Eventions (SME IPO)
📅 Dates: 30 Sep - 05 Oct • 💰 Issue Size: 32,30,400 shares (agg. up to ₹38 Cr)Complete guide to Eventions SME IPO: latest Grey Market Premium (GMP), live bidding subscription status, price band, lot size, financial report, and investment analysis.
📊 Overview & Key Highlights
| Parameter | Details |
|---|---|
| Issue Type | SME IPO (SME) |
| Issue Dates | 30 Sep - 05 Oct |
| Price Band | ₹112 to ₹118 |
| Total Issue Size | 32,30,400 shares (agg. up to ₹38 Cr) |
| Minimum Market Lot | 1200 shares |
| Listing Price (Debut) | ₹111.00 (-₹7.00 (-5.93%)) |
| Subscription Status | 2.39x (Final / Bidding Closed) |
| Investor Demand Rating | ⭐⭐⭐☆☆ (3/5 - Moderate Demand) |
📈 Live Subscription Demand
| Category | Subscription Multiplier (x) |
|---|---|
| Qualified Institutional (QIB) | 26.18x |
| Non-Institutional / HNI | 0.52x |
| Retail Individual (RII) | 1.38x |
| Total Subscription | 2.39x (Updated: 08 Oct, 17:37) |
🎯 Investment Analysis & Verdict
📌 Business Model & Revenue Streams
Eventions sells end‑to‑end event management services – from concept design and logistics to on‑ground execution and virtual production – to corporate and institutional clients. Fees are earned on a project‑basis (fixed fees, cost‑plus or revenue‑share models) and on ancillary services such as travel bookings and brand activation placements.🚀 Key Strengths & Growth Drivers
• Asset‑light structure lets the firm scale quickly by leveraging a vetted network of hospitality and production partners, keeping fixed costs low.• Growing corporate spend on hybrid and experiential events in India and overseas creates a tailwind for demand.
• Ability to bundle physical and virtual event solutions gives a differentiated offering that appeals to post‑pandemic client expectations.
⚠️ Key Risks & Red Flags
• Heavy reliance on a handful of large corporate accounts could hurt revenue if any key client pulls back.• Cash conversion cycles are tied to event timelines; delayed payments or cancellations can strain working capital.
• As an SME, limited access to cheap financing may force the company to raise capital at higher cost if growth outpaces cash flow.
🎯 Retail Verdict
The IPO looks like a classic listing pop for an asset‑light service player with upside from corporate event spend, but the business is still vulnerable to client concentration and cash‑flow timing. Retail investors looking for a short‑term catalyst might find the price band attractive, while long‑term bets should weigh the liquidity risk and the need for sustained corporate budgets. Caution is advised unless you’re comfortable with the SME risk profile.📅 Tentative Timetable
| Event | Tentative Date |
|---|---|
| IPO Open | Wed, Sep 30, 2026 |
| IPO Close | Mon, Oct 5, 2026 |
| Allotment | Tue, Oct 6, 2026 |
| Refund | Wed, Oct 7, 2026 |
| Credit of Shares | Wed, Oct 7, 2026 |
| Listing | Thu, Oct 8, 2026 |
💼 Market Lot & Investment Sizing
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual investors (IND) (Min) | 2 | 2400 | ₹2,83,200 |
| Individual investors (IND) (Max) | 2 | 2400 | ₹2,83,200 |
| S-HNI (Min) | 3 | 3600 | ₹4,24,800 |
| S-HNI (Max) | 7 | 8400 | ₹9,91,200 |
| B-HNI (Min) | 8 | 9600 | ₹11,32,800 |
💰 Financial Summary
| Period Ended | 31 Mar 2026 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Assets | 50.63 | 23.77 | 29.00 |
| Total Income | 100.62 | 88.02 | 87.29 |
| Profit After Tax | 7.72 | 5.13 | 3.29 |
| EBITDA | 10.19 | 7.09 | 4.13 |
| NET Worth | 18.13 | 9.86 | 4.73 |
| Reserves and Surplus | 9.18 | 9.85 | 4.72 |
| Total Borrowing | 9.44 | 3.57 | 2.01 |
| Amount in ₹ Crore |
🏢 About Eventions
Eventions is an asset‑light event management firm that designs, coordinates and executes corporate gatherings, conferences, incentive travel programmes, virtual events, FIT services and brand activations for institutional and corporate clients. Leveraging a network of hospitality providers, destination‑management companies, logistics partners and production vendors, it delivers end‑to‑end solutions across India and international locations in Europe, the Middle East and Asia‑Pacific.💬 Community Discussion & Views
Are you planning to apply for the Eventions IPO? Share your bidding strategy, allotment status, or listing expectations with fellow investors in the replies below!👉 Browse all upcoming Mainboard & SME IPOs on UNP
Disclaimer: All IPO details provided above are for educational and informational purposes only. Readers are advised to consult their financial advisors and review the Red Herring Prospectus (RHP) before investing.
📌 Thread Quick Navigation: Post #2: Live & Historic GMP | Post #3: Subscription Stats | Post #4: Allotment Status | Post #5: Listing Debut | Post #6: Community & Social Reviews
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