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Exhicon Events Media IPO is a book build issue of ₹21.12 crores. The issue is entirely a fresh issue of 0.33 crore shares of ₹21.12 crore.
Exhicon Events Media IPO bidding started from Mar 31, 2023 and ended on Apr 5, 2023. The allotment for Exhicon Events Media IPO was finalized on Apr 11, 2023. The shares got listed on BSE SME on Apr 17, 2023.
Exhicon Events Media IPO price band is set at ₹64.00 per share . The lot size for an application is 2,000. The minimum amount of investment required by an retail is ₹1,22,000 (2000 shares). The minimum lot size investment for HNI is 2 lots (4,000 shares), amounting to ₹2,56,000.
Share India Capital Services Pvt.Ltd. is the book running lead manager and MUFG Intime India Pvt.Ltd. is the registrar of the issue. The market maker of the company is Share India Securities Ltd..
Refer to Exhicon Events Media IPO RHP for detailed Information.
| IPO Date | March 31, 2023 to April 5, 2023 |
| Listing Date | April 17, 2023 |
| Face Value | ₹10 per share |
| Issue Price Band | ₹61 to ₹64 per share |
| Issue Price Final | ₹64 per share |
| Lot Size | 2,000 Shares |
| Sale Type | Fresh Capital |
| Total Issue Size | 33,00,000 shares (aggregating up to ₹21.12 Cr) |
| Reserved for Market Maker | 3,30,000 shares Share India Securities Ltd. (aggregating up to ₹2.11 Cr) |
| Net Offered to Public | 29,70,000 shares (aggregating up to ₹19.01 Cr) |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE SME |
| Share Holding Pre Issue | 85,75,500 shares |
| Share Holding Post Issue | 1,18,75,500 shares |
Exhicon Events IPO offers total 33,00,000 shares. Out of which 14,84,000 (44.97%) allocated to QIB, 4,46,000 (13.52%) allocated to NII, 10,40,000 (31.52%) allocated to RII.
| Investor Category | Shares Offered |
|---|---|
| Market Maker Shares Offered | 3,30,000 (10.00%) |
| QIB Shares Offered | 14,84,000 (44.97%) |
| NII (HNI) Shares Offered | 4,46,000 (13.52%) |
| Retail Shares Offered | 10,40,000 (31.52%) |
| Total Shares Offered | 33,00,000 (100.00%) |
Exhicon Events Media IPO opens on March 31, 2023, and closes on April 5, 2023.
| IPO Open Date | Fri, Mar 31, 2023 |
| IPO Close Date | Wed, Apr 5, 2023 |
| Tentative Allotment | Tue, Apr 11, 2023 |
| Initiation of Refunds | Wed, Apr 12, 2023 |
| Credit of Shares to Demat | Thu, Apr 13, 2023 |
| Tentative Listing Date | Mon, Apr 17, 2023 |
| Cut-off time for UPI mandate confirmation | 5 PM on Wed, Apr 5, 2023 |
Investors can bid for a minimum of 2,000 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Individual Investors (Retail) and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 2,000 | ₹1,28,000 |
| Retail (Max) | 1 | 2,000 | ₹1,28,000 |
| HNI (Min) | 2 | 4,000 | ₹2,56,000 |
Note : The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
Incorporated in 1997, Exhicon Events Media Solutions Limited provides products and services for the exhibition, conferences, and events industry.
The company offers media to integrated marketing solutions, event infrastructure, and management to organizing solutions to B2B and B2C fairs and events.
Exhicon also supplies steel AC structures, octanorm systems, flooring and carpets, modular registration setup, furniture and general lighting, sound light and video, branding & signage's' CCTV and hardware setup, modular stocks of outdoor and indoor event venue construct spread over 5 cities of India.
The company has following subsidiaries:
Copo Digital Services (India) Private Limited: Copo Digital provides technology consulting, development, and support services.
Digiglobe Advertising Private Limited: Digiglobe offers online media and advertising services.
Worldwide Exhibitions Agency Asia Limited, Hong Kong: Worldwide Exhibitions Agency Asia provides sales and marketing solutions for exhibition organizers across the globe.
Exhicon Events Media Solutions' client list includes state Governments, and domestic associations as well as international clients in Hospitality, F&B, Non-Chemical FMCG, International Trading, and Healthcare industries.
| Period Ended | Total Assets | Total Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 31-Mar-21 | 788.06 | 949.12 | 11.73 | 31.67 | 30.67 | 164.19 |
| 31-Mar-22 | 1,747.60 | 4,651.08 | 428.38 | 460.08 | 459.08 | 105.98 |
| 30-Sep-22 | 2,168.42 | 2,931.08 | 470.37 | 930.45 | 929.45 | 139.03 |
| Amount in ₹ Lakhs | ||||||
The market capitalization of Exhicon Events Media IPO is ₹76.00 Cr.
| Pre IPO | Post IPO | |
|---|---|---|
| P/E (x) | 8.08 |
The proceeds from the issue will be used for the following objects:
1) Working capital gap and general corporate expenses.
2) Acquisition of exhibition material.
3) Issue expenses.
[Dilip Davda] The company is engaged in providing exhibition/marketing and media-related services with long-term contracts. It is focusing largely on a B2B model that carries higher margins. Based on FY23 annualized earnings, the issue is lucratively priced. It is a first mover in the segment and may fetch a fancy post listing. Well-informed investors may consider parking of funds for the medium to long term. Read detail review...
| Listing Date | April 17, 2023 |
| BSE Script Code | 543895 |
| NSE Symbol | |
| ISIN | INE0O8901016 |
| Final Issue Price | ₹64 per share |
| BSE Listing Group | MT |
| Price Details | BSE SME |
|---|---|
| Final Issue Price | ₹64.00 |
| Open | ₹64.00 |
| Low | ₹64.00 |
| High | ₹67.20 |
| Last Trade | ₹67.20 |
Exhicon Events Media Solutions Ltd.
103, Crystal Paradise,
DS Road, off Veera Desai Road,
Andheri (W) Mumbai City - 400053
Andheri, Maharashtra
Phone: +91- 8097538188
Email: cs@exhiconevents.in
Website: https://exhicongroup.com/
MUFG Intime India Pvt.Ltd.
Phone: +91-22-4918 6270
Email: exhiconevents.ipo@linkintime.co.in
Website: https://linkintime.co.in/Initial_Offer/public-issues.html
Exhicon Events Media IPO is a SME IPO of 33,00,000 equity shares of the face value of ₹10 aggregating up to ₹21.12 Crores. The issue is priced at ₹64 per share. The minimum order quantity is 2000.
The IPO opens on March 31, 2023, and closes on April 5, 2023.
MUFG Intime India Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Zerodha customers can apply online in Exhicon Events Media IPO using UPI as a payment gateway. Zerodha customers can apply in Exhicon Events Media IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Exhicon Events Media IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Exhicon Events Media IPO opens on March 31, 2023 and closes on April 5, 2023.
Exhicon Events Media IPO lot size is 2000, and the minimum amount required for application is ₹1,28,000.
You can apply in Exhicon Events Media IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Exhicon Events Media IPO will be done on Tuesday, April 11, 2023, and the allotted shares will be credited to your demat account by Thursday, April 13, 2023. Check the Exhicon Events Media IPO allotment status.
The Exhicon Events Media IPO listing date is on Monday, April 17, 2023.
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