Eventions Ltd IPO
Miscellaneous
Price Band
₹112 – ₹118
Lot Size
1200
Minimum Bid Quantity
2400
Minimum Investment
₹283200
Issue Size
₹38.12Cr
Opens
2026-09-30
Closes
2026-10-05
Listing
08-10-2026
IPO Details
Issue Type
EQUITY
Face Value
₹10
Tick Size
1
ISIN
INE20M201019
Pre-Apply Available
No
Daily Bidding Time
10:00:00 - 17:00:00
About the Company
Eventions Limited is engaged in the Meetings, Incentives, Conferences and Exhibitions (MICE) and event management segment. The company provides event planning, coordination and execution services primarily to corporate and institutional clients. Its services include MICE programs such as meetings, conferences and incentive travel, corporate events including product launches and virtual events, free independent travel (FIT) services, and brand and marketing activations. The company coordinates venues, travel, accommodation, logistics and on-site execution based on individual project requirements. It works with hospitality providers, destination management companies, logistics partners and event production vendors. It also provides execution support to other event management companies for specific assignments. Eventions undertakes projects across India and international locations, including Europe, the Middle East and Asia-Pacific. Its subsidiary, Gantu Online Private Limited, primarily provides customised travel and experiential tourism services to individual customers and small groups.
Pros
- • Eventions provides services across MICE, corporate events and brand activations. Its service model covers event conceptualisation, travel coordination, venue management, hospitality arrangements, logistics planning and on-site execution under a single engagement.
- • The company undertakes event planning, venue identification, travel and accommodation arrangements, logistics, vendor coordination and on-site event management. Its assignments include corporate meetings, incentive travel programs, conferences, exhibitions, product launches and promotional campaigns.
- • Eventions claims to follow an asset-light business model and executes assignments through hospitality partners, destination management companies, event production vendors and logistics service providers. This allows it to undertake projects across different locations without maintaining significant fixed infrastructure or owning event production assets.
Cons
- • Eventions derives a significant portion of its revenue from a limited number of customers. Its top customer accounted for 63.21%, 54.82% and 42.72% of revenue from operations in FY24, FY25 and FY26, respectively, while its top 10 customers accounted for 92.59%, 96.67% and 84.59%, respectively. Since customer engagements are generally project-based and do not involve long-term commitments, loss or reduction of business from major customers may affect the company’s revenue, profitability and order flow.
- • The company’s recent improvement in profitability may not be sustainable. PAT stood at Rs 3.29 crore, Rs 5.12 crore and Rs 7.72 crore in FY24, FY25 and FY26, respectively, while PAT margin stood at 3.77%, 5.82% and 7.67%, respectively. The improvement was partly driven by a favourable event mix, including higher-value and international events; therefore, a change in event mix or reduction in premium assignments may affect its profitability.
- • Eventions is significantly dependent on its MICE segment. Revenue from MICE services stood at Rs 75.65 crore, Rs 80.32 crore and Rs 91.05 crore in FY24, FY25 and FY26, respectively, accounting for 87.39%, 91.77% and 91.29% of total revenue, respectively. Therefore, any reduction in demand for MICE services may adversely affect the company’s revenue, profitability and overall financial performance.
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