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Eventions Limited IPO Opens: Seize Opportunity in Event Management and MICE Services
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News18•01-10-2026, 18:15
Eventions Limited IPO Opens: Seize Opportunity in Event Management and MICE Services
- •Eventions Limited, a company specializing in event management and MICE services, has launched its Initial Public Offering (IPO).
- •The IPO opened for subscription on September 30, 2026, and will close on October 5, 2026, with equity shares proposed to be listed on NSE Emerge.
- •The fresh issue aims to raise –38.12 Crore, offering up to 32,30,400 Equity Shares within a price band of –112 to –118.
- •Net proceeds will fund repayment of borrowings (–700 Lakhs), investment in subsidiary Gantu Online Private Limited (–140 Lakhs), and working capital requirements (–1,880 Lakhs), alongside general corporate purposes.
- •Mr. Cristoo Arora, Whole Time Director and CFO, highlighted the IPO as a significant milestone to strengthen financial position and expand service capabilities in event management and travel segments.
Key Questions Answered
The Eventions Limited IPO is a fresh issue totaling up to 32,30,400 equity shares, aiming to raise ₹38.12 crore. The subscription period opened on Wednesday, September 30, 2026, and is scheduled to close on Monday, October 5, 2026.
The price band for the Eventions Limited IPO is set between ₹112 and ₹118 per equity share, with a face value of ₹10. Investors must apply for a minimum lot size of 1,200 equity shares, with a requirement to apply for at least 2 lots.
Eventions Limited plans to use the net proceeds to fund working capital requirements (₹1,880 lakhs), repay or pre-pay borrowings (₹700 lakhs), invest in its subsidiary Gantu Online Private Limited (₹140 lakhs), and support general corporate purposes.
