Incorporated in December 2020, Eventions Limited is engaged in the Meetings, Incentives, Conferences and Exhibitions (“MICE”) and event management segment. The Company provides services for planning, coordination and execution of corporate events, conferences and related activities, primarily for corporate and institutional clients.The Company offers a range of services including MICE services, corporate events, conferences, incentive travel programs, virtual events, Free Independent Travel (“FIT”) services, and brand and marketing activations.
Its services cover venue coordination, travel and accommodation arrangements, logistics management and on-site event execution. The Company primarily operates through a B2B model and also provides execution support to other event management companies for large-scale or multi-location assignments.
The Company follows an asset-light business model and coordinates with hospitality providers, destination management companies, logistics partners and event production vendors to execute assignments across different locations. It has executed events across India and international destinations in Europe, the Middle East and Asia-Pacific, including Spain, France, the Netherlands, Switzerland, Hungary, the UAE, Azerbaijan, Singapore and Indonesia. During the Financial Years 2026, 2025 and 2024, the Company executed 107 successful events with individual billing value exceeding ₹50 lakh and served more than 50 corporate clients.
The Company’s MICE segment contributed 91.29%, 91.77% and 87.39% of its revenue from operations in Financial Years 2026, 2025 and 2024, respectively. Its client base includes organisations from sectors such as banking, insurance, FMCG and event management. The Company has also received industry recognition, including the “India’s Leading MICE & Event Brand of the Year” award for 2024–25 and a Certificate of Appreciation from TBO.com. Its subsidiary, Gantu Online Private Limited, focuses on B2C travel and customised travel experiences.
As on March 31, 2026, the Company had a total workforce of 35 employees across accounts and finance, HR and administration, client servicing, creative, events operations and MICE operations.
Competitive Strengths
Eventions Ltd.’s revenue increased by 14% and profit after tax (PAT) rose by 51% between the financial year ending with March 31, 2026 and March 31, 2025.
| Period Ended | 31 Mar 2026 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Assets | 50.63 | 23.77 | 29.00 |
| Total Income | 100.62 | 88.02 | 87.29 |
| Profit After Tax | 7.72 | 5.13 | 3.29 |
| EBITDA | 10.19 | 7.09 | 4.13 |
| NET Worth | 18.13 | 9.86 | 4.73 |
| Reserves and Surplus | 9.18 | 9.85 | 4.72 |
| Total Borrowing | 9.44 | 3.57 | 2.01 |
| Amount in ₹ Crore | |||
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Mopshop Distribution Ltd. | SME | ₹27.26 Cr | ₹138 | 22.22 | ₹130.15 | -5.69% | ₹40.30 |
| Safecure Services Ltd. | SME | ₹30.60 Cr | ₹102 | 11.66 | ₹77.55 | -23.97% | ₹29.00 |
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Repayment and/or pre-payment, in full or part, of certain borrowings availed by the Company | 7.00 |
| 2 | Investment in Subsidiary | 1.40 |
| 3 | To meet working capital requirements | 18.80 |
| 4 | General Corporate Purpose | |
| Total | 27.20 |
| KPI | Mar 31, 2026 |
|---|---|
| ROE | 55.16% |
| ROCE | 48.76% |
| Debt/Equity | 52.07 |
| RoNW | 55.16% |
| PAT Margin | 7.67% |
| EBITDA Margin | 10.22% |
| NAV | 20.92 |
| P/B (x) | 5.64 |
| Valuation Metric | Pre IPO | Post IPO |
|---|---|---|
| EPS (₹) | 8.62 | 6.34 |
| P/E (x) | 13.69 | 18.61 |
| IPO Date | 30 Sep to 5 Oct, 2026 |
| Listing Date | Thu, Oct 8, 2026T |
| Face Value | ₹10 per share |
| Price Band | ₹112 to ₹118 |
| Lot Size | 1,200 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Bookbuilding IPO |
| Listing At | NSE SME |
| Total Issue Size | 32,30,400 shares (agg. up to ₹38 Cr) |
| Reserved for Market Maker |
1,62,000 shares
(agg. up to ₹2 Cr) |
| Fresh Issue (Ex Market Maker) | 30,68,400 shares (agg. up to ₹36 Cr) |
| Net Offered to Public | 30,68,400 shares (agg. up to ₹36 Cr) |
| Share Holding Pre Issue | 89,53,509 shares |
| Share Holding Post Issue | 1,21,83,909 shares |
The promoters of the company are Cristoo Arora, Ravi Rajak and Kirat Ahluwalia.
| Share Holding Pre Issue | 99.96% |
| Share Holding Post Issue | 73.46% |
As per our analysis and Based on the information we have, this is the output.
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