Eventions IPO
Eventions IPO Details
-
Open Date
30 Sep 2026
-
Close Date
05 Oct 2026
- IPO Price Range
₹ 112 to ₹118
- IPO Size
₹ 38 Cr
Eventions IPO Timeline
Eventions IPO Subscription Status
| Date | QIB | NII | Retail | TOTAL |
|---|---|---|---|---|
| 29-Sep-2026 | 19.89 | 0.16 | 0.02 | 1.12 |
Last Updated: 30 September 2026 11:08 PM by 5paisa
Eventions Limited operates in the Meetings, Incentives, Conferences and Exhibitions (MICE) and event management segment. The company provides services related to the planning, coordination and execution of corporate events, conferences and related programmes for corporate clients and institutions.
Its services cover venue coordination, travel arrangements, accommodation, logistics management and on-site event execution, depending on the scope of each engagement. Eventions follows a project-specific and largely asset-light model, working with hospitality providers, destination management companies, logistics partners and event-production vendors instead of maintaining significant event infrastructure of its own.
The company undertakes assignments across domestic as well as international locations. Its offerings include corporate meetings, incentive travel programmes, conferences, exhibitions, product launches, corporate gatherings, promotional campaigns and related event-management services. Eventions also provides execution support to other event-management companies for selected assignments.
During FY24, FY25 and FY26, the company executed more than 200 events across MICE programmes, corporate events and brand activations, including 107 events with a ticket size of ₹50 lakh and above. It has served more than 50 corporate clients across sectors such as banking, insurance, FMCG and event management. MICE remained its principal revenue segment, contributing 87.39% of revenue from operations in FY24, 91.77% in FY25 and 91.29% in FY26.
Established in: 2020
Whole-time Directors: Cristoo Arora and Ravi Rajak
CEO: Ravi Rajak
CFO: Cristoo Arora
Eventions Objectives
The company proposes to utilise the net proceeds from the issue towards:
1. Repayment and/or pre-payment of certain borrowings – ₹7 crore
2. Investment in subsidiary – ₹1.40 crore
3. Working capital requirements – ₹18.80 crore
4. General corporate purposes
Eventions IPO Size
| Type | Size |
|---|---|
| Total IPO Size | ₹38 Crore |
| Offer for Sale | Nil |
| Fresh Issue | ₹38 Crore |
Eventions IPO Lot Size
| Application | Shares | Amount (₹) |
|---|---|---|
| Individual Investors (Min) | 2,400 | ₹2,68,800 |
| Individual Investors (Max) | 2,400 | ₹2,83,200 |
| S-HNI (Min) | 3,600 | ₹4,24,800 |
| S-HNI (Max) | 8,400 | ₹9,91,200 |
| B-HNI (Min) | 9,600 | ₹11,32,800 |
Eventions IPO Reservation Table
| Investors Category | Subscription (times) | Shares Offered* | Shares bid for | Total Amount (Cr.)* | Total Applications |
|---|---|---|---|---|---|
| QIB (Ex Anchor) | 19.89 | 1,62,000 | 32,22,000 | 38.020 | 5 |
| Non-Institutional Buyers | 0.16 | 10,51,200 | 1,65,600 | 1.954 | 0 |
| bNII (> ₹10L) | 0.23 | 7,00,800 | 1,62,000 | 1.912 | |
| sNII (< ₹10L) | 0.01 | 3,50,400 | 3,600 | 0.042 | |
| Individual Investors | 0.02 | 18,55,200 | 36,000 | 0.425 | 15 |
| Total ** | 1.12 | 30,68,400 | 34,23,600 | 40.398 | 22 |
| Particulars (₹ Crore) | FY24 | FY25 | FY26 |
| Revenue from Operations | 86.57 | 87.53 | 99.74 |
| EBITDA | 4.13 | 7.09 | 10.19 |
| PAT | 3.29 | 5.13 | 7.72 |
| Particulars (₹ Crore) | FY24 | FY25 | FY26 |
| Total Assets | 29.00 | 23.77 | 50.63 |
| Share Capital | 0.01 | 0.01 | 8.95 |
| Total Liabilities* | 24.27 | 13.92 | 32.50 |
| Particulars (₹ Crore) | FY24 | FY25 | FY26 |
| Net Cash Generated From / (Used in) Operating Activities | 0.29 | -2.89 | -4.52 |
| Net Cash Generated From / (Used in) Investing Activities | -1.73 | -0.84 | 0.36 |
| Net Cash Generated From Financing Activities | 1.08 | 1.18 | 5.69 |
| Net Increase / (Decrease) in Cash and Cash Equivalents | -0.36 | -2.56 | 1.53 |
Strengths
1. The company offers an integrated service model across MICE programmes, corporate events, incentive travel and brand activations.
2. It provides event-management support across the full execution cycle, covering planning, venues, travel, accommodation, logistics, vendor coordination and on-site execution.
3. Its asset-light operating structure allows assignments to be executed across multiple geographies without significant investment in fixed event infrastructure.
4. Eventions has experience executing domestic and international programmes, including large assignments with billing values above ₹50 lakh.
5. A portion of the company's business comes from repeat corporate engagements, supporting continuity across periodic conferences, meetings, travel programmes and promotional events.
6. The promoters and management team have experience in MICE and event management, with the promoters collectively having around 20 years of sector experience.
Weaknesses
1. The business is working-capital intensive, with significant amounts tied up in trade receivables and other current assets.
2. Operating cash flow was negative in both FY25 and FY26 despite positive reported profits.
3. Revenue is concentrated in the MICE segment, which accounted for more than 90% of operating revenue in FY26.
4. The company depends extensively on third-party hotels, airlines, transport providers, event-production vendors and destination partners for service delivery.
5. Revenue has geographical concentration, with Haryana contributing 71.15% of revenue from operations in FY26.
6. Event revenue can be project-driven and may vary depending on client schedules, programme sizes and the mix of domestic and international assignments.
Opportunities
1. Continued growth in corporate meetings, incentive travel, conferences and exhibitions can expand the addressable market for MICE service providers.
2. Increasing corporate demand for destination-based programmes may create opportunities across both domestic and international event execution.
3. The company's asset-light model allows it to enter additional destinations by building relationships with hospitality, logistics and production partners.
4. Eventions can increase business from existing corporate customers through recurring conferences, employee programmes, dealer meets and incentive-travel assignments.
5. The acquisition of Gantu Online Private Limited provides exposure to travel-related services and may broaden the group's participation across the travel and experiential ecosystem.
6. Government initiatives aimed at developing convention infrastructure and promoting India as a MICE destination may support long-term industry development.
Threats
1. Dependence on third-party vendors creates exposure to availability, service quality, pricing and execution risks.
2. Delays, cancellations or changes to major corporate programmes can affect revenue recognition and profitability.
3. International events create exposure to foreign exchange movements, travel restrictions and operational complexities across jurisdictions.
4. Concentration among high-value assignments may make financial performance sensitive to the timing and size of individual events.
5. Competition from established and regional event-management businesses may place pressure on pricing and client retention.
6. Working-capital requirements may increase as event size and complexity grow, particularly where vendor payments precede collections from clients.
1. Integrated presence across MICE, corporate events, incentive travel and related event-management services.
2. More than 200 events executed across FY24-FY26, including 107 events with a ticket size of ₹50 lakh and above.
3. Experience in executing assignments across domestic and international destinations.
4. Revenue from operations increased from ₹86.57 crore in FY24 to ₹99.74 crore in FY26.
5. EBITDA margin improved from 4.77% in FY24 to 10.22% in FY26.
6. PAT increased from ₹3.29 crore in FY24 to ₹7.72 crore in FY26.
7. The issue proceeds are intended partly for reducing borrowings and partly for supporting subsidiary investment and working-capital requirements.
India's MICE and event-management industry is supported by demand for corporate conferences, incentive travel, exhibitions, product launches, employee programmes and other organised events. Development of convention infrastructure, improved connectivity and initiatives aimed at positioning India as a MICE destination could broaden the ecosystem available to event-management businesses.
Eventions operates through an asset-light model and coordinates with hotels, destination management companies, transport providers and other vendors to execute programmes across different locations. This structure provides flexibility to scale projects without maintaining significant fixed infrastructure.
The company's operating mix has increasingly shifted towards larger MICE engagements. Eventions executed 27 events with a contract value of ₹50 lakh or more in FY24, 31 in FY25 and 49 in FY26. International events within this high-value category increased from 11 in FY24 to 23 in FY26.
Revenue from operations rose from ₹86.57 crore in FY24 to ₹99.74 crore in FY26, while EBITDA margin expanded from 4.77% to 10.22%. However, further growth is likely to require additional working capital, particularly because of the timing difference between payments to vendors and collections from clients.
Open Free Demat Account
Be a part of 5paisa community - The first listed discount broker of India.
By proceeding, you agree to all T&C*
FAQs
Eventions IPO opens on September 30, 2026 and closes on October 5, 2026.
The size of Eventions IPO is approximately ₹38 crore. The issue consists entirely of a fresh issue, with no offer-for-sale component.
The price band of Eventions IPO is fixed at ₹112 to ₹118 per equity share.
To apply for Eventions IPO, follow the steps given below:
1. Log in to your 5paisa demat account and select the issue in the current IPO section.
2. Enter the number of lots and the price at which you wish to apply for the Eventions IPO.
3. Enter your UPI ID and submit the application.
4. You will receive a mandate notification in your UPI app to block the required funds.
The minimum application quantity for Eventions IPO is 2,400 shares. At the lower end of the price band, the investment is ₹2,68,800, while at the upper price of ₹118 per share, the application amount is ₹2,83,200.
The basis of allotment for Eventions IPO is expected to be finalised on October 6, 2026.
Eventions IPO is tentatively scheduled to list on the NSE SME platform on October 8, 2026.
Corporate Professionals Capital Private Limited is the Book Running Lead Manager to the issue. Mudra RTA Ventures Private Limited is the registrar.
The company proposes to utilise the net proceeds towards repayment or pre-payment of certain borrowings, investment in its subsidiary, working-capital requirements and general corporate purposes. The specified allocations include ₹7 crore towards borrowings, ₹1.40 crore towards investment in the subsidiary and ₹18.80 crore towards working capital.