Exhicon Events Media Solutions Limited IPO : Important Info.

Exhicon Events Media Solutions Limited IPO is set to launch on 31 March, 2023. The company Initiated its business operations in the year 1997. The company provides services and products for various events such as Conferences, Exhibitions, etc. 

Exhicon Events Media Solutions Limited also supplies flooring and carpets, steel AC Structures, modular registration setup, octanorm systems, sound light and video, modular stocks, CCTV setup, etc for indoor as well as outdoor events. Its client list includes domestic as well as international clients. The State government is its client alongside companies for Hospitality, Non Chemical FMCG, Healthcare industry, International trading etc.

Exhicon Events Media Solutions Limited IPO DETAILS

Exhicon Events Media Solutions Limited IPO is set to launch on 31 March., 2023. The subscription timeline extends till 5 April, 2023. The size for the IPO is 21.12 Crore Rs. Shares issued through fresh issue mode are worth 21.12 Crore Rs. No Shares are issued through offer for sale mode. The lot size is 2000 shares and the price is 61 to 64 Rs per share. The company is going to get listed at BSE SME. The face value per share is Rs.10 and this is a Book Built issue. The registrar for the company is Link Intime India Private Limited.

Tabular Description of Exhicon Events Media Solutions Limited IPO

IPO OPENING DATE	31 March., 2023
CLOSING DATE FOR IPO	5 April, 2023
ISSUE TYPE	Book Built Issue
Face Value per share	10 Rs. per share
IPO price band	61 to 64 Rs per share
LOT SIZE	2000 shares
MINIMUM ORDER QUANTITY	2000 shares
ISSUE SIZE	21.12 Crore Rs.
OFFER FOR SALE	No shares are issued through offer for sale mode.
FRESH ISSUE	21.12 Crore Rs.
LISTING AT	BSE SME
LISTING DATE	17 April, 2023

Exhicon Events Media Solutions Limited IPO : IMPORTANT DATES

IPO OPENING DATE	31 March., 2023
CLOSING DATE FOR IPO	5 April., 2023
IPO ALLOTMENT DATE	11 April, 2023
REFUNDS	12 April, 2023
DEMAT A/C CREDITED ON	13 April, 2023
IPO LISTING DATE	17 April, 2023

Exhicon Events Media Solutions Limited IPO begins for subscription from 31 March., 2023. The IPO subscription would continue till 5 April, 2023. The allotment status for the shareholders who applied would come on 11 April, 2023. The refunds for the ones who did not get allotment would be initiated on 12 April, 2023. The DEMAT accounts of shareholders would be credited on 13 April, 2023. The listing of the company would be accompanied on 17 April, 2023.

Exhicon Events Media Solutions Limited IPO : Lead Managers

The lead managers are :

• Share India Capital Services Private Limited

The minimum lot size for the company is decided at 2000 shares. This holding accounts to  128000 Rs.. The maximum lot size is decided at 4000 shares (HNI). This amounts to 256000 Rs.. Hence the company’s final holdings would be set as :

	Shares	Amount
Minimum	2000 shares	128000 Rs.
Maximum	4000 shares	256000 Rs.

OBJECTIVES FOR THE IPO

• IPO proceeds would be used for general corporate purposes.
• The Issue proceeds will be utilised for fulfilling the working capital requirements.

COMPANY FINANCIALS

Particularly (in Lakh Rs.)	2020-21	2021-22	Sept. 2022
ASSETS	788	1747	2168
Revenue	949	4651	2931
PAT	11	428	470

Exhicon Events Media Solutions Limited had an asset base of 788 Lakh Rs in 2021. The same increased to a mighty 1757 Lakh Rs in 2022. This is a jump of more than 900 Lakh Rs. In 2022 Sept the asset of the company already touched 2168 Lakh Rs. The revenue of the firm was 949 Lakh Rs in 2021. The same increased to a mighty 4651 Lakh Rs in 2022. The profits of the firm was 11 Lakh Rs in 2021 which increased to 428 Lakh Rs in 2022 and till Sept. 2022 the comp[any has already achieved a profit of 470 Lakh Rs.

PROS

• In addition to providing products for exhibition Exhicon Events Media Solutions Limited aids in essential supplies to make the entire event setup get ready in no time. It supplies flooring and carpets, steel AC Structures, modular registration setup, octanorm systems, sound light and video, modular stocks, CCTV setup, etc for indoor as well as outdoor events.
• Its client list includes domestic as well as international clients. The State government is its client alongside companies for Hospitality, Non Chemical FMCG, Healthcare industry, International trading etc.

CONS

• The company works into a very competitive segment.

Exhicon Events Media Solutions Limited IPO APPLICATION PROCESS WITH ZERODHA

It is very easy to apply for an IPO now if you have a DEMAT account with Zerodha. Follow the steps below for the same :

1. Logging into Zerodha console through its website or KITE platform.
2. Clicking the IPO link present in the Portfolio section.
3. Click the Exhicon Events Media Solutions Limited IPO button and press the BID button.
4. Entering the details asked for like UPI ID, Quantity and price.
5. Submit the application form for the IPO.
6. Visiting the application of UPI for approving the transaction.

Now, applying for an IPO online is possible with most of the Discount and online brokers.