Euro Pratik Sales , the decorative laminates and wall panels company, had made its stock market debut today, September 23. The shares listed at nearly 11% premium. Investors on both BSE and NSE now have access to the stock following a public offering and allotment process that concluded September 19.
Euro Pratik shares opened at Rs 272.10 on the NSE and Rs 273.45 on the BSE, marking a jump of around 11% from the IPO price.
Euro Pratik Sales IPO: Key highlights of the issue
The company’s initial public offering (IPO) ran from September 16 to September 18. Euro Pratik Sales raised Rs 451.31 crore through the fresh issue of 1.83 crore equity shares.
The IPO was priced in the band of Rs 235-247 per share with a lot size of 60 shares. The offering was managed by Axis Capital and DAM Cap