EPW India Limited

22 Dec 2025 - 24 Dec 2025 Individual Category SME NSE

Min Investment

₹232800

Price Band

₹95-₹97

Issue Size

₹22.77 Cr

Lot Size

1200 (per lot)

IPO Dates
img

22 Dec 2025

Open Date

img

24 Dec 2025

Close Date

img

26 Dec 2025

Allotment Date

img

30 Dec 2025

Listing Date

Know Before Investing

Strengths icon

  • Integrated end-to-end IT refurbishment and reverse supply chain model.
  • Dual B2B and D2C sales channels through stores and online platforms.
  • Experienced promoters with active involvement in daily operations.
  • Growing demand for affordable and sustainable refurbished electronics.
  • Scalable business with improving revenues and profitability trends.

Weaknesses icon

  • Dependence on a steady supply of used IT assets without long-term contracts.
  • Exposure to the price volatility of components used in refurbishment.
  • Working capital–intensive operations with reliance on external funding.
  • Competitive market with organised and unorganised refurbishers.
  • Regulatory and compliance risks related to e-waste management and imports.

About Epw India Limited

EPW India Limited was incorporated on April 16, 2021, and is headquartered in Hyderabad, Telangana. The Company was promoted by Yousuf Uddin, Mohd Fasi Uddin, and Mohd Zaki Uddin, who bring hands-on experience in managing and scaling operations in the refurbished electronics segment. The Company operates in the IT electronics refurbishment industry, focusing on the procurement, refurbishment, and resale of used IT assets. Its operations cover an end-to-end reverse supply chain, including sourcing used laptops, desktops, Chromebooks, monitors, and peripherals, refurbishing them to near-new condition, and distributing them to customers. EPW India serves both business-to-business and direct-to-consumer segments through its physical retail outlets and online channels. Its key offerings include refurbished computing devices and accessories at competitive price points compared to new products. The business model emphasises cost efficiency, quality control, and faster turnaround cycles. The Company’s strengths lie in its integrated refurbishment capabilities, multi-channel sales approach, and focus on affordability and sustainability within the growing refurbished electronics market.

IPO Objectives

1. To meet the working capital requirement

2. Repayment of banking facilities availed by the company

3. General Corporate Purpose

Company Promoters

Mohd Fasi Uddin

Mohd Zaki Uddin

Yousuf Uddin

How to Apply for IPO

img img

Login

Login to your Bigul Account

Select Lots & Price

Choose the number of lots and price

UPI ID

Enter your UPI ID

UPI Mandate Request

A UPI Mandate Request Triggered

Approve Mandate

Approve the UPI Mandate Request

IPO Allotment

YES Share will be credited. and the amount will be debited

Close

Let's Open Free Demat Account