E Factor Experiences IPO Complete Review With Fundamentals: The book-built IPO for E Factor Experiences is worth Rs 25.92 crores. The entire 34.56 lakh share offering is a new issue. The pricing range for E Factor Experiences Limited IPO is set at 71 to 75 cents per share. The standard minimum lot size for an application is 1600 shares. Investments from retail investors must be at least $120,000. For HNI, two lots (3,200 shares) are the required minimum investment, which costs Rs. 240,000.
The subscription period for the E Factor Experiences IPO begins on September 27, 2023 and ends on October 3, 2023. On Friday, October 6, 2023, the allotment for the IPO of E Factor Experiences is anticipated to be completed. The projected offering date for E Factor Experience’s IPO, which will list on NSE SME, is set for Wednesday, October 11, 2023.
The registrar for the E Factor Experiences IPO is Maashitla Securities Private Limited, and the book running lead manager is Hem Securities Limited. Hem Finlease is the market maker for the E Factor Experiences IPO.
E Factor Experiences IPO Overview
| E Factor Experiences Limited Company Overview | |
|---|---|
| Company Name | E Factor Experiences Limited |
| IPO Opening Date | 27 September, 2023 |
| IPO Closing Date | 03 October, 2023 |
| Face Value | 10₹ Per Share |
| Share Price Range | 71₹ To 75₹ |
| Lot Size | 1600 Shares |
| GMP | Check Here |
| Issue Type | Book Built Issue IPO |
| Total IPO Issue Size | 3,456,000 Shares |
| Fresh Issue Size | 3,456,000 Shares |
| IPO Listing At | NSE SME |
| Share Holding Pre Issue | 9,632,098 |
| Share Holding Post Issue | 13,088,098 |
| More IPO’s | Check Here |
E Factor Experiences IPO Lot Size
| E Factor Experiences Limited IPO Lot Size | |
|---|---|
| Minimum Retail Applications | 01 Lot |
| Maximum Retail Applications | 01 Lot |
| Minimum HNI Applications | 02 Lots |
| Total Shares In Single Lot | 1600 Shares |
| Amount For Single Lot | ₹120,000 |
E Factor Experiences IPO Time Table (Tentative)
| E Factor Experiences Limited IPO Time Table Complete Details | |
|---|---|
| IPO Initiation Date | 27 September, 2023 |
| IPO Ending Date | 03 October, 2023 |
| Basis Of Allotment | 06 October, 2023 |
| Initiation Of Refund | 09 October, 2023 |
| Shares Credit To Demat Account | 10 October, 2023 |
| Date Of Listing | 11 October, 2023 |
| Cut Off Time For UPI Mandate Confirmation | 05:00 PM, 27 September, 2023 |
E Factor Experiences IPO Reservation Details
| E Factor Experiences Limited IPO Reservation Overview | |
|---|---|
| Shares Offered To Retailers | Not Less Than 35% Of Net Offer |
| Shares Offered To HNI | Not Less Than 15% Of Net Offer |
| Shares Offered To QIB | Not More Than 50% Of Net Offer |
E Factor Experiences Company Financials
| E Factor Experiences Limited Company Financials Information | |
|---|---|
| This Data Is Of | 31 March, 2023 |
| Total Revenue | 11,945.21 Cr |
| Assets | 5,674.80 Cr |
| Profit After Tax | 761.35 Cr |
| Net Worth | 1,101.67 Cr |
| Reserves And Surplus | 138.46 Cr |
| Debt | 912.74 Cr |
E Factor Experiences Promoters Holding
| Share Holding Pre Issue | 99.99% |
| Share Holding Post Issue | 73.59% |
E Factor Experiences Key Performance Indicators
| E Factor Experiences Limited Key Performance Indicators | |
|---|---|
| KPI | Values |
| P/E (X) | 9.59 |
| EPS | 7.82 |
| ROE | 103.79% |
| ROCE | 54.85% |
| RoNW | 68.35% |
Is E Factor Experiences IPO Good Or Bad To Buy?
The company operates in a highly competitive and fragmented market and provides services linked to event management, such as travel, concerts, etc. It recorded a savage performance throughout the previous three fiscal years. Based on FY23 results, it appears that the issue is fully priced. Investors who are knowledgeable may set money aside for medium- to long-term gains.
What Is The Future Of E Factor Experiences Stock?
The business specializes in turnkey event assignments, wedding management, private and social event solutions, technology-based permanent & semi-permanent multimedia light & sound installations, and event experiences. The portfolio of services offered by E Factor Experiences Limited includes :-
- Turnkey projects for government tourism events and festivals.
- Social events like weddings and anniversaries.
- Techno-cultural light and sound shows.
- Televised events, as well as private.
- Sporting events and competitions.
- Mega ground concerts.
- Conferences.
What Is The Objective Of E Factor Experiences IPO Issue?
Main objectives for E Factor Experiences IPO are :-
- Repayment and/or prepayment of certain borrowings accessed by the Company, in whole or in part.
- Spending on a subsidiary.
- To fulfill the needs for working capital.
- Broader corporate objectives.
How To Apply For E Factor Experiences IPO?
- Visit the website of your broker and log in.
- Click the IPOs link under Portfolio.
- Click the ‘Bid’ button under the ‘E Factor Experiences IPO’ row.
- Enter the Price, Quantity, and UPI ID.
- “Submit” your IPO application.
- Now Make Your Payment.