Here are the full details for the Euro Pratik Sales Limited IPO (as of the latest public filings and media reports).
Euro Pratik Sales Ltd. is a seller and marketer of decorative wall panels and decorative laminates under its brands Euro Pratik and Gloirio.
They have a product range of over 30 categories and more than 3,000 designs.
Their model is “asset light” — they outsource manufacturing via contract manufacturers in countries like South Korea, China, and the USA.
IPO Dates
| Event | Date |
|---|---|
| Opening Date | September 16, 2025 |
| Closing Date | September 18, 2025 |
| Basis of Allotment | September 19, 2025 |
| Refunds / Credit to Demat DMAT account | September 22, 2025 |
| Listing date on NSE/BSE | September 23, 2025 |
IPO Details
- Face Value: ₹1 per equity share
- Price Band: ₹235 to ₹247 per share
- Lot Size: 60 Shares
- Issue Size: ₹451.31 crores approx (OFS only) under the revised issue size
- Number of Shares Offered: ~ 1,82,71,862 equity shares via OFS
- Employee Discount: ₹13.00
- Issue Type: Bookbuilding IPO
- Listing At: BSE, NSE
- Share Holding Pre Issue: 10,22,00,000 shares
- Share Holding Post Issue: 10,22,00,000 shares
Promoters of Euro Pratik Sales Limited
Here are the details of the Promoters / Promoter-Group of Euro Pratik Sales Limited as per its DRHP / IPO documents:
- Pratik Gunvantraj Singhvi
- Jai Gunvantraj Singhvi
- Dipty Pratik Singhvi
- Nisha Jai Singhvi
1. Pratik Gunvantraj Singhvi
- He is one of the main promoters of Euro Pratik Sales Limited.
- Pratik is an entrepreneur associated with the decorative laminates and wall panels industry for several years.
- He holds shares in his personal capacity and also represents his Hindu Undivided Family (HUF) in the promoter group.
- He is also listed as one of the selling shareholders in the IPO.
2. Jai Gunvantraj Singhvi
- Jai is another core promoter of the company.
- Like Pratik, he has been actively engaged in the growth of the Euro Pratik brand.
- He holds shares both in his personal name and through his HUF entity.
- Jai is also participating in the Offer for Sale as a selling shareholder.
3. Pratik Gunvantraj Singhvi HUF
- This Hindu Undivided Family entity is part of the promoter group and collectively holds shares in Euro Pratik Sales Limited, representing the family interest of Pratik Singhvi.
4. Jai Gunvantraj Singhvi HUF
- This HUF is part of the promoter group associated with Jai Singhvi and contributes to the collective family shareholding in the company.
5. Dipty Pratik Singhvi
- She is a family member of Pratik Singhvi and is also a selling shareholder in the IPO. Her inclusion strengthens the promoter family’s stake in the business.
6. Nisha Jai Singhvi
- She is a family member of Jai Singhvi and also part of the promoter group. Nisha is named among the selling shareholders in the IPO draft prospectus.
Euro Pratik Sales Limited IPO Lot Size
Here is the lot size information for the Euro Pratik Sales Limited IPO, in a table format.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 60 | ₹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 |
Euro Pratik Sales Limited IPO Promoter Holding
Pratik Gunvantraj Singhvi, Jai Gunvantraj Singhvi, Pratik Gunwantraj Singhvi HUF and Jai Gunwantraj Singhvi HUF are the promoters of the company.
| Promoter Holding Pre Issue | 87.97% |
| Promoter Holding Post Issue | 70.1% |
- Pre-IPO promoter holding: 87.97%
- Post-IPO promoter holding (after the Offer for Sale): 70.10%
About Euro Pratik Sales Limited
- Euro Pratik Sales Ltd is a Mumbai-based company that designs, markets, and sells decorative wall panels and decorative laminates under its brands Euro Pratik and Gloirio.
- It follows an “asset-light” model: most of its manufacturing is outsourced to contract manufacturers in countries like South Korea, China, and the USA.
- The company emphasises product design, innovation, and having a wide variety of styles. It offers 30+ product categories and 3,000+ designs/SKUs as of its recent reporting.
Market Presence & Position
- In India’s organised decorative wall panels industry, Euro Pratik is among the leading players—it is reported to have ~ 15.87% market share by revenue in that segment.
- It sells through a large-distribution network: hundreds of distributors spread across many states and union territories.
- Caters to both residential and commercial sectors.
- It also exports to several countries. Some of the export destinations include Singapore, UAE, Australia, Bangladesh, Burkina Faso, Nepal.
Recent Moves & IPO-Related Facts
- Euro Pratik filed its Draft Red Herring Prospectus (DRHP) with SEBI around 20 January 2025 seeking approval for an IPO.
- The IPO is an Offer-for-Sale (i.e. no fresh issue), with promoter/promoter-group shareholders selling shares. All proceeds go to selling shareholders, not to the company.
- The planned IPO amount was originally ~ ₹730 crore, though later the public issue size was revised (to ~ ₹451.3 crore in later announcement).
Euro Pratik Sales Limited Financial Information
Here is a summary table of the financial information for Euro Pratik Sales Limited based on its latest reported years
| Period Ended | 31 Mar 2025 | Mar 31 2024 | 31 Mar 2023 |
| Assets | ₹273.84 Crore | ₹174.49 Crore | ₹159.12 Crore |
| Total Income | ₹291.52 Crore | ₹230.11 Crore | ₹268.55 Crore |
| Profit After Tax | ₹76.44 Crore | ₹62.91 Crore | ₹59.57 Crore |
| EBITDA | ₹110.10 Crore | ₹89.00 Crore | ₹83.63 Crore |
| NET Worth | ₹234.49 Crore | ₹155.73 Crore | ₹130.02 Crore |
| Reserves and Surplus | ₹223.88 Crore | ₹153.75 Crore | ₹129.51 Crore |
| Total Borrowing | ₹2.68 Crore | – | ₹3.00 Crore |
Key Performance Indicator (KPI)
Here are the Key Performance Indicators (KPIs) for Euro Pratik Sales Limited from its IPO / financial disclosures. These are metrics that help investors evaluate how well the company is doing operationally and financially. If you want, I can also pull up forward-looking KPI estimates or compare with peers.
| 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 |
Objects of the Issue (Euro Pratik Sales Limited IPO Objectives)
Here are the objects of the issue / objectives of the Euro Pratik Sales Limited IPO, as per its filings (DRHP / subsequent disclosures):
Objects of the Issue
- The IPO is entirely an Offer for Sale (OFS) by the promoters / promoter-group. The company is not issuing fresh shares, so it will not receive any proceeds from the IPO.
- One objective is to achieve the benefits of listing the equity shares on the Stock Exchanges (NSE & BSE). Listing helps in enhancing visibility, liquidity, transparency, and possibly accessing the broader capital markets in the future.
- The OFS proceeds will go to the selling shareholders (promoters / promoter group) as they divest a portion of their holdings.
Strengths of Euro Pratik Sales Limited IPO
- Market Leadership & Organised Segment Share
- Euro Pratik holds ~ 15.87% market share in the organised decorative wall panels industry.
- Wide & Differentiated Product Portfolio
- It offers more than 30 product categories and over 3,000 designs (SKUs). They also regularly launch new designs/features like “Louvers”, “Chisel”, etc.
- Asset-Light Business Model
- The company outsources manufacturing through contract manufacturing partners (e.g. in South Korea, China, USA) rather than owning heavy production facilities. This can reduce fixed capital requirements.
- Strong Distribution Network & Pan-India Reach
- Uses many distributors (172 distributors across 25 states & 5 UTs) in multiple cities, including tier-II / III cities and metros.
- Financial Performance & Margin Improvement
- Revenue growth from FY 2024 to FY 2025 (~28.2% increase), and profit after tax also grew ~21-22%. Margins improved via focus on high-margin products despite revenue fluctuations.
- Strong Brand Identity and Marketing Support
- Operates via two brands (Euro Pratik, Gloirio); uses brand ambassadors (e.g. Hrithik Roshan, Kareena Kapoor Khan) to boost visibility.
Risks of Euro Pratik Sales Limited IPO
- Product Concentration
- Decorative wall panels contribute a large portion of revenue (e.g. ~ 68-70% in recent periods). If demand shifts, or competition intensifies in that subsegment, the company may be more exposed.
- Offer for Sale (OFS) Structure
- Because the IPO is entirely OFS (i.e. existing shareholders selling), the company itself doesn’t get capital for expansion from this IPO. This limits direct reinvestment capacity from IPO proceeds.
- Revenue Volatility / Decline
- Though profits grew, revenue in FY 2024 declined compared to FY 2023 (from ~₹263.6 crore to ~₹221.7 crore). This suggests sensitivity to product mix and market demand.
- Dependency on Top Distributors
- Revenue contribution from top distributors is significant. If some large distributors underperform, that could affect revenue badly.
- Brand / IP Protection Concerns
- There are risks associated with protecting designs, trademarks, and ensuring no imitation, especially since many designs, intellectual property rights may not have strong protection.
- Foreign Exchange, Regulatory, & Supply Chain Risks
- Because of imports / contracts with overseas manufacturers, risks of currency fluctuations, trade policy changes, import duties, logistic disruptions, etc.
Euro Pratik Sales Limited Contact Details
Here are the contact details for Euro Pratik Sales Limited from public sources:
Corporate Office / Registered Office
601-602, 6th Floor, Peninsula Heights
C.D. Barfiwala Lane, Andheri (West)
Mumbai, Maharashtra – 400058, India
Phone
+91-22-2624-4574
Email
cs@europratik.com
info@europratik.com
Website
www.europratik.com
Registrar & Share Transfer / Investor Grievance Office
MUFG Intime India Pvt. Ltd. (formerly Link Intime)
C-101, 1st Floor, 247 Park, Lal Bahadur Shastri Marg
Vikhroli (West), Mumbai, Maharashtra – 400083, India
Registrar Contact
Tel: +91-810-811-4949
Email: europratik.ipo@linkintime.co.in
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