Description

EPW India Limited's equity shares to be listed on NSE EMERGE SME Platform effective December 30, 2025, trading in Trade for Trade Surveillance Segment.

Summary

NSE has announced the listing of equity shares of EPW India Limited on the EMERGE SME Platform effective December 30, 2025. The company will initially trade in Series ‘ST’ (Trade for Trade Surveillance Segment with Settlement Type ‘W’) before being shifted to Series ‘SM’ (Normal Rolling Segment). A total of 11,479,600 equity shares with face value of Rs. 5/- each will be listed at an issue price of Rs. 97/- per share.

Key Points

  • Symbol: EPWINDIA
  • ISIN: INE1KEC01023
  • Face Value: Rs. 5/- per equity share
  • Issue Price: Rs. 97/- per share
  • Total Securities: 11,479,600 equity shares
  • Market Lot Size: 1,200 equity shares
  • Trading Series: ST (Trade for Trade Surveillance Segment - Settlement Type ‘W’)
  • Maximum Permissible Spread: Within 10%
  • Market Type: Continuous Market
  • Pari Passu: Yes

Regulatory Changes

No new regulatory changes introduced. The listing follows existing SEBI circulars:

  • SEBI circular no. CIR/MRD/DP/01/2012 dated January 20, 2012
  • SEBI circular no. CIR/MRD/DP/02/2012 dated January 20, 2012
  • Exchange Circular No. NSE/CMTR/37202 dated March 14, 2018

Compliance Requirements

  • Members must note the security will be part of pre-open session for IPO and Other category of scrips
  • Security will be available for trading in continuous market as per exchange guidelines
  • Trading to be conducted only through designated security codes
  • Lot sizes must be maintained as specified in the annexure
  • Security will initially trade in Series ‘ST’ before transitioning to Series ‘SM’

Important Dates

  • Circular Date: December 29, 2025
  • Listing Effective Date: December 30, 2025
  • Financial Year: April 2025 - March 2026

Impact Assessment

Limited market impact as this is a standard SME segment listing on the EMERGE platform. The trade-for-trade surveillance mechanism indicates enhanced monitoring. Trading will be restricted to the SME segment with specific lot sizes (1,200 shares) and spread limits (10%). The company operates in Hyderabad with SMC Global Securities Limited serving as the market maker, and Bighshare Services Private Limited as the registrar and transfer agent.

Company Details:

  • Registered Office: Shop No. 131 & 132, Ground Floor, C-Block Chenoy Trade Center, Parklane, Hyderabad, Secunderabad – 500003, Telangana
  • Compliance Officer: Ms. Deepika Gupta
  • Email: compliance@epwindia.com
  • Website: www.epwindia.com

Impact Justification

Standard SME IPO listing on EMERGE platform with trade-for-trade surveillance, limited to specific segment participants