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2h ago

Euro Pratik Sales Jumps on Debut, Lists About 11% Above IPO Price

The decorative panels maker opened around 11% above its ₹247 issue price following a muted 1.34-times subscription.

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Euro Pratik Sales shares to make stock market debut today; check GMP before listing
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Euro Pratik Sales shares make a decent market debut; stock lists at 11% premium

Overview

  • Shares opened at ₹272.10 on NSE and ₹273.45 on BSE after listing today, outpacing pre-listing expectations.
  • Trading on BSE and NSE began via the Special Pre-Open Session at 10:00 AM, as confirmed by the exchanges.
  • The ₹451.31 crore offering carried a ₹235–₹247 price band with a lot size of 60 shares, managed by Axis Capital and DAM Capital Advisors with MUFG Intime India as registrar.
  • The IPO drew moderate interest overall at 1.34x, including QIB 1.05x, NII 1.92x, retail 1.23x, and employees 3.88x, with roughly 1.17 lakh applications.
  • Pre-listing grey market indications of about ₹10–₹11 suggested a ~4% gain, while the actual debut delivered nearly 11%.