EURO PANEL PRODUCTS LIMITED
	CIN: U28931MH2013PLC251176

Our Company was originally incorporated as a Private Limited Company in the name of "Archer Trading House Private Limited" under the provisions of the Companies Act, 1956 vide Certificate of Incorporation dated December 18, 2013 bearing Corporate Identification Number U51101MH2013PTC251176 issued by the Registrar of Companies, Maharashtra, Mumbai. Subsequently, the name of our Company was changed to "Euro Panel Products Private Limited" pursuant to the special resolution passed by the Shareholders of our Company at the Extra-Ordinary General Meeting held on August 18, 2014. The Deputy Registrar of Companies Mumbai issued a fresh Certificate of Incorporation dated October 22, 2014, upon change of the name of the Company, bearing Corporate Identification Number U28931MH2013PTC251176. Our Company was converted into a Public Limited Company pursuant to the special resolution passed by the Shareholders of our Company at the Extra-Ordinary General Meeting held on August 25, 2021 and consequently upon conversion, the name of our Company was changed to "Euro Panel Products Limited" vide a fresh Certificate of Incorporation dated September 21, 2021, bearing Corporate Identification Number U28931 MH2013PLC251176 issued by the Registrar of Companies, Mumbai. For further details, please refer to chapter titled "History and Certain Corporate Matters" beginning on page 124 of the Prospectus.

INITIAL PUBLIC ISSUE OF 65,00,000 EQUITY SHARES OF FACE VALUE OF RS. 10 00/ EACH ("EQUITY SHARES") OF EURO PANEL PRODUCTS LIMITED ("EURO" OR "THE COMPANY" OR THE "ISSUER") FOR CASH AT A PRICE OF RS. 70.00 PER EQUITY SHARE (THE "ISSUE PRICE"). (INCLUDING A PREMUIM OF RS. 60.00/- PER EQUITY SHARE). AGGREGATING RS. 4,515,00 LAKHS (THE ISSUE), OF WHICH 5,00,000 EQUITY SHARES OF FACE VALUE OF RS. 10.00/- EACH FOR CASH AT A PRICE OF RS. 63.00/-* EACH AGGREGATING TO RS. 315.00 LAKHS WILL BE RESERVED FOR SUBSCRIPTION BY ELIGIBLE EMPLOYEES (OTHER THAN PROMOTER AND PROMOTER GROUP) OF THE ISSUER (THE "EMPLOYEES RESERVATION PORTION") AND 3,28,000 EQUITY SHARES OF FACE VALUE OF RS. 10.00/- EACH FOR CASH AT A PRICE OF RS. 70.00/- EACH AGGREGATING 7 229.60 LAKHS WILL BE RESERVED FOR SUBSCRIPTION BY THE MARKET MAKER TO THE ISSUE (THE "MARKET MAKER RESERVATION PORTION"). THE ISSUE LESS MARKET MAKER RESERVATION PORTION I.E. ISSUE OF 56,72,000 EQUITY SHARES OF FACE VALUE OF RS. 10.00/- EACH FOR CASH AT A PRICE OF RS. 70.00/- PER EQUITY SHARE. AGGREGATING TO RS. 3970.40 LAKHS IS HEREINAFTER REFERRED TO AS "THE NET ISSUE". THE ISSUE AND THE NET ISSUE SIZE WILL CONSTITUTE 26.53 % AND 25.19 % RESPECTIVELY OF THE POST ISSUE PAID UP EQUITY SHARE CAPITAL OF THE COMPANY.

Note: The Net Issue Size includes Net Issue and (reservation for eligible Employees (Other Than Promoter and Promoter Group).

*Our Company in consultation with the Lead Manager, have offered a discount of Rs. 7.00/- per Eouity Share to Eligible Employees bidding in the Employee Reservation Portion.

PROPOSED LISTING

The Equity Shares of the Company offered through the Prospectus dated November 23, 2021 are proposed to be listed on the emerge Platform National Stock Exchange of India Limited ("NSE EMERGE") in terms of the Chapter IX of SEBI (ICOR) Regulations, 2018 as amended from time to time. Our company has received In-Principle Approval Letter from NSE for listing our shares and also for using its name in the offer document jar listing of our shares on Emerge Platform of National Stock Exchange of India Limited. It is to be distinctly understood that the permission given by NSE should not in any way be deemed or construed that the Offer Document has been cleared or approved by NSE nor does it certify the correctness or completeness of any of the contents of the Offer Document. The Investors are advised to refer to the Prospectus for the full text of the "Disclaimer Clause of the SME Platform of NSE" on page 221 and 222 of the Prospectus. For the purpose of this issue the Designated Stock Exchange will be National Stock Exchange of India Limited ("NSE"). The trading is proposed to be commenced on or about December 24, 2021 (Subject to receipt of listing and trading approval from NSE).

This issue is being made through Fixed Price Process in terms of Chapter IX of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018 ("SEBI (ICDR) Regulations") as amended and Rule 19(2)(b)(i) of the Securities Contracts (Regulation) Rules, 1957, as amended (the ^"SCRR") According to Regulation 253(2) of the SEBI (ICDR) Regulations, 2018 as amended from time to time, the allocation in the Net Issue to the Public category is made as follows: (a) minimum 50% of the net issue of shares shall be allocated to Retail Individual Investors and (b) remaining to: (i) Individual applicants other than retail individual investors: and (ii) other investors including corporate bodies or institutions, irrespective of number of specified securities applied for: provided that the unsubscribed portion in either of categories specified in clauses (a) or (b) may be allocated to applicants in the other category If the retail individual investor category is entitled to more than allocated portion on proportionate basis, accordingly the retail individual investors shall be allocated that higher percentage.

In the event of under-subscription in the Employee Reservation Portion (if any), the unsubscribed portion will be available for allocation and allotment, proportionately to all Eligible Employees who have Bid in excess of Rs. 200,000, subject to the maximum value of Allotment made to such Eligible Employee not exceeding Rs. 500,000. The unsubscribed portion, if any, in the Employee Reservation Portion (after allocation Rs. 500,000), shall be added to the Net Issue. The Employee Reservation Portion shall not exceed 5% of our post- Issue paid-up Equity Share capital For further details, please refer to section titled "Issue Structure" beginning on page no. 237 of the Prospectus.

All investors have participated in this issue through Application Supported by Blocked Amount ("ASBA") process including through Unified Payment Interlace ("UPI") mode (as applicable) by providing the details of the respective bank accounts / UPI ID as applicable in which the corresponding application amounts were blocked by Self Certified Syndicate Banks (the "SCSBs") / Sponsor Bank as the case may be.

DETAILS OFTHE APPLICATION:

The Issue has received 3,480 applications (before rejections and before bids not banked) for 65,00,000 Equity Shares (Including Market Maker Application of 3,28,000 Equity Shares) resulting 1.76 times subscription. The 1,443 applications for 28,86,000 Equity Shares were bids not banked and 593 applications for 12,24,000 Equity Shares were duplicate bids. The details of the applications received in the Issue from Retail Individual Investors, Non-Institutional Investors, Market Maker and Eligible Employees (before and after technical rejections & withdrawal) are as follows:

DETAILS OF APPLICATIONS RECEIVED (Before Technical Rejection and alter amounts not blocked)

DETAILS OF VALID APPUCATIONS:

ALLOCATION: The Basis of Allotment was finalized in consultation with the Designated Stock Exchange i.e. National Stock Exchange of India Limited on December 21, 2021.

Allocation to Market Maker (Alter Technical Rejections): The Basis of Allotment to the Market Maker at the issue price of Rs. 70.00/- per Equity Share, was finalised in consultation with NSE EMERGE. The category was subscribed by 1.00 times. The total number of shares allotted. In this category is 3,26,000 Equity shares In full out of reserved portion of 3,28,000 Equity Shares.

Allocation to Eligible Employees (After Technical Rejections): The Basis of Allotment to the Eligible Employees, at the issue price of Rs. 70.00/- per Equity Share having a discount of Rs. 7.00/- per equity share, was finalised in consultation with NSE EMERGE. The category was subscribed by 0.10 times. The total number of shares allotted in this category is 52,000 Equity shares out of reserved portion of 5,00,000 Equity Shares.

C. Allocation to Retail Individual Investors (After Technical Rejections): The Basis of Allotment to the Retail Individual Investors, at the issue price of Rs. 70000* per Equity Share, was finalized in consultation with NSE EMERGE. The category was subscribed by 0.88 times. The total number of shares allotted in this category is 24,98.000 Equity shares out of reserved portion of 28,36,000 Equity Shares.

D. Allocation to Non- Retail Individual Investors (After Technical Rejections): The Basis of Allotment to the on-Retail Individual Investors, at the issue price of Rs. 70.00/- per Equity Share, was finalized in consultation with NSE EMERGE. The category was subscribed by 1.19 times The total number of shares allotted in this category is 36,22,000 Equity shares out of reserved portion of 28,36,000 Equity Shares.

The Board of Directors of the Company at its meeting held on December 21, 2021 has taken on record the Basis of Allotment of Equity Shares, as approved by the Designated Stock Exchange viz. NSE EMERGE and has authorized the online corporate action for the allotment of the Equity Shares in dematerialised form to various successful applicants.

The CAN-cum-Refund Orders and Allotment Advice and/or Notices are being dispatched to the address of the applicants as registered with the depositories/ as filled in the application form on or before December 21, 2021. Further, the instructions to Self-Certified Syndicate Banks being processed on or prior to December 21, 2021 for unblocking fund. In case the same is not received within Four (4) days, investors may contact at the address given below. The Equity Shares allocated to successful applicants are being credited to their beneficiary accounts subject to validation of the account details with the depositories concerned. The Company is taking steps to get the Equity Shares admitted for trading on the NSE EMERGE within Six (6) working days from the date of the closure of the Issue. The trading is proposed to be commenced on or before December 24, 2021 subject to receipt of listing and trading approvals from the National Stock Exchange of India Limited ("NSE").

INVESTORS PLEASE NOTE

The details of the allotment made would also be hosted on the website of the Registrar to the Issue. Link Intime India Private Limited at www.linkmtime.co.in. All future correspondence in this regard may kindly be addressed to the Registrar to the Issue quoting full name of the first/ sole applicants, serial number of the application form, number of shares applied for and Bank Branch where the application had been lodged and payment details at the address of the Registrar given below:

	LINK INTIME INDIA PRIVATE LIMITED
	C 101,247 Park, LBS Marg, Vikhroli (West), Mumbai-400083, Maharashtra. India
	Tel No.: +91 22 4918 6200 Fax No.: 022-4918 6060 E-mail: europanel.ipo@linkintime.co.in Website: www.linkintime.co.in
	Contact Person: Shanti Gopalkrishnan SEBI Registration Number: INR000004058 Investor Grievance E-Mail: europanel.ipo@linkintime.co.in

THE LEVEL OF SUBSCRIPTION SHOULD NOT BE TAKEN TO BE INDICATIVE OF EITHER THE MARKET PRICE OF THE EQUITY SHARES ON LISTING OR THE BUSINESS PROSPECTS OF EURO PANEL PRODUCTS LIMITED.

Note: All capitalized terms used and not defined herein shall have the respective meaning assigned to them in the Prospectus dated November 23, 2021.

The Equity Shares offered in this Offer have not been and will not be registered under the US Securities Act 1933, as amended (the "Securities Act") or any state securities laws in the United States and may not be offered or sold within the United States or to, or for the account or benefit of. "U.S. persons" (as defined in Regulation S of the Securities Act), except pursuant to an exemption from, or in a transaction not subject to. the registration requirements of the Securities Act. Accordingly, the Equity Shares will be offered and sold (i) within the United States only to persons reasonably believed to be "Qualified Institutional Buyers" (as defined in Rule 144A of the Securities Act) under Section 4(a) of the Securities Act, and (i) outside the United States in offshore transaction in reliance on Regulation S under the Securities Act and the applicable laws of the jurisdiction where those offer and sales occur.

The Equity Shares have not been and will not be registered, listed or otherwise qualified in any other jurisdiction outside India and may not be offered or sold, and Application may not be made by persons in any such jurisdiction. except in compliance with the applicable laws of such jurisdiction.