Eventions IPO was an SME issue of ₹38.12 Cr at a price band of ₹112 – ₹118 per share, open from 30 Sep 2026 to 05 Oct 2026. The shares listed on NSE SME on 08 Oct 2026.
IPO Signal Analysis
📊 Based on Grey Market Premium (GMP) & Subscription Data — not financial advice
GMP Signal
Moderate Interest
GMP: +0% above issue price
⭐ Overall Signal
Moderate Interest
GMP + Subscription combined Not financial advice
Subscription Signal
Moderate Interest
0.00x subscribed
Issue Details
Fresh Issue₹38.12 Cr
Offer for Sale (OFS)Nil
Total Issue Size₹38.12 Cr
Face Value₹10
Market Cap (at issue)₹143.7 Cr
Listing ExchangeNSE SME
📅 Open Date30 Sep 2026
🔒 Close Date05 Oct 2026
✂️ Cut-off Price Date05 Oct 2026
🎟️ Allotment Date06 Oct 2026
💸 Refund Initiation07 Oct 2026
📂 Demat Credit07 Oct 2026
📈 Listing Date08 Oct 2026
Objects of the Issue
💰 Repayment of borrowings — ₹7 Cr
💰 Investment in subsidiary — ₹1.40 Cr
💰 Working capital — ₹18.80 Cr
💰 General corporate purposes
About the Company
Eventions, incorporated in December 2020 and based in Gurugram, organises corporate events, conferences, incentive trips, virtual events and brand activations for business clients — the MICE segment. It handles venues, travel, stays, logistics and on-ground execution in India and abroad (Europe, the Middle East and Asia-Pacific), and between FY24 and FY26 it ran 107 events billed above ₹50 lakh each for more than 50 corporate clients. Its subsidiary Gantu Online offers consumer travel packages.
Strengths
✅ Asset-light model that does not need heavy infrastructure
✅ Executed over 100 large events (above ₹50 lakh each) for 50+ corporate clients in three years
✅ PAT more than doubled between FY24 and FY26
✅ Return on net worth of about 55% in FY26
Risk Factors
⚠️ Thin net margin of under 8%
⚠️ Event business is lumpy and depends on corporate budgets
⚠️ Income growth was flat between FY24 and FY25
⚠️ Short history — incorporated only in December 2020
Subscription Status
Not yet open
QIB: —
NII: —
RII: —
GMP Trend
Day-wise Subscription
Day
QIB
NII
RII
Overall
Day 1
—
—
—
0.00x
Day 2
—
—
—
0.00x
Day 3
—
—
—
0.00x
Share Reservation
QIB
50%
NII
15%
RII
35%
Allocation as per SEBI regulations for SME IPO
Anchor Investors
Anchor allotment details not yet available.
Promoter Holding
99.96%Pre-IPO
→ -26.5%
73.46%Post-IPO
99.96%
73.46%
Founders & Leadership
CA
Cristoo Arora
Promoter
Promoter of the company
RR
Ravi Rajak
Promoter
Promoter of the company
IPO Timeline
✓
Open Date30 Sep 2026
✓
Close Date05 Oct 2026
✓
Allotment Date06 Oct 2026
✓
Listing Date08 Oct 2026
Key Financials
Revenue₹100.62 Cr
PAT₹7.72 Cr
EPS₹8.90
P/E Ratio13.26x
ROE55.16%
Market Cap₹143.7 Cr
Company Financials (Restated Consolidated)
Period Ended
FY26
FY25
FY24
Total Income
100.62
88.02
87.29
Profit After Tax
7.72
5.13
3.29
Amount in ₹ Crore
Key Performance Indicators (KPI)
KPI
FY26
FY25
Metric
Pre IPO
Post IPO
EPS
₹8.90
—
P/E (x)
13.26x
—
ROE (%)
55.16%
—
Promoter Holding
99.96%
73.46%
Market Cap
₹143.7 Cr
IPO Registrar
Mudra RTA Ventures
Eventions IPO FAQs
Eventions IPO is an SME IPO with an issue size of ₹38.12 Cr at a price band of ₹112 – ₹118. Minimum lot size is 1200 shares and the minimum application is 2 lots (minimum investment ~₹2,83,200). Opened on 30 Sep 2026 and closed on 05 Oct 2026. Listed on NSE SME. Registrar: Mudra RTA Ventures.
Apply through ASBA via your bank's net banking, or via UPI through Zerodha, Groww, Upstox, Angel One, or your broker's app. Select the IPO, choose lot quantity, and approve the UPI mandate or ASBA block.
Opened on 30 Sep 2026 and closed on 05 Oct 2026. Cut-off price date: 05 Oct 2026.
Lot size is 1200 shares and the minimum application is 2 lots. At the upper price band of ₹118, minimum investment is approximately ₹2,83,200.
Allotment date is 06 Oct 2026. Refund initiation and demat credit were scheduled for 07 Oct 2026.
Listed on 08 Oct 2026 on NSE SME.
GMP is an unofficial grey-market indicator and can change at any time. Figures are compiled from publicly available sources for information only — this is not investment advice.Official references: SEBI · NSE · BSE
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