Exhicon Events Media Solutions’ initial public offering (IPO) begins on March 31, 2023. The IPO raised Rs. 21.12 crore from 3,300,000 equity shares. The price range is Rs. 61–64 per share.
The company is part of India’s event and exhibition industry, which was valued at $3,674.95 million in 2022. It provides a comprehensive range of products and services for exhibits, conferences, and events, particularly to B2B clients with significant profit margins. It provides infrastructure for media-integrated B2B, B2C, and hybrid events. The company’s clients include several state governments as well as clients from a wide range of domestic and international entities. It has served hospitality, food and beverage
(F&B), non-chemical FMCG, international trading, and healthcare industries. Exhicon Events Media Solutions specialises in organising Trade Fairs.
Exhicon Events Media Solutions Ltd. IPO Objective
- Meeting working capital gap and general corporate expenses.
- To meet acquisition expenses of exhibition materials.
- Cover issue expenses.
Exhicon Events Media Solutions Company Financials
| Particulars | 6 months ending in September 30,2022 (₹ lakh) | Year ending on March 31, 2022 (₹ lakh) | Year ending on March 31, 2021 (₹ lakh) |
|---|---|---|---|
| Revenue from Operations | 2,931. 08 | 4,635.11 | 946.82 |
| Profit After Tax (PAT) | 470.37 | 428,38 | 11.73 |
| PAT Margin | 16.05% | 9.24% | 1.24% |
| EBITDA | 689.10 | 642.49 | 42.35 |
| EBITDA % | 23.51% | 13.86% | 4.47% |
| EPS | 4,703.70 | 4,283.80 | 117.30 |
| ROE | 67.65% | 174.23% | 62.21% |
Should you invest in Exhicon Events Media Solutions Ltd.?
These are the top reasons to consider investing in Exhicon Events Media Solutions Ltd.
- Advantages of working in a niche industry with a higher entry barrier.
- The company is a fast-mover in the segment.
- The company is a winner of several awards, including the Prestigious Top 500 Brands in Asia Awards in 2019.
Strengths
- The company offers media-integrated event and exhibition services to clients, including in-house infrastructure and marketing solutions.
- With the growing economy and consumer market expansion, there will be a significant rise in demand in the Indian event market.
- The offer is reasonably priced and may bring good returns post-listing
Risks
- The industry is highly competitive based on the quality of service, design, pricing etc.
- The industry faces challenges from unorganised players who will charge lower fees.
- There are legal litigations pending against the company’s promoters and the outcome of these cases may impact future profitability.
Exhicon Events Media Solutions Ltd. Noteworthy highlights
- It has expansion plans in the international markets of Singapore, London, Shanghai, and Dubai.
- The Indian exhibition market is expected to grow at 12.43% CAGR during the period of 2022-2027, meaning Exhicon Events Media Solutions stands to gain when the market expands.
Exhicon Events Media Solutions IPO FAQs:
Q1. What is Exhicon Events Media Solutions Ltd. IPO?
Ans. Exhicon Events Media Solutions IPO opens for subscription on March 31, 2023. The company aims to raise ₹ 21.12 crore by selling 3,300,000 equity shares. It is a book building IPO with price band fixed at Rs. 61-64 per equity.
Q2. When will Exhicon Events Media Solutions Ltd. IPO allotment available?
Ans. The basis of the allotment date is April 11, 2023.
Q3. When will Exhicon Events Media Solutions Ltd. IPO open for subscription?
Ans. The IPO will open on March 31, 2023.
Q4. What will be the Exhicon Events Media Solutions Ltd. IPO lot size?
Ans. One lot of Exhicon Events Media Solutions Ltd. IPO has 2000 shares.
Q5. What minimum lot size can retail investors subscribe to?
Ans. One lot of Exhicon Events Media Solution contains 2000 shares.
Q6. When will Exhicon Events Media Solutions Ltd. list on exchanges?
Ans. The listing date of Exhicon Events Media Solutions Ltd. Ltd. on BSE SME is April 17, 2023
Q7. What would be the listing gains on the Exhicon Events Media Solutions Ltd. IPO?
Ans. Listing gains cannot be ascertained before the IPO is listed on the exchange. You can get this information on the listing date for Exhicon Events Media Solutions Ltd., which is April 17, 2023.
Q8. I have finished the application process for Exhicon Events Media Solutions Ltd. IPO, but the funds are not yet debited. What is the reason?
Ans. The bank initially blocks the amount you bid for an IPO. It will debit the money when the shares are allotted or unblock the amount after the UPI mandate expiry date
Q9. Can I submit more than one application for the public issue of Exhicon Events Media Solutions Ltd. using one PAN?
Ans. You can submit only one application using one PAN card.
Q10. What is the minimum order quantity for Exhicon Events Media Solutions Ltd. IPO?
Ans. The minimum size of the application will be one lot of 2000 shares.
