EPW India IPO

EPW India is an NSE SME IPO listed on the NSE SME platform, priced at ₹95–₹97 per share. The stock debuted at ₹111, delivering a listing gain of 14.4%. The IPO had a lot size of ₹1200 shares and a minimum investment of ₹2,32,800.

EPW India Limited IPO

NSE SME Listed
₹2,32,800 (2400 Shares)
Minimum Investment
Check Allotment
IPO Dates
Dec 22, 2025 – Dec 24, 2025
Price band
₹95-97 per equity share
Minimum Investment
₹2,32,800
Issue size
₹31.81 Cr
Lot size
1200
Allotment Date
Dec 26, 2025
Listing
Dec 30, 2025
Listing At
NSE SME

IPO timeline

  1. Dec 22, 2025

    Open Date

    Completed

  2. Dec 24, 2025

    Close Date

    Completed

  3. Dec 26, 2025

    Allotment Date

    Completed

  4. Dec 30, 2025

    Listing Date

    Completed

EPW India IPO Subscription Details

View Subscription Details
QIB 1.17x
Individual 1.31x
NIIs 1.88x
bHNI 1.51x
sHNI 2.63x
Individual 1.31x
Total 1.39x

EPW India IPO subscription status shows demand across QIB, NII, and retail categories, helping investors understand participation levels.

Last updated:

EPW India IPO Essentials

EPW India IPO Details

EPW India IPO is priced at ₹95-97 per share with a total issue size of 31.81 crore. The IPO has a lot size of 1200 shares and is listed on NSE SME.

Issue price
₹95-97 per equity share
Lot size
1200 shares
Face value
₹5 Per Equity Share
Issue size
32,79,600 shares(aggregating up to ₹31.81 Cr)
Total issue size
32,79,600 shares
(aggregating up to ₹31.81 crore)
Fresh issue
32,79,600 shares
(aggregating up to ₹31.81 crore)
Listing at
NSE SME
List price
111.0
Listing date
Registrar
Bigshare Services Pvt.Ltd.
Lead manager
GetFive Advisors Pvt.Ltd.

Market Lot Size

Investors can bid for a minimum of 2400 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Individual Investors and HNI in terms of shares and amount.

Application Lots Shares Amount
Individual (min) 2 2400 ₹2,32,800
Individual(max) 2 2400 ₹2,32,800
sHNI(min) 3 3600 ₹3,49,200
sHNI(max) 8 9600 ₹9,31,200
sHNI(min) 9 10800 ₹10,47,600

EPW India IPO Documents

EPW India IPO Reservation

EPW India IPO reservation details show category-wise allocation of shares. Out of the total 3279600 shares, approximately 18.99% are reserved for QIB, 14.27% for NII, 33.3% for retail investors, 5.01% for market maker, and 28.43% for anchor investors.

Investor Category Shares Offered Maximum Allottees
Anchor Investor Shares Offered 932400 (28.43%)
Market Maker Shares Offered 164400 (5.01%)
QIB Shares Offered 622800 (18.99%)
NII (HNI) Shares Offered 468000 (14.27%)
bHNI > ₹10L 312000 (9.39%) 87
sHNI < ₹10L 156000 (4.85%) 43
Individual Shares Offered 1092000 (33.3%) 455
Total Shares Offered 3279600 (100%)

EPW India IPO Analytics

EPW India IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.

EPW India IPO Subscription Status

EPW India IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.

The IPO is currently subscribed 1.39x, indicating moderate demand across investor categories.

As on QIB
NII
bHNI
sHNI
Individual Total
Shares Offered / Reserved 6,22,800
4,68,000
3,12,000
1,56,000
10,92,000 21,82,800
Day 1 22-12-25 05:00 PM
0.00 x
0.67x
0.84x
0.34x
0.13 x 0.21 x
Day 2 23-12-25 05:00 PM
1.17 x
0.82x
0.97x
0.52x
0.29 x 0.65 x
Day 3 24-12-25 05:00 PM
1.17 x
1.88x
1.51x
2.63x
1.31 x 1.39 x
Total No. of Applications
bHNI sHNI Individual
716 (Approx) 0.22x 2.33x 1.31x

EPW India Valuations

Earnings

EPS Pre IPO
₹5.28/-
EPS Post IPO
₹7.01/-
P/E Pre IPO
18.36
P/E Post IPO
13.84

Returns

ROCE
35.03%
RoNW
82.06%
PAT Margin
8.13%

Fundamentals

Debt / Equity
2.32
Price / Book
15.06
Market Cap
111.35 Cr.

Data sourced from DRHP / RHP • For educational purposes only

EPW India Financials( In Crs.)

30-Sep-25 31-Mar-25 31-Mar-24 31-Mar-23
Assets 42.49 26.55 8.10 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
Reserves & Surplus 5.13 5.18 0.85 0.11
Total Borrowing 16.96 12.25 0.23 0.58

EPW India Company & Offer Insights

About EPW India

EPW India is an Information Technology electronics refurbishing firm, dealing in cheap refurbed laptops, desktops, Chromebook, computer monitors, and computer accessories offered through B2B or direct sales. The firm buys computers such as laptops, desktops, Chromebook, or computer peripherals, refurbishes them to a new machine, then sells the products directly to their client.

It has its own refurbishment lab with a 4,500 sq. ft. area, and with a team of 32 technicians, they make sure each item goes through a testing and cleaning process from 15 to 20 days prior to its sale. It aims to provide sustainable, reliable, and affordable information technology products.

During FY 2025, It derived 54.29% revenue from the B2C segment and the remaining 45.20% from the B2B segment

EPW India Promoter(s)

Yousuf Uddin, Mohd. Fasi Uddin, Mohd. Zaki Uddin are the company's promoters of EPW India.

EPW India IPO Issue Objectives

To Meet Working Capital Requirements
Repayment of banking facilities availed by the company
General Corporate Purpose

Contact Information

Contact Details

EPW India

79934 39988

compliance@epwindia.com

https://epwindia.com/

Shop No. 131 & 132, Ground Floor, C-Block Chenoy Trade Center, Parklane Secunderabad Hyderabad, Telangana, 500003

Registrar Contact Details

Bigshare Services Pvt Ltd

+91-22-6263 8200

ipo@bigshareonline.com

https://ipo.bigshareonline.com/ipo_status.html

Frequently Asked Questions

Click any question to reveal the answer

EPW India IPO is a book-built IPO worth ₹31.81 crore. The price band is ₹95–₹97 per share. The IPO opens on Dec 22, 2025 and closes on Dec 24, 2025. It will be listed on NSE SME Platform. Bigshare Services Pvt. Ltd. is the registrar.

The price band of EPW India IPO is ₹95 to ₹97 per share.

The lot size of EPW India IPO is 1200 shares.

The minimum investment for EPW India IPO is approximately ₹2,32,800 based on the upper price band .

EPW India IPO opens on Dec 22, 2025 and closes on Dec 24, 2025.

The allotment date of EPW India IPO is Dec 26, 2025.

EPW India IPO is expected to be listed on Dec 30, 2025, on NSE SME Platform.

EPW India IPO valuation snapshot: P/E 13.84, EPS ₹7.01/-, P/B 15.06, RoNW 82.06%, and market cap 111.35 Cr.

To apply for EPW India IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.

You can check the live subscription status of EPW India IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.

Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.

If you pre-apply for EPW India IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.

You can check EPW India IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the EPW India IPO allotment status on IPO Ji for quick and easy access.