Updated Oct 7 · 12:55 PM IST

Eventions IPO

Closed · lists Oct 8 SMEBook BuiltNSE SMESep 30 – Oct 5, 2026

Eventions, incorporated in December 2020 and based in Gurugram, Haryana, runs an asset-light B2B business in meetings, incentives, conferences and exhibitions (MICE): it plans and runs corporate events, conferences, incentive travel, virtual events and brand activations for corporate and institutional clients in India and abroad.

Price Band
₹112 – 118
per share
Min. Investment
₹2,83,200
2 lots · 2,400 shares
Issue Size
₹38.12 Cr
Entirely fresh issue
Lot Size
1,200 shares
₹1,41,600 per lot
Subscription
2.45×
Day 3 · 5:00 PM
Listing
Oct 8
Allotment Oct 6
50/100
Mixed Signal
Why? →
IPO Dates

Eventions IPO Date & Timeline

Tentative schedule from the RHP.

Sep 30
Opens
Oct 5
Closes
Oct 6
Allotment
Oct 7
Refunds
Today
Oct 7
Demat credit
Today
Oct 8
Listing
Demand

Eventions IPO Subscription Status

Day 3 · Oct 5 · 5:00 PM IST

From NSE + BSE bid data, excluding the anchor portion.

QIB
26.18×
bHNI (>₹10L)
0.55×
sHNI (₹2–10L)
0.92×
NII total
0.67×
Individual
1.38×
Overall
2.45×
dashed line = 1× (fully subscribed)
Applications
1,178
as of Day 3
Final, Oct 5 (IPOji day-wise table, bidding closed at 5 PM): the issue closed 2.45× subscribed overall, ex-anchor. QIBs 26.18×, NIIs 0.67× (big HNIs 0.55×, small HNIs 0.92×) and individual investors 1.38×. About 1,178 applications were received (IPOji, approximate).

Day-wise subscription

DayQIBbHNIsHNINII totalIndividualTotal
Shares offered1,62,0007,02,0003,49,20010,51,20018,55,20030,68,400
Day 1 · Sep 3019.89×0.00×0.01×0.00×0.02×1.06×
Day 2 · Oct 126.18×0.03×0.13×0.06×0.65×1.80×
Day 3 · Oct 526.18×0.55×0.92×0.67×1.38×2.45×
Issue Details

Eventions IPO Details

Checked against the RHP and cross-checked on NSE and BSE.

IPO dateSep 30 – Oct 5, 2026
Price band₹112 – 118 per share
Face value₹10 per share
Lot size1,200 shares
Total issue size32,30,400 shares
₹38.12 Cr
Fresh issue32,30,400 shares
₹38.12 Cr
Issue typeBook Built · SME
Listing atNSE SME
Market cap≈ ₹143.77 Cr
Promoter holding99.96% → 73.46%
Lead managerCorporate Professionals Capital Pvt. Ltd.
Market makerAftertrade Broking Pvt. Ltd.
RegistrarMudra RTA Ventures Pvt. Ltd.

Offer documents

How much to invest

Eventions IPO Lot Size

Minimum and maximum bids by investor type at the upper band of ₹118.

ApplicationLotsSharesAmount
Individual (min)22,400₹2,83,200
Individual (max)22,400₹2,83,200
sHNI (min)33,600₹4,24,800
sHNI (max)78,400₹9,91,200
bHNI (min)89,600₹11,32,800
Who gets what

Eventions IPO Reservation

Shares set aside for each category, and the maximum number of applicants who can get an allotment.

CategoryShares offered% of issueMax. allottees
Market maker1,62,0005%—
QIB1,62,0005%—
NII (HNI)10,51,20032.5%—
↳ bHNI (>₹10L)7,02,00021.7%195
↳ sHNI (₹2–10L)3,49,20010.8%97
Individual investors18,55,20057.4%773
Total32,30,400100%
Retail is 1.38× subscribed. With 773 retail slots, allotment is by lottery: roughly 1 in 1 retail applicants may get a lot (indicative only).
Company Financials

Eventions Financials (FY24 – FY26)

Restated consolidated figures from the RHP, ₹ crore. Years end March 31.

Revenue vs Profit ₹ Cr
RevenueProfit after tax (not to scale)
Revenue FY24: ₹87.29 Cr87PAT FY24: ₹3.29 Cr3.3FY24Revenue FY25: ₹88.02 Cr88PAT FY25: ₹5.13 Cr5.1FY25Revenue FY26: ₹100.62 Cr101PAT FY26: ₹7.72 Cr7.7FY26

Financial statement

₹ CrFY24FY25FY26YoY
Revenue87.2988.02100.62+14.3%
EBITDA4.137.0910.19+43.7%
Profit after tax3.295.137.72+50.5%
Total assets29.0023.7750.63+113.0%
Net worth4.739.8618.13+83.9%
Reserves & surplus4.729.859.18−6.8%
Total borrowing2.013.579.44+164.4%
Revenue was flat at ~₹88 Cr in FY24-FY25 and rose ~14% to ₹100.6 Cr in FY26, while profit more than doubled from ₹3.3 Cr to ₹7.7 Cr over two years. Margins are thin (PAT ~7.7%), borrowings rose to ₹9.4 Cr from ₹3.6 Cr, and total assets roughly doubled in FY26.
Valuation

Eventions IPO Valuation & Peer Comparison

At the upper band of ₹118. Peers from the RHP "Basis for Offer Price".

Earnings
EPS pre-IPO
₹8.62
EPS post-IPO
₹6.34
P/E pre-IPO
13.7×
P/E post-IPO
18.6×
Returns & margins
ROE
55.16%
ROCE
48.76%
RoNW
55.16%
PAT margin
7.67%
EBITDA margin
10.22%
Price / Book
5.64×
Market cap
₹144 Cr
Debt / Equity
0.52×

Peer comparison

CompanyP/EP/BRoNWRevenue (₹ Cr)
Eventions18.6×5.64×55.16%100.62
Mach Conferences & Events22.4×———
E-Factor Experiences11.0×———
At ₹118 the price is ~18.6× FY26 earnings post-issue (~28× FY25), between listed peers E-Factor Experiences (~11×) and Mach Conferences (~22×), but ~5.6× book value. The price leans on the FY26 profit jump.
Company & Offer

About Eventions

Business profile from the RHP.

  • 2020Incorporated · Gurugram, Haryana
  • ₹100.6 CrRevenue FY26
  • 9+Countries with events (Europe, Middle East, Asia)
  • 35Employees (Mar 31, 2026)

Promoters & holding

Cristoo Arora, Ravi Rajak, Kirat Ahluwalia

Pre-issue99.96%
Post-issue73.46%

Objects of the issue

Working capital requirements₹18.80 Cr
Repayment/prepayment of certain borrowings₹7.00 Cr
Investment in subsidiary (Gantu Online Pvt. Ltd.)₹1.40 Cr
General corporate purposesBalance
IPOSignal Review

Eventions IPO Review: Should You Apply?

Our 100-point score, and both sides of the case.

50out of 100
Mixed Signal
Data confidence: Medium (60%)
Score breakdown
Financial health14/25
Valuation10/20
Business quality6/15
Industry growth6/10
Management5/10
Governance4/10
Subscription5/7
Sentiment0/3
GMP is not part of the score. The score describes the issue; it is not a listing-gain prediction or a recommendation.
Strongest area: Industry growth 6/10Weakest area: Business quality 6/15

Our view: Profit has more than doubled in two years, returns on equity are high and the asset-light model needs little capital. Against that, revenue barely grew until FY26, margins are thin, borrowings and receivables have climbed, over 90% of revenue is MICE, and at ~5.6× book the price leans on one strong year. The issue closed 2.45× subscribed overall (QIBs 26.18×).

Strengths
  • Profit rose from ₹3.3 Cr (FY24) to ₹7.7 Cr (FY26) on revenue of ₹100.6 Cr.
  • High returns on capital (RoE ~55%, RoCE ~49%) from an asset-light model that uses partners for venues, travel and production.
  • End-to-end MICE services with events run in India and abroad, including Europe, the Middle East and Asia-Pacific.
  • Post-issue P/E of ~18.6× sits between the two listed peers named (~11× and ~22×).
  • Promoters keep ~73.5% after the issue, and part of the money (₹7 Cr) goes to cutting debt.
Risks
  • Revenue was flat in FY24-FY25 (~₹88 Cr) and grew ~14% in FY26; IPOWatch flags the FY26 profit jump just before the IPO.
  • Thin margins (PAT ~7.7%, EBITDA ~10%) leave little room if corporate event budgets are cut.
  • Borrowings rose from ₹3.6 Cr to ₹9.4 Cr in FY26, and trade receivables of ~₹29.9 Cr are large next to ₹18 Cr of net worth.
  • Over 90% of revenue comes from MICE, a competitive and fragmented field that depends on corporate spending.
  • Priced at ~5.6× book value; most of the money raised goes to working capital, not new capacity.
  • SME listing: trading can be thin after listing, and applications need at least 2 lots (₹2.83 lakh).
Post-Listing Check

Eventions Listing Performance Updates after Oct 8

We close the loop: issue vs listing price, and how our score compared.

Issue price
₹118
Listing price
—
Listing gain
—
Our score
50/100
Mixed Signal
Allotment & Contacts

Eventions IPO Allotment Status & Contact Details

Allotment was finalised on Oct 6. Check it with your PAN or application number.

Mudra RTA Ventures Pvt. Ltd.

Registrar
Phone
9870297591 / 9870297592
Email
ipo@mudrarta.com
Website
mudrarta.com
Check allotment status →

Eventions Ltd.

Company
Address
Plot No. 108, Sector 44, Institutional, Gurugram, Haryana 122003
Phone
9871822880
Email
compliance@eventions.in
Website
eventions.in
FAQs

Eventions IPO FAQs

GMP, price, lot size, dates, allotment and how to apply.

What is Eventions IPO?

Eventions IPO is a ₹38.12 Cr SME book built issue, entirely a fresh issue. The shares will list on NSE SME.

What is the price band of Eventions IPO?

The price band is ₹112 – ₹118 per equity share of face value ₹10.

What is the lot size of Eventions IPO?

The minimum lot is 1,200 shares. Individual investors must apply for exactly 2 lots (2,400 shares).

What is the minimum investment for Eventions IPO?

The minimum individual investment is ₹2,83,200 (2,400 shares at ₹118).

When does Eventions IPO open and close?

The IPO opens on Sep 30, 2026 and closes on Oct 5, 2026.

What is the allotment date of Eventions IPO?

The basis of allotment is finalised on Oct 6, 2026. Refunds and demat credit are expected on Oct 7, 2026.

When will Eventions IPO be listed?

The tentative listing date is Oct 8, 2026 on NSE SME.

What is Eventions IPO subscription status?

At the end of Day 3 (Oct 5 · 5:00 PM IST), the issue was subscribed 2.45× overall — QIB 26.18×, bHNI 0.55×, sHNI 0.92×, Individual 1.38×.

What is the P/E ratio and valuation of Eventions IPO?

At the upper band, the P/E is 13.7× pre-issue and 18.6× post-issue, with a market cap of about ₹143.77 Cr. Listed peers include Mach Conferences & Events (22.4×) and E-Factor Experiences (11.0×).

Should I apply for Eventions IPO?

IPOSignal scores it 50/100 (Mixed Signal), with data confidence Medium (60%). Profit has more than doubled in two years, returns on equity are high and the asset-light model needs little capital. Against that, revenue barely grew until FY26, margins are thin, borrowings and receivables have climbed, over 90% of revenue is MICE, and at ~5.6× book the price leans on one strong year. The issue closed 2.45× subscribed overall (QIBs 26.18×). The score describes the issue; it is research, not investment advice or a prediction of listing gains.

How to check Eventions IPO allotment status?

Check on the registrar Mudra RTA Ventures Pvt. Ltd.'s site (mudrarta.com), or on the BSE / NSE allotment pages, using your PAN or application number.

Who is the registrar and lead manager of Eventions IPO?

The registrar is Mudra RTA Ventures Pvt. Ltd.. The book-running lead manager is Corporate Professionals Capital Pvt. Ltd.. The market maker is Aftertrade Broking Pvt. Ltd..

🔔 Get IPO alerts Our review