IPO

E Factor Experiences Limited IPO

NSE SME

Listed On: Oct 9, 2023 at ₹ 115.0

₹ 120000 /1600 Shares

Check Allotment

E Factor Experiences Limited IPO Details

27 Sep, 2023

Open Date

03 Oct, 2023

Close Date

05 Oct, 2023

Allotment Date

09 Oct, 2023

Listing Date

Issue Price

₹71-75 per equity share

Face Value

₹10 Per Equity Share

Listing at Group

NSE SME

Registrar

Maashitla Securities Private Limited

List Price

115.0

Listing Date

2023-10-09

Market Lot

1600 Shares (₹120,000/-)

Lead Manager

Hem Securities Limited

Issue Size

3,456,000 shares(aggregating up to ₹25.92 Cr)

Retail Portion

35%

Subscription

73.21 times

IPO Docs

DRHP

E Factor Experiences Limited IPO Subscription Details

As onQIB / NIIRetailTotal
Day 1 - 27-09-23 05:00 PM1.00/2.62 x0.54 x1.12 x
Day 2 - 28-09-23 05:00 PM1.00/2.55 x1.43 x1.55 x
Day 3 - 29-09-23 05:00 PM7.00/2.99 x2.73 x4.00 x
Day 4 - 03-10-23 05:00 PM46.09/168.61 x47.78 x73.21 x

E Factor Experiences Limited Valuations

Earnings Per Share (EPS)

₹7.82/-

P/E Ratio

9.59

RoNW

68.35%

Net Asset Value (NAV) - Post Issue

₹N/A/-

E Factor Experiences Limited Company Financials All values are in ₹ Lakh

31-Mar-2331-Mar-2231-Mar-21
Assets5,674.804,916.872,581.94
Revenue11,945.215,700.24990.56
Profit After Tax761.35255.73123.39

About The Company

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.

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E Factor Experiences Limited - Promoter(s)

Pre Issue Share Holding: %

Post Issue Share Holding: %


Company Promoter(s)

  1. Jai Thakore
  2. Samit Garg
  3. Manika Garg

E Factor Experiences Limited IPO - Issue Objectives

  1. Investment in Subsidiary
  2. To meet Working Capital requirements
  3. Repayment and/or pre-payment, in full or part, of certain borrowings availed by the Company
  4. General Corporate Purpose

E Factor Experiences Limited IPO - FAQs

Ans. E Factor Experiences Limited IPO is a SME IPO. The issue is priced at ₹71-75 per equity share. The minimum order quantity is 1600 Shares. The IPO opens on Sep 27, 2023, and closes on Oct 3, 2023. Maashitla Securities Private Limited is the registrar for the IPO. The shares are proposed to be listed on NSE SME.

Ans. The E Factor Experiences Limited IPO opens on Sep 27, 2023 and closes on Oct 3, 2023.

Ans. The size of E Factor Experiences Limited IPO is 3,456,000 shares(aggregating up to ₹25.92 Cr).

Ans. The IPO price band is set between ₹71-75 per equity share.

Ans. To apply for E Factor Experiences Limited IPO IPO, follow the steps given below:

  • - Open the IPO Ji App or Website
  • - Find E Factor Experiences Limited IPO in the List of IPOs
  • - Press "Apply" Button
  • - Select Your Demat Account
  • - Select Your Shares Quantity and Submit
  • - Track Your IPO Status

Ans. The share allotment date of E Factor Experiences Limited IPO is Oct 5, 2023.

Ans. The E Factor Experiences Limited IPO will be listed on Oct 9, 2023.

Ans. Follow the steps to check the allotment status for E Factor Experiences Limited IPO here.