Euro Pratik Sales IPO has seen steady subscription ahead of its scheduled close tomorrow, September 18, 2025. The initial public offering, sized at ₹451.31 crore, is priced in the band of ₹235 to ₹247 per share. The IPO comprises a complete offer-for-sale of about 1.83 crore equity shares with a face value of ₹1 each. Retail investors must apply in lots of 60 shares, translating to a minimum investment of roughly ₹14,100. The public subscription window opened on September 16, and the listing is expected by September 23 on both NSE and BSE.
As of the latest exchange data, the IPO has garnered a total subscription of about 47%. The Non-Institutional Investors (NIIs) category leads with an impressive 91% subscription of the allotted shares, reflecting strong interest from high-net-worth individuals and other non-institutional buyers. Retail investors have accounted for 39% subscription of their respective quota, while Qualified Institutional Buyers (QIBs) remain more cautious with only 26% subscription. Employee reservations stand positive at around 178%. The steady demand across categories highlights balanced participation, signaling a cautious but interested investor base ahead of the final bidding day.
Euro Pratik Sales Ltd. is a prominent player in the decorative wall panels and laminates industry. The firm specializes in designing and marketing an extensive range of decorative wall panels and laminates, aligning with modern architectural aesthetics. It holds a market presence not only domestically but also through exports to countries such as Singapore, UAE, and Australia. For FY2025, Euro Pratik reported consolidated revenues of approximately ₹284 crores and net profits near ₹77 crores, reflecting stable financial health and operational scale.
Investor sentiment around the IPO is buoyed by the company’s steady financial performance and growth prospects in the booming interior decor sector, which is riding a wave of rising real estate and renovation demands. The firm’s innovation in product design and scale of operations has drawn positive attention. However, some investors remain watchful, given that Euro Pratik operates in a competitive space that can be affected by raw material costs and changing consumer preferences.
The grey market premium (GMP) has inched up modestly, currently at about ₹2.5 over the upper price band of ₹247. This slight increase from no premium earlier reflects a cautiously optimistic outlook towards listing gains, although the low premium indicates tempered expectations in the grey market.
Broader IPO market conditions remain steady, with a mix of SME and mainboard listings seeing varied investor appetite. While marquee IPOs have driven enthusiasm, selective participation reflects the market’s careful approach amid global macro uncertainties.
With the IPO closing tomorrow, final subscription figures will clarify market sentiment further. Investors are advised to monitor the allotment status post-September 19, evaluate the company fundamentals carefully, and consider listing day dynamics before deciding to enter. Euro Pratik’s listing on September 23 promises to be a key event to watch in September’s primary market calendar.
