Allotment

Euro Pratik Sales Limited launched its IPO through the book-building route, aiming to raise a total of ₹451.31 crore. The issue is entirely an offer for sale (OFS) of 1.83 crore equity shares, aggregating to ₹451.31 crore. The IPO opened for subscription on September 16, 2025, and closed on September 18, 2025. The allotment was finalized on September 19, 2025, and the shares were listed on the BSE and NSE on September 23, 2025.
The IPO was offered at a price band of ₹247 per share, with a lot size of 60 shares. Retail investors were required to make a minimum investment of ₹14,820 at the upper price. For non-institutional investors, the sNII category required an application of 14 lots (840 shares) amounting to ₹2,07,480, while the bNII category required 68 lots (4,080 shares) amounting to ₹10,07,760.
The issue also included a reservation of up to 59,827 shares for eligible employees, offered at a discount of ₹13 per share to the issue price. This employee reservation provided an opportunity for internal stakeholders to participate in the company’s public listing.
The IPO was managed by Axis Capital Ltd., which acted as the Book Running Lead Manager, while MUFG Intime India Pvt. Ltd. served as the Registrar to the issue. Overall, the IPO provided investors an opportunity to participate in a company operating in the decorative wall panels and laminates segment, with a strong brand presence, extensive distribution network, and growing domestic and international footprint.
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| IPO Date | 23 Sep |
| IPO Listing Date | 23 Sep |
| IPO Face Value | ₹1.00 per share |
| IPO Price Range | ₹247.00 |
| IPO Issue Size | 1,82,74,798 shares |
| IPO Sale Type | Offer For Sale |
| Employee Discount | - |
| IPO Issue Type | Bookbuilding IPO |
| IPO Listing | BSE, NSE Platform |
| hare Holding Pre Issue | 10,22,00,000 shares |
| IPO Open Date | 16 Sep |
| IPO Close Date | 18 Sep |
| IPO Allotment (Tentative) | 19 Sep |
| Refunds | 22 Sep |
| Credit to Demat Account | 22 Sep |
| IPO Listing Date | 23 Sep |
| Category | Offer |
|---|---|
| QIB Shares Offered | 38,29,062 Shares |
| NII (HNI) Shares Offered | 28,71,798 Shares |
| Retail Shares Offered | 67,00,862 Shares |
Investors can bid for a minimum of 60 shares, with additional shares to be purchased in multiples of 60.
| Application | Lots | Share | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 60 | ₹14,820 |
| Retail (Max) | 13 | 780 | ₹1,92,660 |
| S-HNI (Min) | 14 | 840 | ₹2,07,480 |
| S-HNI (Max) | 67 | 4,020 | ₹9,92,940 |
| B-HNI (Min) | 68 | 4,080 | ₹10,07,760 |
Incorporated in 2010, Euro Pratik Sales Limited operates in the decorative wall panel and decorative laminates industry as a seller and marketer of Decorative Wall Panels and Decorative Laminates. The company focuses on developing visually appealing and functional surface solutions that align with modern architectural and interior design trends. It has been recognized as an innovator for differentiated products such as Louvres, Chisel, and Auris.
Over the past seven years, Euro Pratik has built a diverse and distinctive product portfolio, creating a strong presence in the decorative wall panels and laminates segment for both residential and commercial applications. As of March 31, 2025, the company offered over 30 product categories and more than 3,000 designs in India. Operating as a fast-fashion brand, it launched 113 product catalogs in the last four years, enabling rapid response to evolving consumer preferences.
The company provides eco-friendly and durable alternatives to traditional wall décor solutions such as wallpaper, wood, and paint. Its products are anti-bacterial, anti-fungal, manufactured using recycled materials, and are free from harmful heavy metals, making them a sustainable choice for modern interiors. Key offerings include Decorative Wall Panels, which offer insulation, soundproofing, and easy installation, and Decorative Laminates, which deliver stylish finishes and long-lasting protection for furniture, cabinetry, countertops, and wall coverings.
Euro Pratik Sales Limited has established a strong pan-India distribution network, operating across 116 cities, including metro, Tier-II, and Tier-III locations. As of March 31, 2025, the company worked with 180 distributors across 25 states and five union territories. It also exports its products to six countries, including Singapore, the UAE, and Australia, and plans to expand into additional international markets with favorable growth potential.
Competitive Strengths:
One of India’s largest organized brands in the decorative wall panel segment
Comprehensive and diversified product portfolio
Strong focus on product innovation and trend-led design development
Asset-light business model supported by long-term global partnerships
Extensive pan-India distribution network with growing international presence
| 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 |
| ROE | 39.18% |
| ROCE | 44.58% |
| Debt/Equity | 0.01 |
| RoNW | 32.60% |
| PAT Margin | 26.08% |
| EBITDA Margin | 38.74% |
| Price to Book Value | 10.77 |
IPO Objects of the Issue
| S.No. | Objects of the ipo Resources Detail | IPO Amount |
|---|---|---|
| 1 | Funding capital expenditure requirements for the purchase of equipment/machineries | - |
| 2 | To meet out the expenses of Working Capital Requirement | - |
| 3 | To meet out the General Corporate Purposes; | - |
| 4 | Offer for Sale (OFS) | - |
Euro Pratik Sales Ltd. Address
601-602, 6th floor, Peninsula Heights,
C.D. Barfiwala Lane,
Andheri (West),
Mumbai, Maharashtra, 400058
Phone: +91 22 2624 4574
Email: cs@europratik.com
Website: http://www.europratik.com/
IPO Registrar
MUFG Intime India Pvt.Ltd.
+91-22-4918 6270
europratik.ipo@linkintime.co.in