If you’ve been watching the IPO scene closely, Euro Pratik Sales is a name to watch this week. The company, known for its decorative wall panels and laminates, is launching its Initial Public Offering (IPO) soon — here’s a quick guide to what’s going on, what to watch out for, and whether it might be right for you.
Key IPO Details
- Subscription period: September 16-18, 2025
- Price band: ₹235 to ₹247 per equity share
- Lot size: Minimum 60 shares
- Offer Type: Offer for Sale (OFS) by promoter/promoter-group shareholders — the company itself isn’t raising fresh funds
- Total size: Around ₹451 crore
Strengths That Make Euro Pratik Stand Out
- Market presence in decorative wall panels: Euro Pratik has built a strong position in the organised decorative wall panels segment, offering over 3,000 designs across a wide range of categories.
- Asset-light model: The company relies on contract manufacturing instead of owning heavy infrastructure, which helps control costs and reduce risks.
- Innovative product pipeline: With new collections like Louvers, Chisel, and Auris, Euro Pratik shows it’s focused on keeping up with design trends and consumer demand.
Risks & Things to Be Careful About
- Dependency on key manufacturers: A large share of procurement comes from a single manufacturer, which could be a risk if that relationship is disrupted.
- Revenue concentration: Decorative wall panels make up nearly two-thirds of revenue. Heavy reliance on one product category could hurt if demand drops or competition rises.
- Negative operating cash flow: The company reported negative cash flows from operations recently, signaling potential strain on working capital.
- Brand & regulatory concerns: The company does not directly own the “Euro Pratik” brand, and there have been past regulatory warnings involving promoters, which adds a layer of risk.
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