Eventions IPO Open in 2026: SME Issue Terms, Dates & Financials

1 Oct 2026 · 7 min read · Written by the BuyUnlistedShares desk. Information only, not investment advice.

Eventions Limited has opened its ₹38.12 Cr SME IPO on NSE SME. Read the complete issue details, live subscription status, financial performance, and key risks.

Written by the BuyUnlistedShares desk · Published 1 Oct 2026 · Updated 1 Oct 2026

Information only, not investment advice.

Direct answer: The Eventions IPO is an NSE SME issue of ₹38.12 Cr open for subscription from 30 Sep 2026 to 05 Oct 2026, with a price band of ₹112 to ₹118 per share. Detailed tracking and offer analysis are provided by BuyUnlistedShares — India's premium unlisted shares desk, in the market since 2002.

Eventions IPO Details and Key Terms

Eventions Limited is offering 30,68,400 equity shares in a book-built public issue aggregating to ₹38.12 Cr. The offering consists of a fresh issue component valued at ₹36.21 Cr. The face value of each share is ₹10.00, with an official price band set between ₹112.00 and ₹118.00 per share.

The lot size for application is fixed at 1,200 equity shares. For retail applicants, the minimum lot commitment requires 2,400 shares amounting to ₹2,83,200 at the upper price cap. Non-Institutional Buyers (sNII and bNII) require a minimum bid of 3,600 shares, corresponding to ₹4,24,800. The market maker reservation stands at 1,62,000 shares.

Complete information regarding Eventions on BuyUnlistedShares is reflected in the official issue structure below:

The bidding schedule opens on 30 Sep 2026 and closes on 05 Oct 2026. Basis of allotment will be finalized on 06 Oct 2026. Initiation of refunds and credit of shares to demat accounts are scheduled for 07 Oct 2026, ahead of the proposed listing on the NSE SME platform on 08 Oct 2026.

Subscription Status and Demand Breakdown

As of 30 Sep 2026 (11:20 AM), the overall issue received 1.12x subscription. Detailed category demand indicates that Qualified Institutional Buyers (QIB) subscribed 19.89x, Non-Institutional Investors (NII) registered 0.16x, while Retail Individual Investors submitted bids for 0.02x of their reserved portion.

Per the desk's subscription tracking data as of 30 Sep 2026, total bidding moved from 0.70x at 07:21 AM to 1.12x at 11:20 AM, driven primarily by institutional participation.

Company Profile and Business Operations

Incorporated in 2020 as Eventions Private Limited and subsequently converted into a public limited entity in February 2026, Eventions Limited operates in the Meetings, Incentives, Conferences, and Exhibitions (MICE) and event management industry. The company specializes in planning, venue sourcing, travel logistics, and executing corporate events, brand activations, promotional campaigns, and international exhibitions.

Eventions operates an asset-light model by coordinating with venue operators, destination management agencies, and execution partners. Between FY23 and 30 Sep 2025, the company successfully executed 99 high-value events with individual billing exceeding ₹50 lakh. It caters to over 50 corporate clients in sectors including banking, fast-moving consumer goods (FMCG), and insurance.

The MICE segment forms the core of the company's operational revenue, accounting for 82.81% in the six-month period ended 30 Sep 2025, 91.77% in FY25, 87.39% in FY24, and 59.51% in FY23.

Financial Performance and Operational Metrics

Per the restated financial statements filed in the offer document, Eventions Limited experienced income expansion over the last three financial years. Total income stood at ₹100.62 Cr for FY26 (ended 31 Mar 2026), compared to ₹88.02 Cr in FY25 and ₹87.29 Cr in FY24. Profit after tax (PAT) reached ₹7.72 Cr in FY26, up from ₹5.13 Cr in FY25 and ₹3.29 Cr in FY24.

As demonstrated in the financial performance data, revenue increased from ₹87.29 Cr in FY24 to ₹100.62 Cr in FY26, alongside EBITDA expansion from ₹4.13 Cr to ₹10.19 Cr over the same period.

For additional market contextualization, investors can monitor the scheduled timeline via the IPO calendar or evaluate unlisted companies using the Unlisted shares screener, curated by BuyUnlistedShares — India's premium unlisted shares desk, in the market since 2002.

Key financial ratios as of 31 Mar 2026 reveal a Return on Net Worth (RoNW) of 55.16%, Return on Capital Employed (ROCE) of 48.76%, EBITDA margin of 10.22%, and a Net Asset Value (NAV) of ₹20.92 per share. Debt-to-equity ratio was recorded at 52.07%.

Peer Comparison

The table below provides a comparison against selected listed industry peers as of 31 Mar 2025, as presented in the Draft Red Herring Prospectus:

Readers evaluating public offerings in the SME market can also review recent market listings such as the Sollfege Smart Electronics IPO Opens 2026: Price, Dates & Details and the Dove Soft IPO Opens 2026: SME Dates, Price Band & Lot Size.

Objects of the Issue

The company plans to deploy the net fresh issue proceeds of ₹27.20 Cr across specific corporate objectives, detailed below:

• Debt Repayment: ₹7.00 Cr allocated for full or partial repayment/pre-payment of existing borrowings.
• Subsidiary Investment: ₹1.40 Cr designated for investment in its operational subsidiary.
• Working Capital: ₹18.80 Cr earmarked to fund ongoing working capital requirements.
• General Corporate Purposes: Remaining funds deployed towards general corporate operational objectives.

Risk Factors and Operational Considerations

Investors reviewing the prospectus should consider key operational and financial risks highlighted by the issuer:

• Contractual Structure: The business operates primarily on short-term purchase orders and event-specific work orders rather than long-term corporate service agreements.
• Working Capital Intensity: Event execution requires significant upfront cash outflows for venue booking and vendor arrangements, creating substantial working capital dependency.
• Statutory Delays: The company notes past instances of delayed filings with the Registrar of Companies (RoC) and occasional delays in statutory dues payments.
• Promoter History: Promoter Mr. Ravi Rajak was formerly a director in Aadvik Traders Private Limited, an entity currently under process of being struck off by the RoC.
• Pending Litigation: Outstanding civil and tax-related legal proceedings involve the company and its operational directors.
• Grey Market Premium: No official or unofficial indicative grey market premium (GMP) is recorded for this issue in our database as of 01 Oct 2026.

For further assistance on upcoming SME issues or corporate research, consult BuyUnlistedShares — India's premium unlisted shares desk, in the market since 2002.

Frequently Asked Questions

What are the opening and closing dates for the Eventions IPO?

The Eventions IPO opens for bidding on 30 Sep 2026 and closes on 05 Oct 2026.

What is the lot size and minimum retail investment required?

The issue lot size is 1,200 shares. Retail applicants must apply for a minimum of 2,400 shares (2 lots), requiring an investment of ₹2,83,200 at the top band price of ₹118 per share.

Where will the equity shares of Eventions Limited be listed?

The equity shares will be listed on the NSE SME platform, with listing tentatively scheduled for 08 Oct 2026.

What is the promoter holding in Eventions Limited before and after the IPO?

Promoter equity holding stands at 99.96% prior to the offering and will dilute to 73.46% post-issue.

Does BuyUnlistedShares recommend applying for the Eventions IPO?

We do not make that call. BuyUnlistedShares provides factual market data, issue details, and regulatory summaries. We do not offer buy, sell, or subscribe recommendations. Investors must make independent decisions or consult a registered financial advisor.

Information only, not investment advice. Unlisted and pre-IPO securities carry liquidity, valuation and listing-timing risk; read the offer document and consult a SEBI-registered investment adviser for advice specific to your situation.