New Delhi, Sept. 18 -- The initial public offer (IPO) of Euro Pratik Sales opened on September 16 and will close for subscription today, September 18.

The Rs.451.31 crore IPO, had fixed a price band in the range of Rs.235-247.

As of end of Day 2, Euro Pratik Sales IPO was booked 0.75 times, as the issue received bids for 95.56 lakh shares as against 1.28 crore shares on offer.

The retail portion of the Euro Pratik Sales IPO was booked 0.76 times, the non-institutional investor (NII) part was subscribed 1.30 times, while the bidding for the qualified institutional buyer (QIB) segment was 0.28 times.

Euro Pratik Sales IPO is seeing a modest premium in the grey market. The IPO's GMP stands at Rs.5, indicating that shares are trading slig...