Eventions Ltd.
EVENTIONSSME
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Overview
Eventions Limited is a corporate-focused MICE and event management services provider that plans, coordinates and executes meetings, incentive travel programs, conferences, exhibitions and related corporate events. It operates an asset-light model by partnering with hotels, destination management companies, logistics and production vendors, and delivers projects across India and overseas; FIT travel offerings are largely pursued through its subsidiary, Gantu Online Private Limited.
Opening Date
Sep 30, 2026
Closing Date
Oct 05, 2026
Listing Date
Oct 08, 2026
IPO Type
SME
IPO Status
Upcoming
Issue Size
38.12 Cr
Fresh Issue
38.12 Cr
Offer for Sale
0 Cr
Price Band
₹112 - ₹118
Lot Size
1200
IPO Timeline
Financials
Revenue
Profit After Tax (PAT)
Use of IPO funds
Key Performance Indicator
P/E Ratio
13.69
EPS
8.62
ROE
55.16%
ROCE
48.76%
RONW
55.16%
Debt to Equity Ratio
52.07
PAT Margin
7.67%
EBITDA Margin
10.22%
P/B
5.64
Bull vs Bear
Bull case
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An asset-light setup can scale faster, because it uses partners instead of owning heavy equipment, keeping fixed costs lower during slow months.
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MICE dominates revenues, so deep focus can build strong execution know-how and repeat relationships that competitors find hard to match on complex, multi-location events.
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Promoters keep majority control post-issue, which can support long-term planning without short-term shareholder pressure changing direction.
Bear case
- •
Customer concentration is very high, so losing one big client can quickly hit revenue, bargaining power, and cash collection timing.
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Recent profitability depends on more premium, large-ticket events, so a shift in event mix or pricing pressure can squeeze margins.
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Money is being lent to an early-stage travel subsidiary with limited history, so weak execution could drain cash without improving the core business.
Subscription Rate
Subscription data will be available once the IPO opens.
