Euro Pratik Sales IPO Opens September 16, Price Band Set at ₹235-247 Per Equity Share

Mumbai, September 10, 2025: The Initial Public Offering (‘IPO’ or ‘Offer’) of Euro Pratik Sales Limited will open on Tuesday, September 16, 2025, for subscription and close on Thursday, September 18, 2025. Euro Pratik Sales Limited has fixed the price band of INR 235 to 247 per equity share of face value INR 1 each for its IPO. Investors can bid for a minimum of 60 equity shares and in multiples of 60 equity shares thereafter.
 
The IPO includes a reservation for eligible employees applying in the employee reservation portion. Euro Pratik Sales Limited was incorporated on January 19, 2010. The Mumbai headquartered company operates on an asset-light business model, with a strong focus on product design and development. As at March 31, 2025, with a portfolio of over 3,000 designs spanning over 30 product varieties (Source: Technopak Report) and 113 catalogues (involving a combination of products and designs) launched in last four years, Euro Pratik functions as a fast-fashion brand within the industry. The company’s products are distributed through a well-established and extensive network across 116 cities in India, as at March 31, 2025.
 
To aid its marketing efforts, it has partnered with renowned celebrities Hrithik Roshan and Kareena Kapoor Khan as brand ambassadors for its ‘Euro Pratik’ and ‘Gloirio’ brands, respectively.
 
Euro Pratik Sales Limited revenue from operations increased by 28.20 per cent to INR 284.23 crore for fiscal 2025 from INR 221.70 crore for fiscal 2024. Profit after tax increased by 21.51 per cent to INR 76.44 crore for fiscal 2025 from INR 62.91 crore for fiscal 2024.
 
The offer is being made through the book-building process, wherein not more than 50 per cent of the net offer is allocated to qualified institutional buyers, and not less than 15 per cent and 35 per cent of the net offer is assigned to non-institutional and retail individual bidders respectively.

Axis Capital Limited and DAM Capital Advisors Limited are the book-running lead managers and MUFG Intime India Private Limited (Formerly Link Intime India Private Limited) is the registrar of the Offer.