IPO Trending
EPWINDIASME / NSEListed
EPW India

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 procures used IT equipment, refurbishes it to near-new condition, and sells it directly to end customers after a detailed 15–20 day process involving testing, repair, cleaning, and software installation at its 4,500 sq. ft. in-house facility, supported by a team of 32 technicians. Focused on sustainability and cost efficiency, EPW India generated 54.29% of its FY 2025 revenue from the B2C segment and 45.20% from B2B sales.

₹95 - ₹971.39x sub
Listed Price₹111.00
Listing Gain+14.43%

IPO Schedule & Timeline

Bookbuilding IPO
Open22 Dec 2025
Close24 Dec 2025
Allotment26 Dec 2025
Listing30 Dec 2025

Quota Reservation & Application Lots

Quota Reservation (% Shares)

Anchor9,32,400 shares
28.43%
QIB6,22,800 shares
18.99%
HNI4,68,000 shares
14.27%
Retail10,92,000 shares
33.3%
Market Maker1,64,400 shares
5.01%

Minimum Application Lots

Retail2 Lots (2,400 shares)
₹2,32,800
sHNI3 Lots (3,600 shares)
₹3,49,200
bHNI9 Lots (10,800 shares)
₹10,47,600

Company Promoters

Yousuf UddinMohd. Fasi UddinMohd. Zaki Uddin

Company Background

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 procures used IT equipment, refurbishes it to near-new condition, and sells it directly to end customers after a detailed 15–20 day process involving tes...

Lead Managers & Bankers

Financial Performance

Figures in ₹ Crores
Metric Breakdown

Revenue

Latest (Sep-25)₹44.04 Cr
Growth+561.3%
Revenue Trend (₹ in Crores)
0.020.440.961.3Mar-23Mar-24Mar-25Sep-25
PeriodRev (Cr)PAT (Cr)AssetsDebt
Sep-2544.044.0242.4916.96
Mar-2553.344.3326.5512.25
Mar-2418.550.748.100.23
Mar-236.660.066.250.58

Key Performance Indicators (KPIs)

PeriodEPSROEROCEP/E (Pre)P/E (Post)
Sep-25051.62%22.16%013.34
Mar-250137.15%34.04%18.360
Mar-240128.43%86.74%00
Mar-23036.96%11.12%00

Peer Comparison & Valuation

Financial Performance

New jaisa Technologies

NAV/Share (₹)19.49
RONW(%)-7.04
EPS (Basic) (₹)-2.77

EPW India Ltd

NAV/Share (₹)10.39
RONW(%)41.19
EPS (Basic) (₹)4.28

GNG Electronics

NAV/Share (₹)43.76
RONW(%)3.6
EPS (Basic) (₹)1.58

Cerebra Integrated Technologies

NAV/Share (₹)12.05
RONW(%)-16.27
EPS (Basic) (₹)-2.12

Valuation

New jaisa Technologies

P/E(X)0
CMP* (₹)28.20
Face value (₹)5

EPW India Ltd

P/E(X)18.36
CMP* (₹)0
Face value (₹)5

GNG Electronics

P/E(X)63.99
CMP* (₹)304
Face value (₹)2

Cerebra Integrated Technologies

P/E(X)0
CMP* (₹)6.86
Face value (₹)10

Broker & Analyst Reviews

Review Not Available

Institutional broker reviews and analyst reports have not been released for this issue yet. Reviews are typically published 2 to 3 days prior to the issue opening date.

IPO Allotment & Registrar Status

Official Registrar: Bigshare Services Private Limited

Allotment Finalized
Allotment Date
26 Dec 2025
Official Status
Out / Finalized
Registrar
Bigshare Services Private Limited
Listing Date
30 Dec 2025

Official Allotment Verification Links

Official Registrar Portal
Bigshare Services Private Limited

Direct allotment verification on the official registrar portal appointed for EPW India. Check with PAN or Application No.

Check on Registrar Portal
Stock Exchange Portal
BSE India Investor Portal

Official Bombay Stock Exchange investor verification channel using Issue Name and PAN Number.

Check on BSE India

Allotment Schedule & Milestones

IST
1. Allotment Finalization26 Dec 2025Basis of allotment declared
2. Refund Initiation1 day post allotmentUPI / ASBA mandate unblocked
3. Demat CreditPrior to listingShares credited to CDSL/NSDL
4. Listing Date30 Dec 2025Trading commences on exchange

How to Check EPW India Allotment Online

1Open Portal

Click on the official registrar link or BSE portal button above.

2Select Company

Select EPW India from the issue drop-down list.

3Enter Details

Select PAN, Application No., or DP Client ID and type your details.

4View Allocation

Click Submit to check your allotted share count and status.

Prospectus & Official Filings

Allotment FAQs & Help

About EPW India IPO

Complete issue overview for EPW India (EPWINDIA) IPO. The issue features an equity share price band of ₹95 – ₹97 per share with a minimum retail lot size of 1200 Shares (minimum application amount of ₹1,16,400). Explore live market tracking on our GMP Tracker, compare against All IPO GMP Today, or view category bidding on the Subscription Page. Verify official allotment via IPO Registrars or review participating investment bankers in our Lead Managers Directory.

Frequently Asked Questions