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Euro Panel Products Ltd IPO Synopsis

An Initial Public Offering is an opportunity for investors to take part in the growth of a company. It is always better to be in the first batch of investors. The shares offered by the company get listed on the stock exchanges and can be bought and sold by investors.

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Euro Panel Products Ltd IPO

Registered Office: 702 7th Flr Aravalli Busi. Cen,Ramdas Sutrale Rd. Borivali(W) , Mumbai - 400092 , Maharashtra , India.
Phone : 91-022-29686500   Fax:
Email :  cs@eurobondacp.com  
Website :  www.eurobondacp.com
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.

Issue Money Payable On
Opens On Closes On Application Allotment
14-Dec-21 16-Dec-21 (Rs)70.00-0.00 (Rs)0.00-0.00
Minimum Application for shares in Nos :2000  Further Multiples of :2000

  (Rs Cr) Lead Managers to the Issue
Project Cost 45.15
Fedex Securities Pvt Ltd
Project Financed through Current Offer 45.15  
Post Issue Equity Share Capital 24.50  
Issue Price (Rs)70.00  
 
Projects
Meeting Incremental Working Capital RequirementsGeneral Corporate Purposes
Repayment and/or Pre-Payment of Unsecured Loan
Promoted By
Rajesh Shah  
Divyam Shah  
Listing At
NSE - SME 
Registrar to the Issue
MUFG Intime India Pvt Ltd