EPW India Limited IPO
EPW India operates as an IT electronics refurbishing enterprise, supplying refurbished electronic products through two distinct supply chain models: direct-to-consumer (D2C) and business-to-business (B2B). It offers refurbished IT products at significantly lower prices compared to new alternatives. The business follows an end-to-end reverse supply chain model, which includes sourcing used IT assets such as laptops, desktops, Chromebooks, and related peripherals, refurbishing them to near-new condition, and reselling them to end customers. The product portfolio comprises laptops, desktops, Chromebooks, monitors, and accessories such as keyboards and mice. Sales are conducted through company-operated retail outlets as well as its proprietary online platform, enabling broad market reach and efficient distribution.
Price Band₹95 - ₹97 |
Dates22 Dec - 24 Dec |
GMP₹2.5 (2.58%) |
Subscriptions1.39 times |
Issue Size₹31.81 Crs |
EPW India IPO Key Dates
Opening Date
22 Dec 25
Closing Date
24 Dec 25
Basis Of Allotment
26 Dec 25
Initiations Of Refund
29 Dec 25
Credit Of Shares
29 Dec 25
Listing Date
30 Dec 25
EPW India IPO Objects
- Funding the working capital requirements
- Repayment of Banking Facilities availed by the Company
- General Corporate Purposes
EPW India IPO Details
Price Band₹95 - ₹97 |
Listing AtNSE SME |
IPO Issue Type100% Book Built Offer |
Fresh Issue₹31.81 Cr (0.33 Cr Shares) |
Offer For Sale₹0.00 (0.00 Shares) |
Total Issue₹31.81 Cr (0.33 Cr Shares) |
Face Value₹5 per equity share |
EPW India IPO Lot Information
| Investor Category | Lot | Shares | Amount | |
|---|---|---|---|---|
| Individual Investor |
Minimum
2
2,400
2,32,800
Maximum
2
2,400
2,32,800
|
|||
| Small HNI |
Minimum
3
3,600
3,49,200
Maximum
8
9,600
9,31,200
|
|||
| Big HNI |
Minimum
9
10,800
10,47,600
|
|||
EPW India IPO Subscription
Updated as on 24-Dec-2025 19:00:43 hrs
| Investor Category | Subscription (times) | Shares Offered | Shared Bid |
|---|---|---|---|
| QIB | 1.17 | 6,22,800 | 7,26,000 |
| NII | 1.88 | 4,68,000 | 8,82,000 |
| bNII | 1.51 | 3,12,000 | 4,71,600 |
| sNII | 2.63 | 1,56,000 | 4,10,400 |
| Individual Investor | 1.31 | 10,92,000 | 14,28,000 |
| Total | 1.39 | 21,82,800 | 30,36,000 |
Data is sourced from NSE & BSE and may change. Information is provided on an “AS IS” and “AS AVAILABLE” basis without warranties.
EPW India IPO GMP
The estimated Grey Market Premium of EPW India IPO is ₹2.5 per share (2.58%)
The GMP prices displayed here reflect news related to grey market trends. We do not trade or deal in the grey market, including subject-to-rates, nor do we recommend participating in grey market trading.
Category Allocation
| Particulars | Allocation |
|---|---|
| QIB | Not more than 50% of Net Offer |
| NII | Not less than 15% of Net Offer |
| Retail | Not less than 35% of Net Offer |
| Market Maker | 1,64,400 EQ. Shares |
EPW India IPO Financials
| Particulars | Sep-25 | Mar-25 | Mar-24 | Mar-23 |
|---|---|---|---|---|
| Revenue | 44.03 | 53.31 | 18.53 | 6.66 |
| PAT | 4.02 | 4.33 | 0.74 | 0.06 |
| Net Worth | 9.23 | 5.28 | 0.95 | 0.21 |
| Borrowings | 16.96 | 12.25 | 0.23 | 0.58 |
| Assets | 38.67 | 24.24 | 8.03 | 6.24 |
| NAV (₹) | 11.26 | 6.44 | 1.15 | 0.25 |
| EPS (₹) | 4.91 | 5.28 | 0.90 | 0.08 |
The financial information presented is on a consolidated basis.
Key Performance Indicators
| KPI | VALUES |
|---|---|
| EBITDA | 11.64% |
| PAT | 8.13% |
| ROE | 139.17% |
| ROCE | 35.03% |
| Debt to Equity | 2.32 |
| PE Ratio | 19.25 |
| PB Ratio | 15.67 |
| Mkt Cap (in Crs.) | 111.35 |
- All the data pertains to FY 2024-25.
- PE, PB, and market capitalization are calculated based on the Upper Price Band.
EPW India IPO Peer Comparision
| Particulars | EPW India | GNG Electronics | Newjaisa Technologies |
|---|---|---|---|
| Revenue | 51.88 | 711.28 | 65.66 |
| PAT | 4.13 | 18.65 | -1.13 |
| EPS (₹) | 4.28 | 1.58 | -2.77 |
| NAV (₹) | 10.39 | 43.76 | 19.49 |
| RONW | 41.19% | 3.60% | -7.04% |
| EBITDA | 11.43% | 7.29% | 1.04% |
| PAT Mrgn | 7.97% | 2.62% | -1.72% |
| PE Ratio | 19.25 | 63.99 | - |
| Debt to Equity | 2.40 | 2.45 | 0.18 |
All information pertains to FY 2024-25 & is on standalone basis. PE ratio is calculated using the Upper Price Band for the Issuer and the closing price as of December 15, 2025 for Peers
EPW India IPO Peer Comparision
| Particulars | EPW India |
|---|---|
| Revenue | 51.88 |
| PAT | 4.13 |
| EPS (₹) | 4.28 |
| NAV (₹) | 10.39 |
| RONW | 41.19% |
| EBITDA | 11.43% |
| PAT Mrgn | 7.97% |
| PE Ratio | 19.25 |
| Debt to Equity | 2.40 |
| GNG Electronics | Newjaisa Technologies |
|---|---|
| 711.28 | 65.66 |
| 18.65 | -1.13 |
| 1.58 | -2.77 |
| 43.76 | 19.49 |
| 3.60% | -7.04% |
| 7.29% | 1.04% |
| 2.62% | -1.72% |
| 63.99 | - |
| 2.45 | 0.18 |
All information pertains to FY 2024-25 & is on standalone basis. PE ratio is calculated using the Upper Price Band for the Issuer and the closing price as of December 15, 2025 for Peers
Promoter Details
| Name | Shareholding |
|---|---|
| Yousuf Uddin | 38.00% |
| Mohd Zaki Uddin | 29.00% |
| Mohd Fasi Uddin | 29.00% |
| Others | 4.00% |
| Total | 100.00% |
Management Details
| Name | Designation |
|---|---|
| Yousuf Uddin | Chairman & MD |
| Syed Hussani | CFO |
Company Details
Name: EPW India Limited
Address: Shop No. 131 & 132, Ground Floor, C-Block Chenoy Trade Center, Parklane, Hyderabad, Secunderabad, Telangana, India, 500003
Number: 79934 39988
Email: compliance@epwindia.com
Website: https://epwindia.com/
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Visit WebsiteFrequently Asked questions?
Find answers to common questions that come in your mind related to IPO.
EPW India IPO is a SME IPO having an issue size of Rs. ₹31.81 Crs. EPW India IPO is priced at ₹95 - ₹97 per share. The issue opens on 22 Dec 25 and closes on 24 Dec 25.
EPW India IPO opens on 22 Dec 25 and closes on 24 Dec 25.
The estimated Grey Market Premium of EPW India IPO is ₹2.5 per share (2.58%).
The minimum lot size of EPW India IPO is 1200 shares & the minimum application amount is Rs. 116400.
The allotment date of EPW India IPO is 26 Dec 25.
The listing date of EPW India IPO is 30 Dec 25.
EPW India IPO is subscribed 1.39 times.
EPW India IPO is priced at ₹95 - ₹97 per share.
Click the allotment link on EPW India IPO page of IPO360.
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- Select EPW India IPO from the list of available IPOs.
- Enter the required details: Bid quantity, Price, DP ID & Client ID, etc
- Submit the application.
- Money will remain blocked till the refund date
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