Euro Pratik Sales IPO Opens for Subscription at ₹235-247 Price Band

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2025-09-16 10:23:02

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Euro Pratik Sales Ltd, a decorative wall panel manufacturer, launched its ₹451.32-crore IPO today after securing ₹135 crore from anchor investors. The offer, entirely an OFS by promoters, prices shares between ₹235-247 apiece with a minimum lot size of 60 shares.

Anchor allocations drew participation from institutional heavyweights including 360 One Group, Motilal Oswal MF, and PineBridge Investments. The issue allocates 50% to QIBs, 35% to retail investors, and 15% to NIIs, closing on September 18, 2025.

Axis Capital and DAM Capital Advisors lead the book-building process for the BSE/NSE listing slated for September 23. The asset-light company outsources manufacturing while focusing on design and distribution.

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