Euro Pratik Sales Limited’ Initial Public Offering to open on Tuesday, September 16, 2025, price band set at ₹235/- to ₹247/- per Equity Share
Mumbai, September 10, 2025: Euro Pratik Sales Limited has fixed the price band of ₹235 /- to ₹247/- per Equity Share of face value ₹1/- each for its initial public offering.
The Initial Public Offering (“IPO” or “Offer”) of the Company will open on Tuesday, September 16, 2025, for subscription and close on Thursday, September 18, 2025. Investors can bid for a minimum of 60 Equity Shares and in multiples of 60 Equity Shares thereafter.
The IPO is entirely an offer for sale of up to ₹ 451.32 crore by Promoter and Promoter Group Selling Shareholders. It includes a reservation for eligible employees applying in the employee reservation portion.
Euro Pratik Sales Limited was incorporated on January 19, 2010, Mumbai headquartered company operates on an asset-light business model, with a strong focus on product design and development. As at March 31, 2025, with a portfolio of over 3,000 designs spanning over 30 product varieties (Source: Technopak Report) and 113 catalogues (involving a combination of products and designs) launched in last four years, Euro Pratik functions as a fast-fashion brand within the industry. The company’s products are distributed through a well-established and extensive network across 116 cities in India, as at March 31, 2025.
To aid its marketing efforts, it has partnered with renowned celebrities Hrithik Roshan and Kareena Kapoor Khan as brand ambassadors for its “Euro Pratik” and “Gloirio” brands, respectively.
According to the Technopak Report, the Company provides durable and eco-friendly alternatives to traditional wall decor like wallpaper products and premium wall paints. As at March 31, 2025, its distribution network spans 116 cities in India, with 180 distributors operating across 25 states and five union territories in India, according to the Technopak Report.
Euro Pratik Sales Limited revenue from operations increased by 28.20% to ₹ 284.23 crore for Fiscal 2025 from ₹ 221.70 crore for Fiscal 2024. Profit after tax increased by 21.51% to ₹ 76.44 crore for Fiscal 2025 from ₹ 62.91 crore for Fiscal 2024.
The Offer is being made through the book-building process, wherein not more than 50% of the net offer is allocated to qualified institutional buyers, and not less than 15% and 35% of the net offer is assigned to non-institutional and retail individual bidders respectively.
Axis Capital Limited, and DAM Capital Advisors Limited are the book-running lead managers and MUFG Intime India Private Limited (Formerly Link Intime India Private Limited) is the registrar of the Offer.
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