IPO

E Factor Experiences Limited IPO

NSE SME

Listed On: Oct 9, 2023 at ₹ 115.0

₹ 240000 /3200 Shares
*Min Investment

Check Allotment

27 Sep, 2023

Open Date

03 Oct, 2023

Close Date

05 Oct, 2023

Allotment Date

09 Oct, 2023

Listing Date
E Factor Experiences Limited IPO Issue Details
  • Issue Price ₹71-75 per equity share
  • Face Value ₹10 Per Equity Share
  • Issue Price 3,456,000 shares(aggregating up to ₹25.92 Cr)
  • Listing at NSE SME
  • List Price 115.0
  • Listing Date 2023-10-09
  • Lead Manager Hem Securities Limited
  • Registrar Maashitla Securities Private Limited
E Factor Experiences Limited IPO Details
  • Retail Portion 35%
E Factor Experiences Limited IPO Documents
E Factor Experiences Limited IPO Details


E Factor Experiences Limited IPO is an SME IPO, priced at ₹71-75 per equity share. The equity shares have a face value of ₹10 Per Equity Share each and will be listed on the NSE SME platform.

The IPO bidding window is open from Sep 27, 2023 to Oct 3, 2023. The allotment is expected to be finalized on Oct 5, 2023, and the tentative listing date is Oct 9, 2023.


The registrar of the IPO is Maashitla Securities Private Limited, and

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E Factor Experiences Limited IPO Subscription Analysis And Details
Retail
47.78x
Total
73.21x
As onQIB / NIIRetailTotal
Day 1 - 27-09-23 05:00 PM1.00/2.62 x0.54 x1.12 x
Day 2 28-09-23 05:00 PM
1.00/2.55 x1.43 x1.55 x
Day 3 29-09-23 05:00 PM
7.00/2.99 x2.73 x4.00 x
Day 4 03-10-23 05:00 PM
46.09/168.61 x47.78 x73.21 x
E Factor Experiences Limited Valuations
Earnings Per Share (EPS) ₹7.82/-
P/E Ratio 9.59
RoNW 68.35%
Net Asset Value (NAV) - Post Issue ₹N/A/-
E Factor Experiences Limited Company Financials
In Lakhs
In Lakh
31-Mar-2331-Mar-2231-Mar-21
Assets5,674.804,916.872,581.94
Revenue11,945.215,700.24990.56
Profit After Tax761.35255.73123.39
About E Factor Experiences Limited Company

E Factor Experiences Limited is an Indian event management company. The company is engaged in providing event experiences, event services, technology-based permanent & semi-permanent multimedia light & sound installations and specialized turnkey event assignments, wedding management, and private and social event solutions.

E Factor Experiences Limited's portfolio of services includes turnkey assignments in the form of Government commissioned Tourism Events and Festivals, techno-cultural light & sound shows, Sporting Events & Contests, Conferences, Mega Ground Concerts, Televised Events, private and social events like wedding and anniversary celebrations etc.

E Factor Experiences Limited offices in Delhi, Noida, Jaipur and Odisha. The company has a team of 32 employees.

E Factor Experiences Limited has managed events like Eco Retreat, Odisha, DotFest, Bhubaneswar, Laser Show & Fireworks at Deepotsav, Kashi Balloon & Boat Race, Baba Saheb - The Grand Musical show on life & teaching of Baba Saheb Ambedkar and many more.

E Factor Experiences Limited entered into a permanent and sustained business with its experiential tourism brand, Sky Waltz owned by the Subsidiary company namely E-Factor Adventure Tourism Private Limited. Skywaltz is engaged in the business of managing and operating hot air ballooning and yachting activities in multiple locations in India and has been a government-approved commercial hot air balloon operator for the last 12 years.

The company also has acquired a 46.33% stake in Untamed Leisure and Hospitality Private Limited (formerly known as E Factor Leisure and Hospitality Private Limited) making this company the Associate company, which is engaged in the business of event management and hospitality services and other related activities of leisure and entertainment.

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E Factor Experiences Limited - Promoter(s)

Jai Thakore

Samit Garg

Manika Garg

Pre Issue Share Holding : %

Post Issue Share Holding : %

E Factor Experiences Limited IPO - Issue Objectives
1

Investment in Subsidiary

2

To meet Working Capital requirements

3

Repayment and/or pre-payment, in full or part, of certain borrowings availed by the Company

4

General Corporate Purpose