- Price band
- To be announcedNot in this filing
- Issue size
- ₹451.32 Cr
- Face value
- ₹1per equity share
- Lot size
- To be announcedMin. investment shown once set
- Anchor biddingMon, 2025
- OpensTue, 2025
- ClosesThu, 2025
- AllotmentMon, 2025Refunds and Demat credit same day
- ListingTue, 2025
Dates marked in the offer document as tentative. Times in IST.
Information only, not investment advice. This page provides information compiled from official offer documents for information purposes only. It is not investment advice or a recommendation to apply for, buy or sell any security. We are not a SEBI-registered investment adviser or research analyst. Investments in IPOs are subject to market risks; read the offer document carefully before investing.
Issue details
- Issue type
- Book built, fresh issue
- Fresh issue
- 0 shares
- Offer for sale
- None
- Total issue
- —
- Face value
- ₹1
- Listing at
- NSE, BSE
- RHP date
- 5 Sept 2025
Source: Red Herring Prospectus dated 5 Sept 2025Updated
Reservation
| Category | Shares | Of net offer | Stated in RHP |
|---|---|---|---|
| Employees | — | — | — |
Source: Red Herring Prospectus dated 5 Sept 2025Updated
Subscription
Category-wise subscription is published by the exchanges while the issue is open. It appears here once the figures are added.
Valuation
FY 2024-25, pre-issue- EPS (basic)
- ₹7.53
- EPS (diluted)
- ₹7.53
- RoNW
- 32.60%
- NAV per share (As at March 31, 2025)
- ₹22.94
- Debt to equity
- 0.01
- EBITDA margin
- 38.74%
P/E and market cap are calculated once the price band is announced.
Source: Red Herring Prospectus dated 5 Sept 2025Updated
Financials
Consolidated, restated · ₹ crore| Period ended | 31 Mar 2025FY 2024-25 | 31 Mar 2024FY 2023-24 |
|---|---|---|
| Revenue from operations | 284.23 | 221.70 |
| Total income | 291.52 | 230.11 |
| EBITDA | 110.10 | 89.00 |
| Profit after tax | 76.44 | 62.91 |
| Net worth | 234.49 | 155.73 |
| Reserves and surplus | 223.88 | 153.75 |
| Total assets | 273.84 | 174.49 |
| Total borrowing | 2.68 | 0.00 |
FY 2024-25 vs FY 2023-24: revenue +28.2%, profit after tax +21.5%.
Source: Red Herring Prospectus dated 5 Sept 2025Updated
About the company
The company sells and markets decorative wall panels and decorative laminates, outsourcing manufacturing to contract manufacturers and distributing through a multi-state distributor network. It also operates through subsidiaries and acquired several related-party businesses in Fiscal 2025.
- Incorporated
- 2010
- Industry
- Decorative Wall Panels and Laminates
- Sector
- Building Materials
- CIN
- U74110MH2010PLC199072
- Website
- europratik.com
Source: Red Herring Prospectus dated 5 Sept 2025Updated
Promoters and shareholders
| Name | Before issue | After issue |
|---|---|---|
| Pratik Gunwantraj Singhvi HUF | 28.70% | — |
| Jai Gunwantraj Singhvi HUF | 28.70% | — |
| Dipty Pratik Singhvi | 7.49% | — |
| Nisha Jai Singhvi | 7.49% | — |
| Pratik Gunvantraj Singhvi | 5.17% | — |
| Jai Gunvantraj Singhvi | 5.10% | — |
Source: Red Herring Prospectus dated 5 Sept 2025Updated
Objects of the issue
₹ crore| Purpose | Amount |
|---|---|
| Offer for sale of equity shares by the selling shareholders; company receives no proceeds | 451.32 |
Source: Red Herring Prospectus dated 5 Sept 2025Updated
Peer comparison
As listed in the offer document| Company | EPS | P/E | RoNW | NAV per share |
|---|---|---|---|---|
| Euro Pratik Sales LimitedIssuer | ₹7.53 | — | 32.65% | ₹22.91 |
| 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 |
Source: Red Herring Prospectus dated 5 Sept 2025Updated
Strengths and risks
Our summary of what the offer document statesStrengths
- Claims a leading position among organized decorative wall panel brands in India by revenue share.
- Asset-light model relying on contract manufacturers and long-term global partnerships.
- Broad product range with many designs and a pan-India distributor network.
- Low leverage with total borrowings small relative to equity.
Risks
- A fire at the largest warehouse in April 2025 destroyed inventory, with insurance claims not yet received.
- Heavy dependence on one South Korean contract manufacturer for a large share of purchases.
- Significant foreign currency purchases with no hedging arrangements.
- Large share of revenue from related-party transactions and recent acquisitions from related parties.
- Offer is entirely an offer for sale, so the company receives no proceeds.
Source: Red Herring Prospectus dated 5 Sept 2025Updated
Contacts
Source: Red Herring Prospectus dated 5 Sept 2025Updated
Allotment status
Check whether shares were allotted on the official pages below, using your PAN, application number or DP/client ID. Results appear once the basis of allotment is finalised.
- Allotment
- Refunds
- Demat credit
- Listing
Source: Red Herring Prospectus dated 5 Sept 2025Updated
After listing
Listing price, day-one high and low, and the change from the issue price (set at allotment) appear here after the shares list on NSE and BSE.
Frequently asked questions
When does the Euro Pratik Sales IPO open and close?
According to the Red Herring Prospectus, the issue opens on Tuesday, 16 September 2025 and closes on Thursday, 18 September 2025. These dates are tentative.
What is the Euro Pratik Sales IPO price band?
The Red Herring Prospectus does not include a price band. The company announces it by advertisement before the issue opens, and this page is updated when it is filed.
Where will Euro Pratik Sales shares list?
On NSE and BSE. The tentative listing date is Tuesday, 23 September 2025.
Who is the registrar of the issue?
MUFG Intime India Private Limited (SEBI registration INR000004058). Allotment status is checked on the registrar's website.
How do I check the Euro Pratik Sales IPO allotment status?
The basis of allotment is expected to be finalised on Monday, 22 September 2025. After that, search by PAN, application number or DP/client ID on the registrar's website (MUFG Intime India Private Limited), the NSE website or the BSE website. Shares that are allotted are credited to your demat account; for an application that is not allotted, the blocked amount is released.
How will the money raised be used?
₹451.32 Cr for offer for sale of equity shares by the selling shareholders; company receives no proceeds.
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