Bookbuilding IPO | ₹21 Cr | Listed at BSE SME | Fri, Mar 31, 2023 - Wed, Apr 5, 2023
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 per share. The lot size for an application is 2,000. The minimum amount of investment required by an retail is ₹1,28,000 (2000 shares) (based on upper price). The minimum lot size for investment in 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 Open
Fri, Mar 31, 2023
IPO Close
Wed, Apr 5, 2023
Issue Price
₹64 per share
Market Cap (Pre-IPO)
₹76.00 Cr
| IPO Date | 31 Mar to 5 Apr, 2023 |
| Listed on | Mon, Apr 17, 2023 |
| Face Value | ₹10 per share |
| Price Band | ₹61 to ₹64 |
| Issue Price | ₹64 per share |
| Lot Size | 2,000 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE SME |
| Total Issue Size | 33,00,000 shares (agg. up to ₹21 Cr) |
| Reserved for Market Maker | 3,30,000 shares Share India Securities Ltd. (agg. up to ₹2 Cr) |
| Fresh Issue (Ex Market Maker) | 29,70,000 shares (agg. up to ₹19 Cr) |
| Net Offered to Public | 29,70,000 shares (agg. up to ₹19 Cr) |
| Share Holding Pre Issue | 85,75,500 shares |
| Share Holding Post Issue | 1,18,75,500 shares |
| BSE Script Code | 543895 |
| ISIN | INE0O8901016 |
Exhicon Events Media IPO comprises a total issue size of 33,00,000 shares. The net offer to the public is 29,70,000 shares, after excluding 3,30,000 shares allotted on a firm basis. Of the Net offer 14,84,000 (49.97%) are allocated to QIB, 4,46,000 (15.02%) allocated to NII 10,40,000 (35.02%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| QIB Shares Offered | 14,84,000 | 49.97% | 44.97% |
| NII (HNI) Shares Offered | 4,46,000 | 15.02% | 13.52% |
| Retail Shares Offered | 10,40,000 | 35.02% | 31.52% |
| Firm Reservations | |||
| Market Maker Shares Offered | 3,30,000 | 10.00% | |
| Total Shares Offered | 33,00,000 | 100.00% | 100.00% |
Investors can bid for a minimum of 2,000 shares and in multiples thereof.
| 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 |
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 | 30 Sep 2022 | 31 Mar 2022 | 31 Mar 2021 |
|---|---|---|---|
| Assets | 21.68 | 17.48 | 7.88 |
| Total Income | 29.31 | 46.51 | 9.49 |
| Profit After Tax | 4.70 | 4.28 | 0.12 |
| NET Worth | 9.30 | 4.60 | 0.32 |
| Reserves and Surplus | 9.29 | 4.59 | 0.31 |
| Total Borrowing | 1.39 | 1.06 | 1.64 |
| Amount in ₹ Crore | |||
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Working capital gap | 5.00 |
| 2 | Acquisition of exhibition material | 10.28 |
| 3 | General Corporate Purposes | 2.60 |
| KPI | |
|---|---|
| ROE | 174.23 |
| ROCE | 123.26 |
| RoNW | 93.11 |
| PAT Margin | 9.24% |
| EBITDA Margin | 13.86% |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (₹) | 4283.80 | |
| P/E (x) | 8.08 | |
| Promoter Holding | 86.20% | 62.25% |
| Market Cap | ₹76.00 Cr. |
The Exhicon Events IPO is subscribed 1.95 times on April 5, 2023 7:02:00 PM (Day 3). The public issue subscribed 2.31 times in the retail category, 1 times in the QIB category, and 3.28 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) | Shares Offered | Shares bid for |
|---|---|---|---|
| QIB | 1 | 14,84,000 | 14,84,000 |
| NII* | 3.28 | 7,76,000 | 25,46,000 |
| Retail | 2.31 | 10,40,000 | 24,02,000 |
| Total | 1.95 | 33,00,000 | 64,32,000 |
Total Application : 1,513
*Market Maker portion is not included to NII/HNI.
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Issue management fees including fees and reimbursements of Market Making fees and payment to other Intermediaries such as Legal Advisor s to the IPO, Registrars and other out of pocket expenses. | 3.06 |
| 2 | Advertising and marketing expenses | 0.09 |
| 3 | Printing & Stationery, Distribution, Postage | 0.02 |
| 4 | Regulatory and other statutory expenses including Listing Fee | 0.08 |
| Price Details | BSE SME |
|---|---|
| Final Issue Price | ₹64.00 |
| Open | ₹64.00 |
| Low | ₹64.00 |
| High | ₹67.20 |
| Last Trade | ₹67.20 |
Lead Manager Reports
Exhicon Events Media IPO is a SME IPO of 33,00,000 equity shares of the face value of ₹10 aggregating up to ₹21 Crores. The issue is priced at ₹64 per share. The minimum order quantity is 2000.
The IPO opens on Fri, Mar 31, 2023, and closes on Wed, Apr 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 Fri, Mar 31, 2023 and closes on Wed, Apr 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 Thu, Apr 13, 2023. Check the Exhicon Events Media IPO allotment status.
The Exhicon Events Media IPO listing date is on Mon, Apr 17, 2023.
