EPW India
December 22, 2025 – December 24, 2025
| Price | ₹95 - ₹97 |
| GMP Rumors * | ₹0 |
|---|---|
| Lot size | 1200 |
| Issue size | ₹31.81 cr |
| Allotment | Dec 26, 2025 |
| Listing | Dec 30, 2025 |
EPW India Lot(s) Distribution
| Category | Lot(s) | Qty | Amount | Reserved |
|---|---|---|---|---|
| INDIVIDUAL | 2 | 2400 | 232800 | 0 |
| sHNI | 3 | 3600 | 349200 | 0 |
| bHNI | 9 | 10800 | 1047600 | 0 |
EPW India Reservation
| Category | Shares Offered | % |
|---|---|---|
| Total | 0 | 100% |
EPW India About
IPO Details
| Total Issue Size | 32,79,600 shares (aggregating up to ₹31.81 Cr) |
| Fresh Issue | 32,79,600 shares (aggregating up to ₹31.81 Cr) |
| Issue Type | Bookbuilding IPO |
| Listing At | NSE SME |
| Share Holding Pre Issue | 82,00,000 shares |
| Share Holding Post Issue | 1,14,79,600 shares |
| Reserved for Market Maker | 1,64,400 shares (aggregating up to ₹1.59 Cr) |
| Market Maker | * |
Key Performance Indicator (KPI)
Adding Soon.
Company Financial (In ₹Crore) AS PER DRHP
| Period Ended | Jun-25 | Mar-25 | Mar-24 | Mar-23 |
|---|---|---|---|---|
| Assets | 36.76 | 27.2 | 8.1 | 6.25 |
| Total Income | 21.99 | 53.34 | 18.55 | 6.66 |
| Profit After Tax | 1.94 | 4.33 | 0.74 | 0.06 |
| EBITDA | 3.04 | 6.21 | 1.03 | 0.11 |
| NET Worth | 7.14 | 5.28 | 0.95 | 0.21 |
| Reserves and Surplus | 7.05 | 5.18 | 0.85 | 0.11 |
| Total Borrowing | 18.15 | 12.25 | 0.23 | 0.58 |
Peer Comparison
Adding Soon.
About Company
The company is an IT electronics refurbishing enterprise engaged in sourcing, refurbishing, and selling pre-owned IT assets through both Direct-to-Consumer (D2C) and Business-to-Business (B2B) channels. It operates an end-to-end reverse supply chain model that includes procurement of used IT equipment such as laptops, desktops, Chromebooks, and peripherals, refurbishing them to near-new condition, and supplying them to retail and institutional customers.
Sales are conducted through the company’s own retail stores as well as its online platform. The product portfolio includes laptops, desktops, Chromebooks, monitors, and accessories such as keyboards and mice.
The company’s mission is to reduce electronic waste and promote sustainable technology consumption by offering high-quality refurbished electronics at affordable prices. It is committed to enabling digital inclusion by making reliable computing devices accessible to a wider population.
EPW India envisions a future where technology and sustainability coexist, aiming to lead the transition toward an eco-friendly technology ecosystem by supporting the circular economy through refurbishing, reusing, and recycling electronic products.
Product & Service Offerings
- Certified refurbished laptops with Intel i5, i7, and i9 processors
- Pre-tested desktops and monitors with warranty support
- IT hardware solutions for businesses, institutions, and professionals
- Free PAN-India shipping with fast order processing
- Dedicated after-sales support and expert technical assistance
Strength
Wide and Diverse Product Portfolio: The company offers a broad range of refurbished laptops, desktops, Chromebooks, and peripherals across multiple brands and price points. This enables it to cater to students, professionals, businesses, educational institutions, and budget-conscious customers with solutions suited for study, office work, gaming, and everyday use.
Experienced Technical Team: A skilled and diverse team of engineers and technicians manages the refurbishment of IT products, ensuring consistent quality, reliable performance, and product longevity. Their expertise supports efficient operations and the ability to serve customers across education, corporate, and retail segments.
Reliable Warranty & After-Sales Support: All refurbished products are backed by warranty support, offering repairs or replacements during the coverage period. This builds customer trust, enhances satisfaction, and supports long-term customer relationships.
Weakness
Dependence on IT Supplies and Price Volatility: The business relies on a steady and timely supply of IT equipment and components from multiple suppliers. Price volatility and the absence of long-term supply contracts may affect cost control, competitiveness, and profitability.
Reliance on Leased Premises: The company operates from leased offices and warehouses. Any termination, non-renewal, or disruption of these lease or license arrangements could adversely affect business operations.
Inventory Management and Component Price Risks: Effective inventory planning is critical to align procurement with demand. Inaccurate demand forecasting, procurement delays, or fluctuations in prices of refurbishment components may increase costs, impact working capital, and adversely affect profitability.
EPW India Lead Manager(s)
EPW India Address
Shop No. 131 & 132, Ground Floor,
C-Block Chenoy Trade Center, Parklane
Secunderabad
Hyderabad, Telangana, 500003
Phone: 79934 39988
Email: compliance@epwindia.com
Website: https://epwindia.com/
EPW India Registrar
EPW India Reviewers
| Reviewer | Recommendation | File |
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