The share allotments for Euro Pratik Sales IPO will likely be finalized by today, September 19. The Rs 451-crore issue was fully subscribed during its three days of public bidding.
The prominent player in the decorative wall panel industry had launched its IPO to raise Rs 451 crore through an entirely offer for sale of shares by promoters with no fresh issue component at a price band of Rs 235-247 per share.
Euro Pratik Sales IPO GMP:
Ahead of listing, the unlisted shares of the company were trading almost flat at the IPO price of Rs 248 per share, according to data on Investorgain and IPO Watch. This is lower than the 3 percent GMP quoted earlier on the day the IPO opened for public bidding.
IPO applicants can check their Euro Pratik IPO allotment status on the official website of the registrar, MUFG Intime India. The status will also be available on the websites of stock exchanges BSE and NSE.
Euro Pratik Sales IPO: How to check allotment status on MUFG Intime India?
- Step 1: Open the link to the official registrar of the issue on this URL: (https://in.mpms.mufg.com/Initial_Offer/public-issues.html)
- Step 2: Select the company from the dropdown menu.
- Step 3: Filling in details like PAN, application number or DP client ID.
- Step 4: Press the 'Submit' button
- Step 5: Your allotment status will be shown in the window.
- Step 1: Open the website of NSE by clicking on this direct link (https://www.nseindia.com/products/dynaContent/equities/ipos/ipo_login.jsp).
- Step 2: Select the company 'Euro Pratik Sales' by selecting Equity & SME IPO bid details.
- Step 3: Fill in the necessary details like IPO Application number or PAN details after selecting the company symbol.
- Step 4: Press the 'Submit' button
- Step 5: The allotment status will be shown in the window.
- Step 1: Open the website of Bombay Stock Exchange (BSE).
- Step 2: Click on 'Investors' option.
- Step 3: On the 'Investor Services' dropdown, click on 'Status of Issue Application'.
- Step 4: Click on 'Application Status Check'.
- Step 5: Select Equity in the issue type.
- Step 6: Fill in the required details including the 'Issue Name'.
- Step 7: Enter PAN number and click on ‘Search’ to view the status.
Euro Pratik has an extensive product range catering to both residential and commercial applications, which is predominantly sold under its flagship brands 'Euro Pratik' and Gloirio. The company operates on an asset-light model - it outsources manufacturing to contract partners across South Korea, China, and the US.
The shares of the company are scheduled to be listed on stock exchanges BSE and NSE on September 23.
Follow all IPO news here.
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