EPW India IPO Subscribed over 1.32x on Day 3

EPW India IPO subscription started on December 22, 2025, and the IPO will close on December 24, 2025, as per the schedule. The price band is set at ₹95 to ₹97 per share with a face value of ₹5 each.

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EPW India IPO Subscription Status 

EPW India IPO subscribed over 1.32x on its last day till 5.00 PM on December 24, 2025.    

  • EPW India IPO subscription QIB investors’ portion is 1.17 times, while NII subscribed 1.53 times, and RII investors subscribed 1.31 times. 
  • The company has received bids for 28,71,600 shares against 21,82,800 shares on offer on the last day of subscription. 
  • EPW India IPO subscribed over 1.32x on its day 3. 
  • EPW India IPO subscribed over 0.58x on its day 2. 
  • EPW India IPO subscribed over 0.21x on its day 1. 

About EPW India Company 

EPW India is one of the leading IT electronics refurbishing companies involved in offering affordable refurbished laptops, desktops, Chromebooks, monitors, and accessories to customers. The company buys the old laptops, desktops, Chromebooks, and peripherals, and repairs, upgrades, and refurbishes them into new products and sells them to B2B and directly to customers as well. Moreover, in FY25, the company made 54.29% of revenue from Business-to-Customer and the other 45.20% from the Business-to-Business segment.

The business consists of a 4,500 sq. ft. in-house refurbishment facility and an experienced team that makes sure each product undergoes a strict process of testing, repairing, and cleaning before it is put on sale. Providing a wide range of products and reliable warranty service are some of the major strengths of the company.  

EPW India IPO GMP: 

EPW India’s IPO GMP was ₹0 as of Wednesday, December 24, 2025. That indicates the IPO is trading at ₹97 with a ₹0 premium in the grey market against the issue price of ₹97.  

Disclaimer: This content is provided strictly for educational and informational purposes. The securities or investments mentioned are not to be considered as investment advice or recommendations. The Investors are advised to do their own research or connect with a financial advisor before making any investment decisions.

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