Eventions Limited IPO — Subscription & GMP
- Price band
- ₹112 – ₹118
- Lot size
- 1200
- Issue size
- ₹38.12 Cr
- Bidding
- 30 Sept 2026 → 05 Oct 2026
- Allotment
- —
- Listing
- 08 Oct 2026
Listing outcome
Official exchange pricesNo grey market premium was recorded at the close of bidding, so there is nothing to score this listing against.
Schedule
- 30 Sept 2026IPO open date
- 05 Oct 2026IPO close date
- 06 Oct 2026Allotment date†
- 06 Oct 2026Funds unblock or debit†
- 08 Oct 2026Tentative listing date
† Derived from the close date using the T+3 working-day timeline. The exchanges publish the open and close dates; the rest are indicative until confirmed, and exchange holidays are not accounted for.
Fundamentals
The business, its valuation and returnsEventions plans and runs corporate events — the industry calls it MICE, for meetings, incentives, conferences and exhibitions. Incorporated in December 2020 and based in Haryana, it works for corporate and institutional clients in India and abroad.
How it makes money
Clients hire Eventions to plan and deliver a specific programme: a conference, a dealer meet, an incentive trip. It coordinates venues, travel, accommodation, logistics and on-site execution, billing per project. A good share of work is repeat business from corporates that hold events every year.
The model is asset-light. Eventions does not own venues or production equipment; it coordinates hotels, destination management companies, logistics firms and production vendors on each job. It also takes on parts of larger assignments for other event companies when they need execution support.
MICE accounted for 91.3% of FY26 revenue. Over FY24–FY26 it ran 107 events with individual billing above ₹50 lakh, for more than 50 corporate clients across banking, insurance and FMCG.
The numbers
- Revenue: ₹99.7 Cr in FY26, up from ₹87.5 Cr (FY25) and ₹86.6 Cr (FY24)
- Profit after tax: ₹7.7 Cr in FY26, against ₹5.1 Cr and ₹3.3 Cr
- PAT margin: 7.7% in FY26, up from 5.8% and 3.8%
- EBITDA: ₹10.2 Cr in FY26
- Return on capital employed: 48.8% in FY26, down from 88.5% in FY24
- EPS: ₹8.90 for FY26 after a March 2026 bonus issue, about 13.3× earnings at the top of the band
Revenue was nearly flat in FY25 and grew 14% in FY26. Profit grew faster, rising 51% in FY26 as margins widened.
Where the money goes
This is entirely a fresh issue, with no offer for sale. About ₹18.8 Cr goes to working capital, ₹7.0 Cr to repaying borrowings and ₹1.4 Cr to investment in a subsidiary, with the rest for general corporate purposes. Events require paying vendors before clients settle, so working capital is the main need.
Worth knowing
- Revenue is project-based with no long-term contracts, so it can swing with corporate budgets and the number of large events won in a year.
- Margins are thin by nature: most of an event's billing passes straight through to hotels, airlines and vendors.
- The falling return on capital reflects a growing equity base rather than shrinking profit.
| Metric | Pre-issue | Post-issue |
|---|---|---|
| EPS | ₹8.90 | — |
| P/E ratio | 13.26× | — |
| NAV per share | ₹20.92 | — |
Promoter holding pre/post issue is in the offer document but we do not yet extract it. Left blank rather than estimated.
Read from the company’s offer document filed with SEBI. Figures are the latest reported financial year, as restated in that filing.
Figures are as reported and not independently audited, and are read 39 d ago.
Grey market premium
Unofficial · not from any exchangeSubscription status
Live from NSE · fetched 852 hr ago| Category | Shares offered | Shares bid for | Subscribed |
|---|---|---|---|
| 1Qualified Institutional Buyers(QIBs) | — | 42.41 L | — |
| 1(a)Foreign Institutional Investors(FIIs) | — | 16.96 L | — |
| 1(b)Domestic Financial Institutions(Banks/ Financial Institutions(FIs)/ Insurance Companies) | — | 0 | — |
| 1(c)Mutual funds | — | 0 | — |
| 1(d)Others | — | 25.45 L | — |
| 2Non Institutional Investors | — | 7.06 L | — |
| 2.1Non Institutional Investors(Bid amount of more than Ten Lakh Rupees) | — | 3.83 L | — |
| 2.1(a)Corporates | — | 1.72 L | — |
| 2.1(b)Individuals(IND category bidding for more than 2 Lots) | — | 2.11 L | — |
| 2.1(b)Individuals(Other than RIIs) | — | 2.11 L | — |
| 2.2Non Institutional Investors(Bid amount of more than Two Lakh Rupees upto Ten Lakh Rupees) | — | 3.23 L | — |
| 3Individual Investors (IND category bidding for 2 Lots) | — | 25.58 L | — |
| Total | 32.30 L | 75.05 L | 2.32× |
Source: NSE issue information
Allotment status
You will need your PAN, application number or DP/client ID. These links go to the registrar and exchanges directly — UpcomingIPO never asks for those details.
Issue details
- Price band
- ₹112 – ₹118
- Lot size
- 1200 shares
- Min. bid quantity
- —
- Face value
- ₹10.00
- Tick size
- ₹1.00
- Shares offered
- 32.30 L
- Issue size
- ₹38.12 Cr
- Max bid · QIB
- —
- Max bid · NII
- —
Timeline & process
- Bidding opens
- 30 Sept 2026
- Bidding closes
- 05 Oct 2026
- Bidding hours
- 10.00 a.m. to 5.00 p.m. (Bidding Timings on Issue Closure upto 4:00 P.M.)
- UPI mandate cutoff
- 05-Oct-2026 (upto 5:00 PM) The cut-off time for UPI mandate acceptance is 05:00 PM on last day of IPO bidding. Further bids with confirmed status of mandate amount blocked (RC100) shall be considered as valid applications and hence investors are advised to submit their UPI applications in IPO well in advance to avoid any last minute technical/systemic constraints that may hamper their ability to participate in IPOs by successfully accepting the mandate.
- Allotment
- —
- Listing
- 08 Oct 2026
Intermediaries
- Registrar
- Mudra RTA Ventures Private Limited
- Sponsor bank
- Kotak Mahindra Bank Limited
- Lead managers
- Corporate Professionals Capital Private Limited