Business Standard

Exhicon Events Media Solutions Ltd - IPO

Issue Type

Book Building - SME

Issue Size (₹ Cr.)

21.12 cr

Price Range (₹)

64

Lot Size

2000

Min Investment (₹)

1,28,000.00

Listing Exchange

BSE - SME

Open Date

31-Mar-2023

Close Date

05-Apr-2023

Listing Date

17-Apr-2023

Exhicon Events Media Solutions Ltd News

    The Shares of Exhicon Events Media Solutions Ltd have now been listed.

    Exhicon Events Media Solutions Ltd IPO Details

    Initial public issue of 33,00,000 equity shares of face value of Rs. 10.00 each (Equity Shares) of the company for cash at a price of Rs. 64 per equity share (including a share premium of Rs. 54 per equity share) (Issue Price) aggregating up to Rs. 21.12 crores (Issue / Offer). This issue includes a reservation of 3,30,000 equity shares aggregating Rs. 2.11 crores for subscription by market maker (Market Maker Reservation Portion). The issue less the market maker reservation portion is hereinafter referred to as the Net Issue. The issue and the net issue shall constitute 27.79% and 25.01, respectively, of the post-issue paid-up equity share capital of the company, Price Band: Rs. 64.00 per equity share of face value of Rs. 10/- each and the issue price is 6.4 times of the face value.Bid can be made for minimum of 2000 equity shares and the multiples of 2000 equity shares thereafter.

    Objective of issue

    Working capital gap. Acquisition of exhibition material. General corporatr purposes.

    Exhicon Events Media Solutions Ltd Contact Details

    Exhicon Events Media Solutions Ltd, C-101 247 Park, L B S Marg, Vikhroli West, Mumbai-400083

    Phone - 91-22-49186000

    Fax - 91-22-49186060

    Email - cs@exhiconevents.in

    Website - https://exhicongroup.com