E-Factor Experiences Limited (NSE SME)

Sep 27, 2023 - Oct 3, 2023

Price ₹71 - ₹75
Premium ₹55
Lot size 1600
Allotment Oct 5, 2023
Listing Oct 9, 2023

Category Lot(s) Qty Amount Reserved
Retail 1 1600 120000 0
HNI 2 3200 240000 0

Last updated on 03-Oct-2023 17:00:12

CategoryOfferedAppliedTimes
QIB6,56,0003,02,33,60046.09
NIB4,92,8008,30,91,200168.61
RETAIL11,48,8005,48,84,80047.78
Total22,97,60016,82,09,60073.21
Retail Apps34,303© IPO Premium
About

Incorporated in 2003, 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.

E Factor Experiences IPO Details

Issue Size 3,456,000 shares
(aggregating up to ₹25.92 Cr)
Fresh Issue 3,456,000 shares
(aggregating up to ₹25.92 Cr)
Issue Type Book Built Issue IPO
Listing At NSE SME
Share holding pre issue 9,632,098
Market Maker portion 174,400 shares

E Factor Experiences IPO Reservation

 

QIB Shares Offered Not more than 50% of the Net Issue
NII (HNI) Shares Offered Not less than 15% of the Net Issue
Retail Shares Offered Not less than 35% of the Net Issue

Company Financials

 
E Factor Experiences IPO Financial Information (Restated Standalone)
Period Mar 2021 Mar 2022 Mar 2023
Assets 2,581.94 4,916.87 5,674.80
Revenue 990.56 5,700.24 11,945.21
Profit 123.39 255.73 761.35
Net Worth 96.96 351.85 1,101.67
Reserves -247.04 5.36 138.46
Borrowing 683.23 590.95 912.74
Amount in ₹ Lakhs
Lead Manager(s)
Strength
Weakness
Registrar

Maashitla Securities Private Limited

Phone: +91-11-45121795-96
Email: ipo@maashitla.com
Website: https://maashitla.com/allotment-status/public-issues