EPW India IPO GMP & Review: Apply or Avoid?

EPW India IPO is open for bidding from 22nd December 2025 to 24th December 2025. It is a bookbuilding IPO of ₹31.81 crore, an entirely fresh issue of 0.33 crore shares. The issue will be listed on NSE and SME on its tentative listing date, 30th December 2025. 

EPW India IPO Details 

The EPW India IPO date is fixed between 22nd December 2025 and 24th December 2025. The face value of EPW India shares stands at ₹5 per share, and the IPO Issue price band is set at ₹95 to ₹97 per share

Bigshare Services Private Limited is the registrar of the EPW India IPO and is responsible for managing the allotment process and initiating refunds. Check out the latest IPO details in the table below. 

EPW India IPO Share Reservation

Riddhi Display Equipment’s IPO is a bookbuilding IPO issue of 0.33 crore worth ₹31.81 crores. EPW India IPO Limited shares will be listed on the NSE and the SME Exchange. Furthermore, SEBI has specified the share reservation criteria for different investor categories. 

EPW India IPO GMP Grey Market Premium

GMP is the gap between the issue price band and the price at which company shares are currently trading in the grey market. Do you want to get live updates on the EPW India IPO? If yes, then you’ve reached the right spot. Check the table below to learn about the GMP trends.

As of 22nd December 2025, EPW India IPO GMP stands at ₹0 per share, which means the share will likely show a listing at ₹97.00 on its tentative listing date, 30th December 2025.

GMP data is subject to change based on market trends and sentiments. You should check the live GMP status before applying for the EPW India IPO GMP. Stay informed with Univest for real-time insights into IPOs and their GMP trends. 

EPW India IPO GMP Review

Check out the detailed EPW India GMP IPO review for a thorough understanding of its potential to report listing gains on 30th December 2025. The EPW India IPO review below will help you invest effectively to avoid significant losses. Explore more to make informed investment decisions on this IPO. 

Financial Health

Assess a company’s financial performance to know about its ability to sustain a competitive edge. Thus, it is essential to understand the business’s economic growth and decline before applying for the EPW India IPO.

EPW India Limited’s revenue increased by 188% from ₹18.55 crores in March 2024  to ₹53.34 crores in March 2025. Moreover, the company’s PAT increased by 485% from ₹0.74 crores in March 2024 to ₹4.33 crores in March 2025.

EPW India’s IPO has shown consistent revenue growth, indicating the company’s financial stability. Moreover, the brokers, investors, and RAs have a positive outlook for the EPW India IPO for its tentative listing day, which is 30th December 2025. 

Technical Analysis

Several technical indicators are available to assess a company’s potential to deliver returns. Use the parameters mentioned below to analyse the technicals of the EPW India IPO.

The PE ratio of EPW India Limited shares is 18.36, and its Earnings Per Share (EPS) stands at 5.28. Thus, the EPW India IPO can deliver gains on its tentative listing date, 30th December 2025. 

Note: The data, as mentioned above, is taken from authentic sources and highlights pre-issue information. The PE ratio and EPS of EPW India Limited are subject to change after the IPO. Explore the table below to get post-issue updates on these two metrics. 

EPW India IPO Subscription Status

The EPW India IPO is to be opened for bidding on 22nd December 2025. The subscription status for this IPO is yet to be announced. Stay informed on this passage to check the live EPW India IPO Subscription Status. 

About EPW India Limited

EPW India is an IT electronics refurbishing company providing affordable refurbished laptops, desktops, Chromebooks, monitors, and accessories through both B2B and direct-to-consumer channels. The company procure laptops, desktops, Chromebook, and peripherals, refurbishing them to new condition, and reselling them directly to end use customers. With a 4,500 sq. ft. in-house refurbishment facility and a skilled team of 32 technicians, it ensures every product goes through a 15–20 day process of testing, repair, cleaning, and software installation before sale. The company is committed to delivering reliable, sustainable, and cost-effective IT products. In FY 2025, It generated 54.29% of revenue from B2C segment and remaining 45.20% from B2B sales.

EPW India Limited Financials

The company’s financial analysis is essential before applying for the EPW India IPO. Look at the table to learn about EPW India Limited’s financials. 

Explanation

EPW India Limited’s revenue increased by 188% from ₹18.55 crores in March 2024  to ₹53.34 crores in March 2025. Moreover, the company’s PAT increased by 485% from ₹0.74 crores in March 2024 to ₹4.33 crores in March 2025.

EPW India Limited IPO Promoter Holdings

Have a look at the table below to check the holdings of EPW India Limited.

Mr Hitesh Kumar Singla, Mr Nikhil Singla, Mr Nitin Dixit, and Mr Anil Kumar Sharma.

Note: The value will be calculated using Equity Dilution = Share Holding Pre Issue – Share Holding Post Issue.

Aim of EPW India IPO

The primary aim of the EPW India IPO is to raise ₹30.41 crores. On the other hand, EPW India has decided to utilise these funds in different ways.

• To fund the working capital requirements of the Company
• For general corporate purposes

Should I Invest in the EPW India IPO?

Explore the pros and cons of EPW India to know whether you should apply or avoid the issue. These pros and cons might help you understand the IPO’s efficiency in delivering profits over the coming decades. 

Pros of EPW India IPO

• The company has a Wide Range of Products
• The company has a Experienced Team of Individuals
• The company Reliable Warranty Service

Cons of EPW India IPO

• The company has dependence on supply of used electronics
• The company has component price volatility
• The company has working capital intensive model

How to Apply for EPW India IPO?

Check the steps mentioned below to apply for EPW India Ltd.

• Step 1: Conduct thorough research on the EPW India IPO GMP, subscription status, issue size, lot size, and other details. 
• Step 2: Open a demat account with Univest to access real-time insights on GMP and subscription status. You can also use your previous demat account by navigating to the IPO section. 
• Step 3: Make a bid for 2 lot of 2,400 shares worth ₹2,32,800
• Step 4: You will receive a mandate request after making a bid. Approve the request to proceed further.    

Note: You can apply for the EPW India IPO across multiple demat accounts to increase your chances of allotment. 

How to Check EPW India IPO Allotment Status?

You can check for the EPW India IPO allotment in different ways. These include BSE and the registrar portal. Follow the steps below to check your allotment status online.

Check On NSE

• Visit the NSE Official Site
• Navigate to the IPO Allotment Section. 
• Select Equity as the issue type. 
• Choose the EPW India IPO.  
• Choose whether to proceed with the PAN number or the application number.
• Submit your details to get the allotment status online. 

Check On the Registrar Portal

• Visit the registrar portal.
• Click on the allotment option.
• Fill in the required details.
• Click on the submit button to know your EPW India IPO allotment status.

Let’s Wrap

EPW India IPO is a bookbuilding issue of shares worth ₹31.81 crores. The shares of EPW India Limited will be listed on NSE and SME on its tentative listing date of 30th December 2025. Researching the EPW India IPO GMP and reviews is highly recommended to achieve your desired profitability. Brokers and investors have highlighted their pros and cons, so one must analyse them and decide accordingly.

Open a demat account on Univest now to initiate your investment journey!

FAQs on EPW India IPO

How is the EPW India IPO?

Ans. Currently, on 22nd December 2025, the EPW India GMP (Grey Market Premium) stands at ₹0. It indicates that the estimated listing price could be ₹97 per share. It is a bookbuilding IPO of ₹31.81 shares. The face value of each EPW India share is ₹5 per share. 

What is the EPW India IPO price?

Ans. The EPW India IPO issue price band is set at ₹95.00 to ₹97.00 per share. 

Is the EPW India IPO a good investment?

Ans. EPW India Limited’s revenue increased by 188% from ₹18.55 crores in March 2024  to ₹53.34 crores in March 2025. Moreover, the company’s PAT increased by 485% from ₹0.74 crores in March 2024 to ₹4.33 crores in March 2025.

Who is the registrar of the EPW India IPO?

Ans. Bigshare Services Private Limited is the registrar for the EPW India IPO, awaiting to manage the allotment process and initiate refunds. For any queries regarding the EPW India allotment and refund, you can contact Bigshare Services Private Limited at ipo@bigshareonline.com or at +91-22-6263 8200.

What is the issue size of the EPW India IPO? 

Ans. EPW India IPO is a bookbuilding IPO for ₹31.81 shares. Moreover, the IPO is set to open on 22nd December 2025 and will be closed on 24th December 2025. 

Disclaimer: The above information is compiled from authentic sources and is just for informational purposes. To have detailed information about the EPW India IPO, download the EPW India IPO RHP and EPW India IPO DRHP. Conduct your research before investing in IPOs to avoid significant losses. You can also consult your financial advisor.

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