| Annual Financials | Mar 2024 | Mar 2025 | Mar 2026 |
| Revenue | 86.57 | 87.53 | 99.74 |
| Expenses | 82.86 | 81.00 | 90.40 |
| Other Income | 0.72 | 0.49 | 0.88 |
| Total Revenue | 87.29 | 88.02 | 100.62 |
| Profit Before Tax | 4.42 | 7.02 | 10.22 |
| Net Profit | 3.29 | 5.13 | 7.72 |
Eventions
Eventions IPO
₹2,68,800
0.98 xOver-subscribedBidding Dates 30 Sept, 26 -05 Oct, 26
Min Investment ₹2,68,800
Lot Size1,200
Price Range ₹112 – ₹118
Issue Size ₹38.12 Cr.
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IPO Subscription Details
Retail Subscription Details
0.02 x
Non-Institutional Buyers (sHNI)
0.01 x
Non-Institutional Buyers (bHNI)
0 x
Qualified Institutional Buyers (QIB)
18.32 x
Total0.98 x
0.98 x IPO Timeline
IPO Offer Start
30 Sept,26
IPO Offer Ends
05 Oct,26
Allotment Finalisation
06 Oct,26
Refund Initiation
07 Oct,26
Listing of Shares
08 Oct,26
IPO Analysis
Strengths
The company operates across MICE, corporate events, and brand activation segments, enabling coordination of event conceptualization, travel, venue management, and on-site execution within a single engagement framework. Over FY2024–2026, the company executed 200+ events, of which 107 had a ticket size of INR 50 lakhs and above.
The company provides services across the full event lifecycle — from planning and venue identification to logistics, vendor coordination, and on-site management — reducing clients' need to engage multiple service providers. Assignments include corporate meetings, incentive travel, conferences, exhibitions, product launches, and promotional campaigns.
The company follows an asset-light operating structure, executing assignments through a network of hospitality partners, destination management companies, event production vendors, and logistics providers without maintaining significant fixed infrastructure. This model enables scalable operations and flexible execution across multiple geographies and event formats.
Risks
The company derives a significant portion of its revenue from a limited number of customers, with the top 1 customer contributing 42.72% and top 10 customers accounting for 84.59% of total revenue from operations as of March 31, 2026. Engagements are project-based with no long-term contractual commitments, making revenue highly vulnerable to loss or reduction of key client relationships.
The company's PAT increased from INR 328.65 lakhs in FY2024 to INR 772.01 lakhs in FY2026, with PAT margin rising from 3.77% to 7.67%, driven by a favourable shift toward premium and international events. There is no assurance that this event mix or profitability level will be sustained, especially given continued dependence on a limited number of customers.
Approximately 91.29% of the company's total revenue in FY2026 was derived from MICE services, creating significant concentration risk in a single service segment. Any reduction in corporate travel budgets, marketing spend, or demand for MICE programs could materially impact revenues and profitability.
Objectives
The company proposes to utilize a portion of the Net Proceeds towards full or partial repayment or pre-payment of certain borrowings availed from lenders, including term loans and working capital facilities, to reduce outstanding indebtedness, lower interest outgo, and improve the debt-equity ratio.
The company intends to invest a portion of the Net Proceeds in its subsidiary, Gantu Online Private Limited, in the form of debt, to support the development, enhancement, and scaling of its technology-driven travel and experiential platform, including backend/frontend engineering, mobile app development, AI tooling, and third-party integrations.
The company proposes to utilize a portion of the Net Proceeds to fund incremental working capital requirements arising from anticipated growth in scale of operations, larger event assignments, and advance payments to vendors and service providers, with the balance to be met through internal accruals and existing facilities.
The company's management intends to deploy a portion of the Net Proceeds towards general corporate purposes, including acquisition/hiring of land/property, strategic alliances, capital expenditure, funding growth opportunities, working capital, and other business exigencies, subject to a cap of 15% of Gross Proceeds or INR 10 Crore, whichever is lower.
Yearly Financial Results
Balance Sheet
| Balance Sheet | Mar 2024 | Mar 2025 | Mar 2026 |
| Total Assets | 29.00 | 23.77 | 50.63 |
| Current Assets | 27.11 | 21.22 | 48.50 |
| Fixed Assets | 1.89 | 2.56 | 2.14 |
| Total Equity & Liabilities | 29.00 | 23.77 | 50.63 |
| Total Liabilities | 24.27 | 13.92 | 32.50 |
| Current Liabilities | 21.56 | 13.10 | 31.00 |
| Non Current Liabilities | 2.71 | 0.82 | 1.50 |
| Total Equity | 4.73 | 9.86 | 18.13 |
Cash Flow
| Cash Flow | Mar 2024 | Mar 2025 | Mar 2026 |
| Net Cash Flow | -0.36 | -2.56 | 1.53 |
| Investing Activities | -1.73 | -0.84 | 0.36 |
| Operating Activities | 0.29 | -2.89 | -4.52 |
| Financing Activities | 1.08 | 1.18 | 5.69 |
About Eventions
Eventions Limited is a Haryana-based company incorporated in December 2020, operating in the Meetings, Incentives, Conferences and Exhibitions (MICE) and Event Management segment. The company provides end-to-end planning, coordination, and execution of corporate events, conferences, incentive travel programs, brand activations, and Free Independent Travel (FIT) services to B2B corporate and...more
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