IPO Details
Bidding Dates
31 Mar '23 - 05 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 InvestorsIPO Dates
Important dates with respect to IPO allotment and listing
IPO Opening Date
Mar 31, 23
IPO Closing Date
Apr 5, 23
Basis of Allotment
Apr 11, 23
Initiation of Refunds
Apr 12, 23
Credit of Shares to Demat Account
Apr 13, 23
IPO Listing Date
Apr 17, 23
IPO Subscription Details
| Date | QIB | NII | Retail | Total |
|---|---|---|---|---|
Day 1Mar 31 2023 | 0.21 | 1.07 | 0.59 | 0.53 |
Day 2Apr 3 2023 | 0.21 | 1.29 | 0.72 | 0.63 |
Day 3Apr 5 2023 | 1.00 | 3.28 | 2.31 | 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) |
|---|---|---|
| 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.
- How to Apply in IPO
- How to Check IPO Allotment Status
Login to Angel One App / Website & click on IPO
Select desired IPO & tap on "Apply"
Enter UPI ID, set quantity/price & submit
Accept mandate on the UPI app to complete the process
Exhicon Events Media Solutions IPO FAQs
What is Exhicon Events Media Solutions Ltd. IPO?
When will Exhicon Events Media Solutions Ltd. IPO allotment available?
When will Exhicon Events Media Solutions Ltd. IPO open for subscription?
What will be the Exhicon Events Media Solutions Ltd. IPO lot size?
What minimum lot size can retail investors subscribe to?
When will Exhicon Events Media Solutions Ltd. list on exchanges?
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What would be the listing gains on the Exhicon Events Media Solutions Ltd. IPO?
I have finished the application process for Exhicon Events Media Solutions Ltd. IPO, but the funds are not yet debited. What is the reason?
Can I submit more than one application for the public issue of Exhicon Events Media Solutions Ltd. using one PAN?
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