Given that the EPACK Durable IPO is valued higher than its peers like Amber & PG Electroplast, analysts believe the stock could be looked to exit at the listing.
With sectoral tailwinds such as increasing global temperatures, higher consumer purchasing power and spending, urbanization, and favorable government policies, EPACK Durable looks set to perform in the medium to long term duration, analysts said, advising allottees to hold the shares for a medium to long term horizon.
EPACK Durable IPO: EPACK Durable Limited is set to enter the market with an Initial Public Offering (IPO) worth Rs 640.05 crores. The comprehensive IPO comprises a fresh issue of 1.74 crore shares, amounting to Rs 400.00 crores, along with an offer for sale of 1.04 crore shares, valued at Rs 240.05 crores., Markets News, Times Now