Euro Pratik Sales Limited operates in the decorative wall panel and laminates industry, specializing in the sale and marketing of innovative interior solutions. The company has built a strong brand presence through differentiated designs, aligning with modern architectural and interior design trends. Its recognition for innovative products like Louvres, Chisel, and Auris highlights its leadership in product innovation.
Over the last seven years, Euro Pratik has expanded into a diverse product portfolio covering both residential and commercial applications. As of March 31, 2025, the company offers 30+ product categories and more than 3,000 unique designs, positioning itself as a fast-fashion brand in the decorative wall panel and laminate space with 113 product catalogs launched in just four years.
The company’s products are positioned as eco-friendly and durable alternatives to conventional materials such as wallpaper, wood, and paint. They are anti-bacterial, anti-fungal, manufactured using recycled materials, and free from harmful heavy metals—offering both safety and sustainability.
Euro Pratik operates through a vast distribution network across 116 cities, spanning metros to Tier-III towns. By March 31, 2025, the company managed 180 distributors across 25 states and 5 union territories, ensuring a strong domestic presence. In addition, it has expanded globally, exporting to six countries including Singapore, UAE, and Australia, and aims to further strengthen its reach into new, high-growth international markets.
Product Portfolio:
- Decorative Wall Panels: Designed for both aesthetics and functionality, these panels provide insulation, soundproofing, and easy installation. Durable and cost-effective, they serve as a modern solution for homes, offices, and commercial spaces.
- Decorative Laminates: Made using materials like PVC, these laminates combine stylish finishes with durability, making them ideal for furniture, cabinetry, countertops, and wall coverings, while offering protection against wear and tear.
Euro Pratik Sales IPO – Details
| IPO Opening Date | 16 September 2025 |
| IPO Closing Date | 18 September 2025 |
| Issue Type | Book Built Issue IPO |
| Issue Size | Total Issue Size: 1,82,71,862 Shares Worth ₹451.31 Crore Offer For Sale: 1,82,71,862 Shares Worth ₹451.31 Crore |
| Face Value | ₹1 per equity share |
| IPO Price | ₹235 – ₹247 per share |
| Market Lot | 60 Shares |
| Min Order | 60 Shares [ 1 Lot ] |
| Employee Discount | ₹13.00 |
| Listing At | BSE, NSE |
| Register | MUFG Intime India Pvt.Ltd. |
| QIB Shares Offered | 50% |
| NII (HNI) Shares Offered | 15% |
| Retail Shares Offered | 35% |
Euro Pratik Sales IPO – Date Schedule
| IPO Open Date | 16 September 2025 |
| IPO Close Date | 18 September 2025 |
| Basis of Allotment | 19 September 2025 |
| Initiation of Refund | 22 September 2025 |
| Credit of Shares to Demat Account | 22 September 2025 |
| IPO Listing Date | 23 September 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on September 18, 2025 |
Euro Pratik Sales IPO – Lots Size & Price
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 90 | ₹14,820 |
| Retail (Max) | 13 | 780 | ₹1,92,660 |
| S-HNI (Min) | 14 | 840 | ₹2,07,480 |
| S-HNI (Max) | 67 | 4,020 | ₹9,92,940 |
| B-HNI (Min) | 68 | 4,080 | ₹10,07,760 |
Competitive Strength
- One of India&rsquo’s largest organized wall panel brands in the organized Decorative Wall Panel industry.
- Comprehensive product portfolio across various categories.
- Staying ahead of market trends with its 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.
Company Promoters
- Pratik Gunvantraj Singhvi
- Jai Gunvantraj Singhvi
- Pratik Gunwantraj Singhvi HUF
- Jai Gunwantraj Singhvi HUF
Company Financials
| Particulars | Total Revenue | Total Expense | Profit After Tax | Total Borrowing |
|---|---|---|---|---|
| 31 March 2023 | ₹268.55 Cr | ₹188.40 Cr | ₹59.57 Cr | ₹3.00 Cr |
| 31 March 2024 | ₹230.11 Cr | ₹145.07 Cr | ₹62.91 Cr | – |
| 31 March 2025 | ₹291.53 Cr | ₹192.16 Cr | ₹76.45 Cr | ₹2.68 Cr |
Key Performance Indicator
| KPI | Values |
|---|---|
| ROE | 39.18% |
| ROCE | 44.58% |
| Debt/Equity | 0.01 |
| RoNW | 32.60% |
| PAT Margin | 26.08% |
| EBITDA Margin | 38.74% |
| Price to Book Value | 10.77 |
| Pre IPO | Post IPO | |
| EPS (₹) | 7.48 | 7.48 |
| P/E (x) | 33.02 | 33.02 |
Object Of The Issue
| Objects of the Issue | Expected Amount (₹ in crores) |
|---|---|
| To carry out the Offer for Sale of up to equity shares of face value of ₹1 each by the Selling Shareholders aggregating up to ₹4,513.15 million; | |
| Achieve the benefits of listing the Equity Shares on the Stock Exchanges. |
Euro Pratik Sales IPO Peer Comparison
| S. No. | Face Value (₹) | Company Name | P/E Ratio |
|---|---|---|---|
| 1 | 1 | Greenlam Industries Limited | 87.54 |
| 2 | 1 | Asian Paints Limited | 62.64 |
| 3 | 1 | Berger Paints India Limited | 55.77 |
| 4 | 10 | Indigo Paints Limited | 40.32 |
✅Strengths
- Leading organized wall panel brand with 15.87% market share.
- Strong brands (Euro Pratik, Gloirio) with wide recognition.
- Innovative designs, aligned with global trends.
- Growth via acquisitions and product diversification.
- Experienced promoters with deep industry knowledge.
⚠️Risks
- High dependence on promoters & key staff.
- Integration challenges from acquisitions.
- Operational risks like warehouse fire/damage.
- Difficulty in retaining skilled employees.
- Uncertain dividend policy based on earnings.
Euro Pratik Sales IPO Promoter Holding
| Pre Issue Share Holding | 87.97% |
| Post Issue Share Holding | 70.10% |
Euro Pratik Sales IPO Prospectus
Company Contact Information
| Euro Pratik Sales Ltd. 601-602, 6th floor, Peninsula Heights, C.D. Barfiwala Lane, Andheri (West), Mumbai, Maharashtra, 400058 Phone: +91 22 2624 4574 Email: cs@europratik.com Website: http://www.europratik.com/ |
Euro Pratik Sales IPO Registrar
| MUFG Intime India Pvt.Ltd. Phone: +91-22-4918 6270 Email: europratik.ipo@linkintime.co.in Website: https://linkintime.co.in/Initial_Offer/public-issues.html |
Euro Pratik Sales IPO Lead Manager(s)
| 1. Axis Capital Ltd. 2. Dam Capital Advisors Ltd. |
Euro Pratik Sales IPO FAQs
| What is Euro Pratik Sales IPO? Euro Pratik Sales IPO is a main-board IPO. The issue is priced at ₹235 to ₹247 per equity share. The IPO is to be listed on the BSE & NSE. |
| When will Euro Pratik Sales IPO open? The IPO is to open on 16 September 2025 for QIB, NII, and Retail Investors. |
| What is Euro Pratik Sales IPO Investors Portion? The investors’ portion for QIB – 50%, NII – 15%, and Retail – 35%. |
| What is Euro Pratik Sales IPO Size? Euro Pratik Sales IPO size is ₹451.31 Crore. |
| What is the Euro Pratik Sales IPO Minimum and Maximum Lot Size for Retail? The minimum bid is 60 Shares with ₹14,820, while the maximum bid is 780 Shares with ₹1,92,660. |
| What is the Euro Pratik Sales IPO Allotment Date? Euro Pratik Sales IPO allotment date is 19 September 2025. |
| What is the Euro Pratik Sales IPO Listing Date? Euro Pratik Sales IPO listing date is 23 September 2025. The IPO is to be listed on BSE and NSE. |
