EPW India – IPO

EPW India IPO is a book build issue of ₹31.81 crores. The issue is entirely a fresh issue of 0.33 crore shares of ₹31.81 crore.

EPW India IPO opens for subscription on Dec 22, 2025 and closes on Dec 24, 2025. The allotment for the EPW India IPO is expected to be finalised on Dec 26, 2025. EPW India IPO will list on NSE SME with a tentative listing date fixed as Dec 30, 2025.

EPW India IPO price band is set at ₹95.00 to ₹97.00 per share. The lot size for an application is 1,200. The minimum amount of investment required by an individual investor (retail) is ₹2,32,800.00 (2,400 shares) (based on upper price). The minimum lot size investment for HNI is 3 lots (3,600 shares), amounting to ₹3,49,200.

EPW India – IPO Details

IPO Date December 22, 2025 to December 24, 2025
Listing Date December 30, 2025
Face Value ₹ 5 / Share
Price Band ₹ 95 to ₹ 97 / Share
Lot Size 1200 Shares
Total Issue Size 32,79,600 shares
(Aggregating up to ₹31.81 Cr)
Fresh Issue
Offer for Sale
Employee Discount
Issue Type Bookbuilding IPO
Listing At NSE SME
Share holding pre issue 82,00,000 shares
Share holding post issue 1,14,79,600 shares
Market Maker portion

EPW India Timeline (Tentative Schedule)

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

IPO Open Date December 22, 2025
IPO Close Date December 24, 2025
Basis of Allotment December 26, 2025
Initiation of Refunds December 29, 2025
Credit of Shares to Demat December 29, 2025
Listing Date December 30, 2025
Cut-off time for UPI mandate confirmation December 24, 2025

EPW India IPO Lot Size

Investors can bid for a minimum of 2,400 shares and in multiples of 1,200 shares thereof.  The following table depicts the minimum and maximum investment by Individual Investors (Retail) and HNI in terms of shares and amount.

Application Lots Shares Amount
Retail (Min) 2 2,400 Rs.232,800
Retail (Max) 2 2,400 Rs.232,800
S-HNI (Min) 3 3,600 Rs.349,200
S-HNI (Max) 8 9,600 Rs.931,200
B-HNI (Min) 9 10,800 Rs.1,047,600
HNI (Min)

EPW India IPO Promoter Holding

Share Holding Pre Issue 100%
Share Holding Post Issue 71.43%

EPW India IPO Reservation

EPW India IPO offers a total of 32,79,600 shares. Out of which 15,55,200 (47.42%) allocated to QIB, 6,22,800 (18.99%) allocated to QIB (Ex- Anchor), 4,68,000 (14.27%) allocated to NII 10,92,000 (33.30%) allocated to RII and 9,32,400 (28.43%) allocated to Anchor investors.

Investor Category Shares Offered Maximum Allottees
Anchor Investor Shares Offered
Market Maker Shares Offered 1,64,400
(5.01%)
Other Shares Offered
QIB Shares Offered 15,55,200
(47.42%)
NII (HNI) Shares Offered 4,68,000
(14.27%)
bNII > ₹10L
sNII < ₹10L
Retail Shares Offered 10,92,000
(33.30%)
Employee Shares Offered
Total Shares Offered 32,79,600
(100.00%)

EPW India IPO Anchor Investors Details

Bid Date
Shares Offered
Anchor Portion Size (In Cr.)
Anchor lock-in period end date for 50% shares (30 Days)
Anchor lock-in period end date for remaining shares (90 Days)

About EPW India

EPW India is an IT electronics refurbishing company providing affordable refurbished laptops, desktops, Chromebooks, monitors, and accessories through both B2B and direct-to-consumer channels. The company procures laptops, desktops, Chromebooks, and peripherals, refurbishing them to new condition, and reselling them directly to end-use customers.

With a 4,500 sq. ft. in-house refurbishment facility and a skilled team of 32 technicians, it ensures every product goes through a 15–20 day process of testing, repair, cleaning, and software installation before sale. The company is committed to delivering reliable, sustainable, and cost-effective IT products.

In FY 2025, it generated 54.29% of revenue from the B2C segment and the remaining 45.20% from B2B sales.

Competitive Strengths

  • Wide Range of Products
  • Experienced Team of Individuals
  • Reliable Warranty Service
  • Multiple Sales Channels
  • Experienced Promoter and Management Expertise

Key Performance Indicator

KPI  as of Mon, Mar 31, 2025.

KPI Values
ROE 139.17%
ROCE 35.03%
Debt/Equity 2.32
RoNW 82.06%
P/BV 15.06
PAT Margin (%) 8.13%
  Pre IPO Post IPO
EPS (Rs) 5.28 7.01
P/E (x) 18.36 13.84

Objects of the Issue (EPW India IPO Objectives)

EPW India Contact Details

EPW India

Shop No. 131 & 132, Ground Floor,
C-Block Chenoy Trade Center, Parklane
Secunderabad
Hyderabad, Telangana, 500003
Phone: 79934 39988
Email: [email protected]
Website: https://epwindia.com/

EPW India IPO Registrar

Bigshare Services Pvt.Ltd.

Frequently Asked Questions


What is EPW India IPO?
The EPW India IPO is classified as an SME IPO. The issue price is set between ₹95 and ₹97 per equity share. A minimum of 1200 shares is required per order. The IPO will be open from December 22, 2025, to December 24, 2025. The shares are proposed to be listed on NSE SME.

When does the EPW India IPO open and close?
The EPW India IPO will be opened on December 22, 2025, and closed on December 24, 2025.

What is the issue size of the EPW India IPO?
The size of the EPW India IPO is ₹31.81 Crin total. A fresh issue of shares, aggregating up to , is included.

What is the price band of the EPW India Limited IPO?
The price band for the IPO has been set between ₹95 - ₹97 per equity share.

What is the allotment date of the EPW India IPO?
The share allotment date for the EPW India IPO is set for December 26, 2025.

What is the EPW India listing date?
The EPW India IPO is scheduled to be listed on December 30, 2025.

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