Propshop Events & Exhibitions Ltd is aiming to raise ₹28.57 crore through its IPO, which opens for bidding today, Jul 27, 2026. The public issue will remain open for subscription until Jul 29, 2026.
Propshop Events & Exhibitions IPO Detailed Insights
- IPO Type: SME IPO
- Issue Size: ₹28.57 crore
- Fresh Issue: 33,40,000 equity shares worth ₹23.05 crore
- Offer for Sale: 8,00,000 equity shares worth ₹5.52 crore
- Price Band : ₹65 to ₹69 per share
Issue Allocation
Out of 41,40,000 total shares offered, 2,16,000 shares are reserved for market maker 15,36,000 shares are allocated to Retail Individual Investors (RIIs), 12,06,000 shares to Non-Institutional Investors (NIIs) and 11,82,000 shares to Qualified Institutional Buyers (QIBs).
Issue Price and Lot Size
The book-built issue is priced in the range of ₹65 to ₹69 per share The minimum lot size for an application is 2,000 shares.
Investors applying under the Retail Individual Investor (RII) category are required to make a minimum investment of ₹2,76,000 while Non-Institutional Investors (NIIs) must invest atleast ₹4,14,000.
IPO Fund Utilization
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding working capital requirements of the Company | 16.62 |
| Total | 16.62 |
IPO Management and Listing
The IPO is managed by Unistone Capital Pvt.Ltd., as the Book Running Lead Manager while MUFG Intime India Pvt.Ltd. has been appointed as the official Registrar for the issue.
