Propshop Events and Exhibitions Ltd
Complete IPO details, including price band, financials, subscription status, and key insights.
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IPO Snapshot
Key metrics and details at a glance.
Price Band
₹69
Per ShareLot Size
2000 Shares
Minimum Investment
₹1,38,000
Issue Size
₹28.57 Cr
Face Value
₹10
Per ShareIPO Type
Book Building - SME
Retail Quota
39.15%
QIB Quota
30.12%
NII Quota
30.73%
IPO Timeline
Important dates for your applying strategy.
Subscription Status
Live demand across investor categories.
Track real-time subscription levels:
*Real-time data subject to exchange updates
Propshop Events and Exhibitions Ltd
Business model, operations, and market positioning.
Promoter Holding (Pre-Issue)
94.55%
Promoter Holding (Post-Issue)
67.5%
Issue Type
Book Building - SME
ISIN
INE1FFX01018
About the Company
We are engaged in the business of trade show and exhibition booth solutions, offering both custombuilt and modular exhibition options. Our services extend from concept design and 3D visualization to project management, logistics, on-site supervision, fabrication, installation, and post-event dismantling support. Our clientele consists of a wide range of industries, including Industrial Machinery & Equipment, Building Materials, Furnishing and Décor, Chemicals, Media & Entertainment, Healthcare and Cosmetics, Food & Beverages, and more. With a physical presence in India and working relationships with local teams across other key global markets hosting major exhibition hubs such as the United States (US), the United Kingdom (UK), Dubai, Germany, Spain, Singapore, etc., we bring over 12 years of experience in executing both B2B and B2C-focused events, providing end-to-end booth services adapted to the specific needs, branding goals, and regional regulations of our clients.
Industry Overview
The MICE industry - an acronym for Meetings, Incentives, Conferences, and Exhibitions is a significant segment of the global tourism and business travel ecosystem. It involves the planning, coordination, and execution of large-scale professional gatherings that serve various corporate, institutional, and government objectives. MICE events are typically high-value and contribute substantially to the hospitality, travel, event management, and tourism sectors in terms of revenue, employment, and infrastructure development. The MICE (Meetings, Incentives, Conferences, and Exhibitions) sector plays a pivotal role in boosting business travel by creating structured opportunities for professionals to network, collaborate, and explore new markets. It drives corporate mobility by encouraging participation in industry-specific events, trade shows, and knowledge forums, often leading to partnerships, investments, and crossborder trade. As organizations increasingly globalize, MICE activities facilitate face-to-face engagement that supports deal-making and strategic growth.
Company History
Our Company was incorporated as `Propshop Events and Exhibitions Private Limited' as a private limited company under the provisions of the Companies Act, 2013, pursuant to Certificate of Incorporation dated August 22, 2019, issued by Asst. Registrar of Companies, Central Registration Centre. Our Company was then converted into a public limited company under the Companies Act, 2013, and consequently, the name of our Company was changed to `Propshop Events and Exhibitions Limited', and a fresh Certificate of Incorporation dated February 10, 2025 was issued by Assistant Registrar of Companies/ Deputy Registrar of Companies/ Registrar of Companies, Central Processing Centre. The CIN of the Company is U92490MH2019PLC329470.
Growth Strategy
- Diversifying service offerings through exhibition and corporate event organisation.
- Accelerate International expansion through empanelment and local partnerships.
- Strengthen relationships with our existing customers and expand customer base.
Financial Performance
Revenue, profit after tax and total assets across the last 3 reported financial years.
Revenue
Amount in ₹ crore
Profit After Tax (PAT)
Amount in ₹ crore
Total Assets
Amount in ₹ crore
Figures in ₹ crore, on a standalone basis, as reported for FY24 to FY26.
Objects of the Issue
How the company plans to utilize IPO proceeds.
Use of Proceeds
The funds raised through this IPO will be used for:
Initial public offering of 41,40,000 equity shares of face value of Rs. 10/- each ("Equity Shares") of Propshop Events And Exhibitions Limited ("Company" or the "Issuer") for cash at a price of Rs. 69 per equity share (Including a Share Premium Of Rs. 59 Per Equity Share) ("Offer Price") aggregating to Rs. 28.57 Crores comprising a fresh issue of 33,40,000 equity shares aggregating to Rs. 23.05 Crores by the company ("Fresh Issue") and an offer for sale of 8,00,000 equity shares aggregating to Rs. 5.52 Crores (the "Offered Shares") comprising 5,00,000 equity shares by Prathamesh Shantaram Pusalkar aggregating to Rs. 3.45 Crores 3,00,000 equity shares by Aarti Prathamesh Pusalkar aggregating to Rs. 2.07 Crores (the "Selling Shareholders" and such offer, the "Offer for Sale") (the "Offer For Sale" and together with the fresh issue, the "Offer") of which 2,16,000 equity shares aggregating to Rs. 1.49 Crores reserved for subscription by market maker to the offer (the "Market Maker Reservation Portion"). The offer, less market maker reservation, i.e. Net offer 39,24,000 equity shares of face value of Rs. 10/- each at price of Rs. 69 per equity share aggregating to Rs. 27.08 Crores is herein after referred to as the "Net Offer". The offer and the net offer constitutes 28.30% and 26.82% respectively of the fullydiluted post-offer paid-up equity share capital of the company. The face value of equity shares is Rs. 10/- each. Price Band: Rs. 69/- per equity share of face value of Rs. 10/- each. The floor price is 6.9 times of the face value. Bids can be made for a minimum of 4,000 equity shares and in multiples of 2,000 equity shares thereafter.
*Subject to approvals and market conditions.
Strengths & Risks
Key competitive advantages and factors to consider before investing.
- Established track record in a fragmented industry.
- Agile, asset-light business model enabling scalable growth.
- Global execution framework enabled by established practices and local integration.
- Brand-led booth design by skilled in-house marketing & branding team.
- The majority of the company's sales is concentrated in the states of Gujarat, Maharashtra and Karnataka. Any adverse developments affecting its operations in these states could have an adverse impact on the company's business, financial condition, results of operations and cash flows.
- The company is dependent on third-party outsourced subcontractors for providing its services.
- The company's Registered Office and Godown Facilities are located on leased premises. There may or may not be assurance that its will be able to retain or renew such leases on the same or similar terms, or that the company will find alternate locations for the existing offices on terms favorable to its, or at all.
- The company's funding requirements and the proposed deployment of the Net Proceeds of the Offer has not been appraised by any bank or financial institution are based on management estimates and may be subject to change based on various factors, some of which are beyond its control.
- The company has witnessed negative cash flow from operating activities in the past. Any negative cash flows in the future would adversely affect its cash flow requirements, which may adversely affect the company's ability to operates its business and the company's financial condition.