Eventions IPO Subscription Update
Eventions IPO is attracting investor attention as bidding continues through October 2, 2026. The IPO opened on September 30 and will close on October 5. The company aims to raise ₹38.12 crore through a fresh issue of approximately 32.30 lakh equity shares.
The price band is fixed at ₹112 to ₹118 per share, and the shares are proposed to be listed on the NSE SME platform on October 8, 2026. The company plans to use the funds to strengthen its financial position, meet working capital requirements, repay debt and support its business expansion.
Eventions IPO Details
| Particular | Details |
|---|---|
| IPO Open Date | September 30, 2026 |
| IPO Close Date | October 5, 2026 |
| Price Band | ₹112 – ₹118 |
| Issue Size | ₹38.12 Cr |
| Fresh Issue | ₹38.12 Cr |
| Face Value | ₹10 |
| Lot Size | 1,200 Shares |
| Retail Minimum | 2,400 Shares |
| Minimum Investment | ₹2,83,200 |
| Allotment Date | October 6, 2026 |
| Refund/Demat | October 7, 2026 |
| Listing Date | October 8, 2026 |
| Listing Platform | NSE SME |
| Registrar | Mudra RTA Ventures |
| Lead Manager | Corporate Professionals Capital |
The issue is entirely a fresh issue, so the proceeds will go to the company. Retail investors need to apply for a minimum of 2,400 shares, equivalent to two lots, at the upper price band.
Eventions IPO GMP Today
The latest available update on October 2 indicates that the grey market premium for Eventions IPO has not yet started. No reliable GMP figure is currently available to estimate an unofficial listing premium.
GMP is an unofficial indicator that can change during the IPO subscription period. Investors should not consider an unavailable or unreported GMP as a prediction of the actual listing price.
| Particular | Latest Update |
|---|---|
| IPO Price Band | ₹112 – ₹118 |
| Current GMP | Not Started |
| Indicative Listing Price | Not Available |
| GMP Status | No reliable figure reported |
Eventions IPO Subscription Status
By the end of October 1, Eventions IPO had received an overall subscription of approximately 1.85 times. Institutional demand was particularly high, with the QIB category subscribed 26.18 times, while retail participation reached 1.14 times.
| Investor Category | Subscription |
|---|---|
| QIB | 26.18x |
| NII | 0.12x |
| Retail | 1.14x |
| Overall | 1.85x |
The subscription figures show different levels of participation across investor categories. QIB demand accounted for a substantial share of the reported bids, while the NII category remained below full subscription at the end of October 1. The final subscription numbers will be available after the issue closes on October 5.
What Does Eventions Do?
Eventions Limited is a Gurugram-based company incorporated in December 2020. It operates in the MICE (Meetings, Incentives, Conferences and Exhibitions) and corporate event management industry, providing integrated event planning and execution services to corporate and institutional clients.
Its services include corporate conferences, incentive travel, exhibitions, virtual events, brand activations, customised travel arrangements, venue management, logistics and on-site coordination. The company follows an asset-light business model and executes projects across India and international destinations.
Eventions also operates through its subsidiary, Gantu Online Private Limited, which focuses on B2C travel and customised travel experiences. This allows the group to participate in both corporate event management and travel-related services.
Eventions Financial Performance
Eventions has reported growth in total income and profitability over the past few financial years. Its total income increased from ₹87.29 crore in FY2024 to ₹100.62 crore in FY2026, while profit after tax grew from ₹3.29 crore to ₹7.72 crore over the same period.
| Particular | FY2024 | FY2026 |
|---|---|---|
| Total Income | ₹87.29 Cr | ₹100.62 Cr |
| PAT | ₹3.29 Cr | ₹7.72 Cr |
The financial performance reflects an increase in income and profit over the reported period. As an event-management business, its future results will depend on client retention, project execution, event demand, cost management and working-capital efficiency.
Where Will Eventions IPO Funds Be Used?
Eventions plans to use the IPO proceeds to support its operations and strengthen its financial structure. A significant portion has been earmarked for working capital, with additional allocations for debt repayment and investment in its subsidiary.
| Particular | Amount |
|---|---|
| Working Capital | ₹18.80 Cr |
| Debt Repayment | ₹7.00 Cr |
| Investment in Subsidiary | ₹1.40 Cr |
| General Corporate Purposes | Balance Amount |
The working-capital allocation is intended to support the company's operating cycle, including advance payments, event arrangements, travel coordination and project execution. The planned debt repayment is expected to reduce some of the company's existing financial obligations.
Eventions Business Model and Growth
Eventions provides end-to-end event-management solutions, serving corporate clients that require planning, logistics, travel coordination and event execution. Its asset-light approach allows it to coordinate services through external vendors and partners rather than relying entirely on owned infrastructure.
The company's business covers assignments across domestic and overseas markets. Its future growth will be influenced by corporate event spending, client relationships, repeat business, operational execution and the ability to manage costs in a competitive industry.
Key Risks to Monitor
Eventions operates in a project-based business where revenue can vary depending on the timing and size of events. Client concentration, competition, vendor dependency, event cancellations and working-capital requirements are relevant factors to consider.
The company's international assignments may also expose it to currency movements, local regulations and changing travel conditions. As an SME-listed company, its shares may also experience higher price volatility and lower liquidity than shares of larger listed companies.
Eventions IPO Timeline
| Particular | Date |
|---|---|
| IPO Opening | September 30, 2026 |
| IPO Closing | October 5, 2026 |
| Basis of Allotment | October 6, 2026 |
| Refund Initiation | October 7, 2026 |
| Demat Credit | October 7, 2026 |
| Tentative Listing | October 8, 2026 |
Eventions IPO will remain open until October 5, with allotment expected on October 6 and listing scheduled for October 8, 2026. Investors will be tracking the final subscription figures, category-wise demand and any updates to the unofficial GMP during the remaining bidding period.
Note: IPO GMP is an unofficial grey-market indicator and is not a guaranteed listing price. Investors should review the company's financial performance, business model, valuation, risks and official offer documents before making an investment decision.
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