Propshop Events & Exhibitions IPO Date, Price, GMP, Details
Feb 24
<h2 data-start="195" data-end="264">Propshop Events & Exhibitions IPO – A Promising SME Opportunity</h2><p data-start="266" data-end="699">The upcoming <a href="https://www.indiaipo.in/ipo-blogs/propshop-events-exhibitions-ipo"><strong data-start="279" data-end="316">Propshop Events & Exhibitions IPO</strong></a> marks an exciting moment for investors eyeing the <strong data-start="367" data-end="433">SME (Small-Medium Enterprise) space on the NSE EMERGE platform</strong>. Propshop Events and Exhibitions Limited, a Mumbai-based corporate solutions firm, has filed its <strong data-start="531" data-end="570">Draft Red Herring Prospectus (DRHP)</strong> aiming to list on <strong data-start="589" data-end="603">NSE EMERGE</strong>, offering equity shares to the public for the first time.</p><h3 data-start="701" data-end="727">About the Company</h3><p data-start="728" data-end="1399">Founded in <strong data-start="739" data-end="747">2019</strong>, Propshop Events and Exhibitions specializes in <strong data-start="796" data-end="841">trade show and exhibition booth solutions</strong>, offering services from conceptual design and 3D visualization to logistics, installation, and post-event dismantling. The company serves a broad range of clients across sectors such as industrial machinery, décor, healthcare, cosmetics, food & beverages, and more. With operations in India and partnerships in global markets including the US, UK, Dubai, Germany, Spain and Singapore, it has positioned itself as a flexible and scalable player in the <strong data-start="1293" data-end="1360">MICE (Meetings, Incentives, Conferences & Exhibitions) industry</strong>.</p><h3 data-start="1401" data-end="1424">IPO Highlights</h3><ul data-start="1425" data-end="1900"><li data-start="1425" data-end="1453"><p data-start="1427" data-end="1453"><strong data-start="1427" data-end="1440">Exchange:</strong> NSE EMERGE</p></li><li data-start="1454" data-end="1527"><p data-start="1456" data-end="1527"><strong data-start="1456" data-end="1471">Issue Type:</strong> Book Building (mix of fresh issue and offer-for-sale)</p></li><li data-start="1528" data-end="1592"><p data-start="1530" data-end="1592"><strong data-start="1530" data-end="1556">No. of Shares Offered:</strong> Up to <strong data-start="1563" data-end="1590">40,90,000 equity shares</strong></p></li><li data-start="1593" data-end="1650"><p data-start="1595" data-end="1650"><strong data-start="1595" data-end="1615">Merchant Banker:</strong> Unistone Capital Private Limited</p></li><li data-start="1651" data-end="1720"><p data-start="1653" data-end="1720"><strong data-start="1653" data-end="1672">Business Focus:</strong> End-to-end custom and modular booth solutions</p></li><li data-start="1721" data-end="1900"><p data-start="1723" data-end="1900"><strong data-start="1723" data-end="1744">Financial Growth:</strong> Strong revenue and profit increase with a <strong data-start="1787" data-end="1813">revenue CAGR of ~41.7%</strong> and robust returns on net worth in recent years.</p></li></ul><p data-start="1902" data-end="2178">The IPO aims to fuel working capital needs and corporate growth while opening a gateway for retail, HNI, and institutional investors to participate in Propshop’s expansion story. As with all IPOs, detailed review of the prospectus and risk factors is advised before investing.</p>