Exhicon Events Media Solutions IPO: Exhicon Events Media Solutions Ltd.’s initial public offering (IPO) will begin on March 31, 2023, which is this week’s Friday. The 21.12 crore public offering will be up for bids till April 5th, 2023. Exhicon Events Media Solutions’ IPO pricing range has been set by the SME business at 61 to 64 rupees per equity share.
Exhicon Events Media Solutions IPO Dates
The public issue will be available for subscription beginning on March 31, 2023, and will be available through April 5, 2023. The public issue is book build in nature.
Exhicon Events Media Solutions IPO Details
| IPO Date | Mar 31, 2023 to Apr 5, 2023 |
| Face Value | ₹10 per share |
| Price | ₹61 to ₹64 per share |
| Lot Size | 2000 Shares |
| Total Issue Size | 3,300,000 shares (aggregating up to ₹21.12 Cr) |
| Fresh Issue | 3,300,000 shares (aggregating up to ₹21.12 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE SME |
Important Dates of Exhicon Events Media Solutions IPO
Exhicon Events Media Solutions IPO opens on Mar 31, 2023, and closes on Apr 5, 2023.
| Opening Date | Mar 31, 2023 |
| Closing Date | Apr 5, 2023 |
| Basis of Allotment | Apr 11, 2023 |
| Initiation of Refunds | Apr 12, 2023 |
| Credit of Shares to Demat | Apr 13, 2023 |
| Listing Date | Apr 17, 2023 |
Exhicon Events Media Solutions IPO Lot Size
The Exhicon Events Media Solutions IPO lot size is 2000 shares.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 2000 | ₹128,000 |
| Retail (Max) | 1 | 2000 | ₹128,000 |
| HNI (Min) | 2 | 4,000 | ₹256,000 |
Exhicon Events Media Solutions IPO Promoter Holding
Mr. Mohammad Quaim Syed and Ms. Padma Mishra are the company promoters.
Objects of the Exhicon Events Media Solutions IPO
The proceeds from the issue will be used for the following objects:
- Working capital gap and general corporate expenses.
- Acquisition of exhibition material.
- Issue expenses.
About Exhicon Events Media Solutions IPO
Exhicon Events Media Solutions Limited, a 1997 incorporation, offers goods and services to the exhibition, conference, and events sectors.
The business provides event management, event infrastructure, and integrated marketing solutions for B2B and B2C fairs and events.
Exhicon also provides steel AC structures, Octanorm systems, flooring, and carpets, as well as modular setups for registration, furniture, general lighting, sound, light, and video, branding & signage’s CCTV and hardware setup, and the construction of outdoor and indoor event venues across five Indian cities.
Copo Digital Services (India) Private Limited: Copo Digital offers support, development, and consulting services for technology. Online media and advertising services are provided by Digiglobe Advertising Private Limited. International show organisers can turn to Global Exhibitions Agency Asia Limited in Hong Kong for sales and marketing assistance. State governments, domestic organisations, foreign clients in the hospitality, food and beverage, non-chemical FMCG, international trade, and healthcare industries are among the clients of Exhicon Events Media Solutions.