Euro Pratik Sales' IPO, valued at ₹451.32 crore, saw 23% subscription on its first day. NIIs bid for 44% and retail investors for 22%, while the QIB portion received 8% subscription. The company raised ₹135 crore from anchor investors, and its shares will be listed on BSE and NSE on September 23.
Euro Pratik Sales IPO: Euro Pratik Sales, a manufacturer of decorative wall panels, opened its ₹451.32 crore Offer for Sale (OFS) based IPO on September 16, 2025, which was 23% subscribed on the first day. According to NSE data, bids were received for 31.25 lakh shares against 1.34 crore shares. Non-Institutional Investors (NIIs) and Retail Investors showed the most interest. The price band for this IPO has been set at ₹235-₹247 per share, and its subscription will remain open until September 18.
Subscription received in each category
According to National Stock Exchange data, Non-Institutional Investors (NIIs) showed the highest interest, with their portion receiving 44% subscription. Retail Investors (RIIs) also showed enthusiasm, with their portion being 22% subscribed. Meanwhile, the portion for Qualified Institutional Buyers (QIBs) was only 8% subscribed on the first day.
Just before the public issue opened, the company had raised ₹135 crore from anchor investors, further boosting market confidence in the company.
Issue size and price band
This IPO by Euro Pratik Sales is entirely an Offer for Sale (OFS). The company is not issuing any new shares. Through this issue, the promoters will raise a total of ₹451.32 crore. The price band has been fixed between ₹235 and ₹247 per share.
Company's Business Model and Products
Euro Pratik Sales is a leading company in the country's decorative wall panel industry. It offers products for residential and commercial use under its flagship brands 'Euro Pratik' and 'Gloirio'.
The company operates on an 'asset-light model'. This means the company does not manufacture itself but gets its production done by contract partners in South Korea, China, and the USA. This way, the company saves significant expenditure on production and focuses directly on design, quality, and marketing.
Complete timeline for allotment and listing
The allotment of the company's shares is expected to be finalized on Friday, September 19. Following this, the refund process for investors who do not receive shares will commence on Monday, September 22. On the same day, shares will be credited to the demat accounts of investors who are allotted shares.
The listing of the company's shares is anticipated on Tuesday, September 23, on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE). Market experts are keenly watching this listing, as the b response on the first day has already made it a topic of discussion.
Increased enthusiasm in the market regarding the IPO
Market experts believe that Euro Pratik Sales' b foothold and brand recognition in the decorative wall panel industry have attracted investors. The rapid pace shown by Non-Institutional and Retail Investors on the first day, in particular, could provide further robust support to this IPO in the coming days.
The company is already an established name in this sector, and the demand for its products is consistently growing. This is why investors have shown faith in this issue right from the first day.
