Exhicon Events Media Solutions Limited IPO Detail
Incorporated in 1997, Exhicon Events Media Solutions Limited provides products and services for the exhibition, conferences, and events industry.
The company offers media to integrated marketing solutions, event infrastructure, and management to organizing solutions to B2B and B2C fairs and events.
Exhicon also supplies steel AC structures, octanorm systems, flooring and carpets, modular registration setup, furniture and general lighting, sound light and video, branding & signage's' CCTV and hardware setup, modular stocks of outdoor and indoor event venue construct spread over 5 cities of India.
The company has following subsidiaries:
Company Promoters
Mr. Mohammad Quaim Syed and Ms. Padma Mishra are the company promoters.IPO Details
| IPO Opening Date | Mar 31, 2023 |
| IPO Closing Date | Apr 05, 2023 |
| Issue Type | Book Built Issue IPO |
| Face Value | ₹10 per equity share |
| IPO Price | ₹61 - 64 per equity share |
| Market Lot | 2000 Shares |
| Min Order Quantity | 2000 Shares |
| Listing At | BSE SME |
| Issue Size | ₹21.12 Cr |
| Fresh Issue | 3,300,000 shares (aggregating up to ₹[.] Cr) |
| Offer for Sale | - |
| Retail Portion | 35% |
IPO Tentative Timetable
The Exhicon Events Media Solutions Limited IPO open date is Mar 31, 2023, and the close date is Apr 05, 2023. The issue may list on Apr 17, 2023.
| IPO Open Date | Mar 31, 2023 |
| IPO Close Date | Apr 05, 2023 |
| Basis of Allotment Date | Apr 11, 2023 |
| Initiation of Refunds | Apr 12, 2023 |
| Credit of Shares to Demat Account | Apr 13, 2023 |
| IPO Listing Date | Apr 17, 2023 |
IPO Lot Size
The Exhicon Events Media Solutions Limited IPO market lot size is 2000 shares. A retail-individual investor can apply for up to 1 lots (2000 shares or ₹128000).
| Application | Lots | Shares | Amount (Cut-off) |
|---|---|---|---|
| Minimum | 1 | 2000 | ₹128000 |
| Maximum | 1 | 2000 | ₹128000 |
IPO Promoter Holding
| Pre Issue Share Holding | 100% |
| Post Issue Share Holding |
Company Financials:
For the year/period ended (₹ in Lakhs)
| Financial Year | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 31-Mar-21 | 788.06 | 949.12 | 11.73 |
| 31-Mar-22 | 1747.60 | 4651.08 | 428.38 |
| 30-Sep-22 | 2168.42 | 2931.08 | 470.37 |
Objects of the Issue:
The proceeds from the issue will be used for the following objects:
1) Working capital gap and general corporate expenses.
2) Acquisition of exhibition material.
3) Issue expenses.
Exhicon Events Media Solutions Limited IPO Registrar:
Link Intime India Private Ltd
Exhicon Events Media Solutions Limited IPO Lead Manager(s):
Share India Capital Services Private Limited
Company Contact Information:
Exhicon Events Media Solutions Limited
103, Crystal Paradise, DS Road, off Veera Desai Road, Andheri (W)
Mumbai
Mumbai
