{"id":15883,"date":"2025-12-17T15:31:14","date_gmt":"2025-12-17T10:01:14","guid":{"rendered":"https:\/\/www.torusdigital.com\/toruscope\/?p=15883"},"modified":"2025-12-17T15:31:14","modified_gmt":"2025-12-17T10:01:14","slug":"epw-india-ipo-opens-key-details-investors-shouldnt-miss","status":"publish","type":"post","link":"https:\/\/www.torusdigital.com\/toruscope\/news\/epw-india-ipo-opens-key-details-investors-shouldnt-miss\/","title":{"rendered":"EPW India IPO Opens: Key Details Investors Shouldn\u2019t Miss"},"content":{"rendered":"

[vc_section el_id=”blog-inner-layout”][vc_row overlay_dotted=””][vc_column el_class=”blog_primary”][vc_row_inner][vc_column_inner][vc_column_text css=””]<\/p>\n

In December 2025, the SME IPO segment continues to witness steady activity, supported by investor interest in niche businesses offering value-driven and sustainable solutions. Companies operating in refurbished electronics and circular economy models are gaining attention due to rising demand for affordable IT hardware and increasing focus on sustainability.<\/p>\n

Against this backdrop, EPW India Ltd. is set to open its IPO<\/a> on December 22, 2025. Here is a detailed insight into EPW India Ltd., its IPO, and key financial details.<\/p>\n

<\/span>About EPW India Ltd.<\/strong><\/span><\/h2>\n

EPW India Ltd. is an IT electronics refurbishing company engaged in procuring, refurbishing, and reselling laptops, desktops, Chromebooks, monitors, and accessories. The company serves both B2B and direct-to-consumer (B2C) markets by offering refurbished IT products at affordable prices.<\/p>\n

The company operates a 4,500 sq. ft. in-house refurbishment facility supported by a team of 32 technicians. Each product undergoes a 15\u201320 day refurbishment cycle, including testing, repair, cleaning, and software installation, before being sold to end customers.<\/p>\n

In FY 2025, 54.29% of revenue was generated from the B2C segment, while 45.20% came from B2B sales.<\/p>\n

<\/span>EPW India IPO Details<\/strong><\/span><\/h2>\n

EPW India IPO<\/a> is a bookbuilding issue of \u20b931.81 crore, comprising entirely a fresh issue of 0.33 crore shares. The company plans to use the proceeds to support business growth and operational requirements.<\/p>\n

<\/span>Important IPO Timeline<\/strong><\/span><\/h3>\n\n\n\n\n\n\n\n\n\n\n\n
Event<\/strong><\/td>\nDate<\/strong><\/td>\n<\/tr>\n<\/thead>\n
IPO Open Date<\/td>\nMon, Dec 22, 2025<\/td>\n<\/tr>\n
IPO Close Date<\/td>\nWed, Dec 24, 2025<\/td>\n<\/tr>\n
Allotment Date (Tentative)<\/td>\nFri, Dec 26, 2025<\/td>\n<\/tr>\n
Initiation of Refunds<\/td>\nMon, Dec 29, 2025<\/td>\n<\/tr>\n
Credit of Shares to Demat<\/td>\nMon, Dec 29, 2025<\/td>\n<\/tr>\n
Listing Date (Tentative)<\/td>\nTue, Dec 30, 2025<\/td>\n<\/tr>\n
Cut-off time for UPI mandate confirmation<\/td>\n5 PM on Wed, Dec 24, 2025<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

<\/span>Key IPO Details<\/strong><\/span><\/h3>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
IPO Date<\/td>\nMon, Dec 22, 2025 to Wed, Dec 24, 2025<\/td>\n<\/tr>\n
Face Value<\/td>\n\u20b95\u00a0per share<\/td>\n<\/tr>\n
Price Band<\/td>\n\u20b995 to \u20b997<\/td>\n<\/tr>\n
Lot Size<\/td>\n1,200 Shares<\/td>\n<\/tr>\n
Sale Type<\/td>\nFresh Capital<\/td>\n<\/tr>\n
Issue Type<\/td>\nBookbuilding\u00a0IPO<\/td>\n<\/tr>\n
Listing At<\/td>\nNSE SME<\/td>\n<\/tr>\n
Total Issue Size<\/td>\n32,79,600\u00a0shares
\n(aggregating up to \u20b931.81\u00a0Cr)<\/td>\n<\/tr>\n
Reserved for\u00a0Market Maker<\/td>\n1,64,400\u00a0shares
\n(aggregating up to \u20b91.59\u00a0Cr)<\/td>\n<\/tr>\n
Net Offered to Public<\/td>\n31,15,200\u00a0shares
\n(aggregating up to \u20b930.22\u00a0Cr)<\/td>\n<\/tr>\n
Share Holding Pre Issue<\/td>\n82,00,000\u00a0shares<\/td>\n<\/tr>\n
Share Holding Post Issue<\/td>\n1,14,79,600\u00a0shares<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

Lead Manager:<\/strong> GetFive Advisors Pvt. Ltd.
\nRegistrar:<\/strong> Bigshare Services Pvt. Ltd.<\/p>\n

<\/span>EPW India IPO Reservation<\/span><\/h3>\n\n\n\n\n\n\n\n
Investor Category<\/strong><\/td>\nShares Offered<\/strong><\/td>\n<\/tr>\n<\/thead>\n
QIB Shares Offered<\/td>\nNot more than 50% of the Net Issue<\/td>\n<\/tr>\n
Retail Shares Offered<\/td>\nNot less than 35% of the Net Issue<\/td>\n<\/tr>\n
NII Shares Offered<\/td>\nNot less than 15% of the Net Issue<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

<\/span>EPW India IPO Lot Size<\/strong><\/span><\/h3>\n\n\n\n\n\n\n\n\n\n
Application<\/strong><\/td>\nLots<\/strong><\/td>\nShares<\/strong><\/td>\nAmount<\/strong><\/td>\n<\/tr>\n<\/thead>\n
Individual investors (Retail) (Min)<\/td>\n2<\/td>\n2,400<\/td>\n\u20b92,32,800<\/td>\n<\/tr>\n
Individual investors (Retail) (Max)<\/td>\n2<\/td>\n2,400<\/td>\n\u20b92,32,800<\/td>\n<\/tr>\n
S-HNI (Min)<\/td>\n3<\/td>\n3,600<\/td>\n\u20b93,49,200<\/td>\n<\/tr>\n
S-HNI (Max)<\/td>\n8<\/td>\n9,600<\/td>\n\u20b99,31,200<\/td>\n<\/tr>\n
B-HNI (Min)<\/td>\n9<\/td>\n10,800<\/td>\n\u20b910,47,600<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

<\/span>EPW India Ltd. Financials<\/strong><\/span><\/h2>\n

The EPW India IPO has a pre-issue market capitalisation of \u20b9111.35 crore. As of March 31, 2025, the company reported strong growth in revenues and profitability.<\/p>\n

<\/span>Key Company Financials (\u20b9 Crore)<\/strong><\/span><\/h3>\n\n\n\n\n\n\n\n\n\n\n\n
Period Ended<\/strong><\/td>\n30 Jun 2025<\/strong><\/td>\n31 Mar 2025<\/strong><\/td>\n31 Mar 2024<\/strong><\/td>\n31 Mar 2023<\/strong><\/td>\n<\/tr>\n<\/thead>\n
Assets<\/td>\n36.76<\/td>\n27.20<\/td>\n8.10<\/td>\n6.25<\/td>\n<\/tr>\n
Total Income<\/td>\n21.99<\/td>\n53.34<\/td>\n18.55<\/td>\n6.66<\/td>\n<\/tr>\n
Profit After Tax<\/td>\n1.94<\/td>\n4.33<\/td>\n0.74<\/td>\n0.06<\/td>\n<\/tr>\n
EBITDA<\/td>\n3.04<\/td>\n6.21<\/td>\n1.03<\/td>\n0.11<\/td>\n<\/tr>\n
Net Worth<\/td>\n7.14<\/td>\n5.28<\/td>\n0.95<\/td>\n0.21<\/td>\n<\/tr>\n
Reserves and Surplus<\/td>\n7.05<\/td>\n5.18<\/td>\n0.85<\/td>\n0.11<\/td>\n<\/tr>\n
Total Borrowing<\/td>\n18.15<\/td>\n12.25<\/td>\n0.23<\/td>\n0.58<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

<\/span>Key Performance Indicators (KPI)<\/strong><\/span><\/h3>\n\n\n\n\n\n\n\n\n\n\n\n
KPI<\/strong><\/td>\nValue<\/strong><\/td>\n<\/tr>\n<\/thead>\n
ROE<\/td>\n139.17%<\/td>\n<\/tr>\n
ROCE<\/td>\n35.03%<\/td>\n<\/tr>\n
Debt\/Equity<\/td>\n2.32<\/td>\n<\/tr>\n
RoNW<\/td>\n82.06%<\/td>\n<\/tr>\n
PAT Margin<\/td>\n8.13%<\/td>\n<\/tr>\n
EBITDA Margin<\/td>\n11.64%<\/td>\n<\/tr>\n
Price to Book Value<\/td>\n15.06<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

<\/span>Pre IPO vs Post IPO<\/strong><\/span><\/h3>\n\n\n\n\n\n\n\n
Metric<\/strong><\/td>\nPre IPO<\/strong><\/td>\nPost IPO<\/strong><\/td>\n<\/tr>\n<\/thead>\n
EPS (\u20b9)<\/td>\n5.28<\/td>\n6.75<\/td>\n<\/tr>\n
P\/E (x)<\/td>\n18.36<\/td>\n14.37<\/td>\n<\/tr>\n
Promoter Holding<\/td>\n100%<\/td>\n71.43%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

Promoters:<\/strong> Yousuf Uddin, Mohd. Fasi Uddin, and Mohd. Zaki Uddin<\/p>\n

<\/span>EPW India Ltd.: Industry Outlook<\/strong><\/span><\/h3>\n