IPO

EPW India Limited IPO

NSE SME

Listed On: Dec 30, 2025 at ₹ 111.0

₹ 232800 /2400 Shares
*Min Investment

Check Allotment

22 Dec, 2025

Open Date

24 Dec, 2025

Close Date

26 Dec, 2025

Allotment Date

30 Dec, 2025

Listing Date
EPW India IPO Live 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
Last updated: 24 Dec 2025, 05:57 PM
EPW India IPO Issue Details
  • Issue Price ₹95-97 per equity share
  • Face Value ₹5 Per Equity Share
  • Total Issue Size 32,79,600 shares(aggregating up to ₹31.81 crore)
  • Fresh Share 32,79,600 shares(aggregating up to ₹31.81 crore)
  • Listing at NSE SME
  • List Price 111.0
  • Listing Date 2025-12-30
  • Lead Manager GetFive Advisors Pvt.Ltd.
  • Registrar Bigshare Services 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
BHNI(min) 9 10800 ₹10,47,600
EPW India IPO Reservation

EPW India IPO offers total 3279600 shares. Out of which 622800 (18.99%) allocated to QIB, 468000 (14.27%) allocated to NII,1092000 (33.3%) allocated to RII, NA (NA%) allocated to employees and 932400 (28.43%) allocated to 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%)
bNII > ₹10L 312000 (9.39%)
sNII < ₹10L 156000 (4.85%)
Individual Shares Offered 1092000 (33.3%)
Total Shares Offered 3279600 (100%)
EPW India IPO Documents
DRHP
RHP
ANCHOR
EPW India IPO Details


EPW India Limited IPO is an SME IPO, priced at ₹95-97 per equity share. The equity shares have a face value of ₹5 Per Equity Share each and will be listed on the NSE SME platform. The IPO comprises a total issue of 32,79,600 equity shares, aggregating up to ₹31.81 crores..

The IPO bidding window is open from Dec 22, 2025 to Dec 24, 2025. The allotment is expected to be finalized on Dec 26, 2025, and the tentative listing date is Dec 30, 2025.

The minimum lot size for Individual investors is 2400 shares, with a minimum investment of ₹2,32,800.

GetFive Advisors Pvt.Ltd. is acting as the lead manager to the issue. The registrar of the IPO is Bigshare Services Pvt.Ltd., and

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EPW India IPO Subscription Analysis And Details
Retail
1.31x
QIB
1.17x
NII
1.88x
bNII
1.51x
sNII
2.63x
Total
1.39x
As on QIB NII
bNII   sNII 		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 0.67 x
0.84 x   0.34 x 		0.13 x 0.21 x
Day 2 23-12-25 05:00 PM
1.17 x 0.82 x
0.97 x   0.52 x 		0.29 x 0.65 x
Day 3 24-12-25 05:00 PM
1.17 x 1.88 x
1.51 x   2.63 x 		1.31 x 1.39 x
Total No of Applications
716
Subscription on the basis of Applications
Retail:1.31x BHNI:0.22x SHNI:2.33x
EPW India Valuations
EPS Pre IPO ₹5.28/-
EPS Post IPO ₹7.01/-
P/E Pre IPO 18.36
P/E Post IPO 13.84
ROCE 35.03%
Debt/Equity 2.32
RoNW 82.06%
PAT Margin 8.13%
Price to Book Value 15.06
Market Cap. 111.35 Cr.
EPW India Company Financials
In Crs.
In Cr.
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
About EPW India Company

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

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EPW India - Promoter(s)

Yousuf Uddin

Mohd. Fasi Uddin

Mohd. Zaki Uddin

Pre Issue Share Holding : 100%

Post Issue Share Holding : 71.43%

EPW India IPO - Issue Objectives
1

To Meet Working Capital Requirements

2

Repayment of banking facilities availed by the company

3

General Corporate Purpose

Contact Details

EPW India

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

79934 39988

compliance@epwindia.com

https://epwindia.com/

Registrar Contact Details

Bigshare Services Pvt Ltd

+91-22-6263 8200

ipo@bigshareonline.com

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