Euro Panel Products Limited IPO
NSE SME₹140,000 / 2000 Shares
Euro Panel Products Limited IPO Details
The Euro Panel Products Limited IPO price band is set between ₹70 per equity share, with a face value of ₹10 per share. The issue is managed by Link Intime India Private Ltd, and the equity shares are proposed to be listed on the NSE SME.
The IPO date for subscription opens on 14 Dec, 2021 and closes on 16 Dec, 2021. Investors can check the allotment status on 21 Dec, 2021, while the listing date is tentatively scheduled for 24 Dec, 2021.
The total issue size is 6,500,000 Eq Shares of ₹10 , aggregating up to ₹45.50 Cr. Stay tuned for the latest Euro Panel Products Limited IPO review and GMP updates.
Euro Panel Products Limited IPO Review, Rating & Analysis
Euro Panel Products Limited IPO Review
NO REVIEWEuro Panel Products Limited IPO Rating
Euro Panel Products Limited IPO Highlights
IPO Date
Dec 14, 2021 - Dec 16, 2021
Listing Date
24 Dec, 2021
Face Value
₹10 Per Equity Share
Price Band
₹70 per equity share
Lot Size
-
Fresh Issue
Shares
Offer for Sale
-
Listing At
NSE SME
Euro Panel Products Limited IPO Lot Size
The minimum market lot for Euro Panel Products Limited IPO is 2000 shares with an application amount of ₹1,40,000. Retail investors can apply for up to 1 lots. The table below details the minimum and maximum investment limits for Retail and HNI investors.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 2000 | ₹1,40,000 |
| Retail (Max) | 1 | 2000 | ₹1,40,000 |
| S-HNI (Min) | 2 | 4000 | ₹2,80,000 |
| S-HNI (Max) | 7 | 14000 | ₹9,80,000 |
| B-HNI (Min) | 8 | 16000 | ₹11,20,000 |
Euro Panel Products Limited IPO Timeline
Issue Price
₹70 per equity shareFace Value
₹10 Per Equity ShareListing at Group
NSE SMERegistrar
Link Intime India Private LtdLead Manager
Fedex Securities LimitedIssue Size
6,500,000 Eq Shares of ₹10 (aggregating up to ₹45.50 Cr)#Fresh Issue: 6,500,000 Eq Shares of ₹10 (aggregating up to ₹45.50 Cr)Euro Panel Products Limited IPO Financial Information
| Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 30 Jun 21 | 153.18 | 31.90 | 1.87 | - | - | - |
| 31 Mar 21 | 145.21 | 143.30 | 3.70 | - | - | - |
| 31 Mar 20 | 132.97 | 142.99 | 3.96 | - | - | - |
| 31 Mar 19 | 94.82 | 108.67 | 3.93 | - | - | - |
All values are in ₹ Cr.
Promoters & Share Holding
Promoter(s) Name
- Rajesh Shah
- Divyam Shah
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| 82.50% | 60.61% |
About Company
Headquartered in Mumbai, Eurobond is engaged in the manufacturing and supplying of Aluminium Composite Panels (ACP) globally. ACPs are kind of panels, which are widely used as an exterior covering of commercial buildings and corporate houses. Eurobond manufacture varieties of ACPs in different colors, designs, and textures for its customers through the quality-controlled production method. The company's business segments include - i) Government Contracts, ii) Export Business, iii) Distributors, iv) Private Institution Tenders.
Eurobond has been exporting products in the USA, South Africa, Uganda, Nigeria, Tanzania, Sri Lanka, and Nepal since 2014. The company has been recognized as One Star Export House by the Ministry of Commerce and Industry and is also an annual member of the Indian Green Building Council (IGBC).
The company's registered office is in Mumbai and sales offices and warehouses are located at Bhiwandi, Ahmedabad, Nagpur, Delhi, Lucknow, Raipur, Kolkata, and Indore.
Euro Panel Products Limited IPO Subscription Details
| As on | QIB | NII bNII sNII | Retail | Total |
|---|---|---|---|---|
| Shares Offered / Reserved | 2,836,000 | <span>2,836,000</span> | 500,000 | 5,672,000 |
Day 1 -14-12-21 06:00 PM | 0.07 x | <span>0.52 x</span> | 0.01 x | 0.30 x |
Day 2 -15-12-21 06:00 PM | 1.12 x | <span>1.00 x</span> | 0.08 x | 1.07 x |
Day 3 -16-12-21 06:00 PM | 1.66 x | <span>1.92 x</span> | 0.14 x | 1.80 x |
Frequently Asked Questions about Euro Panel Products Limited IPO IPO
When will Euro Panel Products Limited IPO open for subscription?
The Euro Panel Products Limited IPO opens on 14 Dec, 2021 and closes on 16 Dec, 2021.
What is the investors portion for Euro Panel Products Limited IPO?
The investors' portion for QIB is 1.66 x, NII is 1.92 x, and Retail is 0.14 x.
How to apply for Euro Panel Products Limited IPO?
You can apply for Euro Panel Products Limited IPO via ASBA online through your bank account. You can also apply via UPI through stock brokers like Zerodha, Upstox, or Paytm Money.
What is the issue size of Euro Panel Products Limited IPO?
The issue size of Euro Panel Products Limited IPO is approx ₹6,500,000 Eq Shares of ₹10 (aggregating up to ₹45.50 Cr)#Fresh Issue: 6,500,000 Eq Shares of ₹10 (aggregating up to ₹45.50 Cr) crores.
What is the price band of Euro Panel Products Limited IPO?
The price band for Euro Panel Products Limited IPO is ₹70 per equity share to ₹undefined.
What is the lot size of Euro Panel Products Limited IPO?
The minimum bid (lot size) for Euro Panel Products Limited IPO is N/A shares with an investment of approx ₹140,000 .
What is the allotment date of Euro Panel Products Limited IPO?
The allotment date for Euro Panel Products Limited IPO is 21 Dec, 2021.
What is the listing date of Euro Panel Products Limited IPO?
The listing date for Euro Panel Products Limited IPO is expected to be 24 Dec, 2021.
What is the GMP of Euro Panel Products Limited IPO?
The latest Grey Market Premium (GMP) for Euro Panel Products Limited IPO is being updated regularly on IPOROCK.
Parth D.
Founder & Lead Analyst
Parth D. is a software engineer and financial analyst who brings a quantitative edge to IPO tracking. With deep expertise in algorithmic trading and financial tool development, he builds the technology that powers IPORock's real-time data engines. He has been tracking the Indian market since 2018.