| Basis of Allotment |
| THIS IS A PUBLIC ANNOUNCEMENT FOR INFORMATION PURPOSES ONLY AND IS NOT A PROSPECTUS ANNOUNCEMENT AND DOES NOT CONSTITUTE AN INVITATION OR OFFER TO ACQUIRE, PURCHASE OR SUBSCRIBE TO SECURITIES. |
| NOT FOR RELEASE PUBLICATION OR DISTRIBUTION DIRECTLY OR INDIRECTLY OUTSIDE INDIA. |
| Initial public offer of equity shares on the main board of BSE Limited ("BSE") and National Stock Exchange of India Limited ("NSE" and together with BSE the "Stock Exchanges") in compliance with Chapter II of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations 2018 as amended (SEBI ICDR Regulations). |
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| EURO PRATIK SALES LIMITED |
Our Company was originally incorporated on January 19, 2010 at Maharashtra, India as 'Better Life Mission Multitrade Private Limited', a private limited company under the Companies Act, 1956 and was granted a certificate of incorporation by the Registrar of Companies, Maharashtra, at Mumbai on January 19, 2010. Subsequently, the name of our Company was changed to 'Euro Pratik Sales Private Limited' pursuant to a special resolution adopted by our Shareholders in the EGM held on April 14, 2017, and a fresh certificate of incorporation consequent upon change of name was issued to our Company by the RoC on May 2, 2017. Our Company was then converted into a public limited company under the Companies Act pursuant to a special resolution adopted by our Shareholders in the EGM held on August 22, 2024, consequent to which, the name of our Company was changed to 'Euro Pratik Sales Limited' and afresh certificate of incorporation, consequent upon change of name, was issued to our Company by the Registrar of Companies, Central Processing Centre on October 11, 2024. For further details in relation to changes in the registered office of our Company, see "History and Certain Corporate Matters" beginning on page 217of the prospectus dated September 18, 2025 ("Prospectus") filed with the RoC.
| Registered and Corporate Office: 601-602, 6th Floor, Peninsula Heights C.D. Barfiwala Lane, Andheri (West), Mumbai City, Mumbai 400 058, Maharashtra, India; Contact Person: Shruti Kuldeep Shukla, Company Secretary and Compliance Officer |
| Tel: +91 22 2624 4574; E mail: cs@europratik.com; Website: www.eurepratik.com; Corporate Identity Number: U74110MH2010PLC199072 |
| OUR PROMOTERS: PRATIK GUNVANTRAJ SINGHVI, JAI GUNVANTRAJ SINGHVI, PRATIK GUNWANTRAJ SINGHVI HUF AND JAI GUNWANTRAJ SINGHVI HUF |
Our Company has filed the Prospectus dated September 18, 2025 with the RoC, and the Equity Shares are proposed to be listed on the BSE Limited ("BSE") and National Stock Exchange of India Limited ("NSE") and trading is expected to commence on September 23, 2025.
| BASIS OF ALLOTMENT |
INITIAL PUBLIC OFFERING OF 1,82,74,798 EQUITY SHARES OF FACE VALUE OF RS. 1 EACH ("EQUITY SHARES") OF EURO PRATIK SALES LIMITED (THE "COMPANY" OR THE "ISSUER") FOR CASH ATAPRICE OF RS. 247 PER EQUITY SHARE (INCLUDING APREMIUM OF RS. 246 PER EQUITY SHARE) (THE "OFFER PRICE") AGGREGATING TO RS. 4,513.15 MILLION THROUGH AN OFFER FOR SALE (THE "OFFER") COMPRISING 11,44,070 EQUITY SHARES OF FACE VALUE OF RS. 1 EACH AGGREGATING TO RS. 282.54 MILLION BY PRATIK GUNVANTRAJ SINGHVI, 11,29,047 EQUITY SHARES OF FACE VALUE OF RS. 1 EACH AGGREGATING TO RS. 278.83 MILLION BY JAI GUNVANTRAJ SINGHVI, 63,43,612 EQUITY SHARES OF FACE VALUE OF RS. 1 EACH AGGREGATING TO RS. 1,566.62 MILLION BY PRATIK GUNWANTRAJ SINGHVI HUF, 63,43,611 EQUITY SHARES OF FACE VALUE OF RS. 1 EACH AGGREGATING TO RS. 1,566.62 MILLION BY JAI GUNWANTRAJ SINGHVI HUF (THE "PROMOTER SELLING SHAREHOLDERS"), 16,57,229 EQUITY SHARES OF FACE VALUE OF RS. 1 EACH AGGREGATING TO RS. 409.27 MILLION BY DIPTY PRATIK SINGHVI, 16,57,229 EQUITY SHARES OF FACE VALUE OF RS. 1 EACH AGGREGATING TO RS. 409.27 MILLION BY NISHA JAI SINGHVI (THE "PROMOTER GROUP SELLING SHAREHOLDERS", COLLECTIVELY WITH THE PROMOTER SELLING SHAREHOLDERS, THE "SELLING SHAREHOLDERS", AND EACH INDIVIDUALLY, AS A "SELLING SHAREHOLDER" AND SUCH OFFER FOR SALE OF EQUITY SHARES BY THE SELLING SHAREHOLDERS, THE "OFFER FOR SALE" AND SUCH EQUITY SHARES, THE "OFFERED SHARES"). THE OFFER INCLUDES A RESERVATION OF 55,860 EQUITY SHARES, AGGREGATING TO RS. 13.07 MILLION, FOR SUBSCRIPTION BY ELIGIBLE EMPLOYEES NOT EXCEEDING 5% OF OUR POST-OFFER PAID-UP EQUITY SHARE CAPITAL (THE "EMPLOYEE RESERVATION PORTION"). THE OFFER LESS THE EMPLOYEE RESERVATION PORTION IS HEREINAFTER REFERRED TO AS THE "NET OFFER". THE OFFER AND THE NET OFFER SHALL CONSTITUTE 17.88% AND 17.83%, RESPECTIVELY, OF THE POST-OFFER PAID-UP EQUITY SHARE CAPITAL OF OUR COMPANY. OUR COMPANY IN CONSULTATION WITH THE BRLMS, HAS OFFERRED A DISCOUNT OF 5.26% TO THE OFFER PRICE (EQUIVALENT OF713 PER EQUITY SHARE) TO ELIGIBLE EMPLOYEES BIDDING IN THE EMPLOYEE RESERVATION PORTION ("EMPLOYEE DISCOUNT")
| ANCHOR INVESTOR OFFER PRICE: RS. 247 PER EQUITY SHARE OF FACE VALUE OF RS. 1 EACH |
| OFFER PRICE: RS. 247^ PER EQUITY SHARE OF FACE VALUE OF RS. 1 EACH |
| THE OFFER PRICE IS 247 TIMES THE FACE VALUE OF THE EQUITY SHARES. |
^
A discount of Rs. 13 per Equity Share was offered to Eligible Employees bidding in the Employee Reservation Portion.| RISK TO INVESTORS: |
| For details, refer to section titled Risk Factors on cage 30 of the Prospectus. |
1. Fire Incident - On April 26, 2025, a fire incident occurred at our largest warehouse located in Swagat Complex, Rahanal Village, Bhiwandi, Mumbai, Maharashtra, which resulted in, among other things, destruction of our inventories amounting to Rs. 335.94 million (constituting 34.92% of our total inventories as at March 31, 2025). From the month of July 2025, we have resumed our business operations as they were prior to the occurrence of the Fire Incident, however, we are yet to receive insurance claims in relation to the Fire Incident, the timing and extent of recoveries remain uncertain, and we may not be fully reimbursed for all incurred losses and could adversely affect our business, results of operations and financial condition.
2. Dependency on limited contract manufacturers - We are dependent on limited number of contract manufacturers and materially dependent on our largest contract manufacturer for manufacturing of our products.
| Details of Contract Manufacturers | For the financial year ended March 31, | ||
| 2025 | 2024 | 2023 | |
| Percentage of total purchases (%) | |||
| Largest Manufacturer | 24.03 | 70.56 | 56.18 |
| Top five manufacturers | 41.72 | 87.94 | 84.26 |
| Top 10 manufacturers | 52.79 | 91.66 | 87.88 |
Loss of any of our top 10 contract manufacturers could materially and adversely affect our business, results of operations and financial condition.
3. Dependency on our Distributors - As at March 31, 2025, we supplied our products to 180 distributors across 25 states and five union territories in India (Source: Technopak Report). We depend on certain key distributors for a portion of our revenue from operations, which exposes us to a risk of distributor concentration.
| Details of Distributors | Fiscal 2025 | Fiscal 2024 | Fiscal 2023 | ||||||
| Amount (Rs. million) | %* (%) | x# (years) | Amount (Rs. million) | %* (%) | x# (years) | Amount (Rs. million) | %* (%) | x# (years) | |
| Largest distributor | 323.90 | 11.40 | 7.74 | 125.57 | 5.66 | 6.74 | 152.57 | 5.79 | 5.66 |
| Top five distributors | 736.37 | 25.91 | 6.32 | 466.94 | 21.06 | 6.60 | 532.79 | 20.21 | 4.93 |
| Top 10 distributors | 1,026.52 | 36.12 | 6.77 | 714.10 | 32.21 | 6.27 | 803.57 | 30.49 | 5.27 |
| Top 30 distributors | 1,632.51 | 57.44 | 4.98 | 1,100.86 | 49.66 | 4.96 | 1,196.22 | 45.38 | 4.42 |
Notes:
* Percentage of total revenue from operations
#
Average duration of our relationship with our distributorsAny non-performance by our distributors or a decrease in the revenue we earn from our distributors could adversely affect our business, results of operations, cash flows and financial condition
4. Dependence on sale of Decorative Wall Panels - We depend significantly on revenue from sale of Decorative Wall Panels. As a result, our business may be materially and adversely affected if we are unable to sell our Decorative Wall Panels as expected or if substitute products become available or gain wider market acceptance.
| Product | Fiscals | |||||
| 2025 | 2024 | 2023 | ||||
| (Rs. million) | (%)* | (Rs. million) | (%)* | (Rs. million) | (%)* | |
| Decorative Wall Panels | 1,879.57 | 66.13 | 1,696.80 | 76.54 | 1,742.89 | 66.12 |
| Decorative Laminates | 728.68 | 25.64 | 428.21 | 19.31 | 754.14 | 28.61 |
| Others* | 234.02 | 8.23 | 91.98 | 4.15 | 138.82 | 5.27 |
| Revenue from sale of products | 2,842.27 | 100.00 | 2,216.98 | 100.00 | 2,635.84 | 100.00 |
* Percentage of total revenue from operations.
#
Other products include interior films, adhesives and other miscellaneous products.5. Negative Cash Flows - We have experienced negative cash flows from operating activities during Fiscal 2025. If we experience similar negative cash flows from operating activities in the future, it could adversely affect our working capital requirements, our ability to operate our business and implement our growth plans, thereby adversely affecting our business, results of operations and financial condition.
| Particulars | Fiscal 2025 | Fiscal 2024 | Fiscal 2023 |
| (Rs. million) | |||
| Net cash (used in)/generated from operating activities | (306.50) | 746.79 | 570.94 |
6. Related Party Transactions - We enter into certain related party transactions in the ordinary course of our business and we cannot assure you that such transactions will not adversely affect our results of operations and financial condition.
| Particulars | Fiscal 2025 | Fiscal 2024 | Fiscal 2023 | |||
| Amount | %* | Amount | %* | Amount | %* | |
| (Rs. million) | (%) | (Rs. million) | (%) | (Rs. million) | (%) | |
| Aggregate of Related party transactions | 2,910.44 | 102.40 | 864.82 | 39.01 | 1,091.96 | 41.43 |
* Percentage of total revenue from operations.
7. Our upcoming quarterly results may fluctuate for a variety of reasons and may not fully reflect the underlying performance of our business. Further, our Restated Consolidated Financial Information does not account the impact of the recent fire incident at our largest warehouse on April 26, 2025 as the incident occurred after the latest period covered under the Restated Consolidated Financial Information i.e., financial year ended March 31, 2025. The impact of the recent fire incident on our business and results of operations will be accounted for in the results in the subsequent periods.
8. Weighted average cost of acquisition, Floor Price and Cap Price
| Type of Transaction | WACA | Floor Price | Cap Price |
| (Rs.) | (Rs. 235 is X' times the WACA) | (Rs. 247 is X' times the WACA) | |
| Weighted average cost of acquisition for last 18 months for primary/new issue of shares | 1.00 | 235 times | 247 times |
| Weighted average cost of acquisition for last 18 months for secondary sale/acquisition of shares equity/convertible securities | N.A. | N.A. | N.A. |
9. The Offer Price, market capitalization to revenue from operations ratio and price to earnings ratio based on the Offer Price of the Company may not be indicative of the market price of the Equity Shares on listing or thereafter.
| Particulars | Ratio vis-a`-vis Floor Price of Rs. 235(1) | Ratio vis-a`-vis Cap Price of Rs. 247(1) |
| Market Capitalization to Revenue from Operations Ratio (in times) | 9.68 | 10.17 |
| Price to Earnings Ratio | 31.21 | 32.80 |
Notes:
(1)
The Floor Price of Rs. 235 and Cap Price of Rs. 247 have been taken from Resolution passed in the Board Meeting dated September 9, 202510. The total market valuation of the Company considering the higher and lower price band is Rs. 24,017.00 million and Rs. 25,243.40 million, respectively.
11. Details of weighted average cost of acquisition of all Equity Shares transacted in last three (3) years and one (1) year, preceding the date of Prospectus:
| Period | Weighted average cost of acquisition per Equity Share (in Rs.) | Cap Price is x' times the weighted average cost of acquisition | Range of acquisition price per Equity Share (Lowest price -Highest price) (in Rs.) |
| Last one year preceding the date of the Prospectus | 0.74 | 333.78 | 0-100 |
| Last three years preceding the date of the Prospectus | 0.12 | 2,058.33 | 0-100 |
12. The 2 BRLMs associated with the offer have handled 58 public issues in current financial year and two preceding financial years out of which 12 issues closed below the IPO offer price on the listing date:
| Name of BRLM | Total number of Issues | Issues closed below IPO offer price on Listing date |
| Axis Capital Limited | 41 | 6 |
| DAM Capital Advisors Limited | 13 | 4 |
| Common issues of the above BRLM | 4 | 2 |
| Total | 58 | 12 |
| BID/OFFER PERIOD: |
| ANCHOR INVESTOR BID/ OFFER DATE OPENED AND CLOSED ON: MONDAY, SEPTEMBER 15, 2025 |
| BID/ OFFER OPENED ON: TUESDAY, SEPTEMBER 16, 2025 | BID/ OFFER CLOSED ON: THURSDAY, SEPTEMBER 18, 2025 |
The Offer was made through the Book Building Process, in terms of Rule 19(2)(b) of the SCRR read with Regulation 31 of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018, as amended (the "SEBI ICDR Regulations") and in compliance with Regulation 6(1) of the SEBIICDR Regulations, wherein not more than 50% of the Net Offer was available for allocation on a proportionate basis to Qualified Institutional Buyers ("QIBs", and such portion, the "QIB Portion"), and our Company, in consultation with the BRLMs, allocated 60% of the QIB Portion to Anchor Investors on a discretionary basis, in accordance with the SEBI ICDR Regulations (the "Anchor Investor Portion"), of which one-third was reserved for domestic Mutual Funds, subject to valid Bids having been received from domestic Mutual Funds at or above the Anchor Investor Allocation Price, in accordance with the SEBI ICDR Regulations. Further, 5% of the Net QIB Portion (excluding the Anchor Investor Portion) was available for allocation on a proportionate basis only to Mutual Funds, and the remainder of the Net QIB Portion was available for allocation on a proportionate basis to all QIBs, including Mutual Funds, subject to valid Bids having been received at or above the Offer Price. However, if the aggregate demand from the Mutual Funds was less than 5% of the Net QIB Portion, the balance Equity Shares available for allocation was added to the remaining QIB Portion for proportionate allocation to QIBs. Further, not less than 15% of the Net Offer was available for allocation to Non-lnstitutional Bidders in accordance with the SEBI ICDR Regulations, subject to valid Bids having been received at or above the Offer Price, out of which (a) one-third of such portion was reserved for Bidders with application size of more than Rs. 200,000 and up to Rs. 1,000,000; and (b) two-thirds of such portion was reserved for Bidders with application size of more than Rs. 1,000,000, provided that the unsubscribed portion in either of such sub-categories was allocated to Bidders in the other sub-category of Non-lnstitutional Bidders; and 35% of the Net Offer was available for allocation to Retail Individual Bidders in accordance with the SEBI ICDR Regulations, subject to valid Bids having been received at or above the Offer Price. Further, equity shares of face value of Rs. 1 each was allocated on a proportionate basis to Eligible Employees applying under the Employee Reservation Portion, subject to valid Bids having been received from them at or above the Offer Price. All Bidders (except Anchor Investors) were mandatorily required to utilize the Application Supported by Blocked Amount ("ASBA") process by providing details of their respective ASBA accounts and UPI ID in case of UPI Bidders using the UPI Mechanism, as applicable, pursuant to which their corresponding Bid Amount was blocked by the Self Certified Syndicate Banks ("SCSBs") or by the Sponsor Banks under the UPI Mechanism, as the case may be, to the extent of the respective Bid Amounts. Anchor Investors were not permitted to participate in the Offer through the ASBA process. For further details, see "Other Procedure" beginning on page 418 of the Prospectus.
The bidding for Anchor Investor opened and closed on Monday, September 15, 2025. The Company received 10 applications from 10 Anchor Investors (including 2 domestic mutual funds through 2 Mutual Fund schemes) for 63,41,460 Equity Shares. The Anchor Investor Issue Price was finalized at Rs. 247 per Equity Share. A total of 54,64,554 Equity Shares were allocated under the Anchor Investor Portion aggregating to Rs. 1,34,97,44,838.00.
The Offer received 1,18,574 applications for 1,81,04,460 Equity Shares resulting in 1.41 times subscription. The details of the applications received in the Offer from various categories are as under (before rejections):
| SI no. | Category | No of Applications received | No. of Equity Shares applied | No. of Equity Shares Reserved as per Prospectus | No. of times Subscribed | Amount (Rs.) |
| A | Eligible Employees | 2,652 | 2,39,880 | 59,827 | 4.01 | 56,101,560.00 |
| B | Qualified Institutional Bidders (excluding Anchors Investors) | 16 | 3,916,740 | 3,643,036 | 1.08 | 967,434,780.00 |
| C | Non-lnstitutional Investors - Mom than Rs. 0.20 million Up to Rs. 1.00 million | 1,289 | 1,237,500 | 910,759 | 1.36 | 305,494,800.00 |
| D | Non-lnstitutional Investors - Above Rs. 1.00 million | 335 | 4,363,320 | 1,821,518 | 2.40 | 1,077,770,640.00 |
| E | Retail Individual Investors | 114,282 | 8,347,020 | 6,375,313 | 1.31 | 2,061,066,720.00 |
| TOTAL | 118,574 | 18,104,460 | 12,810,453 | 1.41 | 4,467,868,500.00 |
Final Demand
A summary of the final demand as per NSE and BSE as on the Bid/Offer Closing Date at different Bid prices is as under:
| SR NO | RATE | SHARES | % to TOTAL | CUMULATIVE TOTAL | CUMULATIVE % TO TOTAL |
| 1 | 235 | 146,760 | 0.53 | 146,760 | 0.53 |
| 2 | 236 | 16,560 | 0.06 | 163,320 | 0.60 |
| 3 | 237 | 8,760 | 0.03 | 172,080 | 0.63 |
| 4 | 238 | 13,020 | 0.05 | 185,100 | 0.67 |
| 5 | 239 | 4,140 | 0.02 | 189,240 | 0.69 |
| 6 | 240 | 49,740 | 0.18 | 238,980 | 0.87 |
| 7 | 241 | 5,700 | 0.02 | 244,680 | 0.89 |
| 8 | 242 | 4,200 | 0.02 | 248,880 | 0.91 |
| 9 | 243 | 5,460 | 0.02 | 254,340 | 0.93 |
| 10 | 244 | 1,620 | 0.01 | 255,960 | 0.93 |
| 11 | 245 | 18,600 | 0.07 | 274,560 | 1.00 |
| 12 | 246 | 16,380 | 0.06 | 290,940 | 1.06 |
| 13 | 247 | 12,912,660 | 47.05 | 13,203,600 | 48.11 |
| 14 | CUT-OFF | 14,241,720 | 51.89 | 27,445,320 | 100.00 |
| TOTAL | 27,445,320 | 100.00 |
The Basis of Allotment was finalized in consultation with the Designated Stock Exchange, being NSE on September 19, 2025.
A. Allotment to Retail Individual Bidders (After Rejections)(including ASBA Applications)
The Basis of Allotment to the Retail Individual Bidders, who have bid at cut-off or at the Issue Price of Rs. 247 per Equity, was finalized in consultation with NSE. This category has been subscribed to the extent of 1.23 times. The total number of Equity Shares Allotted in Retail Individual Bidders category is 63,76,628 Equity Shares (which includes spillover of 1,315 Equity Shares from Employee category due to under-subscription in the Employee category) to 1,06,277 successful applicants. The category-wise details of the Basis of Allotment are as under:
| Sr. No | Category | No. of Applications Received | % of Total | Total No. of Equity Shares applied | % to Total | No. of Equity Shares Allotted per Bidder | Ratio | Total No. of Equity Shares allotted |
| 1 | 60 | 98,357 | 91.36 | 5,901,420 | 75.09 | 60 | 77:78 | 5,825,520 |
| 2 | 120 | 5,411 | 5.03 | 649,320 | 8.26 | 60 | 77:78 | 320,460 |
| 3 | 180 | 1,493 | 1.39 | 268,740 | 3.42 | 60 | 77:78 | 88,440 |
| 4 | 240 | 610 | 0.57 | 146,400 | 1.86 | 60 | 77:78 | 36,120 |
| 5 | 300 | 551 | 0.51 | 165,300 | 2.10 | 60 | 77:78 | 32,640 |
| 6 | 360 | 206 | 0.19 | 74,160 | 0.94 | 60 | 77:78 | 12,180 |
| 7 | 420 | 227 | 0.21 | 95,340 | 1.21 | 60 | 77:78 | 13,440 |
| 8 | 480 | 75 | 0.07 | 36,000 | 0.46 | 60 | 74:75 | 4,440 |
| 9 | 540 | 42 | 0.04 | 22,680 | 0.29 | 60 | 41:42 | 2,460 |
| 10 | 600 | 188 | 0.17 | 112,800 | 1.44 | 60 | 77:78 | 11,160 |
| 11 | 660 | 22 | 0.02 | 14,520 | 0.18 | 60 | 1:1 | 1,320 |
| 12 | 720 | 32 | 0.03 | 23,040 | 0.29 | 60 | 1:1 | 1,920 |
| 13 | 780 | 448 | 0.42 | 349,440 | 4.45 | 60 | 77:78 | 26,520 |
| 14 | 0 | 9,185 Allottees form Serial no 2 to 13 Additional 1(one) share | 1 | 8:9185 | 8 | |||
| TOTAL | 1,07,662 | 100.00 | 7,859,160 | 100.00 | 6,376,628 | |||
B. Allotment to Non-lnstitutional Bidders (more than Rs. 0.20 million and up to Rs. 1 million) (After Rejections) (including ASBA Applications)
The Basis of Allotment to the Non-lnstitutional Bidders (more than Rs. 0.20 million and up to Rs. 1 million), who have bid at the Issue Price of Rs. 247 per Equity Share or above, was finalized in consultation with NSE. This category has been subscribed to the extent of 1.28 times. The total number of Equity Shares allotted in this category is 910,947 Equity Shares (which includes spillover of 188 Equity Shares from Employee category due to under subscription in the Employee category) to 1,084 successful applicants. The category- wise details of the Basis of Allotment are as under:
| Sr. No | Category | No. of Applications Received | % of Total | Total No. of Equity Shares applied | % to Total | No. of Equity Shares allotted per Bidder | Ratio | Total No. of Equity Shares allotted |
| 1 | 840 | 1054 | 87.04 | 885,360 | 76.03 | 840 | 43:48 | 792,960 |
| 2 | 900 | 27 | 2.23 | 24,300 | 2.09 | 842 | 24:27 | 20,208 |
| 3 | 960 | 7 | 0.58 | 6,720 | 0.58 | 842 | 6:7 | 5,052 |
| 4 | 1,020 | 9 | 0.74 | 9,180 | 0.79 | 842 | 8:9 | 6,736 |
| 5 | 1,080 | 6 | 0.50 | 6,480 | 0.56 | 842 | 5:6 | 4,210 |
| 6 | 1,200 | 17 | 1.40 | 20,400 | 1.75 | 842 | 15:17 | 12,630 |
| 7 | 1,260 | 4 | 0.33 | 5,040 | 0.43 | 842 | 1:1 | 3,368 |
| 8 | 1,380 | 2 | 0.17 | 2,760 | 0.24 | 842 | 1:1 | 1,684 |
| 9 | 1,440 | 4 | 0.33 | 5,760 | 0.49 | 842 | 1:1 | 3,368 |
| 10 | 1,500 | 2 | 0.17 | 3,000 | 0.26 | 842 | 1:1 | 1,684 |
| 11 | 1,620 | 2 | 0.17 | 3,240 | 0.28 | 842 | 1:1 | 1,684 |
| 12 | 1,680 | 5 | 0.41 | 8,400 | 0.72 | 842 | 4:5 | 3,368 |
| 13 | 1,800 | 8 | 0.66 | 14,400 | 1.24 | 842 | 7:8 | 5,894 |
| 14 | 1,860 | 2 | 0.17 | 3,720 | 0.32 | 842 | 1:1 | 1,684 |
| 15 | 1,920 | 3 | 0.25 | 5,760 | 0.49 | 842 | 1:1 | 2,526 |
| 16 | 1,980 | 20 | 1.65 | 39,600 | 3.40 | 842 | 18:20 | 15,156 |
| 17 | 2,100 | 6 | 0.50 | 12,600 | 1.08 | 842 | 5:6 | 4,210 |
| 18 | 2,880 | 2 | 0.17 | 5,760 | 0.49 | 842 | 1:1 | 1,684 |
| 19 | 3,000 | 5 | 0.41 | 15,000 | 1.29 | 842 | 4:5 | 3,368 |
| 20 | 3,120 | 2 | 0.17 | 6,240 | 0.54 | 842 | 1:1 | 1,684 |
| 21 | 3,600 | 5 | 0.41 | 18,000 | 1.55 | 842 | 4:5 | 3,368 |
| 22 | 4,020 | 11 | 0.91 | 44,220 | 3.80 | 842 | 10:11 | 8,420 |
| 23 | 1,320 | 1 | 0.08 | 1,320 | 0.11 | 842 | 0:1 | 0 |
| 24 | 2,040 | 1 | 0.08 | 2,040 | 0.18 | 842 | 0:1 | 0 |
| 25 | 2,160 | 1 | 0.08 | 2,160 | 0.19 | 842 | 0:1 | 0 |
| 26 | 2,220 | 1 | 0.08 | 2,220 | 0.19 | 842 | 0:1 | 0 |
| 27 | 2,400 | 1 | 0.08 | 2,400 | 0.21 | 842 | 0:1 | 0 |
| 28 | 2,460 | 1 | 0.08 | 2,460 | 0.21 | 842 | 0:1 | 0 |
| 29 | 2,520 | 1 | 0.08 | 2,520 | 0.22 | 842 | 0:1 | 0 |
| 30 | 3,360 | 1 | 0.08 | 3,360 | 0.29 | 842 | 0:1 | 0 |
| 31 | 0 | All applicants from Serial no 23 to 30 for 1 (one) lot of 842 shares | 842 | 7:8 | 5,894 | |||
| 32 | 0 | 140 Allottees from Serial no 2 to 31 Additional 1(one) share | 1 | 107:140 | 107 | |||
| TOTAL | 1,211 | 100.00 | 1,164,420 | 100.00 | 910,947 | |||
C. Allotment to Non-lnstitutional Bidders (more than 71 million) (After Rejections) (including ASBA Applications)
The Basis of Allotment to the Non-lnstitutional Bidders (more than Rs. 1 million), who have bid at the Issue Price of Rs. 247 per Equity Share or above, was finalized in consultation with NSE. This category has been subscribed to the extent of 2.28 times. The total number of Equity Shares allotted in this category is 1,821,894 Equity Shares (which includes spillover of 376 Equity Shares from Employee category due to under-subscription in the Employee category) to 312 successful applicants. The category-wise details of the Basis of Allotment are as under:
| Sr. No | Category | No. of Applications Received | % of Total | Total No. of Equity Shares applied | % to Total | No. of Equity Shares allotted per Bidder | Ratio | Total No. of Equity Shares allotted |
| 1 | 4,080 | 229 | 73.40 | 9,34,320 | 22.46 | 2,136 | 1:1 | 489,144 |
| 2 | 1 ADDITIONAL SHARE FOR CATEGORY 4,080 | 1 | 78:229 | 78 | ||||
| 3 | 4,140 | 1 | 0.32 | 4,140 | 0.10 | 2,160 | 1:1 | 2,160 |
| 4 | 4,200 | 10 | 3.21 | 42,000 | 1.01 | 2,184 | 1:1 | 21,840 |
| 5 | 4,260 | 1 | 0.32 | 4,260 | 0.10 | 2,208 | 1:1 | 2,208 |
| 6 | 4,500 | 1 | 0.32 | 4,500 | 0.11 | 2,304 | 1:1 | 2,304 |
| 7 | 4,800 | 2 | 0.64 | 9,600 | 0.23 | 2,425 | 1:1 | 4,850 |
| 8 | 5,040 | 2 | 0.64 | 10,080 | 0.24 | 2,521 | 1:1 | 5,042 |
| 9 | 5,400 | 1 | 0.32 | 5,400 | 0.13 | 2,664 | 1:1 | 2,664 |
| 10 | 5,820 | 1 | 0.32 | 5,820 | 0.14 | 2,833 | 1:1 | 2,833 |
| 11 | 5,940 | 1 | 0.32 | 5,940 | 0.14 | 2,881 | 1:1 | 2,881 |
| 12 | 6,060 | 1 | 0.32 | 6,060 | 0.15 | 2,929 | 1:1 | 2,929 |
| 13 | 6,120 | 2 | 0.64 | 12,240 | 0.29 | 2,953 | 1:1 | 5,906 |
| 14 | 7,500 | 1 | 0.32 | 7,500 | 0.18 | 3,505 | 1:1 | 3,505 |
| 15 | 8,100 | 1 | 0.32 | 8,100 | 0.19 | 3,745 | 1:1 | 3,745 |
| 16 | 9,000 | 1 | 0.32 | 9,000 | 0.22 | 4,105 | 1:1 | 4,105 |
| 17 | 9,900 | 1 | 0.32 | 9,900 | 0.24 | 4,465 | 1:1 | 4,465 |
| 18 | 10,080 | 1 | 0.32 | 10,080 | 0.24 | 4,537 | 1:1 | 4,537 |
| 19 | 10,200 | 1 | 0.32 | 10,200 | 0.25 | 4,585 | 1:1 | 4,585 |
| 20 | 12,000 | 1 | 0.32 | 12,000 | 0.29 | 5,305 | 1:1 | 5,305 |
| 21 | 12,120 | 1 | 0.32 | 12,120 | 0.29 | 5,353 | 1:1 | 5,353 |
| 22 | 12,240 | 1 | 0.32 | 12,240 | 0.29 | 5,401 | 1:1 | 5,401 |
| 23 | 16,020 | 1 | 0.32 | 16,020 | 0.39 | 6,914 | 1:1 | 6,914 |
| 24 | 20,160 | 2 | 0.64 | 40,320 | 0.97 | 8,570 | 1:1 | 17,140 |
| 25 | 20,280 | 1 | 0.32 | 20,280 | 0.49 | 8,618 | 1:1 | 8,618 |
| 26 | 20,340 | 1 | 0.32 | 20,340 | 0.49 | 8,642 | 1:1 | 8,642 |
| 27 | 20,400 | 1 | 0.32 | 20,400 | 0.49 | 8,666 | 1:1 | 8,666 |
| 28 | 20,460 | 1 | 0.32 | 20,460 | 0.49 | 8,690 | 1:1 | 8,690 |
| 29 | 24,000 | 1 | 0.32 | 24,000 | 0.58 | 10,106 | 1:1 | 10,106 |
| 30 | 25,200 | 1 | 0.32 | 25,200 | 0.61 | 10,587 | 1:1 | 10,587 |
| 31 | 28,800 | 1 | 0.32 | 28,800 | 0.69 | 12,027 | 1:1 | 12,027 |
| 32 | 28,860 | 14 | 4.49 | 404,040 | 9.71 | 12,051 | 1:1 | 168,714 |
| 33 | 30,060 | 1 | 0.32 | 30,060 | 0.72 | 12,531 | 1:1 | 12,531 |
| 34 | 30,240 | 1 | 0.32 | 30,240 | 0.73 | 12,603 | 1:1 | 12,603 |
| 35 | 30,300 | 1 | 0.32 | 30,300 | 0.73 | 12,627 | 1:1 | 12,627 |
| 36 | 30,360 | 2 | 0.64 | 60,720 | 1.46 | 12,651 | 1:1 | 25,302 |
| 37 | 31,800 | 1 | 0.32 | 31,800 | 0.76 | 13,227 | 1:1 | 13,227 |
| 38 | 38,400 | 1 | 0.32 | 38,400 | 0.92 | 15,868 | 1:1 | 15,868 |
| 39 | 40,200 | 1 | 0.32 | 40,200 | 0.97 | 16,588 | 1:1 | 16,588 |
| 40 | 40,440 | 1 | 0.32 | 40,440 | 0.97 | 16,684 | 1:1 | 16,684 |
| 41 | 40,500 | 2 | 0.64 | 81,000 | 1.95 | 16,708 | 1:1 | 33,416 |
| 42 | 50,580 | 2 | 0.64 | 101,160 | 2.43 | 20,742 | 1:1 | 41,484 |
| 43 | 51,480 | 1 | 0.32 | 51,480 | 1.24 | 21,101 | 1:1 | 21,101 |
| 44 | 75,900 | 1 | 0.32 | 75,900 | 1.82 | 30,872 | 1:1 | 30,872 |
| 45 | 76,800 | 1 | 0.32 | 76,800 | 1.85 | 31,232 | 1:1 | 31,232 |
| 46 | 101,220 | 1 | 0.32 | 101,220 | 2.43 | 41,003 | 1:1 | 41,003 |
| 47 | 101,280 | 1 | 0.32 | 101,280 | 2.43 | 41,027 | 1:1 | 41,027 |
| 48 | 102,000 | 1 | 0.32 | 102,000 | 2.45 | 41,315 | 1:1 | 41,315 |
| 49 | 103,140 | 3 | 0.96 | 309,420 | 7.44 | 41,771 | 1:1 | 125,313 |
| 50 | 120,000 | 1 | 0.32 | 120,000 | 2.88 | 48,517 | 1:1 | 48,517 |
| 51 | 145,800 | 1 | 0.32 | 145,800 | 3.50 | 58,839 | 1:1 | 58,839 |
| 52 | 162,000 | 1 | 0.32 | 162,000 | 3.89 | 65,321 | 1:1 | 65,321 |
| 53 | 243,000 | 1 | 0.32 | 243,000 | 5.84 | 97,730 | 1:1 | 97,730 |
| 54 | 432,000 | 1 | 0.32 | 432,000 | 10.38 | 1,73,350 | 1:1 | 1,73,350 |
| TOTAL | 312 | 100.00 | 4,160,580 | 100.00 | 1,821,894 | |||
D. Allotment to Eligible Employees (After Rejections) (including ASBA Applications)
The Basis of Allotment to the Eligible Employees, who have bid at the Cut-Off or at the Offer Price net of Employee Discount of Rs. 13. i.e. Rs. 234 per Equity Share was finalized in consultation with NSE. A discount of Rs. 13 per Equity Share was offered to Eligible Employees bidding in the Employee Reservation Portion. This category has been subscribed to the extent of 0.93 times. The total number of Equity Shares allotted in this category is 55,860 Equity Shares to 46 successful applicants. The deficit of 3,758 Equity Shares in the Employee Reservation portion has been added back to Net-Offer and has been allocated to other categories. The category-wise details of the Basis of Allotment are as under:
| Sr. No | Category | No. of Applications Received | % of Total | Total No. of Equity Shares applied | % to Total | No. of Equity Shares allotted per Bidder | Ratio | Total No. of Equity Shares allotted |
| 1 | 60 | 7 | 15.22 | 420 | 0.75 | 60 | 1:1 | 420 |
| 2 | 120 | 5 | 10.87 | 600 | 1.07 | 120 | 1:1 | 600 |
| 3 | 180 | 2 | 4.35 | 360 | 0.64 | 180 | 1:1 | 360 |
| 4 | 240 | 1 | 2.17 | 240 | 0.43 | 240 | 1:1 | 240 |
| 5 | 420 | 2 | 4.35 | 840 | 1.50 | 420 | 1:1 | 840 |
| 6 | 780 | 1 | 2.17 | 780 | 1.40 | 780 | 1:1 | 780 |
| 7 | 840 | 3 | 6.52 | 2,520 | 4.51 | 840 | 1:1 | 2,520 |
| 8 | 900 | 1 | 2.17 | 900 | 1.61 | 900 | 1:1 | 900 |
| 9 | 1260 | 1 | 2.17 | 1,260 | 2.26 | 1260 | 1:1 | 1,260 |
| 10 | 1980 | 3 | 6.52 | 5,940 | 10.63 | 1980 | 1:1 | 5,940 |
| 11 | 2100 | 20 | 43.48 | 42,000 | 75.19 | 2100 | 1:1 | 42,000 |
| TOTAL | 46 | 100.00 | 55,860 | 100.00 | 55,860 |
E. Allotment to QIBs (After Rejections)
Allotment to QIBs, who have bid at the Issue Price of Rs. 247 per Equity Share or above, has been done on a proportionate basis in consultation with NSE. This category has been subscribed to the extent of 1.08 times of Net QIB portion. The total number of Equity Shares allotted in the QIB category is 36,44,915 Equity Shares (which includes spill over of 1,879 Equity Shares from Employee category due to under-subscription in the Employee category) to 16 successful Applicants. The category-wise details of the Basis of Allotment are as under:
| CATEGORY | FIS/BANKS | MF'S | IC'S | NBFC'S | AIF | FPC | VC'S | TOTAL |
| ALLOTMENT | 338,812 | - | - | 376,725 | 2,213,506 | 715,872 | - | 3,644,915 |
F. Allotment to Anchor lnvestors (After Rejections)
The Company, in consultation with the BRLMs, have allocated 54,64,554 Equity Shares to 10 Anchor Investors (through 10 Anchor Investor Application Forms) (including 2 domestic Mutual Funds through 2 schemes) at an Anchor Issue Price atn247 per Equity Share in accordance with SEBI ICDR Regulations. This represents 60% of the QIB portion.
| CATEGORY | FIS/BANKS | MF'S | IC'S | NBFC'S | AIF | FPC | OTHERS | TOTAL |
| ALLOTMENT | - | 1,417,080 | - | 303,300 | 2,394,834 | 1,349,340 | - | 5,464,554 |
The Board of Directors of our Company at its meeting held on September 19, 2025 has taken on record the basis of allotment of Equity Shares approved by the Designated Stock Exchange, being NSE and has allotted the Equity Shares to various successful applicants. The Allotment Advice Cum Refund Intimation and/or notices have been dispatched to the address of the investors as registered with the depositories. Further, instructions to the SCSBs have been issued for unblocking of funds and transfer to the Public Offer Account on September 19, 2025 and the payments to non-syndicate brokers have been issued on September 19, 2025. In case the same is not received within ten days, investors may contact the Registrar to the Offer at the address given below. The Equity Shares allotted to the successful allottees have been uploaded on September 22, 2025 for credit into the respective beneficiary accounts subject to validation of the account details with the depositories concerned. The Company has filed the Listing application with BSE and NSE on September 22, 2025. The Company has received the listing and trading approval from BSE & NSE, and trading will commence on September 23, 2025.
Note: All capitalized terms used and not defined herein shall have the respective meanings assigned to them in the Prospectus.
INVESTORS PLEASE NOTE
These details of the Allotment made was hosted on the website of Registrar to the Offer, MUFG Intime India Private Limited (Formerly Link Intime India Private Limited) at www.in.mpms.mufg.com.
All future correspondence in this regard may kindly be addressed to the Registrar to the Offer quoting full name of the First/ Sole applicant, Serial number of the Bid cum Application form number, Bidders DP ID, Client ID, PAN, date of submission of Bid cum Application Form, address of the Bidder, number of Equity Shares bid for, name of the Member of the Syndicate, place where the bid was submitted and payment details at the address given below:
| MUFG Intime India Private Limited | |
| (Formerly Link Intime India Private Limited) | |
| C-101,1st Floor, Embassy 247, L.B.S. Mam, Vikhroli (West), Mumbai-400 083, Maharashtra, India; Telephone: +91 81081 14949; | |
| E-mail: europratik.ipo@in.mpms.mufg.com; Investor grievance e-mail: europratik.ipo@in.mpms.mufg.com; Website: www.in.mpms.mufg.com | |
| Contact Person: Shanti Gopalkrishnan; SEBI Registration No.: INR000004058 | |
| For EURO PRATIK SALES LIMITED | |
| On behalf of the Board of Directors | |
| Sd/- | |
| Place: Mumbai | Shruti Kuldeep Shukla |
| Date: September 22, 2025 | Company Secretary and Compliance Officer |
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 PRATIK SALES LIMITED.
EURO PRATIK SALES LIMITED has filed a prospectus dated September 18, 2025 ("Prospectus") with the RoC. The Prospectus is available on the website of the SEBI at www.sebi.gov.in as well as on the website of the BRLMs i.e., Axis Capital Limited at www.axiscapital.co.in and DAM Capital Advisors Limited at www.damcapital.in, the website of the NSE at www.nseindia.com and the website of the BSE at www.bseindia.com and the website of the Company at www.europratik.com. Any potential investor should note that investment in equity shares involves a high degree of risk and for details relating to such risks, please see the section "Risk Factors" beginning on page 30 of the Prospectus.
This announcement does not constitute an offer of the Equity Shares for sale in any jurisdiction, including the United States, and the Equity Shares may not be offered or sold in the United States absent registration under the US Securities Act of 1933 or an exemption form registration. Any public offering of the Equity Shares to be made in the United States will be made by means of a prospectus that may be obtained form the Company and that will contain detailed information about the Company and management, as well as financial statements. However, the Equity Shares am not being offered or sold in the United States.
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