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Euro Pratik Sales IPO is a bookbuilt issue of Rs 451.31 crore. This issue is entirely an offer for sale of 1.83 crore shares with no fresh issue.
The IPO opens for subscription on September 16, 2025, and closes on September 18, 2025. The allotment is expected to be finalized on Friday, September 19, 2025. The price band for the IPO is set at ₹235 to ₹247 per share, and the minimum lot size for an application is 60 shares.
Company Summary
Incorporated in 2010, Euro Pratik Sales Limited is engaged in the business of decorative wall panels and decorative laminates industry as a seller and marketer of Decorative Wall Panels and Decorative Laminates.
The company creates unique design templates for Decorative Wall Panels and Laminates, aligning with modern architectural trends, and was recognized as an innovator for products like Louvres, Chisel, and Auris.
Over the last seven years, the company has developed a diverse product portfolio, establishing a unique market in Decorative Wall Panels and Laminates for residential and commercial applications.
As of March 31, 2025, the company offers over 30 product categories and 3,000 designs in India, operating as a fast-fashion brand with 113 product catalogs launched in four years.
The company offers eco-friendly, durable alternatives to traditional wall decoration products like wallpaper, wood, and paint. Its products are anti-bacterial, anti-fungal, made from recycled materials, and free from harmful heavy metals.
The company operates a vast distribution network across 116 cities in India, covering metros to Tier-III cities. As of Mar 31, 2025, it manages 180 distributors across 25 states and five union territories.
The company also exports to six countries, including Singapore, the UAE, and Australia, and plans to expand into new markets with strong demographics and growth potential.
Product Portfolio
- Decorative Wall Panels: The company specializes in Decorative Wall Panels for both aesthetics and functionality, offering insulation, soundproofing, and easy installation. These durable, cost-effective panels are ideal for residential and commercial spaces.
- Decorative Laminates: The company offers high-quality Decorative Laminates made from materials like PVC, providing stylish finishes and durability for furniture, cabinetry, countertops, and wall coverings with protection against wear and tear.
Company Strengths
- One of India’s largest organized wall panel brands in the organized Decorative Wall Panel industry.
- Comprehensive product portfolio across various categories
- Staying ahead of market trends with our merchandising capabilities and a key focus on product novelty and new designs.
- Asset-light business model with global long-term partnerships.
- Pan-India presence with a well-established distribution network.
Company Financials
| Period Ended | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
| Assets | 273.84 | 174.49 | 159.12 |
| Total Income | 291.52 | 230.11 | 268.55 |
| Profit After Tax | 76.44 | 62.91 | 59.57 |
| EBITDA | 110.1 | 89 | 83.63 |
| Net Worth | 234.49 | 155.73 | 130.02 |
| Reserves and Surplus | 223.88 | 153.75 | 129.51 |
| Total Borrowing | 2.68 | – | 3 |
| Amount in ₹ Crore | |||
Objectives of IPO
- To carry out the Offer for Sale of up to 1.83 crore equity shares of face value of ₹1 each by the Selling Shareholders aggregating up to ₹4,513.15 million;
- Achieve the benefits of listing the Equity Shares on the Stock Exchanges.
Promoters of the company
Pratik Gunvantraj Singhvi, Jai Gunvantraj Singhvi, Pratik Gunwantraj Singhvi HUF, and Jai Gunwantraj Singhvi HUF are the promoters of the company.
IPO Details
| IPO Date | September 16, 2025 to September 18, 2025 |
| Listing Date | September 23, 2025 |
| Face Value | ₹1 per share |
| Price Band | ₹235 to ₹247 per share |
| Lot size | 60 shares |
| Total Issue size | 1,82,71,862 shares (aggregating upto ₹451.31 Cr ) |
| Issue type | Bookbuilding IPO |
| Listing at | NSE, BSE |
| Share Holding Pre Issue | 10,22,00,000 shares |
| Share Holding Post Issue | 10,22,00,000 shares |
Category Reservation Table
| Application Category | Maximum Bidding Limits | Bidding at Cut-off Price Allowed |
| Only RII | Upto Rs 2 Lakhs | Yes |
| Only sNII | Rs 2 Lakhs to Rs 10 Lakhs | No |
| Only bNII | Rs 10 Lakhs to NII Reservation Portion | No |
| Only employee | Upto Rs 5 lakhs | Yes |
| Employee + RII/NII | 1. Employee limit: Upto Rs 5 lakhs (In certain cases, employees are given a discount if the bidding amount is up to Rs 2 Lakhs) 2. If applying as RII: Upto Rs 2 Lakhs 3. If applying as NII: sNII > Rs 2 Lakhs and upto Rs 10 Lakhs, and bNII > Rs 10 lakhs | Yes for Employee and RII/NII |
Lot Allocation Details
| Application | Lots | Shares | Amount |
| Retail (Min) | 1 | 60 | ₹14,820.00 |
| Retail (Max) | 13 | 780 | ₹1,92,660.00 |
| S-HNI (Min) | 14 | 840 | ₹2,07,480.00 |
| S-HNI (Max) | 67 | 4,020 | ₹9,92,940.00 |
| B-HNI (Min) | 68 | 4,080 | ₹10,07,760.00 |
Allotment Schedule
| Basis of Allotment | Fri, 19 Sep, 2025 |
| Initiation of Refunds | Mon, 22 Sep, 2025 |
| Credit of Shares to Demat | Mon, 22 Sep, 2025 |
| Tentative Listing Date | Tue, 23 Sep, 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on September 18, 2025 |
IPO Reservation
| Investor Category | Shares Offered |
| QIB Shares Offered | Not more than 50% of the Net Offer |
| Retail Shares Offered | Not less than 35% of the Net Offer |
| NII Shares Offered | Not less than 15% of the Net Offer |
To check allotment, click here
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