Euro Pratik Sales Ltd. | Globe Capital Market LTD.
Euro Pratik Sales Ltd.
Closed
Price Band
₹235 to ₹247 per share
IPO Issue Period
September 16, 2025 to September 18, 2025
Issue Size
₹451.31 Cr
Face value
₹1 per share
Fresh issue
NIL
Offer for sale
₹451.31 Cr
Minimum Shares for Retail
60 Shares
Employee Discount
₹13.00
Listing on
BSE, NSE
Issue Type
Book Built Issue IPO
Registrar to the Issue
MUFG Intime India Pvt.Ltd.
Tentative Listing Date
Tue, Sep 23, 2025
QIB
50%
NII
15%
Retail
35%

Axis Capital Ltd.
Dam Capital Advisors Ltd.

Incorporated in 2010, Euro Pratik Sales Limited is a prominent player in India’s decorative wall panel and laminates industry. The company operates as a seller and marketer, distinguished by its focus on creating unique, trend-aligned design templates. Recognized as an innovator for products such as Louvres, Chisel, and Auris, Euro Pratik has, over the past seven years, built a diverse portfolio catering to both residential and commercial sectors. As of March 31, 2025, the company offers over 3,000 designs across 30 product categories, positioning itself as a “fast-fashion” brand in the industry.

Euro Pratik’s products are an eco-friendly alternative to traditional wall coverings like paint and wallpaper, being anti-bacterial, anti-fungal, and made from recycled materials. The company leverages an asset-light business model, outsourcing manufacturing while maintaining quality standards. It boasts a robust distribution network of 180 distributors across 116 cities in India and has expanded its reach to six international markets. With a strategic focus on expanding into new, favorable markets, Euro Pratik is well-positioned for future growth.

For the year/period ended (Rs. in Cr.)

FY25 FY24 FY23
Total Revenue 291.52 230.11 268.55
Profit After Tax 76.44 62.91 59.57
EPS 7.53 6.19 5.85
EBITDA Margin (%) 38.74 40.15 31.73
PATM (%) 26.9 28.38 22.6

 

For year/ period ended ( in Cr.)

Company Name Market Cap (Cr.) Price P/BV P/E Sales (Cr.)
FY25
Net Profits(Cr.)
FY25
Euro Pratik Sales Ltd 2524.34* 247 10.77 33.02 291.52 76.44
Greenlam Industries Ltd 6252 245 5.55 184 2569 68
Asian Paints Limited 245113 2555 12.6 63.6 33906 3710
Berger Paints Limited 63658 546 10.4 54.5 11545 1183
Indigo Paints Limited 5444 1143 5.19 37.8 1277 144

*Market cap @upper band

  • Market Leadership: Euro Pratik is a leading and one of the largest organized brands in India’s decorative wall panel industry with a comprehensive and innovative product portfolio.
  • Extensive Distribution: The Company has a well-established, pan-India distribution network ensuring wide market reach and strong presence across diverse urban and rural areas.
  • Strategic Business Model: An asset-light model with long-term global partnerships underpins a track record of robust financial performance and low leverage.
  • Experienced Management: The company benefits from a management team and promoters with extensive experience and deep industry knowledge.

The Company EURO PRATIK SALES IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:

  • To carry out the Offer for Sale of 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

At the upper band of IPO ₹ 247, the stock is valued at 33.02 P/E multiple. Hence, well-informed investors subscribe for medium to long term perspective.

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