India Exposition Mart is one of country’s top venue planners and providers, with technology-driven, world-class infrastructure and safety measures suited for global B2B exhibits, conferences, congresses, product launches, and promotional events, among other things. India Exposition Mart IPO will hit the stock market in August 2022.
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About India Exposition
India Exposition Mart is one of the top four integrated exhibits and conventions venues in India. Their exhibition centres and mart are extended throughout 58 acres of land, with a buildup complex of 2,34,453.29 square metres area, providing a blend of trade mart with exhibition and convention infrastructure.
They are situated in Greater Noida, which is a pronounced MICE destination in India. Theirt Expo Centre and Mart has a total exhibition space of 73,308 square metres as of December 31, 2021.
They also organise and manage conventions, seminars, meetings, runway displays, and gala nights. In the last five fiscal years, from April 1, 2021 to December 31, 2021, they coordinated and organised roughly 170 events (including trade shows).
Virtual events & Order Book
They’ve also dabbled in virtual events, managing and organising the Indian Handicrafts and Gifts Fair- Delhi in July 2020, the country’s first virtual show for the exports industry, with 4,150 selected business customers and 1,300 dealers spread over seven days.
They have planned 24 virtual events spaced across 113 days as of December 31, 2021, to ensure that their clients can retain continuity in their outreach to their respective audiences.
They had an order book of $1,215.23 million as of December 31, 2021, from a variety of shows. They have around 15 years of experience in organisation of trade shows & exhibits.
The India event and exhibition market is predicted to grow at a CAGR of 12.91 percent for 2021-2026.
Exhibitions
They’ve also handled and organised some of India’s most well-known exhibitions and conferences, including the Indian Handicrafts and Gifts Fair, Elecrama, Auto Expo – The Motor Show, CPHI&P-MEC, and Print Pack.
Various ministries of the Indian government, statutory corporations, companies, and renowned global agencies, such as the Ministry of Finance, Ministry of Commerce & Industry, Ministry of Environment, Forest and Climate Change, Ministry of Health and Family Welfare, Export Promotion Council for Handicrafts, International Garment Fair Association, Trade Promotion Council of India, Messe Frankfurt Trade Fairs India Private Limited, Messe Muenchen India Private Limited, Dreamz India and Nurnberg Messe India Private Limited and Indian Printing Packaging & Allied Machinery Manufacture, have all used them as a venue.
India Exposition Mart IPO
India Exposition Mart Limited, headquartered in Delhi has submitted Draft Red Herring Prospectus(DRHP) to Securities and Exchange Board of India(SEBI) for initial public offering (IPO) of 450 crore and 11,210,659 equity shares on 03 March 2022.
The offer includes a fresh issue of 450 crore and there is offer for sale (OFS) of 11,210,659 equity shares by the promoters mentioned in the DRHP. They are looking for a Pre-IPO placement of 75 crore in this issue.
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IPO
They are now waiting for approval from Securities and Exchange Board of India(SEBI) to float the initial public offering (IPO) in the market.
Financials Trends
| Particulars | For the year/period ended ( in Cr.) | ||||
|---|---|---|---|---|---|
| 30-Sep-21 | 31-Mar-21 | 31-Mar-20 | 31-Mar-19 | ||
| Total Assets | 188.45 | 187.11 | 217.78 | 187.32 | |
| Total Revenue | 12.56 | 20.38 | 161.95 | 128.83 | |
| Profit After Tax | (5.33) | (16.46) | 44.90 | 29.63 | |
Basic and Diluted Earnings Per Share
| Financial Period | Basic EPS (in INR) | Diluted EPS (in INR) | Weight |
| Financial Year 2021 | (2.22) | (2.22) | 3 |
| Financial Year 2020 | 6.07 | 6.07 | 2 |
| Financial Year 2019 | 4.00 | 4.00 | 1 |
| Weighted Average | 1.58 | 1.58 | |
| 30 Sep. 2021 | (0.70) | (0.70) |
Objects of the Issue
- Prepayment / repayment of all or a portion of the outstanding borrowings of the company to be availed on consolidated basis.
- To meet common corporate objectives.
Basis of the offer
They feel the following are among the qualitative aspects that go into determining the Offer Price:
- Brand recognition and a proven track record.
- Expertise in the field and a proven track record of success.
- World-class infrastructure and onsite amenities, as well as the ability to provide a wide range of services for hosting exhibitions, are all available.
- Relationships with exhibition organisers that are strong.
- Professional and experienced leadership, as well as a robust and independent board of directors.
- The Indian and global exhibition ecosystems are well-connected.
India Exposition Mart Peer Comparison
There are no publicly traded companies in India that operate in a similar industry to theirs. As a result, providing an industry comparison in regard to their Firm is not possible.
India Exposition Mart IPO Details
| IPO Opening Date | August 2022 |
| IPO Closing Date | August 2022 |
| Issue Type | Book Building |
| Face Value | 5 per share |
| IPO Price | 0 to 0 per equity share |
| Market Lot | – |
| Min Amount | – |
| Listing At | BSE, NSE |
| Issue Size | 11,210,659 Equity Shares |
| Fresh Issue | 450 crore |
| Offer for Sale | 11,210,659 Equity Shares |
India Exposition Mart IPO Date
India Exposition IPO opening date is August 2022, and the closing date is August 2022. The India Exposition Mart issue may list in August 2022.
| IPO Opening Date | August 2022 |
| IPO Closing Date | August 2022 |
| Basis of Allotment Date | August 2022 |
| Initiation of Refunds | August 2022 |
| Credit of Shares to Demat Account | August 2022 |
| IPO Listing Date | August 2022 |
Basis of Allotment
| Type | % of Offer | Basis of Allotment |
|---|---|---|
| Qualified Institutional Buyer | 75 |
Roughly equivalent
|
| Non Institutional Investor | 15 |
Roughly equivalent
|
| Retail | 10 | Minimum 1 lot based on availability |
India Exposition IPO Status
Allotment of equity stocks subject to the Fresh Issue and transfer of the Promoter Selling Shareholders’ OFS Stocks to the winning Bidders subject to the Offer for Sale. Nevertheless, the status of the allotment has yet to be revealed.
Here, you can find the Allotment Status of India Expo Mart IPO.
India Exposition Mart IPO GMP
India Exposition IPO Grey Market Premium is 0. You can check out GMP of Other IPOs on below Links:
| Date | GMP (in Rs) | Subject to Sauda | Kostak (in Rs) |
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Check Out the GMP of all Other IPOs
India Exposition IPO Review
India Exposition IPO review will depend on the price band which will be announced after SEBI approval. Whenever it will be announced we will update you regarding review of India Exposition Mart IPO is good or bad.
India Exposition IPO Risk
- COVID-2019 has had a substantial effect on the business and is likely to continue to do so.
- In the audit reports, their Statutory Auditor has inserted certain focus of matters/other matters sections.
- They plan to expand their commercial operations to other geographical locations where they have no previous experience, as well as present more virtual concerts and penetrate the digital market.
- A major amount of their revenue is reliant on a few key shows.
- They may be required to pay reimbursements for events that are cancelled or postponed.
- Their exhibition halls are crucial to their business, and they are situated in buildings that they lease from the Greater Noida Industrial Development Authority on a long-term leasehold basis.
Other Threats
- They operate in a highly competitive market that is always changing.
- They collaborate with outside service suppliers. Third-party service providers’ actions are beyond their control and could have a serious and negative impact on their business.
- For ongoing business operations, they require a substantial amount of power.
- Some of their corporate records are not traceable, including allotments made by their Company, transfers and acquisitions of Equity Shares made by their Shareholders, changes in registration office, and original nominations of their Chairman and Additional Director (Non-Executive).
- Their company necessitates the acquisition and renewal of specific licences and permissions from government or regulatory agencies, and failure to do so on time could have a negative impact on their operations.
Track Record
They think that their current position, and the events they organise, is influenced favourably by their continued ability to recognise and predict market trends and client preferences, allowing them to retain the standards that have allowed them to acquire current market recognition.
They have concentrated their efforts in the exhibition industry on the organised events sector, which is the highest-margin business and has a high degree of predictability of results.
They put on shows that encompass a wide range of items and industries, such as vehicles, food, fashion, tourism, wellness, sports, hospitality, and green technology.
They feel that by diversifying, they will be less vulnerable to swings in a given area, as well as possible countercyclical tendencies in that sector.
India Exposition IPO Brokerage views
once the dates will be announced we will update the views of different brokerage firms regarding this IPO. Here is the views of different stock brokers regarding this India Exposition Mart IPO:
- Yes Securities : Not Updated
- Choice Brokering: Not Updated
- Axis Securities: Not Updated
- IIFL Securities: Not Updated
- Trade swift: Not Updated
- Anand Rathi : Not Updated
- ICICI Securities: Not Updated
India Exposition IPO Subscription Status
| Date | Day | QIB | NII | Retail | Employees | Total Subscription |
| August 2022 | 1 | |||||
| August 2022 | 2 | |||||
| August 2022 | 3 |
India Exposition Mart Management
Their senior management team has significant experience and expertise of show operations and management. While several of their key management personnel have been with company for more than 15 years, they have also hired additional seasoned professionals.
Their management’s expertise, strong reputation, large network of industry links, and broad experience in the exhibition sector, we believe, will continue to aid them in their growth, modernization, and development. They are well-connected and a member of a number of well-known Indian and international exhibition groups.
Their exposition facilities currently feature approximately 800 permanent Indian exporter show rooms, 14 multi-purpose halls, 29 meeting rooms, 4 open areas, 4 specialty restaurants with 128 rooms and amenities, and 2000+ car parking space, among other things.
Principal Shareholders
- Vectra Investments Private Limited
Principal Shareholders’s Holding
| Pre Issue Share Holding | 22.75% |
| Post Issue Share Holding |
India Exposition Mart Prospectus
Contact Details
India Exposition Mart Limited
Plot No. 1, 210- Atlantic Plaza, Local
Shopping Centre, Mayur Vihar Phase – I,
Delhi – 110 091
Tel: + 91 120 2328025
E-mail: [email protected]
Website: www.indiaexpomart.com
Registrar
KFin Technologies Limited
Selenium, Tower-B, Plot No. 31 & 32,
Financial District, Nanakramguda, Serilingampally
Hyderabad, Rangareddi – 500 032, India
Tel: +91 40 6716 2222
E-mail: [email protected]
Website: www.kfintech.com
Lead Manager(s)
- Emkay Global Financial Services Limited
We hope we are able to answer all your questions about India Exposition Mart IPO. If you don’t have a Demat account, open it now with Zerodha best trading app of India.
Disclaimer
The reference of IPO Grey Market Premium (IPO GMP) is only valid for the date specified in the header.
On the IPO Grey Market, we do not purchase or sell IPO forms.
The Kostak Rate is the profit earned by selling an IPO application (in an off-market transaction) to somebody else before the issue is allotted or listed.
Do not subscribe to an IPO based solely on the premium price, as it may alter at any time before to the listing. Only consider the fundamentals of the companies when subscribing.
The GMP rates for IPOs are based on market intelligence. Please keep in mind that these IPO GMP rates may vary by geography and market.
Note:
Profit must do not engage in grey market trading or facilitate the purchase or sale of IPO forms. We don’t endorse such activities at all. We are sticky against such activities & never advise anyone to trade in grey market at all.
FAQ
India Exposition IPO Opening Date?
India Exposition IPO will open in August 2022.
India Exposition IPO Listing Date?
India Exposition IPO will list in August 2022.
India Exposition IPO GMP Today?
India Exposition Mart IPO Grey Market Premium is INR 0 .
India Exposition IPO Allotment Date?
India Exposition IPO basis of allotment will be in August 2022.
Lot size for India Exposition IPO?
Lot size for India Exposition IPO is 0.
