Euro Pratik Sales IPO to Open September 16 with Price Band of ₹235–247

New Delhi, September 10, 2025 – Euro Pratik Sales Limited, a top decorative wall panel manufacturer, declared that the Initial Public Offering (IPO) of the company will be opening on September 16, 2025, and closing on September 18, 2025. The price band has been fixed by the company at ₹235–247 per share with an issue size of ₹451.32 crore.

Wholly an Offer for Sale

Euro Pratik Sales IPO will be a full offer for sale (OFS) of ₹451.32 crore worth of equity shares by the current promoters. There will be no fresh equity issued, and the money will directly go to the selling shareholders.

Allocation Structure

According to the IPO pattern, 50 percent of the issue will be kept for Qualified Institutional Buyers (QIBs) and 35 percent for retail investors. The remaining 15 percent will be kept for Non-Institutional Investors (NIIs). The well-balanced allotment is likely to generate robust interest from institutional, retail, and high-net-worth players in the fray.

Strong Market Presence

Euro Pratik Sales has built a robust portfolio under its brand leaders Euro Pratik and Gloirio, both for the residential as well as commercial segment. The company follows an asset-light business model by outsourcing the manufacturing to collaborators in South Korea, China, and the United States.

As of March 31, 2025, Euro Pratik’s distribution network spread across 116 cities in 25 states and five union territories with the help of a network of 180 distributors, emphasizing its wide pan-India reach.

Financial Performance

The firm has registered steady growth in the past few years. For FY25, Euro Pratik clocked a turnover of ₹284.23 crore, 28 percent higher than the previous FY24 figure of ₹222 crore. Its profit after tax for FY25 came in at ₹76.44 crore, which is 21.51 percent higher compared to ₹63 crore the year before. This stable financial performance also speaks of its capacity to remain profitable while expanding operations.

Lead Managers and Listing

The issue will be handled by Axis Capital and DAM Capital Advisors, serving as the book-running lead managers. The equity shares of Euro Pratik Sales will be listed on both the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) after the issue closes.

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