Euro Pratik IPO Sales

The Euro Pratik Sales IPO is a ₹451.31 crore book build issue. The total issue size is ₹451.31 crore with an offer for sale of 1.83 crore shares. The subscription period for the Euro Pratik Sales IPO begins on September 16, 2025 and ends on September 18, 2025. On September 19, 2025, the allocation for the Euro Pratik Sales IPO is anticipated to be finalized. The tentative listing date for the Euro Pratik Sales IPO is set for September 23, 2025; it will be listed on the BSE and NSE.

Company Background

The company has established a significant foothold in India, with about 180 distributors serving 116 cities across 25 states and five union territories. What sets it apart is that its reach extends beyond metros, with a strong presence in Tier II towns and smaller cities spanning Assam, Gujarat, Tamil Nadu, and Jammu & Kashmir.

Operations & Product Range

Facility & Production

Euro Pratik operates on an asset-light approach, which means it does not own any huge plants. Instead, it works with contract manufacturers in India and abroad to produce beautiful wall panels and laminates. The company's primary contract partner accounts for a significant portion of production, sometimes more than 70% for some product lines.

The company works with a global network of manufacturers in South Korea, China, the United States, Turkey, Romania, Indonesia and Portugal, selecting each partner for their design and technology competence. Euro Pratik can focus on what it does best — design, branding, sourcing and quality control — by outsourcing production instead of investing much in machinery and infrastructure.

Brands & Market Presence

Euro Pratik sells under two flagship brands: Euro Pratik and Gloirio, which serve both residential and business customers searching for beautiful wall panels and laminates. Its collection is enormous, with over 3,000 patterns for louvers, chisels, claddings and other decorative surfaces.

The company has established a substantial presence in India, spanning 116 cities across 25 states and five union territories via roughly 180 distributors. What distinguishes it is that its reach extends beyond metros, with a strong presence in Tier II towns and smaller cities ranging from Assam to Gujarat, Tamil Nadu to Jammu and Kashmir.

Revenue Channels

• Euro Pratik's decorative wall panels account for nearly two-thirds of its total sales. The next largest segment is decorative laminates, which account for almost a quarter of sales, with the remainder split between minor categories such as accessories and specialized finishes.

• The company is primarily focused on the domestic market, with a distribution network of 180 partners delivering items to 116 cities in 25 states and five union territories. Exports are merely a small part of the pie, though the corporation has begun to explore international markets in recent years.

Management & Shareholding

Promoters & Shareholding

The company's promoters are Pratik Gunvantraj Singhvi, Jai Gunvantraj Singhvi, Pratik Gunwantraj Singhvi HUF and Jai Gunwantraj Singhvi HUF. Nisha Jai Singhvi, one of the promoters, has agreed to sell shares worth up to ₹730 crore as part of the issue. Even after this partial exit, the Singhvi family will remain the majority shareholders, with the IPO serving primarily as a means for them to unlock value rather than diminish their stake.

Board Members

Euro Pratik's Board of Directors consists of Pratik Gunvantraj Singhvi (Chairman & Managing Director), Jai Gunvantraj Singhvi (Whole-Time Director & CFO), Abhinav Sacheti (Whole-Time Director), Dhruti Bhagalia (Independent Director), Mahendra Kachhara (Independent Director) and Nidhi Seemant Sacheti (Additional Executive Director).