About Euro Pratik Sales:
The company operates in the decorative wall panel and decorative laminates industry as a seller and marketer of decorative wall panels and laminates. According to the Technopak Report, it is one of India’s leading decorative wall panel brands and among the largest organized players in the sector, holding a 15.87% market share by revenue in the organized decorative wall panels industry. The company’s total revenue from decorative wall panels during Fiscal 2023 was ₹1,742.89 million.
About the Industry in which Euro Pratik Sales operates:
The Decorative Wall Panels and Decorative Laminates industries are valued at ₹28,411.71 million and ₹102,051.04 million, respectively, in Fiscal 2025, and are expected to grow further. This growth is attributed to factors such as rising disposable incomes of individuals and families, urbanization, and a growing preference for premium and durable products (Source: Technopak Report). For additional information on the industries in which the company operates, refer to “Industry Overview” on page 120, including details on the projected growth trends for both sectors.
| Important Information and Timelines of the IPO of Euro Pratik Sales: | |
|---|---|
| Open Date | 16 September 2025 |
| Close Date | 18 September 2025 |
| Total Issue Size – Number of Shares | 5464554 |
| Minimum Bid Price | 237 |
| Maximum Bid Price | 247 |
| Lot Size | 60 |
| Basis of Allotment | 19 September 2025 |
| Initiation of Refunds and Credit of Shares to Demat | 22 September 2025 |
| Listing Date | 23 September 2025 |
| Listing Exchange(s) | NSE and BSE |
Minimum and Maximum Lot Sizes for the IPO of Euro Pratik Sales:
| Category | Lots | Shares | Amount (in ₹) |
|---|---|---|---|
| Retail – Minimum | 1 | 60 | 14820 |
| Retail – Maximum | 13 | 780 | 192660 |
| sHNI – Minimum | 14 | 840 | 207480 |
| sHNI – Maximum | 67 | 4020 | 992940 |
| bHNI – Minimum | 68 | 4080 | 1007760 |
Objective of the IPO of Euro Pratik Sales:
The objectives of the Offer are:
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The company will not receive any proceeds from the Offer. The Selling Shareholders will be entitled to the entire proceeds from the Offer after deducting their portion of the Offer expenses and applicable taxes.
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To conduct the Offer for Sale of equity shares with a face value of ₹1 each by the Selling Shareholders, aggregating up to ₹4,513.15 million.
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To achieve the benefits of listing the Equity Shares on the Stock Exchanges.
Financials of Euro Pratik Sales:
| Particulars | March 31, 2025 | March 31, 2024 | March 31, 2023 |
|---|---|---|---|
| Equity share capital (₹ million) | 102.20 | 19.83 | 5.06 |
| Net worth (₹ million) | 2,344.91 | 1,557.33 | 1,300.18 |
| Total revenue from operations (₹ million) | 2,842.27 | 2,216.98 | 2,635.84 |
| Restated profit for the year/period (₹ million) | 764.40 | 629.07 | 595.65 |
| Earnings per equity share – Basic (₹/share) | 7.53 | 6.19 | 5.85 |
| Earnings per equity share – Diluted (₹/share) | 7.53 | 6.19 | 5.85 |
| Net asset value per equity share (₹) | 22.94 | 785.34 | 2,158.58 |
| Total borrowings (₹ million) | 26.82 | - | 30.00 |
For more details on the IPO, refer to the DRHP here.
Did you know that you can now Pre-Apply for an IPO on Dhan? You can place your IPO Bid on Dhan and the order will be pushed to the Exchange as soon as the Bidding starts for Euro Pratik Sales. You will receive a UPI mandate after 10:00 AM on 16 September 2025.
###1. How to apply for the IPO of Euro Pratik Sales on Dhan?
You can apply for the IPO of Euro Pratik Sales from either Dhan Mobile App or Web
On Dhan Mobile App you can find the IPO under the Money Section > IPO Tab
On Dhan Web you can find the IPO under Markets Tab > IPOs
###2. In case of successful allotment, when the IPO shares of Euro Pratik Sales be visible on Dhan?
The CDSL will intimate you regarding the credit of shares into your Demat account by 22 September 2025. However, you will be able to see the shares of Euro Pratik Sales on Dhan before the market starts on the listing date which is 23 September 2025.