Ashish Kacholia invests in Euro Pratik Sales IPO; GMP stays muted. Should you bid?

Euro Pratik Sales (EPSL) launched its ₹451.3 crore IPO on Tuesday, closing September 18, with listing expected September 22. The price band is ₹235–247 per share. The IPO is an offer for sale by promoters. EPSL, a wall panel brand, saw a 28% revenue increase to ₹284 crore in FY25, with strong margins.