Eurobond, the flagship company of Euro Panel Products headquartered in Mumbai has been producing and distributing Aluminium Composite Panels (ACP) for over 19 years. It has a state-of-the-art plant at Umbergaon in Gujarat about 175 kilometers north of Mumbai. It is a manufacturer and fabricator of industrial architectural panels and facades, which it exports and supplies to major builders and architects.
It provides quick delivery of ACPs across state and national borders (USA, SA, Uganda, Nigeria, Tanzania, Sri Lanka and Nepal) with an established capacity of 20,000 sq/m of ACP per day. The Ministry of Commerce and Industry has also designated Eurobond as a One Star Export House as it serves a worldwide clientele.
On the third day of Media Expo, after multiple reschedules, Indian Printer and Publisher finally met and talked with the management of Eurobond. Jayanta Das, general manager – specification pan India, Eurobond, expressed his gratitude towards the Indian Printer and Publisher team and shared his views on the exhibition. The footfalls of the visitors are more or less good or acceptable. He said, “This time, we were anticipating, there will be no crowd, but visitors have surpassed our expectations. The exhibition is organized well keeping Covid-19 in mind – everything is taken care of, sanitization, social distancing and masks.”
Eurobond show galore
Eurobond displayed its ‘HoneyComb’ structural panels. Manufactured in India for the first time and showcased at Media Expo were its high-pressure laminates, fire retardant ACP sheets, and an entire range of metallic, solid, high gloss, sparkle, mirror, marble, wooden texture, emerald, spectra, and brush decorated sheets.
Das spoke of the ACP cores and coatings Eurobond uses in manufacturing. The PVDF coating is of standard quality. The cores are aluminum virgin core, and the standard LDP cores, and the recyclable materials used to produce the ACP sheets.
Eurobond has completed many government architectural projects for HPCL, BPCL, IOCL and private corporate projects for Reliance Trendz, Tata for building facades, decoration and integrated signage.
Expansion, collaboration and initial public offering
Near the end of our conversation, Das voiced the company’s expansion plan, “We will increase out production capacity beyond the three production lines we already have. And Eurobond is tying-up with Euramax, a foreign collaborator from the Netherlands, for its premium range of panels.
Das also mentioned the impending initial public offering (IPO) of the company from 14 to 16 December. The IPO consists of 65,00,000 lakhs shares with a face value of Rs. 10 being offered at a fixed price of Rs 70 each which means a premium of Rs. 60. The Rs 45.15 crore issue was oversubscribed by the last day which was 16 December, except for the portion offered to employees at a discount of Rs 7.
Note – This article has been slightly revised and updated by the editorial desk on 18 December 2021.