Euro Pratik Sales Ltd, one of the top names in the decorative laminates and wall panels industry will begin it’s first public offering (IPO) from September 16 through September 18 2025. The company hopes to raise Rs451.3 million via the process of an offering-for-sale (OFS) by existing promoters.
Its IPO is significant in that it is from one of India’s most rapidly growing players in the wall paneling market supported by strong economic growth, a sustainable portfolio of products, and a strong position in the market.
Euro Pratik Sales IPO Overview
- IPO Opening Date: September 16, 2025
- IPO Closing Date: September 18, 2025
- IIPO size: Rs429.39-451.31 crore (entirely OFS, no new issue)
- Price Band Shares: Rs235 – Rs247
- The Employee Discount Per share: Rs13
- Lot Size: 60 shares (Rs14,820 minimum investment)
- Listing Exchanges: BSE and NSE
- Listing Date: September 23, 2025
- Promoters: Pratik Gunvantraj Singhvi, Jai Gunvantraj Singhvi, and HUFs that are related.
- Lead Managers: Axis Capital, DAM Capital Advisors
Company Profile: Euro Pratik Sales Ltd
Euro Pratik Sales has carved its space in India’s decorative panel wall market with an 15.87 percent percentage of market shares in organized segments. It is the “fast-fashion” wall decor brand and has launched more than 100 catalogs over the past four years.
Key Highlights:
- Wide Product Portfolio: 30+ categories, 3,000+ designs
- Pan-India Presence: 888 cities and 172 distributors spread across five states and 25 union territories
- International Impact Exports are made to Singapore, UAE, Australia and more
- Model of Asset Light Outsourcing of manufacturing to 26 partners in South Korea, China, and the USA
- Eco-friendly Products Free of mercury, lead, and made from recycled materials
- Recent Acquisitions (2024): Vougue Decor, Millennium Decor, and Euro Pratik Intex LLP
Euro Pratik Sales Financial Performance
The company has demonstrated steady profit and revenue growth and has industry-leading margins and return on investment.
| Fiscal Year | Revenue (Rs Cr) | Net Income (Rs Cr) | Net Margin (%) | ROE (%) | ROCE (%) | EPS (Rs) |
|---|---|---|---|---|---|---|
| FY2022 | 211.92 | 44.52 | 21.01 | 44.03 | 55.17 | 4.37 |
| FY2023 | 263.58 | 59.57 | 22.60 | 45.90 | 61.42 | 5.89 |
| FY2024 | 221.70 | 62.91 | 28.38 | 47.70 | 61.42 | 6.19 |
| FY2025 | 284.23 | 76.44 | 26.89 | 39.18 | 44.58 | 7.53 |
Highlights:
- Revenue up 28.2% YoY in FY2025
- Net profit increased 21.5 percent YoY
- A strong EBITDA margins (40-46 percent) and PAT margins (27-32%).)
- A high ROE along with ROCE indicate the efficiency of capital utilization
IPO Allotment & Listing Timeline
- Basis of Allotment: September 19, 2025
- Refunds Initiation: September 22, 2025
- Demat Transfer: September 22, 2025
- Listing Date: September 23, 2025
- retail quota Minimum 35 percent of internet offer
Because the IPO is 100 of OFS this company won’t be receiving any money from this IPO the proceeds will go to the shareholders who bought shares.
Valuation and Key Ratios
- EPS (FY25): Rs7.53
- ROE (FY25): 39.18%
- ROCE (FY25): 44.58%
- Margins: EBITDA ~40-46%, PAT ~27-32%
Multiples of valuation (P/E P/BV, P/E) will be clearer after listing, but high profits and market shares point to the possibility of premium pricing.
Competitive Landscape
Euro Pratik Sales competes with major brands such as:
- Greenlam Industries
- Asian Paints
- Berger Paints India
- Indigo Paints
Its model of asset-lighting, its extensive distribution network and eco-friendly product strategies provide it with an advantage in terms of scale and profitability.
Investor Outlook
Positives:
- Consistent financial growth
- Profits and margins that are strong
- Market presence is extensive in India and abroad
- Model that is scalable, light on assets
Risks:
- Absolutely OFS. No new money for expansion of business
- Industry that is competitive and has strong existing players
- Depends on outsourcing manufacturing
Investors should also monitor the trend of grey market price (GMP) trends and peer valuations that are closer to the allotted amounts before making a final decision.
Conclusion
This Euro Pratik Sales IPO offers investors a unique chance to join India’s growing decorative wall panels and laminates industry. With solid financials, environmentally friendly products, and an scalable distribution system The company is in a good position to grow.
But, as it’s an purist offer-for-sale investors should take a careful look at the valuations and long-term fundamentals prior to making an application.
Always check your end-of-the-line RHP (Red Herring Prospectus) and consult with an SEBI-registered financial adviser prior to investing.
Disclaimer This article is intended for informational purposes only. It should not be considered to be investment advice. Consult a licensed financial advisor prior to you make IPO decision on investment.