Euro Pratik Sales IPO
Bookbuilding IPO | ₹451.00 Cr | Listing at BSE, NSE
IPO Open
Tue, Sep 16, 2025
IPO Close
Thu, Sep 18, 2025
Price Band
₹235.00 to ₹247.00
Market Cap (Pre-IPO)
₹2,524.34 Cr
IPO Details
| IPO Date | Sep 16, 2025 to Sep 18, 2025 |
| Listing Date | Tentative: Sep 23, 2025 |
| Face Value | ₹1.00 per share |
| Price Band | ₹235.00 to ₹247.00 |
| Lot Size | 60 Shares (Minimum: ₹14,820.00) |
| Sale Type | Offer For Sale |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Issue Size | ₹451.00 Crores |
| Total Shares Offered | 18,274,798 shares |
| Offer For Sale | 18,274,798 shares |
Subscription Data
| Category | Times Subscribed |
|---|---|
| QIB | 1.10x |
| NII | 2.02x |
| RII | 1.31x |
| Total | 1.41x |
Euro Pratik Sales IPO Reservation
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | 91,07,590 (49.84%) |
| Retail Shares Offered | 63,75,313 (34.89%) |
| NII Shares Offered | 27,32,277 (14.95%) |
Euro Pratik Sales IPO Lot Size
Investors can bid for a minimum of 60 shares and in multiples thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 60 | ₹14,820 |
| Retail (Max) | 13 | 780 | ₹192,660 |
| S-HNI (Min) | 14 | 840 | ₹207,480 |
| S-HNI (Max) | 67 | 4,020 | ₹992,940 |
| B-HNI (Min) | 68 | 4,080 | ₹1,007,760 |
Euro Pratik Sales Financial Information (Restated Consolidated)
Euro Pratik Sales Ltd.'s revenue increased by 27% and profit after tax (PAT) rose by 22% between the financial year ending with March 31, 2025 and March 31, 2024.
| Period Ended | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Assets | 273.84 | 174.49 | 159.12 |
| Total Income | 291.52 | 230.11 | 268.55 |
| Profit After Tax | 76.44 | 62.91 | 59.57 |
| EBITDA | 110.10 | 89.00 | 83.63 |
| NET Worth | 234.49 | 155.73 | 130.02 |
| Reserves and Surplus | 223.88 | 153.75 | 129.51 |
| Total Borrowing | 2.68 | 0.00 | 3.00 |
Amount in ₹ Cr
Key Performance Indicators
As of Monday, March 31, 2025| KPI | Values |
|---|---|
| ROE (Return on Equity) | 39.18% |
| ROCE (Return on Capital Employed) | 44.58% |
| Debt/Equity | 0.01 |
| RoNW (Return on Net Worth) | 32.60% |
| PAT Margin (Profit After Tax Margin) | 26.08% |
| EBITDA Margin | 38.74% |
| Price to Book Value | 10.77 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS Rs | 7.48 | 7.48 |
| P/E (x) | 33.02 | 33.02 |
| Promoter Holding | 87.97% | 70.10% |
Company Promoters
- Pratik Gunvantraj Singhvi
- Jai Gunvantraj Singhvi
- Pratik Gunwantraj Singhvi HUF and Jai Gunwantraj Singhvi HUF are the promoters of the company.
Company Overview
Incorporated in 2010, Euro Pratik Sales Limited is engaged in the business of decorative wall panel and decorative laminates industry as a seller and marketer of Decorative Wall Panels and Decorative Laminates.
The company creates unique design templates for Decorative Wall Panels and Laminates, aligning with modern architectural trends, and was recognized as an innovator for products like Louvres, Chisel, and Auris.
Over the last seven years, the company has developed a diverse product portfolio, establishing a unique market in Decorative Wall Panels and Laminates for residential and commercial applications.
As of March 31, 2025, the company offers over 30 product categories and 3,000 designs in India, operating as a fast-fashion brand with 113 product catalogs launched in four years.
The company offers eco-friendly, durable alternatives to traditional wall decoration products like wallpaper, wood, and paint. Its products are anti-bacterial, anti-fungal, made from recycled materials, and free from harmful heavy metals.
The company operates a vast distribution network across 116 cities in India, covering metros to Tier-III cities. As of Mar 31, 2025, it manages 180 distributors across 25 states and five union territories.
The company also exports to six countries, including Singapore, UAE, and Australia and plans to expand into new markets with strong demographics and growth potential.
Products:
- Decorative Wall Panels: The company specializes in Decorative Wall Panels for both aesthetics and functionality, offering insulation, soundproofing, and easy installation. These durable, cost-effective panels are ideal for residential and commercial spaces.
- Decorative Laminates: The company offers high-quality Decorative Laminates made from materials like PVC, providing stylish finishes and durability for furniture, cabinetry, countertops, and wall coverings with protection against wear and tear.
Company Strengths
- One of India&rsquo's largest organized wall panel brands in the organized Decorative Wall Panel industry.
- Comprehensive product portfolio across various categories
- Staying ahead of market trends with our merchandising capabilities and a key focus on product novelty and new designs.
- Asset-light business model with global long-term partnerships.
- Pan-India presence with a well-established distribution network.
Use of Proceeds
| 1) | To carry out the Offer for Sale of up to [●] equity shares of face value of ₹1 each by the Selling Shareholders aggregating up to ₹4,513.15 million; | |
| 2) | Achieve the benefits of listing the Equity Shares on the Stock Exchanges. |
Objectives
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
Euro Pratik Sales IPO Peer Comparison
| Company Name | EPS (Basic) | EPS (Diluted) | NAV (per share) (Rs) | P/E (x) | RoNW (%) | P/BV Ratio | Financial statements |
|---|---|---|---|---|---|---|---|
| Euro Pratik Sales Limited | 7.53 | 7.53 | 7.53 | 0.00 | 32.65 | 0.00 | Consolidated |
| Greenlam Industries Ltd | 2.68 | 2.68 | 44.17 | 87.54 | 6.07 | 0.00 | Consolidated |
| Asian Paints Ltd. | 38.25 | 38.25 | 201.84 | 62.64 | 19.16 | 0.00 | Consolidated |
| Berger Paints India Ltd. | 10.13 | 10.12 | 52.78 | 55.77 | 19.22 | 0.00 | Consolidated |
| Indigo Paints Limited | 29.76 | 29.68 | 216.35 | 40.32 | 13.79 | 0.00 | Consolidated |
Quick Info
| Sector | Wood/Fibre/Others |
| Exchange | BSE, NSE |
| Market Cap (Pre-IPO) | ₹2,524.34 Cr |
| GMP | 0.00 |
Important Dates
| IPO Open | Sep 16, 2025 |
| IPO Close | Sep 18, 2025 |
| Allotment Date | Sep 19, 2025 |
| Credit to Demat | Sep 22, 2025 |
| Listing Date | Tentative: Sep 23, 2025 |
Lead Manager(s)
Axis Capital Ltd.
Registrar
Description
- Euro Pratik Sales Ltd. IPO is a book build issue of ₹451.31 crores. The issue is entirely an offer for sale of 1.83 crore shares of ₹451.31 crore.
- Euro Pratik Sales IPO bidding started from Sep 16, 2025 and ended on Sep 18, 2025. The allotment for Euro Pratik Sales IPO was finalized on Sep 19, 2025. The shares got listed on BSE, NSE on Sep 23, 2025.
- Euro Pratik Sales IPO price band is set at ₹247.00 per share . The lot size for an application is 60. The minimum amount of investment required by an retail is ₹14,820 (60 shares) (based on upper price). The lot size investment for sNII is 14 lots (840 shares), amounting to ₹2,07,480, and for bNII, it is 68 lots (4,080 shares), amounting to ₹10,07,760.
- The issue includes a reservation of up to 59,827 shares for employees offered at a discount of ₹13.00 to the issue price.