E Factor Experiences Limited is an Indian event management company is engaged in providing event experiences, event services, technology-based permanent & semi-permanent multimedia light & sound installations and specialized turnkey event assignments, wedding management, and private and social event solutions.
E Factor Experiences Limited’s portfolio of services includes turnkey assignments in the form of Government commissioned Tourism Events and Festivals, techno-cultural light & sound shows, Sporting Events & Contests, Conferences, Mega Ground Concerts, Televised Events, private and social events like wedding and anniversary celebrations etc.
E Factor Experiences Limited entered into a permanent and sustained business with its experiential tourism brand, “Sky Waltz” owned by the Subsidiary company namely E-Factor Adventure Tourism Private Limited. Skywaltz is engaged in the business of managing and operating hot air ballooning and yachting activities in multiple locations in India and has been a government-approved commercial hot air balloon operator for the last 12 years.
The company also has acquired a 46.33% stake in Untamed Leisure and Hospitality Private Limited (formerly known as E Factor Leisure and Hospitality Private Limited) making this company the Associate company, which is engaged in the business of event management and hospitality services and other related activities of leisure and entertainment.
E Factor Experiences Limited offices in Delhi, Noida, Jaipur and Odisha. The company manpower is a prudent mix of the experienced employees of 32 team members.
E Factor Experiences Limited has managed events like Eco Retreat, Odisha, DotFest, Bhubaneswar, Laser Show & Fireworks at Deepotsav, Kashi Balloon & Boat Race, Baba Saheb – The Grand Musical show on life & teaching of Baba Saheb Ambedkar and many more.
E Factor Experiences IPO – Details
| IPO Opening Date | 27 September 2023 |
| IPO Closing Date | 03 October 2023 |
| Issue Type | Book Built Issue IPO |
| Issue Size | 3,456,000 Shares Worth ₹25.92 Crore Fresh Issue: 3,456,000 Shares Worth ₹25.92 Crore |
| Face Value | ₹10 per equity share |
| IPO Price | ₹71 – ₹75 |
| Market Lot | 1600 Shares |
| Min Order | 1600 Shares (1 Lot) |
| Listing At | NSE SME |
| Register | Maashitla Securities Private Limited |
| QIB Shares Offered | 50% |
| NII (HNI) Shares Offered | 15% |
| Retail Shares Offered | 35% |
E Factor Experiences IPO – Date Schedule
| IPO Open Date | 27 September 2023 |
| IPO Close Date | 03 October 2023 |
| Basis of Allotment | 06 October 2023 |
| Initiation of Refund | 09 October 2023 |
| Credit of Shares to Demat Account | 10 October 2023 |
| IPO Listing Date | 11 October 2023 |
| Cut-off time for UPI mandate confirmation | 5 PM on Oct 03, 2023 |
E Factor Experiences IPO – Lots Size & Price
| Application | Lots | Shares | Amount ( Cut-Off) |
| Retail (Minimum) | 1 | 1600 | 1,20,000 |
| Retail (Maximum) | 1 | 1600 | 1,20,000 |
| HNI (Minimum) | 2 | 3200 | 2,40,000 |
Competitive Strengths
- One stop solution to all event needs.
- Established track record.
- Established relationship with hospitality & event partners.
- Established relationship with local City /State government bodies.
- Experienced promoters and management team.
Company Promoters
- Jai Thakore
- Samit Garg
- Aruna Garg
- Manika Garg
Object Of The Issue
- Investment in Subsidiary.
- Funding working capital requirements.
- Repayment and/or pre-payment, in full or part, of certain borrowings availed by the Company.
- General corporate purposes.
Company Financial
| Particulars | Total Revenue | Total Expense | Profit After Tax | Total Borrowing |
|---|---|---|---|---|
| 31 March 2021 | 9.91 | 8.64 | 1.23 | 6.83 |
| 31 March 2022 | 57.00 | 53.53 | 2.53 | 5.91 |
| 31 March 2023 | 119.45 | 109.08 | 7.61 | 9.13 |
Key Performance Indicator
| KPI | Values |
|---|---|
| P/E (x) | 9.59 |
| Market Cap | 98.16 Crore |
| ROE | 103.79 |
| ROCE | 54.85 |
| Debt/Equity | 0.83 |
| EPS (Rs) | 7.82 |
| RoNW | 68.35 |
E Factor Experiences IPO Promoter Holding
| Pre Issue Share Holding | 100.00% |
| Post Issue Share Holding | 73.59% |
E Factor Experiences IPO Prospectus
Company Contact Information
| E Factor Experiences Limited 101-A, Kundan Kutir Hari Nagar Ashram New Delhi110014, India Phone: +91-120-3100184 Email: cs@efactorexp.com Website: http://www.efactor4u.com/ |
E Factor Experiences IPO Registrar
| Maashitla Securities Private Limited Phone: +91-11-45121795-96 Email: ipo@maashitla.com Website: https://maashitla.com/allotment-status/public-issues |
E Factor Experiences IPO Lead Manager(s)
| 1. Hem Securities Limited |
E Factor Experiences IPO FAQs
| What is E Factor Experiences IPO? E Factor Experiences IPO is a SME IPO. The issue is priced at ₹71 – ₹75 per equity share. The IPO is to be listed on NSE SME. |
| When E Factor Experiences IPO will open? The IPO is to open on 27 September 2023 for QIB – 50%, NII – 15% and Retail – 35% Investors. |
| How to E Factor Experiences IPO? You can apply E Factor Experiences IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form. |
| How to Apply the E Factor Experiences IPO through 5 Paisa? Log in to 5 Paisa Application with your credentials. Select the IPO. You will see the IPO Name “E Factor Experiences”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with 5 Paisa. |
| How to Apply the E Factor Experiences IPO through Edelweiss? Log in to Angle One Application with your credentials. Select the IPO. You will see the IPO Name “E Factor Experiences”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Edelweiss. |
| What is E Factor Experiences IPO Size? E Factor Experiences IPO size is ₹25.92 crores. |
| What is E Factor Experiences IPO Price Band? E Factor Experiences IPO Price Band is ₹71 – ₹75. |
| What is E Factor Experiences IPO Minimum and Maximum Lot Size? The minimum bid is 1600 Shares with ₹1,20,000 amount while the maximum bid is 1600 shares with ₹1,20,000. |
| What is the E Factor Experiences IPO Allotment Date? E Factor Experiences IPO allotment date is 06 October 2023. |
| What is the E Factor Experiences IPO Listing Date? E Factor Experiences IPO listing date is 11 October 2023. The IPO is to list on NSE SME. |
