Eurobond IPO Details (Euro Panel Products IPO)

Eurobond IPO Date, Price, GMP, Review, Allotment, Subscription, Analysis & Documents

GMP

Allotment Status

Eurobond IPO Listing on 24 Dec 2021

About Eurobond

Eurobond is the flagship company of Euro Panel Products Limited, a pioneer in manufacturing and supplying of Aluminium Composite Panels (ACP) globally. Headquartered in Mumbai, Eurobond has a state of the art factory located in Umbergaon. The manufacturing facility is equipped with world class machineries and state-of-the-art equipment to enable Eurobond to create cutting edge products. With an installed capacity of producing 20,000 sq.m.of ACP every day, the company regularly serves a global clientele and ensures prompt delivery of ace quality products to its clientele across national and geographical boundaries.

BUSINESS MODEL

The company functions on two sales business models:

  • Business 2 Business model (B2B) and
  • Business to Customer model (B2C)

Important Details – Eurobond

DateDetails
December 18, 2013The company was originally incorporated as a private limited company in the name of “Archer Trading House Private Limited”
August 18, 2014The name of the company was changed to “Euro Panel Products Private Limited”.
August 25, 2021The company was converted into a public limited company and consequently upon conversion, the name of the Company was changed to “Euro Panel Products Limited”

Objects of the Issue

  • Meeting incremental working capital requirements
  • Repayment of unsecured loan availed by our company
  • General corporate purpose

Eurobond Limited Financials:

Summary of financial Information (Restated Consolidated Statement)

Particulars For the year ended (₹ in lakhs)
  31-Mar-21 31-Mar-20 31-Mar-19
Total Assets 14,521.38 13,297.48 9,482.45
Total income 14,330.37 14,299.36 10,867.04
Total Expenses 13,738.12 13,672.58 10,460.78
Profit After Tax 370.19 396.52 393.59

Eurobond IPO Price – Details

DescriptionEUROBOND IPO Details
Public IssueInitial Public Issue of upto 65,00,000 equity shares of ₹ 10 (aggregating up to ₹4515 lakhs) (Including market maker portion of 3,28,000 equity shares)
Issue Open  Date14-Dec-21
Issue Close Date16-Dec-21
Issue TypeFixed Price
IPO Price Band₹ 70
Face Value ₹ 10
DiscountRs. 7 per Equity Share to Eligible Employee category
Market Lot 2000 Equity Shares and in multiples thereof
Minimum Order Quantity 2000 Equity Shares
Maximum Subscription Amount for Retail InvestorRs. 2,00,000
Listing NSE SME
NSE SymbolEUROBOND
IPO Market Timings 10.00 a.m. to 5.00 p.m.

Eurobond IPO DRHP & RHP

Eurobond IPO Lot Size

ApplicationLotsNo of SharesAmount (Rs)
Minimum12000₹ 1,40,000
Maximum12000₹ 1,40,000

Eurobond IPO Lead Managers

  • Fedex Securities Private Limited

Eurobond IPO Registrar

Eurobond IPO Allotment Date, Listing Date and other Important Dates

DetailsDate
Bid / Offer Opens on14-Dec-21
Bid / Offer Closes on16-Dec-21
Finalisation of Basis of Allotment21-Dec-21
Initiation of refunds 22-Dec-21
Credit of the Equity Shares23-Dec-21
Listing Date24-Dec-21

Company Peers – Comparison of Accounting Ratios

  • The company is engaged in the business of manufacturing of Composite Aluminum Panels. None of the listed companies in India are engaged in the portfolio of business similar to the company

Company Registered Office

702, 7th Floor, Aravalli Business Centre,
Ramdas Sutrale Road,
Borivali (West) Mumbai 400092,
Maharashtra, India.
Website: www.eurobondacp.com

Company Promoters

  • Rajesh Shah
  • Divyam Shah

Eurobond IPO – FAQS

What is the Euro Panel Products IPO Price?

The Euro Panel Products IPO price band is 70 per share

When Euro Panel Products IPO will open?

The Euro Panel Products IPO opens on Dec 14, 2021 and closes on Dec 16, 2021

What is the lot size of Euro Panel Products IPO?

The Euro Panel Products IPO lot size is 2000 Equity Shares and the minimum order quantity is 2000 Equity Shares

Who is the Registrar for Euro Panel Products IPO?

The Registrar for Euro Panel Products IPO is Link Intime India Private Limited

How to apply in Euro Panel Products IPO through UPI?

Check the step by step process here – Click here

How to apply in Euro Panel Products IPO through Zerodha?

Check the step by step process here – Click here

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