Euro Panel Products Becomes First ACP Firm Listed on NSE & BSE

01 Aug 2025 CW Team

The firm was the first ACP manufacturer in India to go public in December 2021, with an IPO issue price of Rs 70. Since then, it has delivered over 178 per cent returns to investors. The company’s migration to the mainboard reflects its strong growth trajectory, sound financials, and long-term vision of building a globally respected Indian brand in façade solutions.

Rajesh Shah, Managing Director, Euro Panel Products, said, “This marks a significant milestone in our journey. We are not just here to sell shares, but to share a vision rooted in innovation and trust. Our continued investments aim at scaling operations, improving efficiency, and building a sustainable future.”

Eurobond operates in a fast-growing façade materials industry, which, according to Grant Thornton data, is expanding at a CAGR of 7.3 per cent. The organised sector is growing even faster—at a 20 per cent higher rate—making Euro Panel Products the only publicly listed player in a promising segment.

The company is currently undertaking backward integration by installing a second coating line and upgrading to a next-generation production line, which will increase daily capacity from 25,000 to 27,000 sq m. It is also setting up a 2.2 MW solar power plant expected to offset 50 per cent of its factory’s energy use.

In FY24-25, the company reported a 26 per cent rise in profit after tax (PAT) to Rs 18 crore and posted product sales of Rs 4.23 billion, a 7 per cent increase over the previous year. The firm also achieved its highest-ever net profit, reflecting a 36 per cent compound growth in PAT over five years.

Eurobond’s strategic roadmap includes global expansion and product innovation, supported by international partnerships such as its exclusive collaboration with RHEINZINK. With exports to 20 countries and an expanding global footprint, the company is well-positioned for long-term growth.

Euro Panel Products, the maker of EUROBOND metal composite panels, has become the first Indian aluminium composite panel (ACP) manufacturer to be listed on both the NSE and BSE mainboards. The company has successfully migrated from the NSE Emerge SME platform to the main exchanges, marking a significant step in its capital markets journey. The firm was the first ACP manufacturer in India to go public in December 2021, with an IPO issue price of Rs 70. Since then, it has delivered over 178 per cent returns to investors. The company’s migration to the mainboard reflects its strong growth trajectory, sound financials, and long-term vision of building a globally respected Indian brand in façade solutions. Rajesh Shah, Managing Director, Euro Panel Products, said, “This marks a significant milestone in our journey. We are not just here to sell shares, but to share a vision rooted in innovation and trust. Our continued investments aim at scaling operations, improving efficiency, and building a sustainable future.” Eurobond operates in a fast-growing façade materials industry, which, according to Grant Thornton data, is expanding at a CAGR of 7.3 per cent. The organised sector is growing even faster—at a 20 per cent higher rate—making Euro Panel Products the only publicly listed player in a promising segment. The company is currently undertaking backward integration by installing a second coating line and upgrading to a next-generation production line, which will increase daily capacity from 25,000 to 27,000 sq m. It is also setting up a 2.2 MW solar power plant expected to offset 50 per cent of its factory’s energy use. In FY24-25, the company reported a 26 per cent rise in profit after tax (PAT) to Rs 18 crore and posted product sales of Rs 4.23 billion, a 7 per cent increase over the previous year. The firm also achieved its highest-ever net profit, reflecting a 36 per cent compound growth in PAT over five years. Eurobond’s strategic roadmap includes global expansion and product innovation, supported by international partnerships such as its exclusive collaboration with RHEINZINK. With exports to 20 countries and an expanding global footprint, the company is well-positioned for long-term growth.

Products

06 Oct 2025

TOTO India Launches Premium G & L Showers with Sleek Faucet Range

TOTO India has launched its G Shower and L Shower series, alongside an expanded range of GT, LH, and Pull-Out lavatory faucets. The collection blends advanced technology, refined aesthetics, and everyday comfort, staying true to TOTO’s philosophy of creating spaces that are both beautiful and functional. The G Shower series delivers the 3Rs of showering: Relaxing, Refreshing, and Revitalizing. Features include the Calming Shawl spray mode, Warm Spa technology, and multiple overhead and hand-shower options across eight finishes. The L Shower complements this with easy-to-use controls sui..

Infrastructure Energy

06 Oct 2025

Hero Future Energies Secures Funding for 120 MW Hybrid Project

Hero Future Energies (HFE), through its SPV Clean Renewable Energy Hybrid Three, has secured Rs 19.08 billion in funding from the State Bank of India (lead) and Canara Bank. The funds will be used to develop and construct HFE’s 120 MW renewable energy hybrid project at Kurnool, Andhra Pradesh. The project, contracted with SJVN, integrates wind, solar, and storage technologies to deliver reliable peak power. With a 21-year repayment period, the funding ensures timely execution and the commencement of commercial operations. The financial closure demonstrates continued lender confidence in..

Infrastructure Energy

06 Oct 2025

IOC GPS Renewables Raises Rs 8.36 billion Debt for Compressed Biogas Plants

IOC GPS Renewables Private Limited (IGRPL), a joint venture between IndianOil Corporation and GPS Renewables, has raised Rs 8.36 billion (approx. US$ 95 million) in debt financing from Indian Bank to execute nine Compressed Biogas (CBG) projects across India. The funding is the largest single-bank debt raise in the CBG sector and the first fully non-recourse financing in India for these projects. The plants—four in Haryana, three in Uttar Pradesh, one each in Chhattisgarh and Andhra Pradesh—will each produce 15 tonnes of CBG per day using paddy straw as feedstock. All nin..