Eventions IPO
Eventions IPO is an SME IPO raising ₹38 Cr at ₹112 – ₹118 a share. It listed on 8 Oct 2026 at ₹111, −5.9% against its issue price of ₹118, and trades at ₹54 today (−54.2% since issue). It was subscribed 2.44× in total.
2.4 times more demand than shares on offer
populated partly populated we hold nothing here — the tab says why
Where your money goes
Only the fresh issue reaches the company. The offer for sale is existing shareholders selling their own stock — that money goes to them, not the business.
A red herring prospectus is filed before the price is fixed, so it states share counts rather than rupee amounts. derived: shares x cut-off price Rs118 + OFS by subtraction from exchange total Rs38 Cr. Checked: exchange issue size Rs38 Cr vs derived Rs38.1 Cr (0.3% apart).
What the fresh money funds
The stated uses of the net proceeds, from the prospectus’s Objects of the Issue table. Only the fresh issue funds these — the offer-for-sale money goes to the selling shareholders above.
As stated in the prospectus. “General corporate purposes” is the part with no committed use; SEBI caps it at 25% of the issue.
The price they’re asking
From the prospectus’s own “Basis for Issue Price” — the issuer’s earnings multiple against the peers it chose to compare itself with.
Priced 20% below the median multiple of the peers the issuer itself names.
| Listed peer (issuer’s choice) | P/E | RoNW | EPS |
|---|---|---|---|
| Mach Conferences & Events Limited | 22.44× | 12.99% | ₹7.16 |
| E-Factor Experiences Limited | 10.98× | 24.25% | ₹15.03 |
| This issue | 13.3× | 55.16% | ₹8.9 |
derived: cut-off price Rs118 / stated EPS Rs8.9 (FY2026 (year ended March 31, 2026) diluted EPS, restated, after giving effect to bonus issue dated March 5, 2026). Peer figures are as printed in the prospectus — they date from its filing, not today. A multiple is one lens, not a verdict.
Terms of the issue
The mechanics of what is being sold. Held for every issue we track.
Not here yet
The anchor-investor allocation — which institutions were allotted shares before bidding opened — is still to be read out of its document.