Euro Pratik Sales’ IPO Enters Final Day with 75% Subscription
Euro Pratik Sales Ltd’s initial public offering (IPO) enters its final day of bidding with 75% subscription as of 10:15 AM on September 18, 2025. Bids for 1.01 crore shares have been placed against the 1.34 crore shares on offer.
Non-institutional investors (NIIs) lead with 1.23 times subscription, followed by retail individual investors (RIIs) at 71%. The qualified institutional buyer (QIB) segment lags at 26%, while the employee portion is oversubscribed at 2.25 times.
The company raised ₹135 crore from anchor investors, including 360 One Group, Motilal Oswal Mutual Fund, and Alchemy Capital Management, at ₹247 per share. The ₹451.32 crore public issue is entirely an offer-for-sale by promoters, with a price band of ₹235-247 per share.
Axis Capital and DAM Capital Advisors are managing the offering, with listings planned on both NSE and BSE.