Eurobond IPO Details | Eurobond IPO GMP Price Today | Eurobond IPO Company Details | Eurobond IPO Review & Analysis |
Euro Panel Products’ initial public offering (IPO) of Rs. 45.50 crore will be open for subscription from December 14 to December 16, 2021. The face value of each share is Rs. 10, and the issue price is Rs. 70 per share, which is seven times the face value. It is possible to apply for the bid lot of 2,000 shares, which is multiple. Keep up with us to learn more about the Eurobond IPO, including the issue size, minimum order amount, company profile, financials, live subscription, allotment status, and more.
About Eurobond Company
Eurobond Company, which is headquartered in Mumbai and has a state-of-the-art plant in Umbergaon, was founded 19 years ago. Eurobond IPO is the flagship brand of Euro Panel Products Limited, a global leader in the production and distribution of Aluminum Composite Panels (ACP). The Ministry of Commerce and Industry has designated the company as a One Star Export House, and it is also a member of the Indian Green Building Council on a yearly basis (IGBC). ACPs are a type of panel that is commonly utilized as an outside covering for commercial and corporate structures. Eurobond uses a quality-controlled production system to produce a variety of ACPs in various colors, styles, and textures for its customers. Government Contracts, Export Business, Distributors, and Private Institution Tenders are among the company’s business segments.
Eurobond can manufacture cutting-edge goods thanks to the manufacturing facility’s world-class machinery and state-of-the-art technology. It functions through depots, distributors, and dealers across India as part of its distribution channel. The company frequently offers a worldwide customer and provides quick delivery of excellent quality goods to its clients across national and geographical boundaries, with a capacity factor of generating 20,000 sq.m. of ACP every day. The company today has centers in Chhattisgarh, Delhi, Gujarat, Madhya Pradesh, Maharashtra, and Uttar Pradesh where items are distributed to distributors and clients. Its products are also exported to the United States, South Africa, Uganda, Nigeria, Tanzania, Sri Lanka, and Nepal in addition to India. Exports, Distributors, Government Contracts, and Private Institution Tenders are the company’s four main segments. The Ministry of Commerce and Industry has also designated them as a One Star Export House. Bhiwandi, Ahmedabad, Nagpur, Delhi, Lucknow, Raipur, Kolkata, and Indore are the company’s sales offices and warehouses, although their registered offer is in Mumbai.
Eurobond IPO Competitive Advantages
Some of the major Competitive advantages are as follows:
- Eurobond’s strong brand image as a provider of high-quality ACPs
- Enthusiastic and experienced workforce
- Widespread sales and distribution network
- Investment in R&D and focus on innovations
Threats and Weaknesses in the Eurobond IPO
- The inability to extend or operate distribution channels can have a negative impact on operations.
- Raw material supply and pricing volatility can have a negative impact on business performance and finances.
- Manufacturing activity disruption or closure can have an impact on operating outcomes and financial conditions.
- The success of real estate, infrastructure, and other industries has a direct impact on business.
Objectives of the Issue
The net proceeds from the offering will be used for the following purposes:
- To pay back an unsecured loan taken out by the corporation.
- Comply with any additional working capital needs.
- Meet the needs of the company in general.
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Eurobond BUSINESS MODEL
There are two sales business models used by the company:
- Business to Customer model (B2C)
- Business 2 Business model (B2B) and
Eurobond Company IPO Date & Price Band Details
| IPO Opening Date | 14th Dec 2021 |
| IPO Closing Date | 16th Dec 2021 |
| IPO Issue Price | ₹70 |
| IPO Listing At | NSE SME |
| IPO Category | SME |
| Fresh Issue | 650,000 shares at ₹70 per share [Aggregating to ₹45.50 Cr] |
| Face Value | ₹10 Per Equity Share |
| IPO Issue Type | Fixed price IPO |
| IPO Issue Size | ₹45.50 Cr |
| Market Lot | 2000 Shares |
| IPO Discount | Employee: ₹7 per share |
| Promoter Holding Pre IPO | 82.50% |
| Promoter Holding Post IPO | TBD |
| Min Retail Qty | 2000 shares (1 lot) |
| Max Retail Qty | 2000 shares (1 lots) |
| NSE Code | EUROBOND |
| Retail Quota | TBD |
Tentative Timetable for Eurobond
The Tentative Timetable for Eurobond IPO is given in the table below
| IPO Opening Date: | 14 December 2021 |
| IPO Closing Date: | 16 December 2021 |
| Basis of Allotment: | December 2021 |
| Refunds: | December 2021 |
| Credit to Demat Account: | December 2021 |
| IPO Listing Date: | December 2021 |
Eurobond IPO Market Lot
| Minimum Lot Size: | Minimum 2000 Shares for 1 lot |
| Maximum Lot Size: | Minimum 2000 Shares for 1 lot |
| Minimum Amount: | ₹140,000 for 1 lot |
| Maximum Amount: | ₹140,000 for 1 lot |
Eurobond IPO Financial Report
The Eurobond IPO Financial Report is given in the table below:
| Particulars | 30 – Jun – 2021 | 31 – March – 2021 | 31 – March – 2020 | 31 – March – 2019 | |
| Total Assets | 1,531.84 Million | 1,452.13 Million | 1,329.74 Million | 948.24 Million | |
| Total Revenue | 319.06 Million | 1,433.03 Million | 1,429.93 Million | 1,086.70 Million | |
| Profit After Tax | 18.76 Million | 37.01 Million | 39.65 Million | 39.35 Million |
Promoters Holding for Eurobond IPO
| Pre Issue ShareHolding | 82.50% |
| Post Issue Shareholding | 60.61% |
Company Promoters
The Eurobond IPO is as follows:
| S. No. | Company Promoters Name |
| Divyam Shah | |
| Rajesh Shah |
Lead Managers of Eurobond IPO
Some of the Lead Managers of Eurobond IPO is as follows:
| S. No. | Managers Name |
| FedEx Securities Limited |
Medplus IPO Registrar
| Address: | Link Intime India Private LtdC 101, 247 Park, L.B.S.Marg,Vikhroli (West), Mumbai – 400083 |
| Contact Number: | +91-22-4918 6270 |
| E-mail id: | europanel.ipo@linkintime.co.in |
| Official Website: | Website: https://linkintime.co.in/ |
Company Address:
- Euro Panel Products Limited
- 702, 7th Floor, Aravalli Business Center,
- Ramdas Sutrale Road,
- Borivali (West) Mumbai 400092, Maharashtra, India.
- Contact Number: 022 29686500
- Email id: cs@eurobondacp.com
- Website: https://www.eurobondacp.com/