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Euro Panel Products Ltd - IPO

Issue Type

Fixed Price - SME

Issue Size (₹ Cr.)

₹ 45.15 cr

Price Range (₹)

₹ 70

Lot Size

2000

Min Investment (₹)

₹ 1,40,000.00

Listing Exchange

NSE - SME

Open Date

14-Dec-2021

Close Date

16-Dec-2021

Listing Date

24-Dec-2021

Latest IPO News

    The Shares of Euro Panel Products Ltd have now been listed.

    Euro Panel Products Ltd IPO Details

    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. 45.15 crores (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. 3.15 crores 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 Rs. 2.29 crores 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. 39.70 crores 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. The Face Value of the Equity Shares is Rs. 10 each and the issue price is 7 times of the face value.Bids cans be made for a minimum of 2000 equity and in multiple of 2000 shares thereafter.

    Objective of issue

    Meeting Incremental Working Capital Requirements. Repayment and/or Pre-Payment of Unsecured Loan. General Corporate Purposes.

    Euro Panel Products Ltd Contact Details

    Euro Panel Products Ltd, C-101 247 Park, L B S Marg, Vikhroli West, Mumbai-400083

    Phone - 91-22-49186000

    Fax - 91-22-49186060

    Email - cs@eurobondacp.com

    Website - www.eurobondacp.com