Eventions IPO Analysis: Should You Apply? GMP, Review & Details

Eventions is a SME IPO in the Other Consumer Services sector. The issue price band is ₹112.0–₹118.0 per share. Issue size is ₹38.12 crore.

Eventions IPO — Key Details

Company Overview

Eventions Limited, incorporated in 2020, specializes in event management and experiential marketing services. The company offers a range of services including corporate events, brand activations, exhibitions, and promotional campaigns. Eventions provides end-to-end solutions from event conceptualization to execution, catering to corporate clients across various sectors such as banking, insurance, and fast-moving consumer goods. Its focus is on enhancing brand visibility and customer engagement through creative and timely execution of events.

Financial Performance

Total income was ₹87.29 Cr in the year ending 31 Mar 2024, rising to ₹88.02 Cr by 31 Mar 2025, and further increasing to ₹100.62 Cr by 31 Mar 2026. Profit After Tax was ₹3.29 Cr for the year ending 31 Mar 2024, increasing to ₹5.13 Cr by 31 Mar 2025, and further rising to ₹7.72 Cr by 31 Mar 2026.

Objects of the Issue

The Company proposes to utilize the Net Proceeds from the Issue towards the following objects: 1. Repayment and/or pre-payment of certain borrowings (₹7.00 Cr), 2. Investment in Subsidiary (₹1.40 Cr), 3. Working capital requirements (₹18.80 Cr), 4. General Corporate Purpose.

Strengths & Weaknesses

Strengths

Eventions has an integrated service model for MICE and corporate events, strong event execution capabilities across multiple geographies, and an asset-light business model.

Understanding Grey Market Premium (GMP)

The Grey Market Premium (GMP) refers to the unofficial premium at which shares of an IPO are traded before they are listed on the stock exchange. It can provide insights into the expected demand for the shares but is not a guaranteed indicator of future performance.

Peer Comparison

• E-Factor Experiences Ltd. - P/E: 10.98
• Mach Conferences & Events Ltd. - P/E: 22.44

IPO Timeline

The IPO is scheduled to open on 30 September 2026 and close on 5 October 2026, with allotment expected on 6 October 2026 and listing on 8 October 2026.

Should You Apply for Eventions IPO?

Investors comfortable with short-term volatility and a long-term horizon typically weigh IPOs like this against their financial goals and risk appetite. It's important to consider the company's growth potential and market conditions.

Investors who prefer stable returns and lower risk may want to avoid this IPO, as the event management sector can be subject to fluctuations based on economic conditions and client budgets.

This is general risk-profile education, not a personal recommendation to apply or avoid this specific IPO — TopFund is not a SEBI-registered investment adviser.

Listing Day Risks

Listing gains can be unpredictable and are influenced by various factors such as market conditions, investor sentiment, and the company's performance. Investors should be prepared for the possibility of both gains and losses on the listing day.

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Disclaimer: This is educational content, not investment advice. GMP is an unofficial grey-market indicator, unregulated and never guaranteed. TopFund is not a SEBI-registered investment adviser — please do your own research or consult a qualified adviser before applying to any IPO.