| 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 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 |
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) |
| Share Holding Pre Issue | 100% |
| Share Holding Post Issue | 71.43% |
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%) |
| 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) |
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
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 |
EPW India Shop No. 131 & 132, Ground Floor, |
Bigshare Services Pvt.Ltd.
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