Open Date
27 Sep 2023
03 Oct 2023
1600 shares
₹25.92 Cr
Lot Size
IPO Size
Listing At
NSE SME
Listing Date
Price Range
₹71 to ₹75
Close Date
Allotment Date
06 Oct 2023
11 Oct 2023
E Factor Experiences Limited is an Indian event management business that was founded in 2003. 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, techno-cultural light and sound shows, sporting events and competitions, conferences, mega ground concerts, televised events, as well as private and social events like weddings and anniversaries.
The company intends to utilize the proceeds of the Issue to meet the following objectives: 1. Investment in Subsidiary. 2. To meet Working Capital requirements. 3. Repayment and/or pre-payment, in full or part, of certain borrowings availed by the Company. 4. General Corporate Purpose.
The book-running lead managers to the offer are: Hem Securities Limited
Disclaimer Investment/Trading in securities Market is subject to market risk, past performance is not a guarantee of future performance. The risk of loss in trading and investment in Securities markets including Equites and Derivatives can be substantial.