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 name | Exhicon Events Media Solutions Limited |
| Sector | Miscellaneous |
| Industry | Miscellaneous |
| Company Website | https://exhicongroup.com/ |
The objective of the Issue
- Working capital gap and general corporate expenses.
- Acquisition of exhibition material.
- Issue expenses.
IPO Timetable
| IPO Opening date | 31 March 2023 |
| IPO Closing | 05 April 2023 |
| Basis of Allotment | 11 April 2023 |
| Initiation Refund | 12 April 2023 |
| Credit to Demat Account | 13 April 2023 |
| Listing Date | 17 April 2023 |
IPO details
| Issue type | Book Built Issue IPO |
| IPO issue size | ₹21.12 Cr – 3,300,000 shares |
| Fresh Issue | ₹21.12 Cr – 3,300,000 shares |
| Offer for sale | Nil |
| Face value | ₹10 per share |
| Price Band | ₹61 to ₹64 per share |
| Lot size | 2000 Shares |
| Retail Allocation | 35% |
| Listing Exchange | BSE SME |
IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 2000 | ₹128,000 |
| Retail (Max) | 1 | 2000 | ₹128,000 |
| HNI (Min) | 2 | 4,000 | ₹256,000 |
Reservation Details
| QIB Shares Offered | 50% |
| NII (HNI) Shares Offered | 15% |
| Retail Shares Offered | 35% |
Financial Performance
| FY 2021 | FY 2022 | H1 FY 2023 | |
| Revenue | 946.82 | 4,635.11 | 2,931.08 |
| Expenses | 927.26 | 4,072.53 | 2,295.45 |
| Net income | 11.73 | 428.38 | 470.37 |
Valuations & Margins
| FY 2020 | FY 2021 | FY 2022 | |
| EPS | (641.20) | 117.30 | 4,283.80 |
| PE ratio | – | – | – |
| RONW (%) | (683.91) | 37.04 | 93.11 |
| NAV | 89.50 | 316.7 | 4,600.80 |
| ROCE (%) | – | 33.94 | 123.26 |
| EBITDA (%) | – | 4.47 | 13.86 |
| ROE(%) | – | 62.21 | 174.23 |
Company Promoters
- Mr. Mohammad Quaim Syed
- Ms. Padma Mishra
Promoter Holding
| Pre Issue Share Holding | 100% |
| Post Issue Share Holding |
Lead Manager(s)
- Share India Capital Services Private Limited
IPO Registrar
LINK INTIME INDIA PRIVATE LIMITED
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
EXHICON EVENTS MEDIA SOLUTIONS LIMITED
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
