Headquartered in Mumbai, Eurobond is engaged in the manufacturing and supplying of Aluminium Composite Panels (ACP) globally. ACPs are kind of panels, which are widely used as an exterior covering of commercial buildings and corporate houses. Eurobond manufacture varieties of ACPs in different colors, designs, and textures for its customers through the quality-controlled production method. The company’s business segments include – i) Government Contracts, ii) Export Business, iii) Distributors, iv) Private Institution Tenders.
Eurobond has been exporting products in the USA, South Africa, Uganda, Nigeria, Tanzania, Sri Lanka, and Nepal since 2014. The company has been recognized as One Star Export House by the Ministry of Commerce and Industry and is also an annual member of the Indian Green Building Council (IGBC).
The company’s registered office is in Mumbai and sales offices and warehouses are located at Bhiwandi, Ahmedabad, Nagpur, Delhi, Lucknow, Raipur, Kolkata, and Indore.
Competitive Strengths
- Brand Image
- Enthusiastic and experienced workforce
- Widespread sales and distribution network
- Investment in R&D and focus on innovations
Company Promoters
Rajesh Shah And Divyam Shah are the company promoters.
Company Financials
| Particulars | For the year/period ended (₹ in Millions) | |||
|---|---|---|---|---|
| 30-Jun-21 | 31-Mar-21 | 31-Mar-20 | 31-Mar-19 | |
| Total Assets | 1,531.84 | 1,452.13 | 1,329.74 | 948.24 |
| Total Revenue | 319.06 | 1,433.03 | 1,429.93 | 1,086.70 |
| Profit After Tax | 18.76 | 37.01 | 39.65 | 39.35 |
Objects Of The Issue
- Meeting incremental working capital requirements
- Repayment of unsecured loan availed by the company
- General corporate purposes
Eurobond IPO Details
| IPO Opening Date | Dec 14, 2021 |
| IPO Closing Date | Dec 16, 2021 |
| Issue Type | Fixed Price Issue IPO |
| Face Value | ₹10 per equity share |
| IPO Price | ₹70 per equity share |
| Market Lot | 2000 Shares |
| Min Order Quantity | 2000 Shares |
| Listing At | NSE SME |
| Issue Size | 6,500,000 Eq Shares of ₹10 (aggregating up to ₹45.50 Cr) |
| Fresh Issue | 6,500,000 Eq Shares of ₹10 (aggregating up to ₹45.50 Cr) |
| Employee Discount | 7 |
Eurobond IPO Lot Size
| Application | Lots | Shares | Amount (Cut-off) |
|---|---|---|---|
| Minimum | 1 | 2000 | ₹140,000 |
| Maximum | 1 | 2000 | ₹140,000 |
Eurobond IPO Promoter Holding
| Pre Issue Share Holding | 82.50% |
| Post Issue Share Holding |
Eurobond IPO Prospectus
Company Contact Information
| Euro Panel Products Limited 702, 7th Floor, Aravalli Business Centre, Ramdas Sutrale Road, Borivali (West) Mumbai 400092, Maharashtra, India. Phone: 022 29686500 Email: cs@eurobondacp.com Website: https://www.eurobondacp.com/ |
Eurobond IPO Registrar
| Link Intime India Private Ltd Phone: +91-22-4918 6270 Email: europanel.ipo@linkintime.co.in Website: https://linkintime.co.in/ |
Eurobond IPO FAQs
| When Eurobond IPO will open? The Eurobond IPO dates are 14 Dec 2021 To 16 Dec 2021. |
| What is the lot size of Eurobond IPO? Eurobond IPO lot size and the minimum order quantity is 2000 Shares. |
| How to apply for Eurobond IPO? You can apply in Eurobond IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don’t offer banking services. |
| When is Eurobond IPO listing date? The Eurobond IPO listing date is not announced. The date of Eurobond IPO listing is []. |
