The IPO is a complete offer for sale (ofs) of 1.83 Crore Share by the Promoters and Promoter Group, Aggregating to ₹ 451.32 Crore. , Photo credit: istockphoto
The ₹ 451.32-Crore IPO of Euro Pratik Sales Ltd, A Decorative Wall Panel Company, OPENS for Public Subscription today after mobileing ₹ 135 Crore from Anchor Investors.
Anchor portion
The company allotted over 54.64 Lakh Equity Shares at ₹ 247 per Share to Investors, Including 360 One Group, Motilal Oswal Mutual Mutual Fund (MF), ITI Mf, Alchemy Capital MANAGEMENMENT, NUVAVAA WEALITH, Ashish Kacholia-Backed Bengal Finance and Investment, Turnard Opportunities Fund, Neo Asset Management, SB Opportunities Fund II and Us-Based Pinabridge Investments, Acording DATA.
IPO Details
The IPO is a complete offer for sale (ofs) of 1.83 Crore Share by the Promoters and Promoter Group, Aggregating to ₹ 451.32 Crore. The price band has been fixed at ₹ 235 to ₹ 247 per share, and the minimum application lot is 60 shares.
Half of the offer size has been reserved for Qualified Institutional Buyers (QIBS), 35 per cent for retail investors and the remain 15 per cent for non-institutional investors (Niis).
It will conclude on September 18, 2025. The allotment process is expected to be finalized by september 19. The shares will likely list on both Bse and Nse On September 23, 2025.
Axis Capital and Dam Capital Advisors are the Book-Running Lead Manages of the Issue.
Business Portfolio
Euro Pratik Sales Operates with an asset-light model, outsourcing manufacturing while focusing on design, branding, and distribution. The company has had a broad product portfolio, solder the flagship brands euro pratik and gloirio. Financially, IT reported 28 per cent increases Revenue in Fiscal 2025 at ₹ 284.23 Crore. Profit after Tax Rose By Nearly 22 per cent to ₹ 76 Crore.
The company’s Heavy Reliance on Foreign Suppliers Exposes IT to Currency Fluctations. The company also depends significantly on distributors and third-party vendors, making its supply chain vulnerable.
Valuation
On Valuation, Brokerages Noted That The IPO is Reasonally Price 3nd 31–33 times fY25 earnings, Making it attractive compared with peers in the decorative interiors space, thirty -the Relatively Higher.
Some recommendations sugges that the IPO is better suited for long-term investors who want to tap into the growing organized decorative materials market, Whilel Short-TORM TRAREM TRADERS ShOLD TEMPECTATIONS.
In Contract, Shivani Nyaati, Head of Wealth at Swastika Investmart Ltd, Said That Investors May Avoid The IPO as High Valuation and Operational Risks Warrant Cautious Consideration.
Published on September 16, 2025