E Factor Experiences IPO Complete Review With Fundamentals

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.

E Factor Experiences IPO

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.

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