By the close of bidding, Euro Pratik Sales IPO was subscribed 1.34 times, with bids for 1.8 crore shares against nearly 1.35 crore shares on offer. The Qualified Institutional Buyers (QIBs) segment was subscribed 1.05 times. The retail quota was booked 1.23 times, while the Non-Institutional Investors (NII) segment was subscribed 1.92 times.
The IPO bidders are now waiting for the share allotment status to be finalised by the company. The investors, who participated in the Euro Pratik Sales IPO subscription, can check the share allotment status on the websites of NSE, BSE and MUFG Intime India, the issue registrar.How to check IPO Euro Pratik Sales IPO allotment status on BSE
1. Visit the BSE allotment page at https://www.bseindia.com/investors/appli_check.aspx
2. Select ‘Equity’ under issue type.
3. Choose ‘Euro Pratik Sales’ from the dropdown list.
4. Enter your Application Number or PAN.
5. Click ‘Search’ to view allotment details.Steps to check IPO allotment status on MUFG Intime India
1. Go to MUFG Intime India at https://in.mpms.mufg.com/Initial_Offer/public-issues.html
2. Choose ‘Euro Pratik Sales’ from the dropdown list for company names.
3. Enter your PAN, Application Number, or DP/Client ID.
4. Click on the ‘Submit’ button.
Similarly, the investors can also check the IPO allotment status on the NSE website using their PAN and application number.
Following the finalisation of share allocation, Euro Pratik Sales is expected to initiate refunds and transfer of shares to the Demat accounts on September 22.
Shares of Euro Pratik Sales are tentatively scheduled to be listed on the NSE and BSE on September 23.
About the company
Euro Pratik Sales operates in the decorative wall panel and decorative laminates segment. It is one of India’s largest organised wall panel brands, with a revenue-based market share of 10% in FY24 and 15.9% in FY23. The company specialises in creating innovative design templates for wall panels and laminates, tailored to modern architectural and interior design trends. Its products are marketed under the brands Euro Pratik and Gloirio.
