
Euro Pratik Sales IPO Allotment LIVE Updates: The initial public offering (IPO) of Euro Pratik Sales Ltd, a key player in the decorative wall panel sector, was subscribed 1.34 times on the final day of bidding, Thursday.
According to data available with the NSE, the three-day IPO received bids for 1,79,78,280 shares against the 1,34,64,781 shares on offer.
The non-institutional investors' quota saw a subscription of 1.92 times, while the Retail Individual Investors (RIIs) portion was subscribed 1.23 times. The Qualified Institutional Buyers (QIBs) segment recorded a 1.05 times subscription.
Now, the investor's focus is shifting to the allotment status, which is expected to be finalised today.
The Grey Market Premium (GMP) for the Euro Pratik Sales IPO stands at ₹1.
With an IPO price band of ₹247, the estimated listing price is around ₹248. Based on this, the expected gain per share is ₹1, translating to a modest 0.40% return over the issue price.
This suggests a muted listing is anticipated, with only a slight premium in the grey market.
The company is materially dependent on its largest contract manufacturer for the production of its products. In Fiscals 2025, 2024, and 2023, purchases from the top contract manufacturer accounted for 24.03%, 70.56%, and 56.18%, respectively, of the company’s total procurement. A loss of this key manufacturing partner could have a material adverse impact on the company’s business operations, financial performance, and overall financial condition.
Pratik Gunvantraj Singhvi, Jai Gunvantraj Singhvi, Pratik Gunwantraj Singhvi HUF and Jai Gunwantraj Singhvi HUF are the promoters of the company.
The Decorative Wall Panels and Decorative Laminates industries in India were valued at ₹28,411.71 million and ₹102,051.04 million, respectively, in Fiscal 2025, according to the Technopak Report. These sectors are expected to witness continued growth, fueled by key factors such as rising disposable incomes, rapid urbanisation, and an increasing preference for premium, durable, and aesthetically appealing interior products.
As of March 31, 2025, the company offered a diverse portfolio of over 30 product categories and more than 3,000 designs. As a product innovator in India’s Decorative Wall Panels and Decorative Laminates segments, particularly under the Louvers, Chisel, and Auris ranges, the company has introduced first-to-market products by closely tracking and responding to evolving consumer preferences and industry trends (Source: Technopak Report).
Over the past seven years, the company has consistently expanded its offerings by leveraging its flagship brands, “Euro Pratik” and “Gloirio.” Through continuous diversification and innovation, the company strives to remain at the forefront of market trends and technological advancements in the decorative surfaces industry.
The company has established itself as one of the largest organized wall panel brands in India, holding a market share of 15.87% by revenue in the organized Decorative Wall Panels industry, according to the Technopak Report. During Fiscal 2023, the company recorded a total revenue of ₹1,742.89 million from the sale of decorative wall panels.
• One of India’s leading and largest organised wall panel brands in the organised Decorative Wall Panel industry
• Comprehensive product portfolio across various categories
• Staying ahead of market trends with our merchandising capabilities and a key focus on product novelty and new designs
• Asset-light business model with global long-term partnerships
• Pan-India presence with a well-established distribution network
• Experienced Promoters and management team
• Proven track record of robust financial performance and low leverage levels
The company will not receive any proceeds from the offer. All offer proceeds, after deducting offer-related expenses and applicable taxes, will be received by the Selling Shareholders, who will also bear the associated costs and taxes.
Apart from the exchanges, you can also check allotment status on registrar's website by using these easy steps:
1. Visit IPO registrar website on this link - https://in.mpms.mufg.com/Initial_Offer/public-issues.html
2. Choose ‘Euro Pratik Sales Limited’ in the Select Company dropdown menu
3. Select among PAN, App. No., DP ID or Account No.
4. Enter the details as per the option selected
5. Click on Search
Your Euro Pratik Sales IPO allotment status will be displayed on the screen.
1. Visit NSE allotment status page on its website here - https://www.nseindia.com/invest/check-trades-bids-verify-ipo-bids
2. Select ‘Equity and SME IPO bids’
3. Choose ‘Euro Pratik Sales Limited’ from the Issue Name dropdown menu
4. Enter your PAN and Application Number
5. Click on Submit.
Your Euro Pratik Sales IPO allotment status will be displayed on the screen.
1. Visit the BSE website at: https://www.bseindia.com/investors/appli_check.aspx
2. Select ‘Equity’ under Issue Type
3. Choose ‘Euro Pratik Sales Limited’ from the Issue Name dropdown
4. Enter your Application Number or PAN
5. Tick ‘I am not a robot’ and click on ‘Search’
Your Euro Pratik Sales IPO allotment status will then be displayed on the screen.
Euro Pratik Sales IPO's latest grey market premium (GMP) is ₹1. With an issue price of ₹247, the estimated listing price is ₹248. This suggests a potential gain of 0.40% per share.
The initial public offer of Euro Pratik Sales Ltd, a prominent player in the decorative wall panel industry, received 1.34 times subscription on the closing day of bidding on Thursday.
The three-day IPO got bids for 1,79,78,280 shares against 1,34,64,781 shares on offer, according to details available with the NSE.
The quota meant for non-institutional investors got subscribed 1.92 times while the portion for Retail Individual Investors (RIIs) received 1.23 times subscription. Qualified Institutional Buyers (QIBs) category got subscribed 1.05 times.