Euro Pratik Sales Share Price: Strong Stock Market Debut Today

Market Performance

Euro Pratik Sales share price made its first appearance in the stock market today, September 23, and it caught investor attention right from the opening bell.

• On NSE: The stock listed at ₹272.10 apiece, which is a 10.16% premium over its issue price of ₹247.
• On BSE: The debut was even stronger, opening at ₹273.45, up 10.71% from the issue price.

This strong listing reflects healthy investor demand and sets the tone for the company’s journey on the bourses.

IPO Journey and Listing Details

The Euro Pratik Sales IPO, which closed last week, drew solid participation from all investor categories.

• IPO Timeline:
  • Opened: September 16
  • Closed: September 18
  • Allotment: September 19
  • Listing: September 23
• Issue Size: ₹451.39 crore (entirely Offer for Sale)
• Shares Offered: 1.83 crore shares
• Lot Size: 60 shares (minimum investment ₹14,820 at the upper band)
• Employee Quota: 59,827 shares at a ₹13 discount per share

Notably, since the issue was a complete Offer for Sale (OFS), the proceeds went to the selling shareholders, with no fresh funds raised for the company.

Subscription Highlights

Investor interest was visible across all categories, with the issue being 1.41 times subscribed overall.

• Retail Investors: 1.31 times
• Non-Institutional Investors (NIIs): 2.02 times
• Qualified Institutional Buyers (QIBs): 1.10 times
• Employee Quota: Oversubscribed 4.09 times

Ahead of the IPO launch, Euro Pratik Sales also raised ₹134.97 crore from anchor investors on September 15, which further strengthened confidence in the issue.

Company Profile: Euro Pratik Sales Limited

Founded in 2010, Euro Pratik Sales Limited has carved a niche for itself in the decorative wall panel and laminates segment. The company primarily focuses on selling and marketing premium decorative solutions for modern architectural needs.

Over the years, Euro Pratik Sales has built a reputation for innovative designs and distinctive product offerings. Some of its standout creations include Louvres, Chisel, and Auris, which have become popular choices among architects and interior designers.

In the past seven years, the company has significantly expanded its product portfolio, strengthening its footprint in both residential and commercial spaces. Its emphasis on premium decorative solutions has allowed it to capture a strong market presence in the competitive wall panel and laminates industry.

Summary

Euro Pratik Sales share price entered the stock market with a double-digit premium, reflecting investor confidence and strong demand during its IPO. With a robust product lineup, steady business growth, and a successful listing, the company has set the stage for its next phase of expansion.