EPW India IPO Details
The key details of EPW India’s IPO are outlined below, covering all crucial aspects from price range to investment requirements and regulatory documents.
| IPO Size | ₹31.81 Cr |
| Price Range | ₹95 - ₹97 |
| Retail Quota | 35% |
| QIB Quota | 50% |
| NII Quota | 15% |
| Employee Discount | -- |
| Listing at | NSE |
| Minimum Quantity | 2,400 |
| Investment (cut-off price) | ₹2,32,800 |
| Pre IPO Promotor Holding | 100% |
| Post IPO Promotor Holding | 71.43% |
| DHRP Draft | Click Here |
| RHP Draft | Click Here |
| Anchor Investors List | Click Here |
EPW India IPO Timelines
The IPO process for EPW India includes key dates for participants to know. The timeline allows for strategic planning and participation, helping investors stay informed and engaged throughout the entire process.
22/12/2025
Start Date24/12/2025
End Date29/12/2025
Refund Initiation29/12/2025
Credit of Shares to Demat Ac30/12/2025
Listing DateEPW India IPO Lot Size
The EPW India IPO has a fixed lot size of 1,200 shares, at an upper price band of ₹97 per share. For retail investors, the minimum and maximum application is 2,400 shares (2 lots) amounting to ₹2,32,800. For Small HNI (S-HNI) investors, the minimum application is 3,600 shares (3 lots) worth ₹3,49,200, while the maximum is 9,600 shares (8 lots) amounting to ₹9,31,200. Big HNI (B-HNI) investors need to apply for at least 10,800 shares (9 lots), totaling ₹10,47,600.
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 2 | 2400 | ₹2,32,800 |
| Retail Maximum | 2 | 2400 | ₹2,32,800 |
| S-HNI Minimum | 3 | 3600 | ₹3,49,200 |
| S-HNI Maximum | 8 | 9600 | ₹9,31,200 |
| B-HNI Minimum | 9 | 10800 | ₹10,47,600 |
EPW India IPO Subscription Status
The subscription status for EPW India IPO shows market demand across different investor categories, providing valuable insights into the offering’s performance. You can track real-time subscription data below.
| QIB | NII | Retail | EMP | Total |
|---|---|---|---|---|
| 1.17x | 1.53x | 1.31x | -- | 1.32x |
IPO Performance on Listing Day
| Opening Price | Closing Price | Day High | Day Low |
|---|---|---|---|
| ₹ | ₹ | ₹ | ₹ |
EPW India IPO Company Financials
EPW India reports robust performance in FY2025 with Total Income of ₹53.34 crores, managing expenses at ₹46.16 crores, and achieving a strong PAT (Profit After Tax) of ₹4.33 crores, demonstrating significant growth potential ahead of its public offering.
| Year | Total Income | Total Expense | PAT |
|---|---|---|---|
| FY 2023 | ₹6.66 | ₹6.58 | ₹0.06 |
| FY 2024 | ₹18.55 | ₹17.54 | ₹0.74 |
| FY 2025 | ₹53.34 | ₹46.16 | ₹4.33 |
| FY 2026 (3 M) | ₹21.99 | ₹16.20 | ₹1.94 |
About Company
EPW India is an IT electronics refurbishing company that offers affordable refurbished laptops, desktops, Chromebooks, monitors, and accessories through both business to business and direct to consumer channels. The company procures used laptops, desktops, Chromebooks, and peripherals, refurbishes them to near new condition, and resells them directly to end use customers, focusing on reliability, sustainability, and cost effectiveness.
The company operates a 4,500 square foot in house refurbishment facility staffed by a skilled team of 32 technicians. Each product undergoes a comprehensive 15 to 20 day process involving testing, repair, cleaning, and software installation before being sold. In FY 2025, EPW India generated 54.29 percent of its revenue from the B2C segment, while the remaining 45.20 percent came from B2B sales.
| Incorporation Date | Sector | Managing Director |
|---|---|---|
| 2021 | Electricals | Yousuf Uddin |
Know Before Investing
EPW India IPO Strengths
- EPW India is an IT electronics refurbishing and lifecycle management company handling used laptops, desktops, servers and other IT equipment, catering to a rapidly growing, regulation‑driven industry.
- The company operates under extended producer responsibility (EPR) and e‑waste norms, benefiting from rising corporate focus on compliance, recycling, and environmentally responsible disposal.
- The company is backed by experienced promoters and advisors (including GetFive Advisors as lead manager and Bigshare as registrar), which supports governance and execution.
- Key indicators show ROE of 139.17%, ROCE of 35.03% and RoNW of 82.06%, highlighting very efficient use of equity capital at the current scale.
EPW India IPO Risks
- Refurbishing and trading in used IT assets require substantial inventory and receivables funding; mis‑matched cash cycles could strain liquidity.
- Business relies on corporates, institutions and partners to supply used equipment and to buy refurbished units; any slowdown in sourcing or demand can impact volumes.
- Changes in e‑waste management regulations, licensing, or environmental norms could raise compliance costs or disrupt operations if requirements tighten.
- Rapid growth from a low base requires robust systems, staffing and controls; operational lapses in data wiping, testing or quality can damage reputation and client relationships.
- Shifts in device types (e.g., thin clients, cloud usage), OEM reverse‑logistics strategies, or competition from larger refurbishers could affect business volumes and margins over time.
Swot Analysis for EPW India IPO
Strengths
Integrated Reverse Supply Chain, Strong Growth Metrics, Affordability & Sustainability Proposition
Weaknesses
Supply Dependence & Volatility, Working Capital Intensive, Process & Control Complexity
Opportunities
Refurbished Market Expansion, Brand Building in Tier‑2/3 Cities, Digital & Remote‑Work Tailwinds
Threats
Competition from OEMs & Marketplaces, Data Security & Compliance Risk, Regulatory Changes
Company Details
EPW India Ltd.
Shop No. 131 & 132, Ground Floor, C-Block Chenoy Trade Center, Parklane, Secunderabad, Hyderabad, Telangana, 500003
Phone: 79934 39988
Email: compliance@epwindia.com
Website: https://epwindia.com/
IPO Registar Details
Bigshare Services Pvt. Ltd.
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/IPO_Status.html
FAQs
The key objectives of EPW India SME IPO are:
- Lead Manager fees
- Fees Payable to Registrar to the Issue
- Fees Payable for Advertising and Publishing Expenses
- Fees Payable to Regulators including Stock Exchange
- Payment for Printing & Stationery, Postage, etc.
- Fees Payable to Auditor, Legal Advisors and other Professionals
- Others (Fees payable for Marketing & distribution expenses, Selling Commission, Brokerage, Processing Fees, Underwriting fees and Miscellaneous Expenses)
GetFive Advisors Pvt. Ltd. is the book-running lead managers for the EPW India IPO.
EPW India IPO shows growth potential driven by rapid scale up across B2B and B2C channels, which together serve institutional and retail demand. Exposure to power infrastructure upgrades, industrial capex, and Make in India initiatives supports a sustained multi year expansion opportunity if execution remains strong.
The issue price for the EPW India IPO is set between ₹95 to ₹97 per share.
To invest in two lot of EPW India IPO, you need ₹2,28,000 at the lower price band (₹95 per share) or ₹2,32,800 at the upper price band (₹97 per share) for a lot size of 2400 shares.
EPW India IPO shares are scheduled to be listed on the National Stock Exchange (NSE) on December 30, 2025.
Refund/unblocking of funds for EPW India IPO will begin on December 29, 2025. ASBA/UPI blocks will be removed within 1 working day.
You can sell shares your EPW India IPO shares on listing day (December 30, 2025) after they are credited to your demat account. If you want to sell in the pre-open market, the timing for that session is from 9:00 AM to 9:15 AM. Otherwise, you can sell after 10:00 AM during regular trading hours.