Business

EPACK Durable IPO: IPO of AC parts manufacturing company is going to come in the market, investors are already lining up.

what does the corporate do

EPACK Sturdy is Uttar Pradesh base firm. It manufactures components for AC manufacturing corporations like Blue Star, Daikin Airconditioning, Voltas, Haier Home equipment. Together with this, the corporate additionally manufactures components of induction cooktops, mixer-grinder, water dispenser and many others. The corporate plans to repay its debt with the cash raised from the IPO and spend the remaining cash on the enlargement of the corporate. Within the monetary yr 2023, the corporate’s revenue had elevated by 83.40 % to Rs 32 crore.

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