Euro Pratik Sales IPO: Know Offer Size, Price Band, Lot Size of Decorative Laminate Maker’s Public Issue

Euro Pratik Sales IPO: Euro Pratik Sales IPO (Euro Pratik Sales Ltd) bidding window is scheduled to open on September 16. Here’s a look at some key details related to Euro Pratik Sales IPO which primary market investors should know before the public issue opens for subscription:

Euro Pratik Sales IPO: Offer Size and Price Band

Euro Pratik Sales IPO is worth Rs 451.31 crore. Euro Pratik Sales IPO only consists of an offer-for-sale component of 18.3 million shares. Euro Pratik Sales IPO price band has been set at Rs 235 to Rs 247 per share.

Euro Pratik Sales IPO: Lot Size and Minimum Investment

Retail investors interested in applying for Euro Pratik Sales IPO can place bids for a minimum of 60 shares which aggregates to an investment of Rs 14,820. On the other hand small Non-Institutional Investors can apply for the laminate maker’s issue by bidding for a minimum of 14 lots or 840 shares resulting in an investment of Rs 207,480. Big Non-Institutional Investors can apply for the issue by bidding for 68 lots resulting in an investment of at least Rs 10,07,760.

Euro Pratik Sales IPO: Reservation

As much as 50 per cent of the Euro Pratik Sales IPO has been set aside for the Qualified Institutional Buyers (QIBs). Retail investor quota in Euro Pratik Sales IPO is not less than 35 per cent of the public issue and NII quota not less than 15 per cent of the net issue.

Euro Pratik Sales IPO: Subscription window, listing date, allotment date

Euro Pratik Sales IPO subscription window will open on September 16. Euro Pratik Sales IPO subscription window will close on September 18. Euro Pratik Sales IPO’s basis of share allotment status will be finalised on September 19.

Post the announcement of the share allotment status of Euro Pratik Sales IPO, unsuccessful bidders will receive refunds on September 22. Bidders who have been allotted Euro Pratik Ltd shares will receive them in their demat account on the same day. Euro Pratik Sales Ltd shares will list on the NSE and BSE. Euro Pratik Sales share listing date is September 23.

Euro Pratik Sales IPO GMP

The grey market premium (GMP) for Euro Pratik Sales shares is Rs 0 on September 13, according to several websites which track the activity of unlisted shares. The low GMP indicates a flat listing for the stock at Rs 247 apiece.

Euro Pratik Sales : Key financials

Euro Pratik Sales’ total income for FY25 stood at Rs 291.52 crore increasing by over 26 per cent from Rs 230.11 in FY24. The company posted a profit-after-tax of Rs 76.44 crore in FY25 compared to a net profit of Rs 62.91 lakh in FY24 indicating an increase of more than 21 per cent year-on-year.

Euro Pratik: Promoters

Pratik Gunvantraj Singhvi, Jai Gunvantraj Singhvi, Pratik Gunwantraj Singhvi HUF and Jai Gunwantraj Singhvi HUF are the promoters of Euro Pratik Ltd. The promoters held 87.97 per cent in the company prior to the public issue and will reduce their stake to 70.1 per cent post the issue.

Euro Pratik Sales IPO: Registrar

Euro Pratik Sales IPO’s book-running lead manager is Axis Capital Ltd and the registrar is MUFG Intime India Pvt.Ltd.

Euro Pratik Sales IPO: Objective

Euro Pratik Sales plans to carry out its offer-for-sale and benefit from listing its equity shares on the exchanges.

About Euro Pratik Sales Ltd

Euro Pratik Sales Ltd is engaged in manufacturing decorative wall panels. The company also sells and markets decorative wall panels and decorative laminates. Euro Pratik Sales Ltd offers over 30 product categories and 3,000 designs in India.