EPW India IPO Date, Review, Price, Allotment Details
The EPW India IPO is scheduled to open on December 22, 2025, and will close on December 24, 2025. It is a book-built issue, through which the company aims to raise approximately ₹31.81 crore, entirely through a fresh issue of equity shares with a face value of ₹5 each.
The IPO has a price band of ₹95 to ₹97 per share. The issue allocation includes 35% for retail investors, 50% for Qualified Institutional Buyers (QIBs), and 15% for High Net-Worth Individuals (HNIs). The shares are expected to be listed on the NSE on December 30, 2025, while the allotment is likely to be finalized on December 26, 2025.
On the financial front, EPW India has demonstrated strong growth. The company reported revenue of ₹53.34 crore in FY2025, a significant increase from ₹18.55 crore in FY2024. Net profit also rose sharply to ₹4.33 crore in FY2025, compared to ₹0.74 crore in FY2024. Based on the company’s improving financial performance, the IPO may be considered suitable for long-term investors.
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 has a minimum market lot of 2,400 shares, requiring an application amount of ₹2,32,800.
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 opens on December 22 and closes on December 24, with allotment likely to be finalized on December 26 and listing planned for 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 ₹-
About EPW India IPO
EPW is a leading IT electronics refurbishing company that focuses on providing affordable refurbished laptops, desktops, Chromebooks, monitors, and related accessories. The company procures used laptops, desktops, Chromebooks, and peripherals, which are then repaired, upgraded, and refurbished into high-quality products. These refurbished devices are sold across both business-to-customer (B2C) and business-to-business (B2B) channels. In FY25, approximately 54.29% of the company’s revenue was generated from the B2C segment, while the remaining 45.20% came from B2B operations.
The company operates a 4,500 sq. ft. in-house refurbishment facility supported by a skilled and experienced team. Every product goes through a rigorous process of testing, repair, and cleaning before being offered for sale. A diverse product portfolio and dependable warranty support stand out as key strengths, reinforcing customer trust and long-term business growth.
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