EPW India Limited
IPO Details
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₹2.12(2.19%)
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EPW India Limited's completed its IPO journey with a successful listing on NSE on Dec 30, 2025. The public offering mobilized 32,79,600 Shares in total capital, comprising 32,79,600 Shares in fresh equity.
The offering was conducted within the price band of ₹95 to ₹97, with minimum application lots of 1200 shares. Investor participation during the Dec 22, 2025 to Dec 24, 2025 subscription window determined the final allocation pattern.
The basis of allotment was announced on Dec 26, 2025, finalizing share distribution to successful applicants. The listing represents a significant corporate development, providing the company with enhanced visibility and access to public capital markets.
Investors can bid starting from the minimum lot size specified for this IPO, and only in multiples of that lot size. The table below shows the minimum and maximum investment for retail investors and HNIs in terms of lots, quantity, and amount.
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.
Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."
- Wide and Versatile Refurbished Product Range – Offers refurbished laptops, desktops, Chromebooks, and peripherals across brands and price points, serving students, professionals, businesses, and budget-focused customers.
- Experienced and Skilled Technical Team – Trained engineers and technicians ensure proper refurbishment, consistent quality, and reliable product performance across education, corporate, and retail segments.
- Strong Warranty and After-Sales Support – All products come with warranty-backed repair or replacement support, building customer confidence and encouraging repeat purchases.
- Dependence on IT Equipment Supply and Price Fluctuations – The business relies on timely availability of IT products and components, and price volatility without long-term supply contracts may affect costs, margins, and competitiveness.
- Operational Risk from Leased Premises – Running offices and warehouses on leased properties exposes the company to risks from lease termination, non-renewal, or disruptions that could impact operations.
- Inventory and Component Cost Management Risk – Poor demand forecasting, procurement delays, or rising component prices may lead to higher inventory costs, increased working capital needs, and lower profitability.
- Yousuf Uddin
- Mohd. Fasi Uddin
- Mohd. Zaki Uddin
EPW India Limited
Bigshare Services Private Limited