Euro Pratik Sales IPO Kicks Off on Mixed Note, Employees Lead Bidding

Mumbai, September 16, 2025: The IPO of Euro Pratik Sales Limited witnessed a muted response on its first day of bidding. It was subscribed by only 0.45 times as of 4:30 PM, receiving bids for 57,14,640 shares, against 1,28,07,308 shares offered.

Euro Pratik Sales Limited is an Indian company that operates in the decorative wall panel and laminates industry. The company was established on 19th January 2010 and has its headquarters in Mumbai, Maharashtra, India.

Employees Lead The Subscription at 1.28 Times

Qualified Institutional Buyers (QIBs) subscribed only 0.26 times, bidding for 9,31,140 shares against 36,41,463 offered. Non-Institutional Buyers subscribed 0.93 times, with 25,27,380 bids against 27,31,805 shares, where bNIIs (bids above ₹10 lakh) were oversubscribed at 1.31 times with 23,76,780 bids against 18,21,203 shares, while sNIIs (bids below ₹10 lakh) subscribed at just 0.17 times with 1,50,600 bids against 9,10,602 shares. Retail investors showed limited interest, subscribing 0.34 times with 21,79,620 bids against 63,74,212 shares. Employee quota saw stronger demand with 1.28 times subscription, as 76,500 bids were placed against 59,828 shares.

Price Band of ₹235 – ₹247

The issue size of the Euro Pratik Sales Limited IPO is ₹451 crore, which includes a 100% offer-for-sale, with no element of fresh issue. The company has set ₹235 – ₹247 as the price band for the issue, with the lot size of 60 shares. This amounts to a minimum investment by a retail investor of ₹14,820 at upper band. Axis Capital Ltd. is the book running lead manager while MUFG Intime India Pvt.Ltd. is the registrar of the issue.

Raised ₹134.97 Crore From Anchor Investors

Ahead of Euro Pratik Sales IPO, the company raised ₹134.97 crore from anchor investors by allocating them a total of 54,64,554 equity shares at ₹247 per share. Domestic mutual funds were allocated 25.93% of the total shares, with Motilal Oswal Large Cap Fund and ITI Multi Cap Fund together investing ₹35 crore.

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