Euro Panel Products was incorporated on December 18, 2013. The company manufactures varieties of ACPs in different colors, designs, and texture to cater to the varied needs of customers
| Bidding Dates |
|---|
| 14 Dec 2021 - 16 Dec 2021 |
| Subscription |
|---|
| 1.8x Oversubscribed |
| Minimum Investment | Minimum Lot | Maximum Lot | Lot Size | Number of Shares | Issue Price | Post Issue Promoter Holding % | Issue Size | IPO Document |
|---|---|---|---|---|---|---|---|---|
| ₹1,40,000 | 1 | 1 | 2000 | 6.5 M | ₹70 | 73.47 % | ₹455.0 M | RHP DOC |
Euro Panel Products IPO SUBSCRIPTION STATUS
16 Dec '21Euro Panel Products IPO overall subscription rate was 1.8 times the total available shares
Euro Panel Products IPO retail subscription rate was 1.92 times in the retail segment
Euro Panel Products IPO non-institutional investor subscription rate was 1.66 times in the non-institutional investor category
Euro Panel Products IPO Employees subscription rate was 0.14 times in the Employees category
| Day | Retail Individual Investor | HNI (NII) Investors | Qualified Institutional Buyers | Employees |
|---|---|---|---|---|
| Category Reservation | 50% | 50% | - | - |
14 Dec 2021 (Day 1) | 0.52x | 0.07x | - | 0.01x |
15 Dec 2021 (Day 2) | 1x | 1.12x | - | 0.08x |
16 Dec 2021 (Day 3) | 1.92x | 1.66x | - | 0.14x |
Euro Panel Products FINANCIALS
| Period | Net Profit (Rs in millions) | Revenue from operations (Rs in millions) | Cash Flow from operations (Rs in millions) | Free Cash flow (Rs in millions) |
| 3MFY22 | 18.8 | 314.4 | -35.6 | -36.5 |
| FY21 | 37.0 | 1,422.5 | 67.3 | 29.6 |
| FY20 | 39.7 | 1,423.8 | 98.9 | -2.3 |
| FY19 | 39.4 | 1,080.2 | 62.1 | 30.5 |
Euro Panel Products IPO SUBSCRIPTION STATUS DETAILS
Euro Panel Products had 6.5 M shares on offer
Euro Panel Products IPO offer price was ₹70
Euro Panel Products IPO minimum Investment was ₹140000
Euro Panel Products IPO issue size was ₹ 455.0 M
Euro Panel Products had a minimum lot size of 2000 Shares per application
Euro Panel Products NUMBER OF SHARES ON OFFER
Euro Panel Products IPO IMPORTANT DATES
| Issue Open Date | 14 Dec 2021 |
| Issue close Date | 16 Dec 2021 |
| Allotment Date | 21 Dec 2021 |
| Refund Date | 22 Dec 2021 |
| Demat Account Credit Date | 23 Dec 2021 |
| Listing Date | 24 Dec 2021 |
| Listing on Exchange(s) | NSE |
| Euro Panel Products Allotment Status | Exchange |
Euro Panel Products IPO subscription opened on 14 Dec 2021, and closed on 16 Dec 2021
IPO allotment for Euro Panel Products was finalized on Tuesday, 21 Dec 2021
IPO listing for Euro Panel Products was on NSE on Friday, 24 Dec 2021
Euro Panel Products IPO LISTING GAINS
| Issue Price (adjusted) | 70.0 |
| Listing Open Price | 70.0 |
| Listing Close Price | 71.4 |
| Listing Gain% | 0.0% |
| Current Gain% | 135.7% |
Euro Panel Products Peer
| Stock | Stock Price | Market Cap (Rs crore) | PE TTM | PEG TTM | PS TTM | ROE% | ROA% | Annual Revenue (Rs crore) | Annual Revenue Growth % | Annual Net Profit (Rs crore) | Annual Net Profit Growth % | EPS TTM | EPS TTM Growth % |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Euro Panel Products Ltd. | 165 | 404.2 | 15.2 | 0.3 | 0.8 | 16.6 | 6.8 | 505 | 26.6 | 10.8 | 44.1 | ||
| Hindalco Industries Ltd. | 1059.6 | 238116.1 | 14.5 | -4.6 | 0.8 | 9.8 | 3.8 | 277833 | 15.2 | 13391 | -16.3 | 73 | -3.1 |
| Vedanta Aluminium Metal Ltd. | 470 | 183807.8 | 0 | -192.6 | 0 | 0 | -28.4 | ||||||
| Vedanta Ltd. | 278.8 | 109041.2 | 5.5 | 0.2 | 1 | 35 | 7.4 | 79987 | -48.9 | 17391 | 16 | 50.3 | 35.1 |
| National Aluminium Company Ltd. | 381 | 69975.7 | 10.4 | 0.6 | 3.6 | 26.8 | 21.8 | 18508.9 | 8 | 5797 | 10 | 36.8 | 17.8 |
| CMR Green Technologies Ltd. | 225.6 | 4941.9 | 13.9 | 5.5 | 8659.2 | 29.3 | 212.4 | 49.1 |
Euro Panel Products INFORMATION ON IPO ISSUE
About Euro Panel Products
Euro Panel Products was incorporated on December 18, 2013. The company manufactures varieties of ACPs in different colors, designs, and texture to cater to the varied needs of customers
Object of the Issue
- Meeting incremental working capital requirements
- Repayment of unsecured loan availed by the company
- General corporate purposes
Euro Panel Products - PROMOTERS
| Name |
|---|
| Rajesh Shah |
| Divyam Shah |
Euro Panel Products Lead Manager
Fedex Securities Private Limited
mb@fedsec.in
Euro Panel Products Registrar to the Offer
Link Intime India Private Limited
europanel.ipo@linkintime.co.in
Euro Panel Products Strengths
Brand image
The brand name is what differentiates the company in the marketplace, it gives a competitive edge
Collaborative and experienced work force
The employees are enthusiastic to accept new challenges which helps the organization to grow
Widespread geographical reach
The company has sales offices located at different regions in the country to channelize the strategic marketing plan
Euro Panel Products Risks
Subject to pricing
Volatility in the supply and pricing of raw materials may have an adverse effect on the business
Competitive market
The company operates in a highly competitive industry
IPO FAQs
The promoters of the company are Rajesh Shah and Divyam Shah.
The category allocation of qualified institutional buyers is 0.0%, the category allocation of non individual investors or high networth individuals is 50.0% and for retail investors it is 50.0%.
The price band of the IPO is Rs 70.0 - 70.0.
The IPO application opens on Dec 14, 2021 and closes on Dec 16, 2021.
The minimum lot size for the IPO is 2000. The maximum lot size for the IPO is 2000.
For all category investors, the minimum application amount for this IPO is Rs. 140,000.0, the maximum value for this IPO is Rs 140,000.0.
This IPO will be allotted on Dec 21, 2021.
The refund will be credited to your account on Dec 22, 2021.
The allotted shares will be credited to your demat on Dec 23, 2021.
Euro Panel Products Ltd.’s shares listed on the stock exchanges on Dec 24, 2021.