Eurobond IPO is all set to make its debut on 14th Dec 21 with 45.50 Cr is engaged in the manufacturing and supplying of Aluminum Composite Panels (ACP) globally.
Eurobond IPO – overview
| IPO Dates | 14-16 Dec 2021 |
| IPO Price | INR 70 per share |
| Fresh issue | 6500,000 shares (INR 45.50 crore) |
| Offer For Sale | Nil |
| Total IPO size | 6500,000 shares (INR 45.50 crore) |
| Minimum bid (lot size) | 2000 shares |
| Face Value | INR 10 per share |
| Retail Allocation | 50% |
| Listing On | NSE Emerge |
Eurobond IPO – Tentative Dates
| IPO Offer Opening Date | 14 Dec 2021 |
| IPO Closing Date | 16 Dec 2021 |
| Finalization of Basis of Allotment | 21 Dec 2021 |
| Initiation of refunds | 22 Dec 2021 |
| Transfer of shares to demat accounts | 23 Dec 2021 |
| IPO Listing Date | 24 Dec 2021 |
| Opening Price on NSE SME | Coming soon |
| Closing Price on NSE SME | Coming soon |
Company Overview
Headquartered in Mumbai, Eurobond is engaged in the manufacturing and supplying of Aluminum Composite Panels (ACP) globally. ACPs are kind of panels, which are widely used as an exterior covering of commercial buildings and corporate houses. Eurobond manufactures varieties of ACPs in different colors, designs, and textures for its customers through the quality-controlled production method. The company’s business segments include – i) Government Contracts, ii) Export Business, iii) Distributors, iv) Private Institution Tenders.
The company’s registered office is in Mumbai and sales offices and warehouses are located at Bhiwandi, Ahmedabad, Nagpur, Delhi, Lucknow, Raipur, Kolkata, and Indore.
Industry Overview
The manufacturing sector of India has the potential to reach US$ 1 trillion by 2025. The implementation of the Goods and Services Tax (GST) will make India a common market with a GDP of US$ 2.5 trillion along with a population of 1.32 billion people, which will be a big draw for investors. The Indian Cellular and Electronics Association (ICEA) predicts that India has the potential to scale up its cumulative laptop and tablet manufacturing capacity to US$ 100 billion by 2025 through policy interventions. With an impetus on developing industrial corridors and smart cities, the Government aims to ensure the holistic development of the nation.
Competitive Strengths:
- Enthusiastic and experienced workforce
- Widespread sales and distribution network
- Investment in R&D and focus on innovations
Objectives of the issue
- Meeting incremental working capital requirements
- Repayment of unsecured loan availed by the company
- General corporate purposes
Company Financials
| Particulars | 31-Mar-21 | 31-Mar-20 | 31-Mar-19 |
| Total Assets | 1,452.13 | 1,329.74 | 948.24 |
| Total Revenue | 1,433.03 | 1,429.93 | 1,086.70 |
| Profit After Tax | 37.01 | 39.65 | 39.35 |
Company Contact Information
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: https://www.eurobondacp.com/
Registrar
Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: europanel.ipo@linkintime.co.in
Website: https://linkintime.co.in/
Lead Manager(s)
- Fedex Securities Limited (Past IPO Performance)
Lead Manager Reports
- IPO Lead Manager Performance Summary
- IPO Lead Manager Performance Tracker
