Euro Pratik Sales IPO Sees Modest Debut on NSE, BSE, Shares List With 10% Premium

Euro Pratik Sales, a decorative wall panels and laminates manufacturer, made a modest debut on Dalal Street on September 23, 2025. Its share price listed at Rs 272.10 per share on the NSE at a premium of 10.16 per cent over the issue price. On the BSE, the stock listed at Rs 273.45 per share, a premium of 10.71 per cent.

Ahead of listing, Euro Pratik Sales shares were trading with a grey market premium (GMP) of Rs 10 over the issue price, indicating a listing gain of 4.05 per cent, according to multiple websites that track grey market activities.

Euro Pratik Share Price

Soon after listing, Euro Pratik Sales shares touched an intraday high of Rs 278 on the NSE but fell to a low of Rs 251.38 by 10:10 AM, showing a gain of 1.77 per cent from the IPO price.

Euro Pratik Sales IPO Details And Subscription

The Rs 451.39-crore initial public offering (IPO), an entirely offer for sale of 18.3 million shares priced at Rs 247 per share, saw a modest response from investors during its three-day bidding window, open from September 16 to September 18.

By the final day of bidding, the Euro Pratik Sales IPO received an overall subscription of 1.34 times.

Retail investors subscribed 1.23 times, non-institutional investors (NIIs) 1.92 times, and qualified institutional buyers (QIBs) 1.05 times. The employee quota, offered at a discount of Rs 13 per share, drew the strongest demand with 3.88 times subscription.

Ahead of the issue, the company raised Rs 134.97 crore from anchor investors by allotting 54.65 lakh shares. Half of these shares will be under a 30-day lock-in until October 19, while the remaining will be locked until December 18.

The IPO’s book running lead manager is Axis Capital and the registrar for the issue is MUFG Intime India.

The promoters of Euro Pratik Sales, Pratik Gunvantraj Singhvi, Jai Gunvantraj Singhvi, and their respective Hindu Undivided Families (HUFs), held 87.97 per cent in the company before the IPO. Their stake has now come down to 70.10 per cent following the share sale.

Euro Pratik Sales Financials

Euro Pratik reported revenues of Rs 291.5 crore in FY25, a growth of over 26 per cent from the previous year’s Rs 230.11 crore. Profit After Tax (PAT) came in at Rs 76.44 crore, up 21 per cent from Rs 62.91 crore in the previous fiscal year.