4, as compared to Platinum Industries IPO P/E ratio of 18.73.

EPACK Durable IPO

Platinum Industries 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

Platinum Industries Limited Financial Information (Restated Consolidated)

Platinum Industries Limited's revenue increased by 22.89% and profit after tax (PAT) rose by 111.76% 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	137.72	121.17	84.48	32.26
Revenue	123.73	232.56	189.24	89.53
Profit After Tax	22.84	37.58	17.75	4.82
Net Worth	85.04	61.88	22.34	4.47
Reserves and Surplus	44.86	21.80	21.28	3.53
Total Borrowing	11.46	17.43	24.24	3.26
Amount in ₹ Crore

Promoter Shareholding (Pre-Issue)

85.49%

94.74%

Promoter Shareholding (Post-Issue)

65.36%

P/E Ratio

56.4

18.73

Market Cap

₹2203.37 Cr.

₹939.22 Cr.

ROE

14.68%%

90.02%%

ROCE

11.85%%

56.85%%

Debt/Equity

1.58

0.28

EPS

₹4.08

₹9.13

RoNW

14.68%%

61.26%%

Shares Offered

In the EPACK Durable IPO retail investors (RII) are offered 97,39,923 shares while in Platinum Industries IPO retail investors are offered 97,39,923 shares. Qualified institutional buyers (QIB) are offered 55,65,670 shares in EPACK Durable IPO and 27,52,375 shares in Platinum Industries IPO.

	EPACK Durable IPO	Platinum Industries IPO
Anchor Investor Reserveration	83,48,504 shares	41,28,237 shares
Market Maker Reserveration
QIB	55,65,670 shares	27,52,375 shares
NII	41,74,253 shares	20,64,184 shares
RII	97,39,923 shares	48,16,429 shares
Employee	0 shares	0 shares
Others
Total	1,94,79,846 shares	96,32,988 shares

Bids Received (Subscription)

EPACK Durable IPO subscribed 16.79x in total, whereas Platinum Industries IPO subscribed 98.99x.

	EPACK Durable IPO	Platinum Industries IPO
QIB (times)	25.59x	151.00x
NII (times)	29.07x	141.79x
Big NII (times)	31.60x	138.46x
Small NII (times)	21.74x	148.46x
RII (times)	6.50x	50.92x
Employee (times)
Other (times)
Total (times)	16.79x	98.99x

Compare with others

EPACK Durable IPO	Platinum Industries IPO
Platinum Industries IPO	Vibhor Steel Tubes IPO
Apeejay Surrendra Park IPO	Entero Healthcare Solutions IPO
Rashi Peripherals IPO	Exicom Tele-Systems IPO
BLS E-Services IPO	Capital SFB IPO
R K SWAMY IPO	Jana SFB IPO
Nova AgriTech IPO	Apeejay Surrendra Park IPO
Medi Assist Healthcare IPO	Rashi Peripherals IPO
Jyoti CNC Automation IPO	BLS E-Services IPO
Innova Captab IPO	R K SWAMY IPO
Azad Engineering IPO	EPACK Durable IPO

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