Eurobond IPO: GMP, Price, Dates, Issue Size 

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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 
Ducol Organics IPO: GMP, Price, Dates, Issue size

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 
Ducol Organics IPO: GMP, Price, Dates, Issue size

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 
Ducol Organics IPO: GMP, Price, Dates, Issue size

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) 

  1. Fedex Securities Limited (Past IPO Performance) 

Lead Manager Reports 

  • IPO Lead Manager Performance Summary 
  • IPO Lead Manager Performance Tracker 

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