India Exposition Mart Ltd. IPO Details
India Exposition Mart was incorporated on April 12, 2001. The company is among India’s top four exhibition and convention venues by total area, providing infrastructure for exhibitions, trade shows, conferences and business events. It was established to develop dedicated exhibition facilities in India and support businesses, including exporters, in showcasing products to international buyers
| Bidding Dates |
|---|
| To Be Announced |
| Minimum Investment | Minimum Lot | Maximum Lot | Lot Size | Number of Shares | Issue Price Band | Post Issue Promoter Holding % | Issue Size | IPO Document |
|---|---|---|---|---|---|---|---|---|
| - | - | - | - | 30.2 M | - | - | ₹0.0 M | DRHP DOC |
India Exposition Mart issue details
India Exposition Mart has 30.2 M shares on offer
| Day | Retail Individual Investor | HNI (NII) Investors | Qualified Institutional Buyers |
|---|---|---|---|
| Category Reservation | 35% | 15% | 50% |
India Exposition Mart IMPORTANT IPO DATES
| Issue Open Date | - |
| Issue close Date | - |
| Allotment Date | - |
| Refund Date | - |
| Demat Account Credit Date | - |
| Listing Date | - |
| Listing on Exchange(s) | NSE and BSE |
India Exposition Mart NUMBER OF SHARES ON OFFER
India Exposition Mart FINANCIALS
| Period | Net Profit (Rs in millions) | Revenue from operations (Rs in millions) | Cash Flow from operations (Rs in millions) | Free Cash flow (Rs in millions) | Margins |
| H1FY22 | -53.3 | 106.6 | 10.2 | -71.5 | -23.8% |
| FY21 | -164.6 | 133.0 | 29.7 | -133.9 | -100.7% |
| FY20 | 449.0 | 1,544.1 | 504.4 | 134.2 | 42.6% |
| FY19 | 296.3 | 1,226.0 | 430.3 | 404.4 | 39.7% |
India Exposition Mart INFORMATION ON IPO ISSUE
About India Exposition Mart
India Exposition Mart was incorporated on April 12, 2001. The company is among India’s top four exhibition and convention venues by total area, providing infrastructure for exhibitions, trade shows, conferences and business events. It was established to develop dedicated exhibition facilities in India and support businesses, including exporters, in showcasing products to international buyers
Object of the Issue
- Funding capital expenditure requirements of the company for upgradation of air handling units, chillers, cooling towers, lifts and escalators, variable frequency drives and other ancillary works at India Expo Centre and Mart
- Funding capital expenditure requirements of the company for renovation of exhibition hall 4 and exhibition hall 6, and build-up of exhibition hall 18, at India Expo Centre and Mart
- General corporate purposes
India Exposition Mart - PROMOTERS
| Name |
|---|
| Vectra Investments Private Limited |
India Exposition Mart - MANAGEMENT & LEADERSHIP
| Name | Designation |
|---|---|
| Rakesh Kumar Sharma | Executive Chairman |
| Ravinder Kumar Passi | Non-Executive Director |
| Sudhir Kumar Tyagi | Non-Executive Director |
| Raj Kumar Malhotra | Non-Executive Director |
| Mukesh Kumar Gupta | Non-Executive Director |
| Prerna Singh | Non-Executive Director |
| Sunil Sikka | Non-Executive Director |
| Birendra Kumar Bengani | Non-Executive Independent Director |
| Afeef Ur Rehman | Non-Executive Independent Director |
| Girish Kumar Agarwal | Non-Executive Independent Director |
| Rakesh Kumar Verma | Non-Executive Independent Director |
| Rahul Vadera | Non-Executive Independent Director |
| Surender Kumar Goel | Non-Executive Independent Director |
| Rakesh Kumar Srivastava | Additional Non-Executive Independent Director |
India Exposition Mart Book Running Lead Manager
Choice Capital Advisors Private Limited
ieml.ipo@choiceindia.com
India Exposition Mart Registrar to the Offer
KFin Technologies Limited
indiaexposition.ipo@kfintech.com
India Exposition Mart Strengths
Diversified & integrated business model
The company has nearly two decades of MICE industry experience and offers integrated services across event management, venues, intellectual property, hospitality, export supply chain and maintenance. Its diversified capabilities and own IP events across multiple sectors and locations help expand revenue opportunities and reduce dependence on any single event or venue
Diversified revenue streams
The company generates revenue through six business verticals, including third-party and managed events, own IP events, hospitality, export supply chain and maintenance services. It organised 44, 51 and 61 events in FY26, FY25 and FY24, respectively, while its end-to-end offerings help drive repeat business and long-term customer relationships
Proprietary & scalable technology
The company has introduced a web-based platform that digitises exhibitor and visitor registration, stall booking, payments and event management, while providing real-time data for pricing, marketing and capacity planning. It plans to expand the platform across its Own IP and Managed Events, improving customer experience, reducing manual processes and strengthening operational efficiency
Integrated infrastructure
The company operates the major integrated “India Expo Centre and Mart” in Greater Noida, Uttar Pradesh, offering strong connectivity to rail, metro, airports and hospitality facilities. The leasehold property spans approximately 230,437 square metres and includes indoor, outdoor and other exhibition areas, with 17 multi-purpose halls
India Exposition Mart Risks
Seasonal business
The company’s revenue is seasonal and depends heavily on its event calendar, with biennial or triennial events causing fluctuations in event and hospitality income. Lower event activity can compress margins and cash flows due to largely fixed costs, although Own-IP events and other business verticals help reduce this seasonality
Competition
The company faces competition from exhibition venues, event organisers, hotels and government-supported facilities, which could pressure pricing, event volumes and market share. New competing capacity may also increase the need for infrastructure investments, while the company competes through venue scale, location, connectivity, services, hospitality and industry relationships
Brand reputation risks
The company faces risks from accidents, injuries, fires, crowd incidents, property damage and security events during large exhibitions and conventions. Despite security and safety measures, any serious incident could result in legal claims, regulatory action, reputational damage and difficulty attracting future events
Operational risks
The company faces risks from fraud, theft, embezzlement or negligence by employees, contractors, organisers or dealers, which could result in financial and data losses. Despite security controls, audits and surveillance, such incidents could lead to regulatory action, litigation, reputational damage and adverse financial impact
IPO FAQs
The promoter of the company is Vectra Investments Private Limited.
The category allocation of qualified institutional buyers is 50.0%, the category allocation of non individual investors or high networth individuals is 15.0% and for retail investors it is 35.0%.