EPW India IPO

LISTED

SME

NSE • Lot Size: 1200 • SME

Issue₹97

→

Listed₹110+13%

→

Now₹110+13.4%

↑13.4%

*Last updated on 11 Jan 2026

Price Band

₹95 - ₹97

Lot Size

1200

Issue Size

₹31.81 Cr

GMP

N/A

Subscription

1.32x

Analyzing...

IPO Schedule

Open

22 Dec 2025

24 Dec 2025

Allotment

Listing

30 Dec 2025

About EPW India

EPW India manufactures specialized precision-engineered components, primarily supplying to the power generation, mining, and oil & gas industries. They focus on high-quality, custom-designed solutions for critical applications.

Key Strengths

High Return on Equity (ROE) of 139.17% indicates strong profitability and efficient use of shareholder equity.
Established relationships with key clients in the power generation, mining, and oil & gas sectors.
Focus on specialized, precision-engineered components creates a niche market with potentially higher margins.
Experienced management team with a proven track record in the manufacturing industry.
The SME segment listing could offer higher growth potential compared to larger, more established companies.

Risk Factors

•Concentration of revenue from a limited number of key clients exposes the company to customer-specific risks.
•Dependence on cyclical industries such as power generation and mining makes the company vulnerable to economic downturns.
•The IPO is relatively small (₹31.81 Cr), which can lead to higher volatility in the stock price post-listing.
•SME IPOs generally carry higher risk compared to Main Board IPOs due to factors like lower liquidity and information asymmetry.

Valuation Analysis

The P/E ratio of 18.36 appears reasonable considering the high ROE, but investors should carefully assess the company's growth prospects and sector risks to determine if the IPO price is justified. A comparative analysis against similar companies in the industry is essential.