New Delhi, Sept. 18 -- Euro Pratik Sales' initial public offering (IPO), which slugged off during the three-day bidding process, closed on Thursday, September 18, with tepid demand. The lack of a strong grey market premium (GMP) also contributed to muted investor interest.

All categories barely sailed through, helping to achieve a successful completion of the IPO on the last day. At the end of the second day, Euro Pratik Sales IPO closed with 0.75 times bids.

Euro Pratik Sales IPO settled today with 1.34 bids, garnering bids for 1,79,77,380 shares as against 1,34,64,781 shares on offer.

The retail investor portion of the IPO was subscribed 1.23 times, the non-institutional investor (NII) quota was booked 1.92 times, while the qualified...