Euro Panel Products Limited IPO

Euro Panel Products Limited IPO Review

Eurobond, headquartered in Mumbai, is a global manufacturer and supplier of Aluminum Composite Panels (ACP). ACPs are a type of panel that is commonly used as an outside covering for commercial buildings and corporate residences. 

Eurobond uses a quality-controlled production system to produce a wide range of ACPs in a variety of colours, styles, and textures for its clients. The business sectors of the corporation are as follows: I Government Contracts, ii) Export Business, iii) Distributors, and iv) Private Institution Tenders.

Since 2014, Eurobond has been exporting products to the United States, South Africa, Uganda, Nigeria, Tanzania, Sri Lanka, and Nepal. The Ministry of Commerce and Industry has designated the firm as a One Star Export House, and it is also an annual member of the Indian Green Building Council (IGBC).

The registered office of the firm is in Mumbai, while sales offices and warehouses can be found in Bhiwandi, Ahmedabad, Nagpur, Delhi, Lucknow, Raipur, Kolkata, and Indore.

Subscription Dates14 – 16 December 2021
Price BandINR70 per share
Fresh issue56,72,000 shares (INR39.70 crore)
Offer For Sale8,28,000 shares (INR5.45 crore)
Total IPO size65,00,000 shares (INR45.15 crore)
Minimum bid (lot size)2,000 shares
Face Value INR10 per share
Retail Allocation50%
Listing OnNSE EMERGE
ParticularsFor the year/period ended (₹ in Millions)
 30-Jun-2131-Mar-2131-Mar-2031-Mar-19
Total Assets1,531.841,452.131,329.74948.24
Total Revenue319.061,433.031,429.931,086.70
Profit After Tax18.7637.0139.6539.35

Earnings Per Share (EPS): INR 2.06
Price/Earnings (PE ratio): 33.98
Return on Net Worth (RONW): 18.09%
Net Asset Value (NAV): INR 18.34 per share

Listing Performance of Euro Panel Products Limited IPO

Listed On : Dec 24, 2021 

Issue Price : 70

Listing Day Close : 71.4 

Listing Day Gain : 2%

NSE : NA

ISIN CODE : INE505V01016 

BSE : NA

IPO Opening Date14 December 2021
IPO Closing Date16 December 2021
Finalisation of Basis of Allotment21 December 2021
Initiation of refunds22 December 2021
Transfer of shares to demat accounts23 December 2021
Listing Date24 December 2021
Opening Price on NSEComing soon
Closing Price on NSEComing soon

 

Euro Panel Products Limited
702, 7th Floor,
Aravalli Business Centre,
Ramdas Sutrale Road,
Borivali (West) Mumbai 400092,
Maharashtra, India.
Phone:  022 29686500
Email: cs@eurobondacp.com
Website:  www.eurobondacp.com

Link Intime India Private Limited 
C-101, 1st Floor,
247 Park Lal Bahadur Shastri Marg,
Vikhroli (West) Mumbai – 400 083
Phone: 
+91 22 4918 6200
Fax:
 +91 22 4918 6195
Email:
europanel.ipo@linkintime.co.in
Website:
 http://www.linkintime.co.in

Category

Non-retail

Retail

Shares Offered

30,00,000

30,00,000

Day 1

0.07

0.49

Day 2

1.06

0.95

Day 3

1.57

1.82

 

Category

Employee

Total

Shares Offered

5,00,000

65,00,000

Day 1

0.01

0.26

Day 2

0.07

0.93

Day 3

0.14

1.57

Euro Panel Products Limited IPO FAQ's

Euro Panel Products Limited IPO is a SME IPO of ₹[.] per equity share with a face value of ₹10 per equity share. 

The issue size is priced at [.] Eq Shares of 6,500,000 Eq Shares of ₹10 (aggregating up to ₹45.50 Cr).

The fresh issue size is priced at 6,500,000 Eq Shares of ₹10(aggregating up to ₹45.50 Cr). The initial public offering (IPO) begins on Dec 14, 2021 and ends on Dec 16, 2021.

The registrar for the IPO is Link Intime India Private Ltd. The shares are proposed for listing on the NSE, SME.The minimum order quantity is 2000 Shares and Market Lot size is 2000 shares.

The Euro Panel Products Limited IPO opening date is Dec 14, 2021 and closing date is  Dec 16, 2021.

Euro Panel Products Limited IPO Market lot size is 2000 Shares and the minimum order quantity is 2000  Shares.

The Basis of Allotment for Euro Panel Products Limited IPO will be done on 21 December 2021 and the allotted shares will be credited to your demat account by 23 December 2021. Check the Euro Panel Products Limited IPO allotment status.

The Euro Panel Products Limited IPO listing date is 24 December 2021.

Euro Panel Products Limited IPO can be submitted online using either UPI or ASBA as a payment method. The ASBA IPO application is available in your bank’s net banking. Brokers who do not provide banking services provide UPI IPO applications. Learn more about online IPO applications from Zerodha, Upstox, 5Paisa, Edelweiss, ICICI Bank, HDFC Bank, and SBI Bank.

Euro Panel Products Limited IPO Comments