What is IPO Grey Market Premium (GMP)?

IPO Grey Market Premium (GMP) is an unofficial, over-the-counter premium over the issue price that dealers and investors pay prior to official listing on NSE/BSE.

How is estimated IPO listing price determined?

Estimated Listing Price = Cut-off / Issue Price + Current Grey Market Premium (GMP). For example, an issue price of ₹100 with ₹40 GMP yields an estimated listing price of ₹140 (+40%).

What is Kostak rate in an IPO?

Kostak rate is the fixed profit earned by selling an IPO application before allotment, irrespective of whether the application is allotted shares or not.

What is Subject to Sauda in IPO trading?

Subject to Sauda is an informal contract where payment is made only if the seller receives share allotment in the IPO.

Is IPO Grey Market Premium (GMP) regulated by SEBI?

No. Grey Market transactions are non-exchange over-the-counter commitments and are not officially regulated or endorsed by SEBI. Investors should treat GMP as an informal sentiment indicator.

What is the current subscription status of EPW India Limited IPO?

EPW India Limited IPO has received a total subscription of 1.39 times overall.

IPO GreyPremiumLIVE

Grey Market Intelligence

EPW India Limited

ListedSME

Consumer Durables / Electronics · NSE

EPW India is an IT electronics refurbishing company that offers affordable refurbished laptops, desktops, Chromebooks, monitors, and accessories through both B2B and direct-to-consumer channels. The company procures used IT equipment, refurbishes it to near-new condition, and sells it directly to end customers after a detailed 15–20 day process involving testing, repair, cleaning, and software installation at its 4,500 sq. ft. in-house facility, supported by a team of 32 technicians. Focused on sustainability and cost efficiency, EPW India generated 54.29% of its FY 2025 revenue from the B2C segment and 45.20% from B2B sales.

Price Band

₹95 – ₹97

Issue Size

₹31.81 Cr

Lot Size

1200 shares

GMP

₹2.12

+2.2%

Est. Listing

₹99.12

at current GMP

Subscribed

1.39x

overall

Open

22 Dec 2025

24 Dec 2025

Allotment

26 Dec 2025

Refund

27 Dec 2025

Demat Credit

28 Dec 2025

Listing

30 Dec 2025

Last updated 12 days ago

Overview Live GMP Subscription Status Allotment Status Filing Documents

Overall Subscription

1.39x

Total Demand

QIB Multiplier

1.17x

Institutions & Funds

NII / HNI

1.88x

High Net-Worth

Retail (RII)

1.31x

Individual Bidders

Category-Wise Subscription Breakup

Live bidding breakdown by institutional, non-institutional, and retail investors

Total 1.39x

Category	Shares Offered	Shares Applied / Bid	Times Subscribed
QIB	622,800	726,000	1.17x
NIB	468,000	882,000	1.88x
HNIs(10L +)	312,000	471,600	1.51x
HNIs (2-10L)	156,000	410,400	2.63x
RETAIL	1,092,000	1,428,000	1.31x
Total	2,650,800	3,918,000	1.39x

Application-Wise Breakup

Total unique applications received across retail and HNI tranches

Apps 1.43x

Category	Applications Reserved	Applications Received	Times Subscribed
QIB	—	2	0.00x
NIB	—	119	0.00x
RETAIL	455	595	1.31x
HNIs(10L +)	87	19	0.22x
HNIs (2-10L)	43	100	2.33x
Total Applications	585	835	1.43x

Day-Wise Subscription Progress

Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.

About EPW India Limited Public Issue & Market Profile

EPW India Limited is bringing an initial public offering (IPO) in the Consumer Durables / Electronics sector with an aggregate issue size of ₹31.81 Crores. The shares are offered at a price band of ₹95 to ₹97 per equity share on NSE. Currently, grey market participants and retail investors are watching the bidding trend, premium movement, and anchor book demand with keen interest.

Bidding & Quota Instructions:

Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 1200 shares (approx. ₹1,16,400 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.

Allotment Reconciliation Schedule:

Allotment reconciliation will be managed by Bigshare Services Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2025-12-28, while un-allotted funds or UPI block mandates will be released on 2025-12-27.

Frequently Asked Questions

What is EPW India Limited IPO GMP today?

The latest Grey Market Premium (GMP) for EPW India Limited IPO is ₹2.12 per equity share. Based on the upper price band of ₹95 to ₹97 per equity share, the estimated listing price is ₹99.12 (+2.2% expected listing gain).

What is the expected profit per lot for EPW India Limited IPO?

With a lot size of 1200 shares and current GMP of ₹2.12, the expected profit per application lot is approx ₹2,544 (+2.2% gain). Minimum application cost is approx ₹1,16,400.

What is the issue size and price band for EPW India Limited IPO?

The EPW India Limited IPO aggregate issue size is ₹31.81 Crores with an equity price band set at ₹95 to ₹97 per equity share. The retail lot size is 1200 shares requiring a minimum capital outlay of approx. ₹1,16,400.

How can I check EPW India Limited IPO live subscription demand?

Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 1.39x (Retail: 1.31x, QIB: 1.17x, NII: 1.88x). You can track live multiples directly on our dedicated subscription page.

Where and when will EPW India Limited IPO allotment status be published?

The basis of allotment will be published on the official registrar portal (Bigshare Services Private Limited) and the BSE status verification website on or around 2025-12-26. Investors can verify status using PAN card or application number.

When is the listing date for EPW India Limited IPO?

EPW India Limited shares are scheduled to list on NSE on 2025-12-30.