Eventions Ltd IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| QIB | 26.18x | 162,000 | 4,240,800 | ₹2 Cr |
| NII (HNI) | 0.52x | 1,051,200 | 543,600 | ₹12 Cr |
| Retail | 1.38x | 1,855,200 | 2,558,400 | ₹22 Cr |
| Market Maker | — | 162,000 | — | ₹2 Cr |
| Σ Total | 2.39x | 3,068,400 | 7,342,800 | ₹36 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 1,200 | ₹141,600 |
| Retail (Max) | 13 | 15,600 | ₹1,840,800 |
| S-HNI (Min) | 14 | 16,800 | ₹1,982,400 |
| B-HNI (Min) | 67 | 80,400 | ₹9,487,200 |
Financial Statements Amount in ₹ Crore
| Metric | 31 Mar 2026 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Revenue | 101 | 88 | 87 |
| EBITDA | 10 | 7 | 4 |
| Profit After Tax | 8 | 5 | 3 |
| Net Worth | 18 | 10 | 5 |
| Total Assets | 51 | 23,770 | 29 |
| Reserves & Surplus | 9 | 10 | 5 |
| Total Borrowing | 9 | 4 | 2 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- Repayment and/or pre-payment, in full or part, of certain borrowings availed by the Company – 7.00
- Investment in Subsidiary – 1.40
- To meet working capital requirements – 18.80
- General Corporate Purpose –
Company Overview
Incorporated in December 2020, Eventions Limited is engaged in the Meetings, Incentives, Conferences and Exhibitions (“MICE”) and event management segment. The Company provides services for planning, coordination and execution of corporate events, conferences and related activities, primarily for corporate and institutional clients.The Company offers a range of services including MICE services, corporate events, conferences, incentive travel programs, virtual events, Free Independent Travel (“FIT”) services, and brand and marketing activations. Its services cover venue coordination, travel and accommodation arrangements, logistics management and on-site event execution. The Company primarily operates through a B2B model and also provides execution support to other event management companies for large-scale or multi-location assignments.
The Company follows an asset-light business model and coordinates with hospitality providers, destination management companies, logistics partners and event production vendors to execute assignments across different locations. It has executed events across India and international destinations in Europe, the Middle East and Asia-Pacific, including Spain, France, the Netherlands, Switzerland, Hungary, the UAE, Azerbaijan, Singapore and Indonesia. During the Financial Years 2026, 2025 and 2024, the Company executed 107 successful events with individual billing value exceeding ₹50 lakh and served more than 50 corporate clients.
The Company’s MICE segment contributed 91.29%, 91.77% and 87.39% of its revenue from operations in Financial Years 2026, 2025 and 2024, respectively. Its client base includes organisations from sectors such as banking, insurance, FMCG and event management. The Company has also received industry recognition, including the “India’s Leading MICE & Event Brand of the Year” award for 2024–25 and a Certificate of Appreciation from TBO.com. Its subsidiary, Gantu Online Private Limited, focuses on B2C travel and customised travel experiences.
As on March 31, 2026, the Company had a total workforce of 35 employees across accounts and finance, HR and administration, client servicing, creative, events operations and MICE operations.
Competitive Strengths
- Asset-light business model.
- End-to-end event management capabilities.
- Experienced Promoter and Management Team.
- Event execution capabilities across multiple geographies.
- Integrated service model for MICE and corporate events.
- Established corporate client relationships and repeat engagements.