ListedSME platform

EPW India Limited

EPWINDIA22 Dec 2025 – 24 Dec 2025
Issue price
₹97
final issue price
Issue size
—
Lot size
—
Listed on
30 Dec 2025
NSE
Notes

EPW India Limited was a SME-platform initial public offer.

The book was open from 22 December 2025 to 24 December 2025.

The issue was priced at ₹97 a share, from a band of ₹95 to ₹97.

We did not poll this issue while its book was open. The exchange publishes only the current cumulative figure and no history, so a subscription series cannot be reconstructed after an issue closes.

The shares listed on 30 December 2025.

How it has done since listing

This issue has no ISIN on file, so its listed price history cannot be matched.

The offer
Issue price
₹97
face value ₹5

The exchange’s record for an issue of this vintage carries the price and the dates only — lot size, issue size and the fresh-versus-offer-for-sale split were not published in the feed. The offer documents below are the source for those.

Registrar
Bigshare Services Private Limited
Lead manager
  • Getfive Advisors Private Limited
What happens when
3-day book
  1. Bidding opens22 Dec 2025
  2. Bidding closes24 Dec 2025
  3. Basis of allotmentnot published

    Not published in the exchange feeds we ingest — we do not estimate it.

  4. Listing30 Dec 2025
Subscription

We did not poll this issue while its book was open. The exchange publishes only the current cumulative figure and no history, so a subscription series cannot be reconstructed after an issue closes.

Demand at each price

We did not poll this issue while its book was open. The exchange publishes only the current cumulative figure and no history, so a subscription series cannot be reconstructed after an issue closes.

Anchor investors

We have not extracted an anchor allotment list for this issue.

When locked shares come free
computed from ICDR rules
  • All other pre-issue capital
    SEBI ICDR 2018 Reg. 17 — all other pre-issue capital, 6 months from allotment
    30 Jun 2026
    already free
  • Promoters' minimum contribution
    SEBI ICDR 2018 Reg. 16(1)(a) — promoters' minimum contribution, 18 months from allotment
    30 Jun 2027
    whole tranche releases on this date

Computed from the SEBI ICDR 2018 lock-in rules, not disclosed by the issuer or the exchange. The regulation counts from the date of allotment, which no feed we ingest publishes, so these are counted from the listing date and fall at most two to three business days later than the true expiry.

How the price was set

The "Basis for Offer Price" chapter states the earnings the price was set against and the multiples it implies. We have not extracted it for this issue — several offer documents are served as .zip archives or as scanned pages with no text layer.

Restated financials

We have not extracted this section from the offer document for this issue yet. It is read from the abridged prospectus, and several offer documents are served as .zip archives or as scanned pages with no text layer.

Objects of the offer

We have not extracted this section from the offer document for this issue yet. It is read from the abridged prospectus, and several offer documents are served as .zip archives or as scanned pages with no text layer.

Who the issuer compares itself to
as printed in the offer document

The offer document must name the listed companies the issuer considers comparable, and print their valuation figures beside its own. This is that list — the issuer’s choice of comparison, not ours.

CompanyP/ERoNW
Cerebra Integrated Technologies Limited—-16.3%
GNG Electronics Limited64.03.6%
Newjaisa Technologies Limited—-7.0%
The issuer’s own figures, as it printed them
EPS
₹4.28
NAV per share
₹10.39
Return on net worth
41.19%

The issuer's own figures as printed at the head of the same table — its claim about itself, on the same basis as its claims about the companies below.

Figures as PRINTED by the issuer in its own offer document. The comparison set is the issuer's choice, not ours.

Who ran this issue, and what else they have run
past issues only
Lead manager
FirmIssuesTypical listing move
Getfive Advisors Private Limited
2025 – 2026
2
0 measurable
—
Registrar
FirmIssuesTypical listing move
Bigshare Services Private Limited
2021 – 2026
219
22 measurable
+10.9%

A count of what happened to the other issues each firm was named on, computed from exchange closes. Not a rating, not a ranking, and not a view on the firm.

Read the offer documents
4 filed

Filed with SEBI and the exchanges by the issuer. These are the source for every figure on this page.

Compiled from NSE and SEBI offer documents and exchange feeds. A description of the issue and of the bids received — not investment advice, and not a view on whether to apply. No grey-market premium, no allotment lookup and no listing-gain estimate is published here.