Euro Panel Products Ltd. IPO — GMP, Details & Subscription

IPO Details

Open Date

14 Dec 2021

Close Date

16 Dec 2021

Allotment

21 Dec 2021

Listing Date

24 Dec 2021

Exchange

NSE SME

Price Band

₹70

Listing Price

See chart

Allotment Status

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Price Band

₹70

Per share

Face Value

₹10 per share

Lot Size

2,000 Shares

per lot

Issue Size

65,00,000 shares (aggregating up to ₹45.50 Cr)

Total offering

Issue Type

Fixed Price IPO

Min Investment

₹140,000

1 lot

Pre-IPO Holding

1,80,00,000 shares

Promoters

Post-IPO Holding

2,45,00,000 shares

Promoters

UPI Deadline

2021-12-16

Mandate

Anchor AllotmentMon, 13 Dec 2021

Basis of AllotmentTue, 21 Dec 2021

Refund InitiationWed, 22 Dec 2021

Demat CreditThu, 23 Dec 2021

Listing DayFri, 24 Dec 2021

UPI Mandate Deadline2021-12-16

Sale TypeFresh Capital

Net Offer to Public61,72,000 shares (aggregating up to ₹43.20 Cr)

Market Maker Quota3,28,000 shares (aggregating up to ₹2.30 Cr)

QIB Quota50% of Net Issue

HNI / NII Quota15% of Net Issue

Retail Quota35% of Net Issue

Check AllotmentClick here →

Subscription Rate Final

Euro Panel Products Ltd. IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 16 Dec 2021.

QIB

1.00x

Over

NII/HNI

1.00x

Over

Retail

1.00x

Over

Total

1.00x

Over

Category	Subscription	Shares Offered	% of Total	Amount (₹Cr)
Market Maker	Awaited	328,000	—	₹2.30
QIB	Over 1.00x	—	—	—
NII / HNI	Over 1.00x	—	—	—
Retail	Over 1.00x	—	—	—
Total	1.00x	6,500,000	100%	₹45.50

IPO Shares Offered

Euro Panel Products Ltd. IPO total issue size: ₹45.50 Cr.

Category	Shares Offered	Amount (₹Cr)	Size (%)
Market Maker	328,000	₹2.30	5.05%
Total	6,500,000	₹45.50	100.00%

* Based on upper price band ₹70 per share

Lot Size & Investment

Lot Size

2,000

Shares per Lot

Issue Price

₹70.00

Upper Band

Min Investment

₹140,000

1 Lot

Application	Lots	Shares	Amount
Retail (Min — 2 Lots)	2	4,000	₹280,000
Retail (Max — 13 Lots)	13	26,000	₹1,820,000
S-HNI (Min — 14 Lots)	14	28,000	₹1,960,000
B-HNI (Min — 68 Lots)	68	136,000	₹9,520,000

* Issue Price ₹70 × Lot Size 2,000 shares

IPO Schedule

Anchor

13 Dec 2021

✓ Done

IPO Open

14 Dec 2021

✓ Done

IPO Close

16 Dec 2021

✓ Done

Allotment

21 Dec 2021

✓ Done

Refunds

22 Dec 2021

✓ Done

Demat Credit

23 Dec 2021

✓ Done

Listing Day

24 Dec 2021

✓ Done

₹70.00

INR · NSE

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Issue ₹70.00 Live Price

About Euro Panel Products Ltd.

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.Competitive Strengths:Brand ImageEnthusiastic and experienced workforceWidespread sales and distribution networkInvestment in R&D and focus on innovations

Objects of the Issue

1 Meeting incremental working capital requirements

2 Repayment of unsecured loan availed by the company

3 General corporate purposes

Euro Panel Products Ltd. Financials (Amount in Crore)

Revenue from Operations

₹143.0

31-Mar-20

₹143.3

31-Mar-21

₹31.9

30-Jun-21

Profit After Tax (PAT)

₹4.0

31-Mar-20

₹3.7

31-Mar-21

₹1.9

30-Jun-21

Particulars	30-Jun-21	31-Mar-21	31-Mar-20
Revenue from Operations	31.91	143.30	142.99
EBITDA	N/A	N/A	N/A
Profit After Tax (PAT)	1.88	3.70	3.96
Net Worth	N/A	N/A	N/A
Total Assets	153.18	145.21	132.97
Reserves & Surplus	N/A	N/A	N/A
Borrowings	N/A	N/A	N/A
EBITDA Margin (%)	N/A	—	—
PAT Margin (%)	N/A	—	—

Issue Structure & Shareholding

Total Shares Offered65,00,000 (100.00%)

Net Offer to Public61,72,000 shares (aggregating up to ₹43.20 Cr)

Reserved for Market Maker3,28,000 shares (aggregating up to ₹2.30 Cr)

Pre-Issue Promoter Holding1,80,00,000 shares

Post-Issue Promoter Holding2,45,00,000 shares

P/BV RatioN/A

RoEN/A

RoCEN/A

Debt / EquityN/A

Script CodeN/A

Registrar & Lead Managers

IPO Registrar

MUFG Intime India Pvt.Ltd.

+91-22-4918 6270

europanel.ipo@linkintime.co.in

https://linkintime.co.in/Initial_Offer/public-issues.html

Check Allotment

Book Running Lead Managers

Fedex Securities Pvt.Ltd.

GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.

IPO Subscription FAQs

How much Euro Panel Products Ltd. IPO subscribed? ▲

Euro Panel Products Ltd. IPO is subscribed 1.00 times by Dec 16, 2021. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor Category	Subscription
Qualified Institutional (QIB)	1.00x
Non Institutional (NII/HNI)	1.00x
Retail Individual	1.00x
Total Subscription	1.00x

What is Euro Panel Products Ltd. IPO retail subscription status? ▼

The Euro Panel Products Ltd. IPO retail category is subscribed 1.00 times as of 16 Dec 2021. The retail portion is oversubscribed.

How to subscribe Euro Panel Products Ltd. IPO? ▼

Subscribe via your broker app using ASBA or UPI. Opens 14 Dec 2021 and closes 16 Dec 2021. Min investment: ₹140,000 (1 lot = 2,000 shares). UPI mandate: 2021-12-16.

How many times Euro Panel Products Ltd. IPO subscribed? ▼

The Euro Panel Products Ltd. IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Euro Panel Products Ltd. IPO allotment? ▼

Check allotment on the registrar website (MUFG Intime India Pvt.Ltd.) at https://linkintime.co.in/Initial_Offer/public-issues.html. Enter your PAN, application number or DP/Client ID. Allotment date: 21 Dec 2021. Refunds: on 22 Dec 2021.

When Euro Panel Products Ltd. IPO will be listed? ▼

The Euro Panel Products Ltd. IPO listing date is 24 Dec 2021, Friday. Listed on: NSE SME. Issue price: ₹70. Estimated listing: ₹70. GMP: NIL.

When Euro Panel Products Ltd. IPO close? ▼

The Euro Panel Products Ltd. IPO closes on 16 Dec 2021, Thursday. UPI mandate: 2021-12-16. Allotment: 21 Dec 2021. Listing: 24 Dec 2021.

Quick Actions

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Live Price LIVE

Last Price₹70.00

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Issue Price₹70.00

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Quick Summary

StatusListed

Issue Price₹70

Face Value₹10

Lot Size2,000 Sh

Min. Amount₹140,000

GMPNIL

Est. Listing₹70

Subscribed1.00x

Open Date14 Dec 2021

Close Date16 Dec 2021

Allotment21 Dec 2021

Listing Date24 Dec 2021

ExchangeNSE SME

UPI Deadline2021-12-16