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Euro Pratik Sales Ltd opened its initial public offering (IPO) today, September 16, for subscription. The price band has been set between Rs 235 and Rs 247 per equity share with a face value of Re 1. The IPO aims to raise Rs 451.31 crore through an Offer for Sale (OFS) by the promoters. The issue has been subscribed 34 per cent so far.

The issue has been subscribed 34 per cent so far, with a total subscription of 41,61,840 shares out of 1,34,64,781. Breaking it down, Qualified Institutional Buyers(QIBs) have subscribed 9,31,140 shares out of 38,29,062 reserved shares, while Non Institutional Investors (NIIs) and Retail Individual Investors(RIIs) have subscribed 14,14,800 and 17,51,940 shares out of 28,71,798 and 67,00,862 reserved shares, respectively, according to the data received on NSE.

Euro Pratik Sales IPO is a book-built issue of 1.83 crore shares of Rs 451.31 crore. The bidding window for the issue is from September 16 to September 18. The allotment status is expected to be finalised on September 19, and the tentative listing date is fixed at September 23, 2025.

The price band of the IPO is set at Rs 235 to Rs 247 apiece, with a lot size of 60 shares (minimum investment required for retail is Rs 14,820).

Euro Pratik Sales is a brand that operates in decorative wall panels and laminates in India. According to the financial performances for FY25, the company recorded an increase in revenue to Rs 284 crore from Rs 222 crore, and a 21.5 per cent increase in net profit, from Rs 63 crore to Rs 77 crore. EBITDA was at 35.7 per cent, and net profit margin was 27 per cent. Return on Equity (ROE) was 32.8 per cent, and Return on Capital Employed (ROCE) was 43.7 per cent.

Euro Pratik Sales IPO: Issue price, lot size, important dates, other things to know LATEST NEWSBy accepting cookies, you agree to the storing of cookies on your device to enhance site navigation, analyze site usage, and assist in our marketing efforts.