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) |
|---|---|---|
| Revenue from Operations | 2,931. 08 | 4,635.11 |
| Profit After Tax (PAT) | 470.37 | 428,38 |
| PAT Margin | 16.05% | 9.24% |
| EBITDA | 689.10 | 642.49 |
| EBITDA % | 23.51% | 13.86% |
| EPS | 4,703.70 | 4,283.80 |
| ROE | 67.65% | 174.23% |
Know before investing
Strengths
3The 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
3The 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.
