Exhicon Events Media Solutions IPO

Exhicon Events Media Solutions IPO will open for subscription from 31 March 2023. the company aims for an issue size of ₹21.12 Cr through this IPO.

About Company

Incorporated in 1997, Exhicon Events Media Solutions provides products and services for the exhibitions, conferences, and events industry. Its solutions include media to integrated marketing solutions, temporary to permanent event infrastructure, and management to organizing. The company has successfully developed itself into end to end services provider for the exhibition and event industry.

Exhicon Events also supplies large span steel AC structures, octanorm systems, flooring and carpets, modular registration setup, furniture, and general lighting, sound light and video, branding & signage CCTV and hardware setup, huge modular stocks of outdoor and indoor event venue construct spread over 5 cities of India.

The company also has the following subsidiaries:

  • Copo Digital Services (India) Private Limited: Copo Digital is primarily engaged in the business of technology consulting, development, and support services.
  • Digiglobe Advertising Private Limited: Digiglobe is primarily engaged in the business of Online media and advertising.

Basic details about the company

Full nameExhicon Events Media Solutions Limited
Company Websitehttps://exhicongroup.com/

The objective of the Issue

  • Working capital gap and general corporate expenses.
  • Acquisition of exhibition material.
  • Issue expenses.

IPO Timetable

IPO Opening date31 March 2023
IPO Closing05 April 2023
Basis of Allotment11 April 2023
Initiation Refund12 April 2023
Credit to Demat Account13 April 2023
Listing Date17 April 2023

IPO details

Issue typeBook Built Issue IPO
IPO issue size₹21.12 Cr – 3,300,000 shares
Fresh Issue₹21.12 Cr – 3,300,000 shares
Offer for saleNil
Face value₹10 per share
Price Band₹61 to ₹64 per share
Lot size2000 Shares
Retail Allocation35%
Listing ExchangeBSE SME

IPO Lot Size

Retail (Min)12000₹128,000
Retail (Max)12000₹128,000
HNI (Min)24,000₹256,000

Reservation Details

QIB Shares Offered50%
NII (HNI) Shares Offered15%
Retail Shares Offered35%

Financial Performance

 FY 2021FY 2022H1 FY 2023
Net income11.73428.38470.37
(Amount in ₹ Lakhs)

Valuations & Margins

FY 2020FY 2021FY 2022
PE ratio
RONW (%)(683.91)37.0493.11
ROCE (%)33.94123.26
EBITDA (%)4.4713.86

Company Promoters

  • Mr. Mohammad Quaim Syed
  • Ms. Padma Mishra

Promoter Holding

Pre Issue Share Holding100%
Post Issue Share Holding

Lead Manager(s)

  • Share India Capital Services Private Limited

IPO Registrar

451, Krishna Apra Business Square,
Netaji Subhash Place, Pitampura, Delhi, 110034
Phone: +91 810 811 4949
Email: exhiconevents.ipo@linkintime.co.in
Website: www.linkintime.co.in

Contact Details

103, Crystal Paradise,
DS Road, off Veera Desai Road,
Andheri (W) Mumbai City, Maharashtra 400053
Phone: 8097538188
E-mail: cs@exhiconevents.in
Website: www.exhicongroup.com

Allotment Status

Exhicon Events IPO allotment status will be available on Link Intime’s website. Click on Link Intime IPO weblink to get allotment status.

Final thoughts

Exhicon Events Media Solutions IPO is going to hit Dalal street soon. applying for an IPO is purely a personal choice. study well about the company and do subscribe if you are feeling good about the company. I hope this post will give you enough details to make a fundamental study of the company. learn well and make wise decisions.

Happy Investing

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