Propshop Events and Exhibitions IPO
Propshop Events and Exhibitions Limited · Event Management & Exhibition Services
- Issue price
- ₹69per share
- Issue size
- ₹28.57 Cr41,40,000 shares
- Face value
- ₹10per equity share
- Lot size
- 4,000 sharesMin. ₹2.76 L at the upper price
- OpensMon, 2026
- ClosesWed, 2026
- AllotmentFri, 2026Refunds and Demat credit same day
- ListingMon, 2026
Dates marked in the offer document as tentative. Times in IST.
Information only, not investment advice. This page provides information compiled from official offer documents for information purposes only. It is not investment advice or a recommendation to apply for, buy or sell any security. We are not a SEBI-registered investment adviser or research analyst. Investments in IPOs are subject to market risks; read the offer document carefully before investing.
Issue details
- Issue type
- Book built, fresh issue and offer for sale
- Fresh issue
- 33,40,000 shares (₹23.05 Cr)
- Offer for sale
- 8,00,000 shares (₹5.52 Cr)
- Total issue
- 41,40,000 shares (₹28.57 Cr)
- Market maker portion
- 2,16,000 shares
- Face value
- ₹10
- Listing at
- NSE Emerge
Source: ProspectusUpdated
Reservation
Share of the total issue- Retail37.1%
- QIB28.6%
- Big NII19.4%
- Small NII9.7%
- Market maker5.2%
| Category | Shares | Of net offer | Stated in RHP |
|---|---|---|---|
| Retail individual investors | 15,36,000 | 39.14% | 39% |
| Non-institutional investors (NII) | 12,06,000 | 30.73% | 31% |
| Small NII (₹2–10 lakh) | 4,02,000 | 10.24% | — |
| Big NII (above ₹10 lakh) | 8,04,000 | 20.49% | — |
| Qualified institutional buyers (QIB) | 11,82,000 | 30.12% | 30% |
| Market maker | 2,16,000 | — | — |
Source: ProspectusUpdated
Lot size
Amounts at ₹69 per share| Category | Lots | Shares | Amount |
|---|---|---|---|
| Big NII (above ₹10 lakh) | 2 | 4,000 | ₹2.76 L |
| Retail individual investors | 2 | 4,000 | ₹2.76 L |
| Small NII (₹2–10 lakh) | 2 | 4,000 | ₹2.76 L |
Source: ProspectusUpdated
Subscription
Category-wise subscription is published by the exchanges while the issue is open. It appears here once the figures are added.
Valuation
Period ended Feb 28, 2026, pre-issue- EPS (basic)
- ₹5.72
- EPS (basic) (FY 2024-25)
- ₹6.09
- EPS (diluted)
- ₹5.72
- P/E (FY 2024-25 at floor price)
- 10.67×
- P/E (FY 2024-25 at cap price)
- 11.33×
- RoNW
- 36.35%
- RoNW (FY 2024-25)
- 55.86%
- NAV per share
- ₹15.75
- NAV per share (At floor price)
- ₹26.99
- NAV per share (At cap price)
- ₹27.91
- ROCE
- 49.62%
- EBITDA margin
- 14.93%
- PAT margin
- 10.81%
- Debt to equity
- 0.00
Source: ProspectusUpdated
Financials
Standalone, restated · ₹ crore| Period ended | 28 Feb 202611 months | 31 Mar 2025FY 2024-25 | 31 Mar 2024FY 2023-24 | 31 Mar 2023FY 2022-23 |
|---|---|---|---|---|
| Revenue from operations | 59.81 | 51.52 | 30.51 | 25.91 |
| Total income | 59.94 | 51.59 | 30.57 | 25.93 |
| EBITDA | 8.93 | 8.55 | 2.95 | 1.28 |
| Profit after tax | 6.46 | 6.32 | 2.19 | 0.97 |
| Net worth | 17.78 | 11.32 | 4.17 | 1.05 |
| Reserves and surplus | 6.49 | 8.56 | 2.24 | 1.04 |
| Total assets | 25.71 | 18.46 | 11.10 | 8.15 |
| Total borrowing | 0.00 | 0.63 | 0.43 | 0.00 |
FY 2024-25 vs FY 2023-24: revenue +68.8%, profit after tax +188.1%. Periods shorter than 12 months are shown as reported and are not annualised.
Source: ProspectusUpdated
About the company
Provides trade show and exhibition booth solutions, including custom-built and modular stands, covering design, fabrication, logistics, installation and dismantling. Much of the fabrication work is carried out by subcontractors under the company's supervision. It serves clients across India and several international exhibition markets.
- Incorporated
- 2019
- Industry
- Event Management & Exhibition Services
- CIN
- U92490MH2019PLC329470
- Website
- thepropshopindia.com
Source: ProspectusUpdated
Promoters and shareholders
| Name | Before issue | After issue | Shares offered |
|---|---|---|---|
| Prathamesh Shantaram Pusalkar | — | — | 5,00,000 |
| Aarti Prathamesh Pusalkar | — | — | 3,00,000 |
Source: ProspectusUpdated
Objects of the issue
₹ crore| Purpose | Amount |
|---|---|
| Funding working capital requirements | 16.62 |
| General corporate purposes | 3.46 |
Source: ProspectusUpdated
Peer comparison
As listed in the offer document| Company | EPS | P/E | RoNW | NAV per share |
|---|---|---|---|---|
| Propshop Events and Exhibitions LimitedIssuer | ₹6.09 | 11.33× | 55.86% | ₹10.9 |
| Exhicon Events Media Solutions Limited | ₹20.06 | 27.31× | 27.00% | ₹86.46 |
Source: ProspectusUpdated
Strengths and risks
Our summary of what the offer document statesStrengths
- Long track record in a fragmented exhibition services industry, with many stands executed for a large client base.
- Asset-light model that relies on rented infrastructure and subcontractors, limiting capital expenditure.
- Presence in several international markets alongside domestic operations.
- In-house design and marketing team that supports brand-led booth designs.
- Revenue and profit grew across the periods shown in the restated financials.
Risks
- Revenue is concentrated in Gujarat, Maharashtra and Karnataka, so regional disruption could hurt results.
- Heavy reliance on outsourced subcontractors, with no formal registered agreements in place.
- Registered office and godowns are held on leased premises that may not be renewed on similar terms.
- Working capital requirements are high and rising, with large receivables and advances to vendors.
- Funding plans for the net proceeds have not been appraised by any bank or independent agency.
Source: ProspectusUpdated
Documents
Contacts
Source: ProspectusUpdated
Allotment status
Check whether shares were allotted on the official pages below, using your PAN, application number or DP/client ID. Results appear once the basis of allotment is finalised.
- Allotment
- Refunds
- Demat credit
- Listing
Source: ProspectusUpdated
After listing
Listing price, day-one high and low, and the change from the issue price (₹69) appear here after the shares list on NSE Emerge.
Work out the gain or loss on allotted shares after charges and tax →
Frequently asked questions
When does the Propshop Events and Exhibitions IPO open and close?
According to the Prospectus, the issue opens on Monday, 27 July 2026 and closes on Wednesday, 29 July 2026.
What is the Propshop Events and Exhibitions IPO price band?
The final issue price is ₹69 per share.
What is the lot size of the Propshop Events and Exhibitions IPO?
One lot is 4,000 shares, which is ₹2.76 L at ₹69 per share.
Where will Propshop Events and Exhibitions shares list?
On NSE Emerge. The tentative listing date is Monday, 3 August 2026.
Who is the registrar of the issue?
MUFG Intime India Private Limited (SEBI registration INR000004058). Allotment status is checked on the registrar's website.
How do I check the Propshop Events and Exhibitions IPO allotment status?
The basis of allotment is expected to be finalised on Friday, 31 July 2026. After that, search by PAN, application number or DP/client ID on the registrar's website (MUFG Intime India Private Limited). Shares that are allotted are credited to your demat account; for an application that is not allotted, the blocked amount is released.
How will the money raised be used?
₹16.62 Cr for funding working capital requirements, ₹3.46 Cr for general corporate purposes.
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Spotted something wrong?
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