Euro Panel Products Limited, maker of brand Eurobond ACP, has launched an IPO. Known for its high-quality and long-lasting panels, the company has been a pioneer brand in Manufacturing and supplying Aluminium Composite Panels across India. As per report, the issue price for the share is Rs 70 and minimum bid for the investment has been fixed to 2000 shares for the issue size of Rs 45.5 crore. The issue was opened on 14 December 2021 and was closed in two days on 16 December 2021. The company is headquartered in Mumbai, and has a state of the art factory located in Umbergaon.
The company manufactures varieties of Aluminium Composite Panels (ACPs) in different colors, designs and texture and supplies them pan India market. ACPs are widely used as an exterior covering of commercial buildings and corporate houses. The company serves different establishments in various sectors which include: Government organizations, Hospitals, Airports etc with sales offices and warehouses located at Bhiwandi, Ahmedabad, Nagpur, Delhi, Lucknow, Raipur, Kolkata, & Indore.
Eurobond has been exporting products in the USA, South Africa, Uganda, Nigeria, Tanzania, Sri Lanka and Nepal since 2014. The company has been recognized as One Star Export House by the Ministry of Commerce and Industry and is also a member of the Indian Green Building Council (IGBC). Backed by innovation and research their target is to become a global leader in the ACP industry with the vision to contribute in improving the standards of the building industry in India and worldwide.