Propshop Events & Exhibitions Ltd (NSE SME)

Propshop Events & Exhibitions Ltd (NSE SME)

NSE - SMEUpcoming
Min. Investment
1,38,000
/ 2000 Shares
Issue Price
65-69
Subscription
-
Issue Size
28.56
Lot Size
2000
Open
Jul 27, 2026
Close
Jul 29, 2026
Allotment
Jul 30, 2026
Listing
Aug 3, 2026

1. Propshop Events & Exhibitions Ltd (NSE SME) IPO Details

Propshop Events & Exhibitions Ltd IPO is a book-built SME issue of ₹28.57 crores. The issue comprises a fresh issue of 31.24 lakh shares (up to ₹23.05 Cr) and an offer-for-sale (OFS) of 8.00 lakh shares (up to ₹5.52 Cr).

The bidding for the IPO starts next Monday, Jul 27, 2026, and ends on Jul 29, 2026. The allotment is expected to be finalized on Jul 30, 2026. The company will list on the NSE SME platform, with a tentative listing date fixed as Aug 03, 2026.

The price band is set at ₹65–₹69 per share. The lot size for an application is 2,000 shares, but the minimum application for retail investors is 2 lots (4,000 shares). The minimum amount of investment required by a retail investor is ₹2,76,000.

Grey Market Premium

Estimated listing gains (Live)

0

Financial Summary

Period Ended28 Feb 202631 Mar 202531 Mar 202431 Mar 2023
Assets25.7118.4611.108.15
Total Income59.9451.5930.5725.93
Profit After Tax6.466.322.190.97
EBITDA8.938.552.951.28
NET Worth17.7811.324.171.05
Reserves and Surplus6.498.562.241.04
Total Borrowing-0.630.43-

Propshop Events & Exhibitions IPO Details

IPO Date27 to 29 Jul, 2026
Listing DateMon, Aug 3, 2026 T
Face Value₹ 10 per share
Price Band₹65 to ₹69
Lot Size2,000 Shares
Sale TypeFresh capital cum OFS
Issue TypeBookbuilding IPO
Listing AtNSE SME
Total Issue Size41,40,000 shares (agg. up to ₹ 29 Cr)
Reserved for Market Maker2,16,000 shares (agg. up to ₹ 1 Cr) Bullpulse Marketedge Pvt.Ltd.
Fresh Issue (Ex Market Maker)31,24,000 shares (agg. up to ₹ 22 Cr)
Offer for Sale8,00,000 shares of ₹ 10 (agg. up to ₹ 6 Cr)
Net Offered to Public39,24,000 shares (agg. up to ₹ 27 Cr)
Share Holding Pre Issue1,12,90,804 shares
Share Holding Post Issue1,46,30,804 shares

Issue Reservation

Investor CategoryShares Offered
QIB Shares OfferedNot more than 30.12% of the Net Offer
Retail Shares OfferedNot less than 39.15% of the Net Offer
NII Shares OfferedNot less than 30.73% of the Net Offer

IPO Lot Size

ApplicationLotsSharesAmount
Individual investors (IND) (Min)24,000₹2,76,000
Individual investors (IND) (Max)24,000₹2,76,000
S-HNI (Min)36,000₹4,14,000
S-HNI (Max)714,000₹9,66,000
B-HNI (Min)816,000₹11,04,000

Recently Listed IPOs in Other Consumer Services

CompanyIssue TypeIssue SizeIssue PricePE RatioListing Day CloseListing Gain/Loss %LTP
Safecure Services Ltd.SME₹30.60 Cr₹10211.66₹77.55-23.97%₹23.97 ( +4.22% )
NIS Management Ltd.SME₹60.01 Cr₹1119.13₹102.60-7.57%₹47.00 ( +0.00% )

IPO Objects of the Issue

#Issue ObjectsEst Amt (₹ Cr.)
1Funding working capital requirements of the Company16.62
Total16.62

Key Performance Indicator (KPI)

KPIFeb 28, 2026Mar 31, 2025
ROE44.42%81.67%
ROCE49.62%74.14%
Debt/Equity0.000.06
RoNW36.35%55.86%
PAT Margin10.81%12.27%
EBITDA Margin14.93%16.60%
Price to Book Value4.384.38

Pre/Post IPO Valuation

ParameterPre IPOPost IPO
EPS (₹)5.604.82
P/E (x)12.3214.32
Promoter Holding94.55%67.50%
Market Cap₹ 100.95 Cr.-

2. About Propshop Events & Exhibitions Ltd (NSE SME)

Incorporated in 2019 and headquartered in Mumbai, Maharashtra, Propshop Events & Exhibitions Limited is an end-to-end trade show and exhibition booth solutions provider. The company offers customized and modular exhibition display stalls, managing the entire project lifecycle including concept design, 3D visualization, project management, logistics, installation, and post-event dismantling.


Track Record

  • Financial Scale: Operational revenue has expanded rapidly over recent fiscal cycles, rising from ₹25.91 Cr in FY23 to ₹30.51 Cr in FY24, and climbing to ₹51.52 Cr for the fiscal year ended March 31, 2025.

  • Profitability: Net profit (PAT) demonstrated substantial growth, tracking at ₹0.97 Cr in FY23, expanding to ₹2.19 Cr in FY24, and jumping to ₹6.32 Cr in FY25.

  • EBITDA Growth: Operating margins expanded alongside revenue, with EBITDA scaling up from ₹1.28 Cr in FY23 to ₹8.55 Cr in FY25.


Propshop Events & Exhibitions Ltd IPO GMP

As of July 24, 2026, the Grey Market Premium (GMP) is currently ₹0.

Note: Because official public subscriptions open next week on July 27, early grey market tracking indicators are starting flat. Subscription momentum is expected to pick up closer to the bidding window opening.


Propshop Events & Exhibitions Ltd IPO Allotment Status

The allotment is scheduled to be finalized on July 30, 2026.

Check Propshop Events & Exhibitions Allotment Status

To check your status online once the issue closes, visit the assigned registrar tracking portal: MUFG Intime India IPO Status Portal

You can verify your status via:

  • Registrar's website (MUFG Intime India Private Limited)

  • NSE official SME tracking portal

  • Using your PAN number, Application ID, or DP ID/Client ID


Strengths

  • Asset-Light Business Framework: Employs an agile business model leveraging in-house design capabilities while outsourcing heavy fabrication, ensuring operational scalability.

  • Diverse Industrial Clientele: Serves clients across multiple sectors including industrial equipment, healthcare, chemicals, media, food & beverages, and interior décor.

  • Full Project Lifecycle Support: Provides end-to-end event booth solutions from early-stage conceptualization to on-site support and post-event dismantling.

Weaknesses

  • Subcontractor Dependency: Relies heavily on third-party outsourced suppliers and subcontractors for fabrication and site execution.

  • Geographical Concentration: A major share of operational revenues originates from key states like Maharashtra, Gujarat, and Karnataka.

  • Seasonal & Project-Based Revenue: Earnings visibility is tied to specific exhibition schedules, corporate event cycles, and trade fair activity.


How the Company Will Use IPO Money

The fresh issue proceeds (₹23.05 Cr) will be utilized for:

  • Working Capital Requirements: Funding regular operational cash flows and project execution buffers (₹16.62 Cr).

  • General Corporate Purposes: Meeting regular general corporate administrative expenses and public offering administrative overheads.


Lead Manager & Registrar

  • Book Running Lead Manager: Unistone Capital Private Limited

  • Registrar: MUFG Intime India Private Limited

    Phone: 022-49186000

    Email: propshopevents.smeipo@in.mpms.mufg.com

D
Founder | India IPO Updates

DIPAK DANGODARA

I am the founder of India IPO Updates, a platform dedicated to tracking the Indian IPO market since 2024. With a background in digital research and data analysis, I built this platform to simplify IPO tracking covering issue details, live Grey Market Premium (GMP), subscription status, and allotment updates sourced from public exchange data and verified market sources.

I am not an SEBI-registered investment advisor. All GMP and market data shared here is for informational purposes only and should not be considered investment advice. Investors are advised to consult a registered financial advisor before making investment decisions.