Eventions Limited IPO
Open now30 Sep – 5 Oct 2026
What stands out in the offer document
The five questions
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1How it makes money₹91 of every ₹100 of sales comes from its "Mice" segment. ₹81 of every ₹100 comes from Haryana and Maharashtra.
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2Is it growing, and is profit turning into cash?Sales rose 15% from 2024 to 2026 (₹86.6 cr → ₹99.7 cr). Over 3 years it made ₹16.1 cr of profit and brought in −₹7.1 cr of cash from operations.
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3How much cushion does it have?It owes ₹0.52 for every ₹1 of its own money. The line for other is ₹2.
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4What you pay, and who gets the moneyAll the money raised goes to the company. At ₹118 you pay about ₹17 for every ₹1 of last year's profit (two figures in the document don't match; check p.106).
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5Who controls it, and what is on record?Promoters own 99% now and 73% after the IPO. The document discloses 3 legal matters.
Latest update:
Price band ₹112–₹118 · Closes 5 Oct 2026 · Allotment 6 Oct 2026 (Confirmed) · Lists 8 Oct 2026 (Expected)
What Eventions Limited does
Our Company operates in the Meetings, Incentives, Conferences and Exhibitions (“MICE”) and Event Management segment and is engaged in providing services relating to the planning, coordination and execution of corporate events, conferences and related activities.
Eventions Limited financials
Rs crore · AnnualLatest year highlighted in green. Sparklines show the trend.
| 2024 | 2025 | 2026 | ||
|---|---|---|---|---|
| Sales | 87 | 88 | 100 | |
| Operating Profit | 4 | 7 | 10 | |
| OPM % | 4.8% | 8.1% | 10.2% | |
| Net Profit | 3 | 5 | 8 | |
| Total Debt | 2 | 4 | 9 |
Eventions Limited IPO offer structure
Fresh issue: ₹38 cr
The offer-for-sale component is not stated in what we extracted from the offer document, so the full issue size and the split between the two are unknown. This figure is the fresh issue alone, not the total raise. Fresh issue proceeds go to the company; OFS proceeds go to selling shareholders.
Issue size and split come from a public aggregator rather than the exchange, cross-checked against a second one. The offer document states the offer-for-sale as a share count against a blank amount, so it cannot be read from the document itself.
Use of proceeds- Repayment and/or pre-payment, in full or part, of certain borrowings availed by our Company: ₹7 cr
- Investment in Subsidiary: ₹1 cr
- To meet working capital requirements: ₹19 cr
- General Corporate Purpose
Eventions Limited promoters and holding
- Mr. Cristoo Arora: Whole Time Director and CFO
- Mr. Ravi Rajak: Whole Time Director and CEO
- Mrs. Kirat Ahluwalia: Non-Executive Director
Eventions Limited strengths and risks
Company-stated strengths and disclosed risk factors from the offer document.
- Proven Track Record in Execution of Corporate Events and Conferences (p.106)
- Experienced Promoters with Industry Expertise (p.106)
- Asset-Light and Scalable Operating Model (p.106)
- Capability to Execute Large-Format Events (p.106)
- Client-Centric Approach with Repeat Business Relationships (p.106)
- Our Company derives a significant portion of its revenues from a limited number of customers, and any reduction, delay, or discontinuation of business from such customers could materially affect our revenues and profitability. (p.26)
- Our PAT margins increased significantly in Fiscal 2025 and Fiscal 2026, and such increased profitability levels and dependence on a limited number of customers may not be sustainable in future periods. (p.27)
- We intend to utilise a portion of the Net Proceeds towards investment in our subsidiary, Gantu Online Private Limited, which is at an early stage of operations with limited operating history and limited experience in the travel and FIT services business. (p.28)
- Conflict of interest may arise as certain promoter group entities are engaged or may be engaged in a similar line of business as our Company. (p.29)
- Our revenue is significantly derived from our MICE services, and any adverse changes in demand for such services may impact our business, results of operations and financial condition. (p.29)
Eventions Limited peer comparison: DRHP median P/E 16.7x
DRHP data only| Company | CMP | P/E | OPM% | ROE% | Source |
|---|---|---|---|---|---|
| Mach Conferences & Events Limited | — | 22.4x | — | — | DRHP |
| E-Factor Experiences Limited | — | 11.0x | — | — | DRHP |
P/E from offer document where live data unavailable. Not a fair-value judgement.
Eventions Limited market and competition
The Company competes with various organised and unorganised players in the event management and MICE services industry, including companies such as Mach Conferences & Events Limited and other mid-sized and regional event management agencies.
Eventions Limited outlook, as the document states it
Our Company intends to continue strengthening its MICE segment by increasing the number of destination-based corporate programs undertaken for existing and new corporate clients. We also intend to expand our client base by engaging with corporates across multiple industry sectors and scale our travel-related offerings through Gantu.
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Eventions Limited IPO: common questions
When does the Eventions Limited IPO open and close?
The Eventions Limited IPO is open from 30 Sep 2026 to 5 Oct 2026.
What is the Eventions Limited IPO price band?
The price band is ₹112–₹118 per share.
What is the lot size and minimum investment for the Eventions Limited IPO?
One lot is 1200 shares, and a retail application must be at least one lot. That is about ₹2,83,200 at the upper end of the band. An HNI application starts above Rs 2 lakh, so the minimum is higher for that category.
When are the Eventions Limited IPO allotment and listing dates?
Not published yet. Derived from the close date on the usual timetable: allotment around 6 Oct 2026, refund/unblock around 7 Oct 2026 and listing around 8 Oct 2026. Treat these as estimates until the exchange confirms them.
How do I apply for the Eventions Limited IPO?
Through any broker app or your bank's net banking, using a demat account and a PAN. You bid in lots at a price inside the band, or at cut-off. The money is blocked in your account, not debited, until allotment. One application per PAN. We do not recommend brokers and carry no broker links. How to apply, start to finish →
Sources & method
Subscription and issue data come from the NSE and BSE exchange feeds, with the third-party aggregator, clearly labelled, where an exchange feed is unreachable. DRHP analysis is extracted from the offer document itself, every figure cited to its page. Each figure on the page carries its source and its timestamp.
Grey-market premium (GMP) is unregulated.
Every GMP figure is a self-reported grey-market estimate. No exchange, regulator or clearing body records or audits it, and there is no settlement guarantee or recourse. Shown for context only; never decide on GMP alone. New to GMP? The 30-second explainer → Has GMP actually been right? →
How often do these actually open above the issue price?
Of the 712 SME IPOs that have listed on the NSE since 2016, 564 (79%) opened above their issue price, at a median of +11%. That is the segment's own record, not a forecast for this issue.