EPW India
Listing performance
Scheduled dates
Tentative timetable — a past date is not confirmation the step completed
Grey market premium
Unofficial and indicative — not a forecast
3 observations recorded — too few to plot a trend.
Day-wise premium · 3 observations
| Date | GMP | % | Sauda | Est. listing | Gain / lot |
|---|---|---|---|---|---|
| 30 Dec 2025 | ₹2.5 | +2.58% | ₹2,300 | ₹99.5 | ₹3,000 |
| 29 Dec 2025 | ₹2.5 | +2.58% | ₹2,300 | ₹99.5 | ₹3,000 |
| 28 Dec 2025 | ₹2.5 | +2.58% | ₹2,300 | ₹99.5 | ₹3,000 |
Gain per lot assumes the premium holds to listing and that the application is allotted — allotment in an oversubscribed issue is a lottery, so it is indicative, not expected. Sauda is the rate paid for a submitted application itself.
Issue details
- IPO date
- 22 Dec 2025 – 24 Dec 2025
- Listing date
- 30 Dec 2025
- Face value
- ₹5 per share
- Issue price
- ₹97 per share
- Lot size
- 1,200 shares
- Issue type
- Book Building issue
- Listing at
- NSE
- Total issue size
- ₹31.81 Cr
- Market cap at offer price
- ₹111 Cr
- Promoter holding
- 100.00% → 71.43% pre-issue → post-issue
- ISIN
- INE1KEC01023
- Registrar
- Bigshare Services Pvt.Ltd.
- Lead managers
- GetFive Advisors Pvt.Ltd.
- Registered office
- Shop No.131 & 132, Ground Floor, C-Block Chenoy Trade Center, Parklane, Secunderabad, Telangana
Reservation and application size
How the issue is split between investor categories, and what each may bid
| Investor category | Shares | % of net | % of total |
|---|---|---|---|
| Anchor investor · within QIB | 9,32,400 | — | — |
| Market maker | 1,64,400 | — | — |
Application size
Minimum 1,200 shares per lot, in multiples, at ₹97
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 1 | 1,200 | ₹1,16,400 |
| S-HNI (min) | 2 | 2,400 | ₹2,32,800 |
| S-HNI (max) | 8 | 9,600 | ₹9,31,200 |
| B-HNI (min) | 9 | 10,800 | ₹10,47,600 |
Category limits
| Category | Bid size | Cut-off |
|---|---|---|
| Retail (RII) | Up to ₹2 lakh | Yes |
| Small HNI (sNII) | ₹2 lakh – ₹10 lakh | No |
| Big HNI (bNII) | Above ₹10 lakh | No |
| Employee | Up to ₹5 lakh | Yes |
Bidding at cut-off means accepting the final issue price without naming one. Only retail and employee applicants may do so.
Anchor investors
Institutional allocation placed a day before the issue opens, carved out of the QIB portion and locked in after listing.
Valuation and performance
Valuation at offer price
₹97 per share
| Metric | Pre-issue | Post-issue |
|---|---|---|
| EPS (₹) | 5.28 | 7.01 |
| P/E (×) | 18.37 | 13.84 |
| Price to book (×) | 15.06 | — |
| Market cap | — | ₹111 Cr |
Key performance indicators
Latest reported period
- Return on net worth
- 82.06%
- ROCE
- 35.03%
- Debt / equity
- 2.32
- PAT margin
- 8.13%
- EBITDA margin
- 11.64%
- NAV per share
- ₹6.44
- Price to book
- 15.06
Single period as reported. Year-on-year movement is in the financials table below, where every period is published.