Eventions IPO

The Eventions SME IPO runs from 30 Sept 2026 to 5 Oct 2026, offered at a price band of ₹112–118 per share, and is set to list on NSE. The company is looking to raise ₹38.12 crore through the offer. Retail investors bid in lots of 1200 shares, a minimum application of ₹2,83,200.

Issue structure

The IPO is structured entirely as a fresh issue of ₹36.21 crore, so the full proceeds flow to the company to fund its stated objects of the issue.

Objects of the issue

Per the offer document, the company intends to deploy the net proceeds primarily toward to meet working capital requirements (₹18.8 crore), alongside repayment and/or pre-payment, in full or part, of certain borrowings availed by the company (₹7 crore). In all, 4 objects are disclosed — the full break-up is in the table above.

Financials

In FY2026, Eventions reported revenue of ₹100.62 crore and a net profit of ₹7.72 crore. Revenue grew from ₹87.29 crore in FY2024 to ₹100.62 crore in FY2026 (+15.0%). Net worth stood at ₹18.13 crore at the end of FY2026. At the upper band, that puts the issue at roughly 13.7× FY2026 earnings (P/E), a figure worth comparing against listed peers in the sector.

Valuation

At the upper band, the issue is priced at 18.61× post-issue earnings and 5.64× book value, against a return on net worth of 55.16% and a debt-to-equity ratio of 0.52. These ratios come from the offer document and are for comparison, not a recommendation.

Peer comparison

The offer document names listed peers including E-Factor Experiences Ltd. and Mach Conferences & Events Ltd., with a median peer P/E of about 16.7×. The issue's own post-issue P/E works out to 18.61×.

Promoters

The promoters of the company are <p>Cristoo Arora, Ravi Rajak, Kirat Ahluwalia</p>. Promoter holding stands at 99.96% before the issue and comes down to 73.46% after listing.

Grey market premium (GMP)

In the unofficial grey market, Eventions shares are quoted at a premium of ₹0 implying an expected listing around ₹118, about +0.0% over the upper band. Grey market premium is a sentiment indicator set by private dealers, not the company or the exchange — it moves quickly and is not a reliable predictor of the actual listing price.

Subscription

The Eventions IPO was subscribed 2.39 times overall. The strongest demand came from qualified institutional buyers (QIB) at 26.18 times, with non-institutional investors (NII) at 0.52× and retail investors at 1.38×.

Listing performance

Eventions listed on 8 Oct 2026 at ₹111, a discount of -5.9% over the issue price of ₹118.

What to weigh

When evaluating the Eventions IPO, the data points most investors look at are the fresh-issue-versus-OFS split, the revenue and profitability trend, subscription demand across investor categories and the grey market premium. Grey market premium and subscription figures reflect short-term sentiment rather than long-term fundamentals; the figures on this page are for information only and are not investment advice.

About Eventions

Incorporated 2020, Eventions Limited is engaged in providing event management and experiential marketing services. It specializes in planning and executing corporate events, brand activations, exhibitions, conferences, and promotional campaigns. The company offers end-to-end solutions, including event conceptualization, design, logistics, and on-ground execution. It caters to corporate clients across various industries, helping them enhance brand visibility and customer engagement through customized event experiences. Eventions Private Limited focuses on creativity, timely execution, and client-centric solutions, aiming to deliver impactful and memorable events. The company has undertaken assignments for clients operating across various sectors including banking, insurance, event management, fast-moving consumer goods and other industry. Service: MICE services, including meetings, conferences and incentive travel programs Corporate events, including product launches, conferences and corporate gatherings including Virtual events, conducted through digital platforms Free Independent Travel (&ldquo;FIT&rdquo;) services, comprising customised travel arrangements. Brand and marketing activations, involving promotional and on-ground marketing activities Competitive Strengths: Integrated service model for MICE and corporate events End-to-End Event Management Capabilities Asset-Light Business Model Event Execution Capabilities Across Multiple Geographies