SME IPO, Dec. 22 -- The initial public offering (IPO) of EPW India opened today, December 22, for bidding. The SME IPO will remain open till Wednesday, December 24.

EPW India operates in the refurbished IT hardware segment, offering laptops, desktops, Chromebooks, and peripherals through both B2B and direct-to-consumer channels. The company has a 4,500 sq ft in-house refurbishment unit and typically completes the refurbishment process within 15-20 days before reselling the products.

According to data available on Chittorgarh, EPW India has so far been subscribed over 10% on the first day of bidding.

Individual investors segment was booked 0.10 times, meanwhile, non-institutional segment was subscribed 0.21 times.

The shares of EPW Ind...