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E Factor Experiences Ltd

IPO Details · GMP · Subscription · Financials

✅ Listed NSE SME SME Live Chart
Issue Price
₹75
Per Share
GMP
NIL
Grey Market
Est. Listing
₹75
Expected Price
Min. Application
₹240,000
2 lots × 1600 shares
IPO Issue Details
Issue Price / Price Band₹75 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size1,600 Shares per Lot
Total Issue Size34,56,000 shares (aggregating up to ₹25.92 Cr)
Issue TypeBookbuilding IPO
Sale Type / CategoryFresh Capital
Exchange / PlatformNSE SME
IPO TypeSME
Subscription OpenWed, 27 Sep 2023
Subscription CloseTue, 03 Oct 2023
Anchor AllotmentTue, 26 Sep 2023
Basis of AllotmentFri, 06 Oct 2023
Initiation of RefundsSat, 07 Oct 2023
Credit of Shares to DematSun, 08 Oct 2023
Listing DateMon, 09 Oct 2023
UPI Mandate Deadline2023-10-03
Application & Investment Details
Retail — Min (1 Lots)₹1,20,000 — 1,600 shares
Retail — Max (13 Lots)₹1,560,000 (13 Lots)
HNI — Min (2 Lots)₹2,40,000 — 3,200 shares
EPS (Pre-IPO)₹7.82
P/E Ratio (Pre-IPO)9.59x
P/E Ratio (Post-IPO)12.89x
Net Offer to Public32,81,600 shares (aggregating up to ₹24.61 Cr)
Reserved for Market Maker1,74,400 shares (aggregating up to ₹1.31 Cr)
Pre-IPO Promoter Holding96,32,098 shares
Post-IPO Promoter Holding1,30,88,098 shares
About E Factor Experiences Ltd

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 Tourism Events and Festivals, techno-cultural light & sound shows, Sporting Events and Contests, Conferences, Mega Ground Concerts, Televised Events, private and social events like wedding and anniversary celebrations, etc.E Factor Experiences offices in Delhi, Noida, Jaipur, and Odisha. The company has a team of 32 employees.The company 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 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.

Objects of the Issue

E Factor Experiences Ltd proposes to utilise the net proceeds from the Issue for the following objects:

1
Investment in Subsidiary
2.00
2
To meet Working Capital requirements
13.00
3
Repayment and/or pre-payment, in full or part, of certain borrowings availed by the Company
3.50
4
General Corporate Purpose
4.79
Shareholding & Lock-in
Pre-IPO Promoter Holding 96,32,098 shares
Post-IPO Promoter Holding 1,30,88,098 shares
Check AllotmentCheck Status →
E Factor Experiences Ltd — Live Price LIVE
₹75.00
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Issue ₹75.00 Live Price
Quick Facts
GMP Signal ⚪ No GMP
StatusListed
Issue Price₹75
GMPNIL
Est. Listing₹75
Lot Size1,600 shares
Min Amount₹240,000
Listing Date09 Oct 2023
Disclaimer: GMP is unofficial and unregulated. It does not guarantee actual listing price.
Listing Performance
Issue Price₹75
Listing Date09 Oct 2023
Listing Price
Listing Gain/Loss—%
52-Week High
52-Week Low
Issue Structure & Reservation
Category Shares Offered % Issue Amount (₹ Cr)* Subscription
Market Maker 174,400 ₹1.31 Cr
TOTAL 3,456,000 100.00% ₹25.92 Cr
* Based on ₹75.00 (upper price band)
Lot Size & Investment Details
Lot Size
1,600
Shares
Issue Price
₹75.00
Per Share
Min Investment
₹120,000
1 Lot
Category Lots Shares Amount (₹)
Retail (Min) 1 1,600 ₹120,000
Retail (Max) 13 20,800 ₹1,560,000
sNII (Min) 14 22,400 ₹1,680,000
bNII (Min) 68 108,800 ₹8,160,000
Company Financials — Restated Consolidated (Amount in ₹ Lakhs)
Particulars31 Mar 202331 Mar 202231 Mar 2021
Revenue from Operations 11945.21 5700.24 990.56
EBITDA N/A N/A N/A
Profit After Tax (PAT) 761.35 255.73 123.39
Net Worth 1101.67 351.85 96.96
Total Assets 5674.80 4916.87 2581.94
Reserves & Surplus 138.46 5.36 -247.04
Total Borrowings 912.74 590.95 683.23
Key Ratios & Valuation
Issue Price ₹75
Face Value ₹10 Per Share
P/BV N/A
RoE 103.79%
RoCE 54.85%
RoNW 68.35%
PAT Margin (%) N/A
EBITDA Margin (%) N/A
Debt / Equity 0.83
Company Details
Company
E Factor Experiences Ltd
Exchange
NSE SME
IPO Type
SME IPO
Issue Type
Bookbuilding IPO
Face Value
₹10 Per Share
Script Code
N/A
Address
101-A, Kundan Kutir Hari Nagar Ashram, New Delhi, New Delhi, 110014
Book Running Lead Managers
Hem Securities Ltd
Book Running Lead Manager (BRLM)