EPW India IPO Details
| Detail | Description |
|---|---|
| IPO Date | 22 to 24 Dec, 2025 |
| Listing Date | [.] |
| Face Value | ₹ 5 per share |
| Issue Price Band | ₹ 95 to ₹ 97 |
| Lot Size | 1,200 Shares |
| Sale Type | Fresh Capital |
| Total Issue Size | 32,79,600 shares (agg. up to ₹ 31.81 Cr) |
| Reserved for Market Maker | 1,64,400 shares (agg. up to ₹ 1.59 Cr) SMC Global Securities Ltd. |
| Fresh Issue(Ex Market Maker) | 31,15,200 shares (agg. up to ₹ 30.22 Cr) |
| 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 |
About EPW India IPO
EPW India IPO is a book-building issue of ₹31.81 cr, which is entirely a fresh issue of shares. The price band is set at ₹95 to ₹97 per share and the lot size for an application is 1,200. The minimum amount required by an individual investor is ₹2,32,800 (2,400 shares). The IPO will open for subscription on December 22, 2025 and closes on December 24, 2025 and will list on the NSE SME platform.
Company Background
EPW India Ltd. was incorporated in 2021. This company is an IT electronics refurbishing company offering affordable refurbished laptops, desktops, Chromebooks, monitors and accessories using two different supply chain methods (B2B and direct-to-consumer channels). It operates a 4,500 sq. ft. in-house refurbishment facility with 32 skilled technicians, where products undergo a 15–20 process that makes their service more effective and trustworthy.
Conclusion
EPW India Ltd. IPO gives an opportunity to invest in a company that has growth potential and is looking for proceeds for better operational efficiency and lower debt, too. This SME offer has grown in its industry, firmly in its sights through the smart use of capital. Investors benefit from the well-organised effort of scaling into India's vibrant markets.
EPW India IPO Financial Information
Latest Revenue
44.04
₹ Crore
Profit After Tax
4.02
₹ Crore
Net Worth
9.23
₹ Crore
Total Borrowing
16.96
₹ Crore
| Period Ended | Assets | Revenue From Operations | Profit After Tax | Net Worth | Total Borrowing | ||||
|---|---|---|---|---|---|---|---|---|---|
| 30 Sep 2025 | 42.49 | 44.04 | 4.02 | 9.23 | 16.96 | ||||
| 31 Mar 2025 | 26.55 | 53.34 | 4.33 | 5.28 | 12.25 | ||||
| 31 Mar 2024 | 8.10 | 18.55 | 0.74 | 0.95 | 0.23 | ||||
| 31 Mar 2023 | 6.25 | 6.66 | 0.06 | 0.21 | 0.58 | ||||
| Amount in ₹ Crore | |||||||||
EPW India Key Performance Indicator
| KPI | Values |
|---|---|
| ROE | 139.17% |
| ROCE | 35.03% |
| Debt/Equity | 2.32 |
| RoNW | 82.06% |
| PAT Margin | 8.13% |
| EBITDA Margin | 11.64% |
| Price to Book Value | 15.06 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (Rs) | 5.28 | 7.01 |
| P/E (x) | 18.36 | 13.84 |
Recommended Advisory Services
Ready to take your company public? Explore our specialized IPO advisory services tailored for Indian enterprises.
The India IPO Publication is managed by an editorial team that includes highly experienced finance journalists, market researchers and professionals from the capital markets industry who strive to create high-quality content based on credible sources. Our editors write about IPOs, capital markets, corporate news, capital-raising strategies, regulations and other business matters to ensure our audience stays updated with the latest information. We conduct detailed research and fact-check all information before publishing any content to ensure credibility.
Competitive Strengths
The company plans to deploy ₹15.85 cr for working capital requirements and utilise ₹8.50 cr to repay banking facilities, improving its overall financial position.
At 71.43% post IPO promoter holding, there is continued skin in the game when it comes to shareholder interests.
The support of seasoned professionals, Bigshare Services as registrar and GetFive Advisors as lead manager, facilitates efficient implementation.
Download regulatory filings
EPW India IPO Timeline
| IPO Open Date | Mon, Dec 22, 2025 |
| IPO Close Date | Wed, Dec 24, 2025 |
| Tentative Allotment | Fri, Dec 26, 2025 |
| Initiation of Refunds | Mon, Dec 29, 2025 |
| Credit of Shares to Demat | Mon, Dec 29, 2025 |
| Tentative Listing Date | Tue, Dec 30, 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on Wed, Dec 24, 2025 |
IPO Lot Size
| Investors | No.of lots | Shares Offered | Max Bid Amount |
|---|---|---|---|
| Individual investors (Retail) (Min) | 2 | 2,400 | ₹2,32,800 |
| Individual investors (Retail) (Max) | 2 | 2,400 | ₹2,32,800 |
| S-HNI (Min) | 3 | 3,600 | ₹3,49,200 |
| S-HNI (Max) | 8 | 9,600 | ₹9,31,200 |
| B-HNI (Min) | 9 | 10,800 | ₹10,47,600 |


