Euro Pratik Sales IPO opens September 16: Check price band, lot size, key dates and more

Euro Pratik Sales IPO: The mainboard initial public offering of leading decorative wall panel brand Euro Pratik Sales will open for subscription on September 16. The issue will conclude on September 19. It has set a price band of ₹235 to ₹247 per share.

The initial share sale is purely an offer for sale (OFS) of 1.83 crore shares aggregating to ₹451.31 crore.

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

As there is no fresh issue component, the company will not get any IPO proceeds.

Euro Pratik Sales IPO lot size

A lot consists of 60 shares and in multiples thereafter. The company has reserved 35% of the net offer for retail investors, 50% for qualified institutional buyers and 15% for non-institutional investors.

Euro Pratik Sales IPO timeline: Allotment and listing dates

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

About Euro Pratik Sales

Euro Pratik Sales Ltd sells and markets decorative wall panels and decorative laminates. It is among the leading decorative wall panel brands in India.

Its products are anti-fungal, anti-bacterial, free from certain heavy metals like mercury and lead, and are made from recycled and eco-friendly materials, offering substitutes to wood and paint products.

As of March 31, 2025, it offers over 30 product categories with more than 3,000 designs.

It had posted a revenue from operations of ₹284.22 crore and a net profit of ₹76.44 crore in the financial year 2024-25.