Euro Pratik Sales Share Price Jumps 10% on Market Debut; Investors Gain ₹16,000 per Lot
- 23rd September 2025
- 01:00 PM
- 3 min read
Summary
Euro Pratik Sales share price made a strong debut on September 23, listing at ₹272.10 on NSE, a 10.16% premium over its IPO price of ₹247. The ₹451.39-crore public issue, an Offer for Sale (OFS) of 1.83 crore shares with no fresh issue, was priced in the ₹235–₹247 band and subscribed 1.41 times. The IPO saw healthy participation from retail and non-institutional investors. Founded in 2010, Euro Pratik Sales specialises in premium decorative wall panels and laminates.Mumbai | September 23
Shares of Euro Pratik Sales Limited made a solid entry into the stock market today, rewarding investors with strong listing gains. The stock opened at ₹272.10 apiece on the National Stock Exchange (NSE), reflecting a 10.16% premium to the IPO price of ₹247. On the Bombay Stock Exchange (BSE), it debuted at ₹273.45, up 10.71%. The debut exceeded market expectations and outperformed grey market premium (GMP) trends, which had suggested only a 4% gain.
Euro Pratik Sales IPO Details
-Issue Size: ₹451.39 crore (entirely Offer for Sale)
– Shares Offered: 1.83 crore equity shares
– Price Band: ₹235–₹247 per share
– Lot Size: 60 shares (₹14,820 at upper band)
– Registrar: MUFG Intime India Pvt. Ltd.
– Lead Manager: Axis Capital Ltd.
The IPO was a pure OFS, meaning the company did not raise fresh funds. Promoters including Jai Gunvantraj Singhvi, Pratik Gunvantraj Singhvi, Dipty Pratik Singhvi, and Nisha Jai Singhvi sold part of their stakes. A block of 59,827 shares was reserved for employees, offered at a discount of ₹13 per share.
Euro Pratik Sales IPO Subscription Status
The IPO, open from September 16–18, received bids 1.41 times the shares on offer. Retail investors subscribed 1.22 times their quota, while non-institutional investors (NIIs) subscribed 1.92 times. Qualified Institutional Buyers (QIBs) saw a modest subscription of 1.05 times, but the employee quota was the highlight, oversubscribed 4.09 times.
Ahead of the issue, the company raised ₹134.97 crore from anchor investors such as Motilal Oswal MF, ITI MF, 360 One, Alchemy Capital, PineBridge Investments, and Ashish Kacholia-backed Bengal Finance & Investment.
Listing Gains for Investors
At the NSE listing price of ₹272.10, investors who secured allotment made profits of ₹16,326 per lot (60 shares). This is a gain of more than 10%, significantly higher than grey market estimates which had indicated a premium of only ₹10 per share.
About the company
Founded in 2010, Euro Pratik Sales is a leading player in the decorative wall panel and laminates segment, with a market share of nearly 15.87% in the organised category. The company sells products under the flagship brands ‘Euro Pratik’ and ‘Gloirio’, offering over 30 categories and 3,000+ designs. Known for introducing innovative designs like Louvres, Chisel, and Auris, the company has built a strong presence in residential and commercial interior markets.
Outlook
Euro Pratik Sales has delivered a strong listing, rewarding IPO investors with gains above expectations. Robust employee subscription, anchor participation, and a double-digit debut premium reflect investor confidence. Going ahead, the company’s ability to maintain growth momentum will depend on innovation and expanding its presence in India’s premium decorative interiors industry.
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