Euro Pratik Sales, a designer and seller of decorative wall panels and laminates, has set the price range for its initial public offering (IPO) at INR 235 to INR 247 per equity share.
The Initial Public Offering of the company will open on Tuesday, September 16, 2025, for subscription and close on Thursday, September 18, 2025. Investors can bid for a minimum of 60 Equity Shares and in multiples of 60 Equity Shares thereafter.
The IPO is entirely an offer for sale of up to INR 451.32 crore by Promoter and Promoter Group Selling Shareholders. It includes a reservation for eligible employees applying in the employee reservation portion.
Euro Pratik Sales Limited was incorporated on January 19, 2010, Mumbai headquartered company operates on an asset-light business model, with a strong focus on product design and development. As at March 31, 2025, with a portfolio of over 3,000 designs spanning over 30 product varieties (Source:Technopak Report) and 113 catalogues (involving a combination of products and designs) launched in last four years, Euro Pratik functions as a fast-fashion brand within the industry. The companyโs products are distributed through a well-established and extensive network across 116 cities in India, as at March 31, 2025.
To aid its marketing efforts, it has partnered with renowned celebrities Hrithik Roshan and Kareena Kapoor Khan as brand ambassadors for its โEuro Pratikโ and โGloirioโ brands, respectively.
The company’s revenue from operations increased by 28.20% to INR 284.23 crore for Fiscal 2025 from INR 221.70 crore for Fiscal 2024. Profit after tax increased by 21.51% to INR 76.44 crore for Fiscal 2025 from INR 62.91 crore for Fiscal 2024.
The offer is being made through the book-building process, wherein not more than 50% of the net offer is allocated to qualified institutional buyers, and not less than 15% and 35% of the net offer is assigned to non-institutional and retail individual bidders respectively.
