Euro Pratik Sales IPO is scheduled to open on September 16, 2025, and will close on September 18, 2025. The book-built issue aims to raise around ₹451.31 crores, entirely through an offer for sale of approximately 1.83 crore equity shares with a face value of ₹1 each.
The Euro Pratik Sales IPO price band is fixed at ₹235 to ₹247 per share with a lot size of 60 shares. For retail investors, the minimum application amount at the upper price band is ₹14,820. The quota distribution is set at 50% for QIB, 15% for HNI, and 35% for retail investors. The IPO allotment is expected to be finalized on September 19, 2025, and the Euro Pratik Sales IPO shares are scheduled to list on both BSE and NSE on September 23, 2025.
Financially, Euro Pratik Sales reported revenue of ₹291.52 crores in 2025 compared to ₹230.11 crores in 2024, while net profit stood at ₹76.44 crores in 2025 against ₹62.91 crores in 2024. Based on the consistent growth in revenue and profit, analysts suggest that investors may consider applying for the Euro Pratik Sales IPO with a long-term perspective.
Overview of Contents
About Euro Pratik Sales IPO
Euro Pratik Sales Limited, incorporated in 2010, is engaged in the business of selling and marketing decorative wall panels and laminates. The company is known for creating modern and stylish wall designs that match today’s architectural trends and has launched innovative products like Louvres, Chisel, and Auris. With Bollywood actor Hrithik Roshan as its brand ambassador, Euro Pratik has built strong popularity in the Indian market. The company operates a wide distribution network across 116 cities in India, covering metros as well as Tier-II and Tier-III locations, and manages 180 distributors across 25 states and five union territories. Along with its domestic presence, the company also exports to six international markets including Singapore, UAE, and Australia, with plans for further expansion.
Over the years, Euro Pratik has developed a diverse product portfolio with more than 30 product categories and over 3,000 designs as of March 2025. Its decorative wall panels are durable, easy to install, and provide benefits like insulation and soundproofing, while its decorative laminates are widely used in furniture, cabinets, countertops, and wall coverings due to their durability and stylish finishes. The company positions itself as an eco-friendly brand, offering products that are antibacterial, antifungal, and made from recycled materials.
Financially, the company has shown strong growth with EBITDA rising from ₹621.63 million in FY 2022 to ₹836.34 million in FY 2023 and further to ₹890.02 million in FY 2024. For FY 2025, the company reported revenue of ₹291.52 crores compared to ₹230.11 crores in FY 2024, while profit increased to ₹76.44 crores in FY 2025 from ₹62.91 crores in FY 2024. Strong financials, experienced promoters, and a wide market presence highlight the company’s strengths and make Euro Pratik Sales Limited one of the leading players in the decorative wall panel and laminate industry in India.
Euro Pratik Sales IPO Overview
| Particulars | Information |
|---|---|
| IPO Opening Date | September 16, 2025 |
| IPO Closing Date | September 18, 2025 |
| Listing on | NSE, BSE |
| Tentative Listing Date | September 23, 2025 |
| Price Range | ₹235 – ₹247 per share |
| Face Value of Share | ₹1 each |
| Minimum Lot Size | 60 shares |
| Minimum Investment (Retail) | ₹14,820 (at upper band) |
| Employee Discount | ₹13 per share |
| Total Issue Size | 1,82,71,862 equity shares (worth about ₹451.31 Cr) |
| Type of Issue | Book Built Issue (OFS only) |
| Offer for Sale (OFS) | Entire issue is offer for sale of 1.83 crore shares |
| Retail Quota | 35% |
| QIB Quota | 50% |
| HNI Quota | 15% |
| Pre-Issue Shareholding | 10.22 crore shares |
| Post-Issue Shareholding | 10.22 crore shares (no fresh issue) |
Euro Pratik Sales IPO Propsectus
| DRHP | Click here |
| RHP | Click here |
Euro Pratik IPO GMP
- To Be Updated
Euro Pratik Sales IPO Dates
| Event | Date & Day |
|---|---|
| IPO Opens | September 16, 2025 – Tuesday |
| IPO Closes | September 18, 2025 – Thursday |
| Bidding Cut-off Time | September 18, 2025 – Thursday, 5:00 PM |
| Basis of Allotment | September 19, 2025 – Friday |
| Refund Initiation | September 22, 2025 – Monday |
| Shares Credit to Demat | September 22, 2025 – Monday |
| IPO Listing Date | September 23, 2025 – Tuesday |
Euro Pratik Sales IPO Lot Size
| Investor Type | Lots | Shares | Investment (₹) |
|---|---|---|---|
| Retail (Min.) | 1 | 60 | 14,820 |
| Retail (Max.) | 13 | 780 | 1,92,660 |
| Small HNI (Min.) | 14 | 840 | 2,07,480 |
| Big HNI (Min.) | 68 | 4,080 | 10,07,760 |
| Small HNI (Max.) | 67 | 4,020 | 9,92,940 |
e Pratik Sales IPO Promoter Holding
The promoters of Euro Pratik Sales Limited are Pratik Gunvantraj Singhvi, Jai Gunvantraj Singhvi, Pratik Gunwantraj Singhvi HUF, and Jai Gunwantraj Singhvi HUF. Before the IPO, the promoters collectively held 87.97% of the company’s shares. After the IPO, their holding will reduce to around 70.1%, reflecting dilution due to the offer for sale.
Euro Pratik Sales IPO – Application Limits
| Category | Maximum Limit & Cut-off Rule |
|---|---|
| Retail (RII) | Can apply up to ₹2 Lakhs. Cut-off price bidding is allowed. |
| Small HNI (sNII) | Investment above ₹2 Lakhs and up to ₹10 Lakhs. Cut-off not allowed. |
| Big HNI (bNII) | More than ₹10 Lakhs, within NII portion. Cut-off not allowed. |
| Employees | Eligible for cut-off price. Discount of ₹13 per share applicable. |
| Employee + RII/NII | If applying as Retail, limit up to ₹2 Lakhs. If applying as HNI, then sNII (₹2–10 Lakhs) and bNII (>₹10 Lakhs). Cut-off allowed for employee + retail combo. |
Euro Pratik Sales IPO – Peer Company Comparison
| Company Name | EPS (₹) | P/E Ratio | RoNW (%) | NAV (₹) | Total Income (₹ Cr) |
|---|---|---|---|---|---|
| Greenlam Industries Limited | 2.68 | 87.54 | 6.07 | 44.17 | – |
| Asian Paints Limited | 38.25 | 62.64 | 19.16 | 201.84 | – |
| Berger Paints India Limited | 10.13 | 55.77 | 19.22 | 52.78 | – |
| Indigo Paints Limited | 29.76 | 40.32 | 13.79 | 216.35 | – |
Euro Pratik Sales IPO Financial Performance
| Particulars | FY 2025 (Mar 31) | FY 2024 (Mar 31) | FY 2023 (Mar 31) |
|---|---|---|---|
| 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 & Surplus | 223.88 | 153.75 | 129.51 |
| Total Assets | 273.84 | 174.49 | 159.12 |
| Total Borrowings | 2.68 | 3.00 | – |
Euro Pratik Sales IPO Valuation – FY 2025
| Key Parameter | Value |
|---|---|
| EBITDA Margin | 38.74% |
| Profit After Tax (PAT) Margin | 26.08% |
| Return on Capital Employed (ROCE) | 44.58% |
| Return on Equity (ROE) | 39.18% |
| Return on Net Worth (RoNW) | 32.60% |
| Debt to Equity Ratio | 0.01 |
| Earnings Per Share (EPS) | ₹7.53 (Basic) |
| Net Asset Value (NAV) | ₹22.94 |
| Price/Earnings (P/E) Ratio | N/A |
Euro Pratik Sales IPO Review
- To Be Updated
IPO Lead Managers aka Merchant Bankers
- Axis Capital Ltd.
- Dam Capital Advisors Ltd.
Company Address
- Euro Pratik Sales Ltd.
- 601-602, 6th floor, Peninsula Heights,
- C.D. Barfiwala Lane,
- Andheri (West),
- Mumbai, Maharashtra, 400058
- Phone: +91 22 2624 4574
- Email: cs@europratik.com
- Website: http://www.europratik.com/
IPO Registrar
- MUFG Intime India Pvt.Ltd.
- Phone: +91-22-4918 6270
- Email: europratik.ipo@linkintime.co.in
- Website: https://in.mpms.mufg.com/
Euro Pratik IPO FAQs
When does the Euro Pratik Sales IPO open and close?
The IPO opens on September 16, 2025 (Tuesday) and closes on September 18, 2025 (Thursday).
What is the price band for the IPO?
The IPO price band is set at ₹235 to ₹247 per share.
What is the lot size for applying in the IPO?
The minimum lot size is 60 shares, and the minimum investment for retail investors is ₹14,820 at the upper price band.
How much is the total issue size?
The total IPO size is approximately ₹451.31 crores, entirely through an Offer for Sale (OFS) of 1.83 crore shares.
When will refunds and shares credit happen?
Refunds and credit to demat accounts will be on September 22, 2025 (Monday).
When will the shares list on BSE and NSE?
The tentative listing date is September 23, 2025 (Tuesday).
Who are the promoters of Euro Pratik Sales?
The promoters are Pratik Gunvantraj Singhvi, Jai Gunvantraj Singhvi, Pratik Gunwantraj Singhvi HUF, and Jai Gunwantraj Singhvi HUF. Promoter holding is 87.97% pre-IPO and 70.1% post-IPO. IPO Lead