Eventions IPO
Eventions IPO was a SME book-built issue of ₹38.12 crore, consisting entirely of a Fresh Issue of 30,68,400 equity shares with no Offer for Sale. The price band is ₹112 to ₹118 per share, with a lot size of 1,200 shares.
Eventions IPO Details
Eventions IPO bidding started on September 30, 2026 and will end on October 5, 2026. The allotment for Eventions IPO is expected to be finalized on October 6, 2026. Eventions IPO is scheduled to list on NSE SME on October 8, 2026. The IPO has a price band of ₹112 to ₹118 per share and a lot size of 1,200 shares.
Eventions IPO GMP
Eventions IPO GMP is currently reported at ₹0 as of October 3, 2026. At the upper issue price of ₹118, a GMP of ₹0 indicates no reported premium in the unofficial grey market. GMP is an unofficial market indicator and may change before listing; it does not guarantee the actual listing price.
Eventions IPO Timeline (Tentative)
Eventions IPO opened for subscription on September 30, 2026, and will close on October 5, 2026. The basis of allotment is expected to be finalized on October 6, refunds are scheduled to begin on October 7, and shares are expected to be credited to successful applicants' Demat accounts on October 7. The shares are scheduled to be listed on NSE SME on October 8, 2026.
| Event | Tentative Date |
|---|---|
| IPO Open Date | Fri, Oct 30, 2026 |
| IPO Close Date | Thu, Nov 5, 2026 |
| Basis of Allotment | Fri, Nov 6, 2026 |
| Initiation of Refunds | Sat, Nov 7, 2026 |
| Credit of Shares to Demat | Sat, Nov 7, 2026 |
| Listing Date | Sun, Nov 8, 2026 |
Eventions IPO Lot Size
The Eventions IPO lot size is 1,200 shares. At the upper price band of ₹118 per share, one lot requires a minimum investment of ₹1,41,600. Retail investors can apply for one lot, while the applicable HNI categories have higher minimum application requirements.
| Application | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 1,200 | 1,41,600 |
| Retail (Max) | 1 | 1,200 | 1,41,600 |
| S-HNI (Min) | 2 | 2,400 | 2,83,200 |
| S-HNI (Max) | 7 | 8,400 | 9,91,200 |
| B-HNI (Min) | 8 | 9,600 | 11,32,800 |
Eventions IPO Reservation
Eventions IPO comprises a total issue size of 32,30,400 shares. The issue includes a market maker portion of 1,62,000 shares, while the net offer is divided among QIBs, NIIs and retail investors. The QIB portion is 5.01%, the NII portion is 32.54% and the retail portion is 57.43% of the net issue.
Eventions IPO Subscription
Eventions IPO received approximately 1.80x overall subscription based on the latest reported subscription data available before the issue closes. The issue saw significantly higher demand from QIBs, while NII and retail participation remained comparatively lower. Since bidding remains open until October 5, 2026, the final subscription figures may change.
| Category | Subscription (times) |
|---|---|
| QIB | 26.18x |
| NII | 0.16x |
| RII | 0.65x |
| Total | 1.80x |
About Eventions
Eventions Limited operates in the Meetings, Incentives, Conferences and Exhibitions (MICE) and corporate event management industry. The company provides planning, coordination and execution services for corporate events, conferences, incentive travel programmes, exhibitions, virtual events and customised travel programmes.
The company follows a business-to-business model and serves corporate and institutional clients. Its services cover event planning, venue coordination, travel arrangements, accommodation, logistics management, on-ground execution and brand activation activities.
Eventions was incorporated on December 15, 2020, as Eventions Private Limited and was subsequently converted into a public limited company in February 2026. The company operates in the corporate event and MICE segment and also provides event execution and logistics support for large and multi-location assignments.
Strengths
- Operates in the MICE, corporate events and exhibition segment.
- Provides multiple event-management and travel-related services.
- Follows an asset-light business model by working with external service providers.
- Serves corporate and institutional customers.
- Has experience in organising domestic and international events.
- Reported improvement in revenue and profitability in FY2026.
- Operates through its subsidiary Gantu Online Private Limited for travel-related activities.
Risks to Consider
- The company's business is dependent on corporate spending on events, conferences and incentive travel.
- The business depends on third-party hotels, travel operators, logistics providers and other vendors.
- Event-based revenue can vary depending on project schedules and customer requirements.
- The company has working-capital requirements associated with its business operations.
- Competition in the event management and MICE industry may affect margins and customer acquisition.
- The company has a relatively short operating history compared with established companies in the sector.
- SME-listed shares can have lower liquidity than securities listed on the mainboard.
Eventions Financials (₹ Cr)
Eventions reported growth in revenue and profitability over the last three financial years. Total income increased from approximately ₹87.29 crore in FY2024 to ₹88.02 crore in FY2025 and ₹100.62 crore in FY2026. Profit after tax increased from approximately ₹3.29 crore in FY2024 to ₹5.13 crore in FY2025 and ₹7.72 crore in FY2026, indicating an improvement in reported profitability during the period.
| Period | Revenue | PAT | Total Assets | Net Worth |
|---|---|---|---|---|
| FY2024 | 87.29 | 3.29 | 29.00 | 4.73 |
| FY2025 | 88.02 | 5.13 | 23.77 | 9.86 |
| FY2026 | 100.62 | 7.72 | 50.63 | 18.13 |
KPIs & Valuation
At the IPO price band of ₹112–₹118, Eventions is valued at approximately 13.69x–18.61x based on the reported pre-IPO and post-IPO earnings multiples. Its FY2026 EPS is reported at ₹8.62 on a pre-IPO basis, while the post-IPO EPS is ₹6.34. The company reported strong return ratios, with ROE/RoNW of approximately 55.16% and ROCE of approximately 48.76%.
Objects of the Issue
The ₹38.12 crore Eventions IPO consists of a fresh issue of equity shares. The company proposes to use the net proceeds for repayment or pre-payment of borrowings, investment in its subsidiary, meeting working capital requirements and general corporate purposes. The company proposed to utilise the IPO proceeds for:
- Repayment and/or pre-payment, in full or part, of certain borrowings availed by the company.
- Investment in Gantu Online Private Limited.
- Funding the working capital requirements of the company.
- General corporate purposes.
Promoters, Lead Managers & Registrar
Eventions Limited is promoted by Cristoo Arora, Ravi Rajak and Kirat Ahluwalia. Corporate Professionals Capital Private Limited is the Book Running Lead Manager to the issue, while Mudra RTA Ventures Private Limited is the Registrar to the Issue.
Promoters
Lead Managers (BRLM)
Registrar
| Name | Mudra RTA Ventures Private Limited |
|---|---|
| Phone | 9870297591 / 9870297592 |
| ipo@mudrarta.com | |
| Website | https://mudrarta.com/ |
Eventions IPO Review
Eventions operates in the MICE and corporate event-management industry, providing services covering corporate events, conferences, exhibitions, incentive travel and related logistics. The company's asset-light model enables it to coordinate with external hospitality, travel and event-production partners while serving corporate and institutional customers. The company was incorporated in 2020 and converted into a public limited company in February 2026.
The company's financial performance has shown improvement, with total income increasing to approximately ₹100.62 crore in FY2026 from ₹88.02 crore in FY2025, while profit after tax increased to approximately ₹7.72 crore from ₹5.13 crore. The IPO proceeds are proposed to support debt repayment, investment in its subsidiary and working-capital requirements.
At the upper price band of ₹118, the reported post-issue P/E is approximately 18.61x based on the stated post-IPO EPS of ₹6.34. Investors reviewing the issue should consider the company's growth and profitability alongside its dependence on corporate event spending, working-capital requirements, third-party vendors, competitive environment and SME-platform structure.
How to Apply
Eventions IPO applications can be made through ASBA or UPI-supported IPO application facilities. The IPO opened on September 30, 2026 and will close on October 5, 2026. The minimum retail application is one lot of 1,200 shares, requiring ₹1,41,600 at the upper price band of ₹118.
Through UPI
- Log in to your stockbroker app/website.
- Go to the IPO section.
- Select Eventions IPO.
- Enter the number of lots you want to apply for.
- Select the bid price. Retail investors can generally choose Cut-off when available.
- Enter your valid UPI ID.
- Submit the IPO application.
- Open your UPI app when the mandate request arrives.
- Approve the mandate using your UPI PIN.
- The application amount will be blocked in your bank account. If shares are allotted, the required amount will be debited; otherwise, the blocked amount will be released.
Prospectus & Documents
Investors can refer to the company's DRHP, RHP and other IPO documents for detailed information about the business, financial performance, risk factors, IPO structure, objects of the issue and other statutory disclosures. The issue documents should be read carefully before making an investment decision.
Last updated Oct 3, 2026.