return to news
  1. Euro Pratik Sales IPO subscribed 18% so far on day 1; check price band, lot size and key details

Market News

Euro Pratik Sales IPO subscribed 18% so far on day 1; check price band, lot size and key details

Kamal Joshi

2 min read | Updated on September 16, 2025, 12:21 IST

Twitter Page
Linkedin Page
Whatsapp Page

SUMMARY

Euro Pratik Sales IPO: The initial share sale is purely an offer for sale (OFS) of shares valued at ₹451.32 crore by promoters with no fresh issue component.

Euro Pratik Sales sells and markets decorative wall panels and decorative laminates. | Image: europratik.com

Euro Pratik Sales sells and markets decorative wall panels and decorative laminates. | Image: europratik.com

Euro Pratik Sales IPO: The initial public offering of Euro Pratik Sales Limited, a key player in the decorative wall panel industry, opened for public subscription on Tuesday, September 16. The issue will conclude on Thursday, September 18. The price band is fixed at ₹235 to ₹247 per share, and a lot consists of 60 shares.

The initial share sale is purely an offer for sale (OFS) of shares valued at ₹451.32 crore by promoters with no fresh issue component.

Under the OFS, promoter selling shareholders Pratik Gunvantraj Singhvi, Jai Gunvantraj Singhvi, Jai Gunwantraj Singhvi HUF, Pratik Gunwantraj Singhvi HUF, Dipty Pratik Singhvi and Nisha Jai Singhvi will divest their stake.

Euro Pratik Sales IPO: Live subscription status

CategorySubscription status (As of 12:20 pm)
Qualified Institutional Buyers (QIBs)--
Non-Institutional Investors43%
Retail Investors17%
Total18%

On Monday, the company collected ₹134.97 crore from anchor investors, including 360 One group, ITI MF, Motilal Oswal Mutual Fund (MF), Alchemy Capital Management, Ashish Kacholia-backed Bengal Finance and Investment, Nuvama Wealth, Turnaround Opportunities Fund, SB Opportunities Fund II, Neo Asset Management and US-based PineBridge Investments.

Euro Pratik Sales IPO: Key dates

EventDate
Subscription periodSeptember 16 to September 18
Basis of allotmentSeptember 19
Initiation of RefundsSeptember 22
Credit of Shares to DematSeptember 22
Listing dateSeptember 23

Axis Capital and DAM Capital Advisors are the IPO's book-running lead managers, while MUFG Intime India is the registrar.

Euro Pratik has a substantial product range catering to residential and commercial applications, majorly sold under its flagship brands 'Euro Pratik' and Gloirio.

The firm operates on an asset-light model, outsourcing manufacturing to contract partners across China, South Korea, and the US. As of March 2025, its distribution network is spread across 116 cities in India.

It had reported a revenue from operations of ₹284.22 crore and a profit after tax (PAT) of ₹76.44 crore in the fiscal year 2025.

To learn more about IPOs, their listings, schedules, and upcoming IPOs, visit our page.

To add Upstox News as your preferred source on Google, click here.
SIP
Consistency beats timing.
promotion image

About The Author

Kamal Joshi
Kamal Joshi is a business journalist who covers industries, markets, and IPOs. He is passionate about breaking news and enjoys playing tennis, especially flexing his backhand. He was previously associated with Republic TV and LatestLY.