Eventions Shares List at ₹111 on NSE SME, a 5.93% Discount

Eventions shares made their stock market debut on October 8, 2026, listing at ₹111 per share on NSE SME compared with the IPO issue price of ₹118 per share. This represented a listing discount of 5.93%, or ₹7 per share below the issue price.

The listing followed the company's IPO, which was open from September 30 to October 5, 2026. The ₹38.12 crore issue comprised entirely a fresh issue of 32.30 lakh equity shares, with a price band of ₹112 to ₹118 per share.

Eventions operates in the events and experiential marketing industry, providing event management and related services. Its business is associated with planning, organising and executing events for corporate and other clients.

Eventions IPO Listing Details

The IPO was a ₹38.12 crore book-built issue comprising entirely a fresh issue of 32.30 lakh equity shares. There was no offer-for-sale component.

Of the total issue, 1.62 lakh equity shares were reserved for the market maker, while 30.68 lakh shares were offered to public investors, excluding the market-maker portion.

The issue received an overall subscription of 2.39 times. The QIB category recorded 26.18 times subscription, while Individual Investors subscribed 1.37 times. The NII category was subscribed 0.51 times.

- Issue Price: ₹118 per share
- NSE SME Listing Price: ₹111 per share
- Listing Discount: 5.93%
- Change From Issue Price at Listing: −5.93%
- Overall Subscription: 2.39 times
- Fresh Issue: ₹38.12 crore
- Offer for Sale: Nil
- Price Band: ₹112 to ₹118 per share
- IPO Open Date: September 30, 2026
- IPO Close Date: October 5, 2026
- Allotment Date: October 6, 2026
- Listing Date: October 8, 2026
- Exchange: NSE SME

First-Day Trading Performance

Listing Price: Eventions share price listed at ₹111 on NSE SME against the ₹118 issue price, translating into a discount of 5.93%. The listing price was ₹7 below the IPO price.

Post-listing Price: The stock opened at ₹111 per share on October 8, 2026. A subsequent trading-price snapshot was not provided in the available listing report, so the movement after the opening price has not been established.

Subscription Context: The IPO received 2.39 times overall subscription, with QIBs leading at 26.18 times, followed by Individual Investors at 1.37 times and NIIs at 0.51 times.
Within the NII segment, applications above ₹10 lakh were subscribed 0.31 times, while applications below ₹10 lakh recorded 0.91 times subscription.

The final subscription data showed bids for 73,24,800 shares against 30,68,400 shares offered to the public. The issue received 1,170 applications in total.

Growth Drivers and Challenges

Growth Drivers

Event Management Services: Eventions operates in the event management sector, providing services associated with planning, coordinating and executing events for clients.

Corporate Event Demand: The company's business is exposed to demand for corporate events, promotional activities and other organised event formats.

Experiential Marketing: Event-based marketing and brand engagement activities represent potential sources of business for companies operating in the events industry.

Fresh Capital Infusion: The ₹38.12 crore IPO comprised entirely fresh equity issuance, allowing the company to raise capital for its stated business and corporate requirements.

Challenges

Project-Based Revenue: Event management businesses may depend on individual contracts and projects, resulting in variations in revenue depending on event schedules and client requirements.

Client Spending: Demand for events and promotional activities can be influenced by corporate marketing budgets and discretionary expenditure.

Execution Requirements: Event management involves coordination with vendors, venues, service providers and other stakeholders. Delays or operational disruptions can affect project delivery.

Competitive Industry: The events and experiential marketing sector includes several organised and unorganised service providers, creating competition in pricing, client acquisition and execution capabilities.

Working Capital Requirements: Event execution may require advance payments to vendors and service providers, creating working capital requirements before final client collections.

Utilisation of IPO Proceeds

The ₹38.12 crore IPO comprised entirely a fresh issue of 32.30 lakh equity shares, with no offer-for-sale component.

The fresh issue proceeds are intended to support the company's stated business and corporate requirements, subject to the allocation disclosed in its offer documents.

The issue also included a reservation of 1.62 lakh equity shares for the market maker, while 30.68 lakh shares were offered to public investors, excluding the market-maker portion.

The detailed allocation of the net proceeds among individual objectives was not provided in the supplied listing report.

Business and IPO Overview

Eventions operates in the events and experiential marketing sector, providing services associated with event planning, management and execution. Its business is linked to organised events, promotional activities and client requirements for event-related services.

The company's operating environment is influenced by demand for corporate events, marketing activities and other event formats, along with the availability of vendors, venues and execution resources.

The company raised ₹38.12 crore through a book-built IPO priced at ₹118 per equity share. The issue comprised 32.30 lakh fresh equity shares, including a market-maker reservation of 1.62 lakh shares.

The IPO opened on September 30 and closed on October 5, 2026. It received 2.39 times overall subscription, with QIBs subscribing 26.18 times, Individual Investors 1.37 times and NIIs 0.51 times.

Shares listed at ₹111 on NSE SME against the ₹118 issue price on October 8, 2026, representing a listing discount of 5.93%.