EPW India Ltd IPO

About EPW India Ltd

The Company was originally incorporated as EPW India Private Limited on April 16, 2021 under the Companies Act, 2013 vide certificate of incorporation issued by the Registrar of Companies Central Registration Centre, Manesar. Subsequently, the name of the company was changed from EPW India Private Limited to EPW India Limited under The Companies Act, 2013 pursuant to a special resolution passed by its shareholders at the Extra-Ordinary General Meeting held on November 25, 2024 and had obtained fresh certificate of incorporation dated December 26, 2024 issued by the Registrar of Companies/ Central Processing Centre, Manesar with Corporate Identification Number of the Company U72900TG2021PLC150671.

The refurbished electronics market size worldwide was valued at US$ 48.29 billion in 2023, which is expected to expand at a CAGR of 10% to reach US$ 94.10 billion by 2030. North America has been a significant player and the largest market for refurbished electronics, primarily because of its well-developed e-commerce infrastructure, tech-savvy population and consumer awareness of sustainability. Europe is the second largest market for refurbished electronics, and it has gained traction due to stringent regulations promoting sustainable practices and consumer protection. Asia-Pacific is the third largest market, and it is growing significantly in the refurbished electronics market, driven by a large population, increasing urbanisation, and rising smartphone ownership. Countries like India, South Korea and China have posted a rise in demand for refurbished smartphones and other electronic devices, serving the budget-conscious consumers.

The Company is IT electronics refurbishing company providing refurbished electronics by using two different Supplychain method (Direct to consumer and Business to Business) at significant prices as compared to new products. Its business model encompasses end to end reverse supply chain for IT assets. It involves procuring used IT assets (laptops, desktops, Chromebook and peripherals), refurbishing them to as close to new condition, and selling them directly to end use customers businesses or retail. Currently, the company sells IT products like laptops, desktops, Chromebook, monitors, and accessories (keyboards, mouse, etc.) through its own shops and website.

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