EPW India IPO
Open SmeCurrent GMP
₹0 (0.00%)
Price Band
₹ 95 – 97
Lot Size
1200
Issue Size
₹31.81 Cr
Minimum Investment
₹232800 (2400 Shares)
Listing Date
30 December 2025
Subscription
1.39x
About the Company
EPW India is an IT electronics refurbishment company specializing in the supply of affordable, high-quality refurbished laptops, desktops, Chromebooks, monitors, and related accessories. The company operates across both business-to-business (B2B) and direct-to-consumer (B2C) channels, serving a diverse customer base that includes enterprises, institutions, and individual end users.
EPW India procures pre-owned laptops, desktops, Chromebooks, and peripherals, which are refurbished to near-new condition through a rigorous in-house process. The company operates a 4,500 sq. ft. refurbishment facility staffed by a skilled team of 32 trained technicians. Each product undergoes a 15–20 day refurbishment cycle, including comprehensive diagnostics, hardware repair or replacement, deep cleaning, quality testing, and fresh software installation before being approved for sale.
The company is focused on delivering reliable, sustainable, and cost-effective IT solutions, supporting both affordability and environmental responsibility by extending the lifecycle of electronic devices.
In FY 2025, EPW India derived 54.29% of its revenue from the B2C segment, while the remaining 45.20% was generated from B2B sales, reflecting a balanced revenue mix across its customer segments.
Promoters
- Yousuf Uddin
- Mohd. Fasi Uddin
- Mohd. Zaki Uddin
Promoters Holding
Holding Pre Issue
100.00%
Holding Post Issue
71.43%
Objects of the Issue
The Company EPW India IPO proposes to utilise the Net Proceeds from the Issue towards the following objects.
- Funding the working capital requirements
- Repayment of Banking Facilities availed by the Company
- General Corporate Purposes
Address / Contact Info
EPW India Ltd.
Shop No. 131 & 132, Ground Floor,
C-Block Chenoy Trade Center, Parklane
Secunderabad
Hyderabad, Telangana, 500003
Phone: 79934 39988
Email: compliance@epwindia.com
Website: https://epwindia.com/
IPO Snapshot
IPO Timeline (Tentative)
IPO Open Date
Monday, 22 December 2025
IPO Close Date
Wednesday, 24 December 2025
Basis of Allotment
Friday, 26 December 2025
Initiation of Refunds
Monday, 29 December 2025
Credit of Shares to Demat
Monday, 29 December 2025
Listing Date
Tuesday, 30 December 2025 — NSE & BSE
Important Dates
Open Date
22 December 2025
Close Date
24 December 2025
Basis Of Allotment
26 December 2025
Listing Date
30 December 2025
Financial Performance (₹ in Crores)
| Particular | 30 Sep 2025 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|---|
| Assets | 42.49 | 26.55 | 8.1 | 6.25 |
| Revenue | 44.04 | 53.34 | 18.55 | 6.66 |
| Profit After Tax | 4.02 | 4.33 | 0.74 | 0.06 |
| Net Worth | 9.23 | 5.28 | 0.95 | 0.21 |
| Reserve & Surplus | 5.13 | 5.18 | 0.85 | 0.11 |
| Total Borrowings | 16.96 | 12.25 | 0.23 | 0.58 |
EPS Pre
5.28%
EPS Post
7.01%
P/E Pre
18.36
P/E (Post Issue)
13.84x
Company Financial Information
KPI Information (₹ in Crores)
| Particular | Mar 2025 | Mar 2024 | Mar 2023 |
|---|---|---|---|
| ROE % | 139.17 | 128.44 | 36.94 |
| ROCE % | 35.03 | 86.47 | 11.12 |
| Debt / Equity | 2.32 | 0.24 | 2.82 |
| RoNW % | 82.06 | 78.21 | 31.2 |
| PbW | 0 | 0 | 0 |
| Pat Margin % | 8.13 | 4 | 0.97 |
Return Ratio
IPO Reservations
| Category | Shares Offered | Shares Offered % | Max Allotee |
|---|---|---|---|
| Qualified Institutions | 622800 | 28.53 | 0 |
| Non-Institutional | 468000 | 21.44 | 0 |
| BNII | 312000 | 14.29 | 0 |
| SNII | 156000 | 7.15 | 0 |
| Retail Investors | 1092000 | 50.03 | 0 |
| Total | 2182800 | 100 | 0 |
Subscription Status ( Wed, 24 Dec 25 01:54 PM)
| Category | Shares Offered | Shares Bid For | Subscription (x) |
|---|---|---|---|
| Qualified Institutions | 622800 | 726000 | 1.17x |
| Non-Institutional | 468000 | 882000 | 1.88x |
| BNII | 312000 | 471600 | 1.51x |
| SNII | 156000 | 410400 | 2.63x |
| Retail Investors | 1092000 | 1428000 | 1.31x |
| Total | 2182800 | 3036000 | 1.39x |
Subscription figures are updated periodically and may change until issue closing. Data reflects bids placed across exchanges.
Peer Comparision
| Company | Face Value | PE Ratio | EPS Basic | EPS Diluted | RoNW | Net Assets |
|---|---|---|---|---|---|---|
| EPW India Limited | 5 | 0.00 | 4.28 | 4.28 | 41.19 | 10.39 |
| GNG Electronics Ltd | 2 | 63.99 | 1.58 | 1.58 | 3.60 | 43.76 |
| Newjaisa Technologies Ltd | 5 | 0.00 | -2.77 | -2.77 | -7.04 | 19.49 |
| Cerebra Integrated Technologies Ltd | 10 | 0.00 | -2.12 | -2.12 | -16.27 | 12.05 |
Lot Size & Investment Details
| Application | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 2 | 2,400 | 232,800.00 |
| Retail (Max) | 2 | 2,400 | 232,800.00 |
| S-HNI (Min) | 3 | 3,600 | 349,200.00 |
| S-HNI (Max) | 8 | 9,600 | 931,200.00 |
| B-HNI (Min) | 9 | 10,800 | 1,047,600.00 |
Registrar
Bigshare Services Pvt Ltd
91-22-6263 8200
investor@bigshareonline.com
https://www.bigshareonline.com
Book Running Lead Managers
- Getfive Advisors Private Limited
RHP Document
DRHP Document
Anchor Investors
Disclaimer: This data is for informational purposes only and does not constitute investment advice. Figures shown are illustrative sample data.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
EPW India IPO is a Book-building IPO worth ₹31.81 crores. The price band is ₹95 to 97 per share. The IPO opens on Mon, Dec 22, 2025 and closes on Wed, Dec 24, 2025. It will be listed on BSE and NSE. Bigshare Services Pvt Ltd is the registrar.
The EPW India IPO opens on Mon, Dec 22, 2025 and closes on Wed, Dec 24, 2025
EPW India IPO Price Band is ₹95 to 97.
EPW India IPO lot size is 1200, and the minimum amount required for application is ₹232800.
The minimum investment for EPW India IPO is approximately ₹232800 based on the upper price band.
To apply for the EPW India IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of Wed, Dec 24, 2025. After submission, funds are blocked until the basis of allotment of EPW India IPO is finalised.
EPW India IPO issue size is ₹31.81 crores.
EPW India IPO allotment date is Sat, Jun 27, 2026.
The registrar for EPW India IPO is Bigshare Services Pvt Ltd. Investors can go to Bigshare Services Pvt Ltd website for IPO allotment status, refund processing, and other queries related to EPW India IPO through their official website or helpline.