Avoid EPACK Durable Limited IPO

Discussion in 'IPOs And NFOs' started by Vidhi Khanna, Jan 19, 2024.

  1. Vidhi Khanna

    Vidhi Khanna Active Member Staff Member

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    Avoid EPACK Durable Limited IPO. Though the Co is likely to grow on the back of strong growth in Indian RAC Market which is expected to grow at a CAGR of 15.7% during FY23-FY28 period, the valuation of FY23 PE & EV/EBITDA multiple of 65.7x & 25.6x is steep

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