Euro Pratik Sales IPO Opens Today; ₹135 Crore Raised from Anchors
By Shishta Dutta | Published at: Sep 16, 2025 10:18 AM IST
Mumbai, September 16, 2025: The Initial Public Offering (IPO) of Euro Pratik Sales Limited will open for subscription today, on September 16. Euro Pratik Sales IPO window will close on September 18, and the shares are expected to list on September 23, 2025. The allotment finalisation is expected on September 19 and the company will credit the shares into the demat accounts, along with initiating refund on September 22.
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.
Raised ₹134.97 Crore From Anchor Investors
Ahead of the 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.
Key investors included:
| Sr. No. | Anchor Investor | Shares Allocated | % of Anchor Portion | Investment (₹ crore) |
|---|---|---|---|---|
| 1 | Pinebridge Global Funds – Pinebridge India Equity Fund | 13,49,340 | 24.69% | 33.33 |
| 2 | Turnaround Opportunities Fund | 10,78,020 | 19.73% | 26.63 |
| 3 | 360 One Equity Opportunity Fund – Series 4 | 2,03,580 | 3.73% | 5.03 |
| 4 | Motilal Oswal Large Cap Fund | 10,12,200 | 18.52% | 25.00 |
| 5 | ITI Multi Cap Fund | 4,04,880 | 7.41% | 10.00 |
| 6 | Alchemy Emerging Leaders of Tomorrow | 4,04,820 | 7.41% | 9.99 |
| 7 | Nuvama Crossover Opportunities Fund – Series III B | 3,03,300 | 5.55% | 7.49 |
| 8 | Bengal Finance and Investment Pvt Ltd | 3,03,300 | 5.55% | 7.49 |
| 9 | Neo Alternatives Investment Trust – Neo Dynamic Strategy Fund | 2,02,620 | 3.71% | 5.00 |
| 10 | SB Opportunities Fund II | 2,02,494 | 3.71% | 5.00 |
| Total | 10 investors | 54,64,554 | 100% | 134.97 |
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.
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