IPO Details
Bidding Dates
30 Mar '23 - 04 Apr '23
Minimum Investment
₹128,000 / 1 Lots ( 2000 Shares )
Price Range
₹61-₹64
Maximum Investment
₹128,000 / 1 Lots ( 2000 Shares )
Retail Discount
To be announced
Issue Size
₹21.12 Cr
Investor category and sub category
Qualified Institutional Buyers | Non-Institutional Investors | Retail Individual Investors |IPO Dates
Important dates with respect to IPO allotment and listing
IPO Opening Date
Mar 30, 2023
IPO Closing Date
Apr 4, 2023
Basis of Allotment
Apr 10, 2023
Initiation of Refunds
Apr 11, 2023
Credit of Shares to Demat Account
Apr 12, 2023
IPO Listing Date
Apr 16, 2023
IPO Subscription Details
| Date | QIB | NII | Retail | Total |
|---|---|---|---|---|
Day 1Mar 30, 2023 |
0.21 | 1.07 | 0.59 | 0.53 |
Day 2Apr 2, 2023 |
0.21 | 1.29 | 0.72 | 0.63 |
Day 3Apr 4, 2023 |
1.00 | 3.28 | 2.31 | 1.95 |
IPO Subscription Status Live
| Investor Category | Subscription (Times) |
|---|---|
| Qualified Institutions Buyers | 1.00 |
| Non-Institutional Buyers | 3.28 |
| Retail Investors | 2.31 |
| Employees | [.] |
| Other | [.] |
| Total | 1.95 |
About Company
The company belongs to the event and exhibition industry of India which was valued at $3,674.95 million in 2022. It offers a full range of products and services for exhibitions, conferences and events primarily to B2B clients where the margin is high.
It offers infrastructure for conducting media integrated B2b, B2C and hybrid events. The clientele of the company includes various state governments and clients from a spectrum of domestic and international organisations. It has catered to hospitality, F&B, Non-chemical FMCG, International Trading and Healthcare industries.
Exhicon Events Media Solutions specialises in organising Trade Fairs.
Exhicon Events Media Solutions IPO opens for bissing on March 31, 2023. The total size of the IPO is Rs. 21.12 crore from3,300,000 equity shares. The price band is fixed at Rs. 61-64 per share.
Exhicon Events Media Solutions Ltd. IPO Objective
- Meeting working capital gap and general corporate expenses.
- To meet acquisition expenses of exhibition materials.
- Cover issue expenses.
Should you invest in Exhicon Events Media Solutions Ltd.?
These are the top reasons to consider investing in Exhicon Events Media Solutions Ltd.
- Advantages of working in a niche industry with a higher entry barrier.
- The company is a fast-mover in the segment.
- The company is a winner of several awards, including the Prestigious Top 500 Brands in Asia Awards in 2019.
Exhicon Events Media Solutions Ltd. Noteworthy highlights
- It has expansion plans in the international markets of Singapore, London, Shanghai, and Dubai.
- The Indian exhibition market is expected to grow at 12.43% CAGR during the period of 2022-2027, meaning Exhicon Events Media Solutions stands to gain when the market expands.
Exhicon Events Media Solutions Company Financials
| Particulars | 6 months ending in September 30,2022 (₹ lakh) | Year ending on March 31, 2022 (₹ lakh) | Year ending on March 31, 2021 (₹ lakh) |
|---|---|---|---|
| Revenue from Operations | 2,931. 08 | 4,635.11 | 946.82 |
| Profit After Tax (PAT) | 470.37 | 428,38 | 11.73 |
| PAT Margin | 16.05% | 9.24% | 1.24% |
| EBITDA | 689.10 | 642.49 | 42.35 |
| EBITDA % | 23.51% | 13.86% | 4.47% |
| EPS | 4,703.70 | 4,283.80 | 117.30 |
| ROE | 67.65% | 174.23% | 62.21% |
Know before investing
Strengths
3-
The company offers media-integrated event and exhibition services to clients, including in-house infrastructure and marketing solutions.
-
With the growing economy and consumer market expansion, there will be a significant rise in demand in the Indian event market.
-
The offer is reasonably priced and may bring good returns post-listing
Risks
3-
The industry is highly competitive based on the quality of service, design, pricing etc.
-
The industry faces challenges from unorganised players who will charge lower fees.
-
There are legal litigations pending against the company's promoters and the outcome of these cases may impact future profitability.
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Exhicon Events Media Solutions IPO FAQs
Exhicon Events Media Solutions IPO opens for subscription on March 31, 2023. The company aims to raise ₹ 21.12 crore by selling 3,300,000 equity shares. It is a book building IPO with price band fixed at Rs. 61-64 per equity.
The basis of the allotment date is April 11, 2023.
The IPO will open on March 31, 2023.
One lot of Exhicon Events Media Solutions Ltd. IPO has 2000 shares.
One lot of Exhicon Events Media Solution contains 2000 shares.
The listing date of Exhicon Events Media Solutions Ltd. Ltd. on BSE SME is April 17, 2023
You can check the allotment status of your IPO application from the Angel One app.
To check the allotment status, enter the application number, DP ID, and PAN number into the app.
Listing gains cannot be ascertained before the IPO is listed on the exchange. You can get this information on the listing date for Exhicon Events Media Solutions Ltd., which is April 17, 2023.
The bank initially blocks the amount you bid for an IPO. It will debit the money when the shares are allotted or unblock the amount after the UPI mandate expiry date
You can submit only one application using one PAN card.
The minimum size of the application will be one lot of 2000 shares.
