| Price | 95 to 97 |
|---|---|
| GMP Rumors | ₹3 |
| Lot size | 2400 |
| Issue size | ₹31.81 Cr |
| Allotment | 26-12-2025 |
| Listing | 30-12-2025 |
| Suggestion | Avoid |
| Allotment Status | Bigshare |
| Video |
BSE List Price : ₹113.00
| Category | Times |
|---|---|
| QIBs | 1.17x |
| HNIs | 1.88x |
| Retail | 1.31x |
| Total : 1.39x | |
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 2 | 2,400 | ₹232,800 |
| Retail Maximum | 2 | 2,400 | ₹232,800 |
| S-HNI Minimum | 3 | 3,600 | ₹349,200 |
| S-HNI Maximum | 8 | 9,600 | ₹931,200 |
| B-HNI Minimum | 9 | 10,800 | ₹1,047,600 |
EPW is a prominent player in the IT electronics refurbishment industry, specializing in providing cost-effective refurbished laptops, desktops, Chromebooks, monitors, and related accessories. The company procures used laptops, desktops, Chromebooks, and peripherals, then repairs, upgrades, and refurbishes them into ready-to-use products, which are sold to both business clients and individual customers. In FY25, 54.29% of the company’s revenue came from the Business-to-Consumer segment, while 45.20% was generated from Business-to-Business operations.
The company operates a 4,500 sq. ft. in-house refurbishment facility supported by a skilled and experienced workforce. Every product goes through a rigorous process of inspection, repair, testing, and cleaning before being offered for sale. A broad product portfolio along with dependable warranty support forms some of the company’s key strengths.
| 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 |
Yousuf Uddin
Mohd. Fasi Uddin
Mohd. Zaki Uddin
Strong refurbishment capability – EPW’s in-house facility and skilled team ensure strict testing, quality refurbishment, and warranty-backed products, helping deliver reliable and affordable IT electronics to customers.
Diversified customer base – Revenue from both B2C and B2B segments reduces dependency on one market and positions the company to benefit from rising demand for refurbished electronics.
Dependence on rented facilities: The company conducts its operations from leased offices and warehouses. Any cancellation, failure to renew, or interruption of these lease or license agreements may negatively impact its business activities and operations.
Dependence on IT supplies: Reliance on multiple suppliers, fluctuating prices, and lack of long-term contracts may impact cost control, competitiveness, and profitability.
To Meet Working Capital Requirements.
Repayment of banking facilities availed by the company.
General Corporate Purpose.
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/
Bigshare Services Pvt.Ltd.
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/IPO_Status.html
Avoid