Eventions Limited is a Gurugram-based company operating in the Meetings, Incentives, Conferences and Exhibitions (MICE) and event-management segment. Incorporated in December 2020 as Eventions Private Limited, the company was converted into a public limited company in February 2026. The Eventions IPO is a fresh issue proposed to be listed on the NSE Emerge platform.
Table of Contents
- Eventions IPO Details
- Eventions IPO Dates
- Eventions Business Overview
- How Will Eventions Use the IPO Proceeds?
- Eventions Financial Performance
- Eventions Profitability
- Eventions IPO Valuation
- Eventions Promoters
- Eventions IPO GMP
- Eventions IPO Strengths
- Eventions IPO Risks
- Should You Apply for Eventions IPO?
- What Investors Should Check
- Eventions IPO FAQs
The Eventions IPO is a 100% book-built fresh issue of up to 32,30,400 equity shares with a face value of ₹10 each. The IPO does not include an offer for sale. The proposed issue is to be listed on NSE Emerge. The DRHP identifies Corporate Professionals Capital Private Limited as the book-running lead manager and Mudra RTA Ventures Private Limited as the registrar.
| Particulars |
Details |
| Company |
Eventions Limited |
| IPO type |
Book-built SME IPO |
| IPO open date |
30 September 2026 |
| IPO close date |
5 October 2026 |
| Price band |
₹112 to ₹118 per share |
| Face value |
₹10 per share |
| Issue size |
Approx. ₹38.12 crore |
| Fresh issue |
Approx. ₹38.12 crore |
| Offer for sale |
Nil |
| Issue shares |
Up to 32,30,400 shares |
| Lot size |
1,200 shares |
| Minimum retail application |
2 lots, or 2,400 shares |
| Minimum investment at upper band |
₹2,83,200 |
| Listing platform |
NSE Emerge |
| Expected allotment date |
6 October 2026 |
| Expected listing date |
8 October 2026 |
| Lead manager |
Corporate Professionals Capital Pvt. Ltd. |
| Registrar |
Mudra RTA Ventures Pvt. Ltd. |
The issue includes 1,62,000 equity shares reserved for the market maker. The net issue is expected to represent approximately 25.18% of the post-issue paid-up equity capital.
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Get the latest Eventions IPO details, including its price band, issue size, lot size, minimum investment and proposed NSE Emerge listing.
The Eventions IPO is scheduled to open on 30 September 2026 and close on 5 October 2026. The proposed allotment date is 6 October, followed by the expected listing on 8 October 2026.
| Eventions IPO event |
Date |
| IPO opens |
30 September 2026 |
| IPO closes |
5 October 2026 |
| Allotment |
6 October 2026 |
| Expected listing |
8 October 2026 |
Eventions provides event-management and MICE-related services, covering the planning, coordination and execution of corporate and institutional events.
Its services include:
- Meetings and conferences
- Incentive programmes
- Corporate events
- Exhibition-related services
- Travel and accommodation coordination
- Event logistics
- On-ground event execution
- Brand and marketing activations
The company's business model involves managing multiple components of events on a project-specific basis. This makes project execution, client relationships and working-capital management important areas for investors to monitor.
Eventions was incorporated on 15 December 2020 as Eventions Private Limited. Following a shareholder resolution in February 2026, it was converted into a public limited company and renamed Eventions Limited.
The company plans to use the IPO proceeds for debt repayment, investment in its subsidiary and working-capital requirements.
| Use of IPO proceeds |
Amount |
| Repayment/prepayment of borrowings |
₹7.00 crore |
| Investment in subsidiary |
₹1.40 crore |
| Working-capital requirements |
₹18.80 crore |
| Total identified utilisation |
₹27.20 crore |
Working capital represents the largest identified use of funds. This is relevant because event-management assignments can require the company to incur expenses before receiving corresponding client payments.
The remaining portion of the issue proceeds is subject to the purposes and issue expenses specified in the final offer documents.
Eventions reported growth in revenue and profit between FY2024 and FY2026. Revenue increased from ₹87.29 crore in FY2024 to ₹100.62 crore in FY2026, while PAT increased from ₹3.29 crore to ₹7.72 crore.
FY2024 Financial Performance
| Particulars |
FY2024 |
| Revenue/Total income |
₹87.29 crore |
| Expenses |
₹82.86 crore |
| PAT |
₹3.29 crore |
| Total assets |
₹29.00 crore |
FY2025 Financial Performance
| Particulars |
FY2025 |
| Revenue/Total income |
₹88.02 crore |
| Expenses |
₹81.00 crore |
| PAT |
₹5.13 crore |
| Total assets |
₹23.77 crore |
FY2026 Financial Performance
| Particulars |
FY2026 |
| Revenue/Total income |
₹100.62 crore |
| Expenses |
₹90.40 crore |
| PAT |
₹7.72 crore |
| Total assets |
₹50.63 crore |
The FY2026 figures show that profit growth was stronger than revenue growth over the period. However, the company's operating scale remains relatively small, making the sustainability of project volumes and margins important considerations.
The company's disclosed FY2026 profitability indicators are as follows:
| Metric |
FY2026 |
| EBITDA margin |
10.22% |
| PAT margin |
7.67% |
| ROE |
52.07% |
| ROCE |
48.76% |
| Basic EPS |
₹8.90 |
| NAV |
₹20.92 |
These ratios should be assessed alongside the company's size, project-based business model and working-capital requirements.
At the upper price band of ₹118 per share, the implied post-issue equity value can be assessed against FY2026 earnings.
Using FY2026 PAT of ₹7.72 crore and approximately 1.218 crore post-issue shares, the calculated post-issue EPS is approximately ₹6.34.
At ₹118 per share, this implies a calculated P/E of approximately 18.6 times based on FY2026 PAT.
This is a calculated valuation rather than a company-stated forward valuation. The actual valuation should be considered using the final post-issue share capital and financial information in the applicable offer document.
The promoters identified in the company's DRHP are Cristoo Arora and Ravi Rajak. The company was incorporated in 2020 and became a public limited company in February 2026.
Eventions IPO GMP refers to the premium, if any, quoted in the unofficial grey market before listing. GMP is not an official exchange metric and is not determined by NSE or SEBI.
Therefore, investors should not treat an unofficial Eventions IPO GMP quotation as an indication of the actual listing price or post-listing performance. The DRHP also states that the offer price should not be considered indicative of the market price after listing.
Eventions has reported improvement in revenue and profitability, while the IPO proceeds are planned to support its business and financial requirements. Below are the key strengths of the company:
1. Revenue and Profit Growth
Revenue increased from ₹87.29 crore in FY2024 to ₹100.62 crore in FY2026, while PAT increased from ₹3.29 crore to ₹7.72 crore.
2. Entirely Fresh Issue
The Eventions IPO is entirely a fresh issue. Consequently, the capital raised through the fresh issue is intended for the company's stated business and balance-sheet requirements rather than an OFS by existing shareholders.
3. Working-Capital Funding
₹18.80 crore is proposed for working capital. This can provide additional funding for the company's operating cycle and project execution requirements.
4. Debt Repayment
₹7 crore of IPO proceeds is proposed for repayment or prepayment of borrowings, which can reduce the company's outstanding debt requirements.
While Eventions has reported growth in revenue and profit, investors should also consider the key risks associated with its business model and IPO.
1. Project-Based Business
Revenue can depend on the timing, size and number of events and MICE assignments secured and executed by the company.
2. Working-Capital Dependence
A substantial identified portion of IPO proceeds is earmarked for working capital. Investors should therefore monitor receivables, cash conversion and operating cash flow.
3. Small Operating Scale
FY2026 revenue was ₹100.62 crore. The company's relatively small operating scale means changes in project volumes or individual assignments can affect financial performance.
4. SME Listing
The proposed NSE Emerge listing carries the characteristics of an SME security. Trading liquidity can differ from that of mainboard-listed companies.
5. Limited Public-Company History
Although Eventions was incorporated in 2020, it was converted into a public limited company only in February 2026. Therefore, its history as a public company is limited.
The Eventions IPO has a mix of positive financial trends and business-specific risks. Before making an investment decision, investors can consider the following factors:
- Financial performance: Revenue increased from ₹87.29 crore in FY2024 to ₹100.62 crore in FY2026, while PAT increased from ₹3.29 crore to ₹7.72 crore.
- Use of IPO proceeds: A significant portion of the identified proceeds is planned for working capital, along with debt repayment and investment in a subsidiary.
- Valuation: At the upper price band of ₹118, the calculated FY2026 P/E is approximately 18.6 times.
- Business model: Revenue depends on the company's ability to secure and execute MICE and event-management projects.
- Operating scale: FY2026 revenue stood at ₹100.62 crore, indicating a relatively small operating scale.
- SME listing: The proposed NSE Emerge listing may have different liquidity characteristics compared with mainboard-listed companies.
- Public-company track record: Eventions became a public limited company only in February 2026.
Investors should weigh these factors along with their own investment objectives, risk tolerance and assessment of the IPO before applying.
Interested in applying for the Eventions IPO? Apply online through Zerodha.
Investors reviewing the Eventions IPO should examine:
- Sustainability of revenue and PAT growth
- Customer and project concentration
- Receivables and operating cash flow
- Working-capital requirements
- Borrowing levels after the IPO
- Execution of larger contracts and events
- Post-issue valuation
- Liquidity on the NSE SME platform
Want to compare Eventions with other SME offerings on pricing, issue size, and minimum application requirements? Check recent SME IPOs for their key issue details.
1. What is the Eventions IPO price band?
The Eventions IPO price band is ₹112 to ₹118 per equity share.
2. When does the Eventions IPO open and close?
The Eventions IPO is scheduled to open on 30 September 2026 and close on 5 October 2026.
3. What is the Eventions IPO issue size?
The Eventions IPO issue size is approximately ₹38.12 crore. The issue is entirely a fresh issue, with no OFS.
4. What is the Eventions IPO valuation?
Based on FY2026 PAT of ₹7.72 crore and an estimated post-issue share count of approximately 1.218 crore shares, the calculated post-issue EPS is around ₹6.34. At ₹118, the calculated P/E is approximately 18.6 times.
5. Where will Eventions IPO be listed?
Eventions is proposed to be listed on the NSE Emerge SME platform.