
Euro Panel Products Limited IPO
NSE SMEListed On: Dec 24, 2021 at ₹ 70.0
₹ 280000 /4000 Shares
*Min Investment
14 Dec, 2021
Open Date16 Dec, 2021
Close Date21 Dec, 2021
Allotment Date24 Dec, 2021
Listing DateIPO Issue Details
- Issue Price ₹70 per equity share
- Face Value ₹10 Per Equity Share
- Issue Price 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) - Listing at NSE SME
- List Price 70.0
- Listing Date 2021-12-24
- Lead Manager Fedex Securities Limited
- Registrar Link Intime India Private Ltd
IPO Details
- Retail Portion N/A
IPO Details
Euro Panel Products Limited IPO is an SME IPO, priced at ₹70 per equity share. The equity shares have a face value of ₹10 Per Equity Share each and will be listed on the NSE SME platform.
The IPO bidding window is open from Dec 14, 2021 to Dec 16, 2021. The allotment is expected to be finalized on Dec 21, 2021, and the tentative listing date is Dec 24, 2021.
The registrar of the IPO is Link Intime India Private Ltd, and
IPO Subscription Analysis And Details
| As on | QIB / NII | Retail | Employee | Total |
|---|---|---|---|---|
| Shares Offered / Reserved | 2,836,000 | 2,836,000 | 500,000 | 5,672,000 |
Day 1 14-12-21 06:00 PM | 0.07 x | 0.52 x | 0.01 x | 0.30 x |
Day 2 15-12-21 06:00 PM | 1.12 x | 1.00 x | 0.08 x | 1.07 x |
Day 3 16-12-21 06:00 PM | 1.66 x | 1.92 x | 0.14 x | 1.80 x |
Valuations
Company Financials
| 30-Jun-21 | 31-Mar-21 | 31-Mar-20 | 31-Mar-19 | |
|---|---|---|---|---|
| Assets | 153.18 | 145.21 | 132.97 | 94.82 |
| Revenue | 31.90 | 143.30 | 142.99 | 108.67 |
| Profit After Tax | 1.87 | 3.70 | 3.96 | 3.93 |
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.
- Promoter(s)
Rajesh Shah
Divyam Shah
Pre Issue Share Holding : 82.50%
Post Issue Share Holding : 60.61%
IPO - Issue Objectives
Meeting incremental working capital requirements
Repayment of unsecured loan availed by the company
General corporate purposes
IPO - FAQs
Ans. Euro Panel Products Limited IPO is a SME IPO. The issue is priced at ₹70 per equity share. The minimum order quantity is 2000 Shares. The IPO opens on Dec 14, 2021, and closes on Dec 16, 2021. Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Ans. The Euro Panel Products Limited IPO opens on Dec 14, 2021 and closes on Dec 16, 2021.
Ans. You can track the real-time subscription numbers using the links below:
Ans. The size of Euro Panel Products Limited IPO is 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).
Ans. The Euro Panel Products Limited IPO price band is set between ₹70 per equity share.
Ans. To apply for Euro Panel Products Limited IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Euro Panel Products Limited IPO in the List of IPOs
- - Press Apply Button
- - Select Your Demat Account
- - Select Your Shares Quantity and Submit
- - Track Your IPO Status
Ans. The share allotment date of Euro Panel Products Limited IPO is Dec 21, 2021.
Ans. The Euro Panel Products Limited IPO will be listed on Dec 24, 2021.
Ans. Follow the steps to check the Euro Panel Products Limited IPO allotment status online.