EPW India IPO open date is December 22, 2025 and the IPO will close on December 24, 2025. EPW India IPO is a Book Build Issue. The company to raise around ₹31.81 crores via IPO that comprises fresh issue of ₹31.81 crores and offer for sale up to [.] equity shares with face value of ₹5 each.
EPW India IPO price band is ₹95 to ₹97 per share. The retail quota is 35%, QIB is 50%, and HNI is 15%. EPW India IPO to list on NSE on December 30, 2025. The allotment of EPW India IPO date is December 26, 2025.
The company reported revenue of ₹53.34 crores in 2025 against ₹18.55 crores in 2024. As per the financials the IPO investors should apply the IPO for a long term.
About the EPW India IPO
EPW is one of the largest IT electronics refurbishing companies, providing customers with affordable refurbished laptops, desktops, Chromebooks, monitors, and accessories. The company buys used laptops, desktops, Chromebooks, and peripherals, repairs, upgrades, and refurbishes them to create new products, and sells them directly to both B2B and direct customers. Furthermore, in FY25, the company generated 54.29% of its revenue from business-to-customer sales, with the remaining 45.20% coming from the business-to-business segment.
The business has a 4,500 sq. ft. in-house refurbishment facility and an experienced team that ensures every product undergoes a rigorous testing, repair, and cleaning process before sale. A wide range of products and reliable warranty service are some of the company's key strengths.
EPW India is an IT electronics refurbishing company that offers affordable refurbished laptops, desktops, Chromebooks, monitors, and accessories through both B2B and direct-to-consumer channels. The company purchases laptops, desktops, Chromebooks, and peripherals, refurbishes them to like-new condition, and resells them directly to end-user customers.
With a 4,500 sq. ft. in-house refurbishment facility and a skilled team of 32 technicians, it ensures that each product undergoes a 15-20 day process of testing, repair, cleaning, and software installation before sale. The company is committed to providing reliable, sustainable, and cost-effective IT products.
In FY2025, it generated 54.29% of its revenue from the B2C segment and the remaining 45.20% from B2B sales.
Competitive Strengths
A Wide Range of Products
Experienced Team
Reliable Warranty Service
Multiple Sales Channels
Experienced Promoters and Management Expertise
You can visit our newipo.info website for information on any IPO, stock market, gold, crypto investment, etc. Our workers diligently research all the information on this site and make it available to you.
EPW India IPO Details
| IPO Open Date | December 22, 2025 |
| IPO Close Date | December 24, 2025 |
| Face Value | ₹5 Per Equity Share |
| IPO Price Band | ₹95 to ₹97 Per Share |
| Issue Size | Approx ₹31.81 Crores |
| Fresh Issue | Approx ₹31.81 Crores |
| Issue Type | Book Build Issue |
| IPO Listing | NSE SME |
| DRHP Draft Prospectus |  |
| RHP Draft Prospectus | |
EPW India IPO Market Lot
The EPW India IPO minimum market lot is 2,400 shares with ₹2,32,800 application amount.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 2 | 2,400 | ₹2,32,800 |
| Retail Maximum | 2 | 2,400 | ₹2,32,800 |
| S-HNI Minimum | 3 | 3,600 | ₹3,49,200 |
| S-HNI Maximum | 8 | 9,600 | ₹9,31,200 |
| B-HNI Minimum | 9 | 10,800 | ₹10,47,600 |
IPO Reservation
| Investor Category | Share Offered | -% Shares |
| Anchor Investor | 9,32,400 Shares | 28.43% |
| QIB (Ex. Anchor) | 6,22,800 Shares | 18.99% |
| NII Shares Offered | 4,68,000 Shares | 14.27% |
| Retail Shares Offered | 10,92,000 Shares | 33.30% |
EPW India IPO Anchor Investors
| Anchor Bidding Date | December 19, 2025 |
| Anchor Investors List | |
| Shares Offered | 9,32,400 Shares |
| Anchor Size | [.] Cr. |
| lock-in period end date 50% shares (30 Days) | January 25, 2026 |
| lock-in period end date 50% shares (90 Days) | March 26, 2026 |
EPW India IPO Dates
The EPW India IPO date is December 22 and the close date is December 24. The EPW India IPO allotment will be finalized on December 26 and the IPO listing on December 30.
| IPO Open Date: | December 22, 2025 |
| IPO Close Date: | December 24, 2025 |
| Basis of Allotment: | December 26, 2025 |
| Refunds: | December 29, 2025 |
| Credit to Demat Account: | December 29, 2025 |
| IPO Listing Date: | December 30, 2025 |
| IPO Bidding Cut-off Time: | December 24, 2025 – 5 PM |
Promoters and Holding Pattern
The promoters of the company are Yousuf Uddin, Mohd. Fasi Uddin and Mohd. Zaki Uddin.
| Particular | Shares | % Share |
| Promoter Holding Pre Issue | 82,00,000 | 100% |
| Promoter Holding Post Issue | 1,14,79,600 | 71.43% |
Objects of the Issue & Utilisation of proceeds
| Purpose | Crores |
| To Meet Working Capital Requirements | ₹15.85 |
| Repayment of banking facilities availed by the company | ₹8.50 |
| General Corporate Purpose | ₹- |
EPW India IPO Company Financial Report
Amount ₹ in Crores
| Period Ended | Revenue | Expense | PAT | Assets |
| 2023 | ₹6.66 | ₹6.58 | ₹0.06 | ₹6.25 |
| 2024 | ₹18.55 | ₹17.54 | ₹0.74 | ₹8.10 |
| 2025 | ₹53.34 | ₹46.16 | ₹4.33 | ₹27.20 |
| June 2025 | ₹21.99 | ₹16.20 | ₹1.94 | ₹36.76 |
EPW India IPO Valuation – FY2025
Check EPW India IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| KPI | Values |
| ROE: | 139.17% |
| ROCE: | 35.03% |
| EBITDA Margin: | 11.64% |
| PAT Margin: | 8.13% |
| Debt to equity ratio: | 2.32 |
| Earning Per Share (EPS): | ₹5.28 (Basic) |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | 82.06% |
| Net Asset Value (NAV): | ₹6.44 |
Peer Group Comparison
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
| GNG Electronics Limited | 1.92 | 39.14 | 20.64% | 9.30 | 721.93 Cr. |
| New jaisa Technologies Limited | (0.32) | NA | (1.45)% | 22.06 | 66.45 Cr. |
| Cerebra Integrated Technologies Limited | (4.23) | NA | (27.88)% | 15.16 | 35.69 Cr. |
IPO Lead Managers aka Merchant Bankers
- GetFive Advisors Pvt. Ltd.
Company Address
EPW India Limited.
Shop No. 131 & 132, Ground Floor,
C-Block Chenoy Trade Center, Parklane,
Hyderabad, Secunderabad, Telangana,
India, 500003
Phone: 79934 39988
Email: compliance@epwindia.com
Website: https://epwindia.com/
IPO Registrar
Bigshare Services Pvt.Ltd.
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/IPO_Status.html