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E Factor Experiences Limited

E Factor Experiences Limited

smelisted
Registrar: Maashitla Securities Private Limited · Listing 2023-10-09
IPO Timeline
Today · 20 Oct 2026
Opens
27 Sept 2023
Closes
03 Oct 2023
Allotment
29 Sept 2023
Refund
09 Oct 2023
Demat
06 Oct 2023
Listing
09 Oct 2023
Price Band
₹71–75
GMP
₹0
0%
Lot Size
1600 Shares
Min ₹120,000
Subscription
0x
Issue Size
₹25.92 Cr
Open
2023-09-27
Close
2023-10-03
Listing
2023-10-09

About the company

## **About the E Factor Experiences Limited IPO :** Incorporated in 2003, E Factor Experiences Limited is an award-winning Indian event management company engaged in providing the consumers and community with event experiences, event services, technology based permanent & semi-permanent multimedia light & sound installations and specialized turnkey event assignments, wedding management, private and social event solutions. Their portfolio includes government-commissioned tourism events, cultural light and sound shows, sporting events, conferences, mega ground concerts, televised events, and private celebrations. The company prides itself on delivering high-quality events that create memorable experiences for their audiences. They also operate an experiential tourism brand called "Sky Waltz," which specialises in hot air ballooning and yachting activities in multiple locations across India. Their subsidiary, Sky Waltz, is a government-approved commercial hot air balloon operator and has a fleet of 2 yachts and 11 hot air balloons. Additionally, the company has acquired a stake in Untamed Leisure and Hospitality Private Limited, an associate company engaged in event management, hospitality services, and leisure and entertainment activities. The company has grown from its New Delhi office to establish a presence in different parts of India, with offices in Delhi, Noida, Jaipur, and Odisha. Now, E Factor Experiences Limited is coming out with its initial public offer (IPO).The Company intends to utilise the proceeds of the Issue to meet the following objects:  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 our Company  4. General Corporate Purpose ## **Here are key details about the E Factor Experiences Limited IPO :** Company Name| E Factor Experiences Limited    |  | Company Type| Private ---|---|---|---|--- IPO Type|SME|

Strengths

    Risks

      Financial performance (₹ Cr)

      IPO Roadmap / Timeline

      Current Status · as of 20 Oct 2026
      Listed
      Listed on 09 Oct 2023
      Listed 1107 days ago
      1. IPO Opens

        Completed
        27 Sept 2023

        Bidding starts for all investor categories

      2. IPO Closes

        Completed
        03 Oct 2023

        Last day to place your bid

      3. Basis of Allotment

        Completed
        29 Sept 2023

        Share allotment finalised

      4. Refund Initiation

        Completed
        09 Oct 2023

        Refunds credited for non-allottees

      5. Credit to Demat

        Completed
        06 Oct 2023

        Allotted shares credited to demat account

      6. Listing on Exchange

        Completed
        09 Oct 2023

        Shares list on NSE / BSE

      Post-close dates are indicative as per SEBI T+3 listing framework and may change per registrar updates.

      Lot size & minimum investment

      Lot Size
      1600 shares
      Price / Share (upper)
      ₹75
      Min Investment (1 lot)
      ₹120,000
      Price Band
      ₹71–75
      Retail / Individual
      1 lot only
      Min lots
      1
      Min shares
      1600
      Min amount
      ₹120,000
      Max amount
      ₹120,000
      HNI
      Min 2 lots
      Min lots
      2
      Min shares
      3200
      Min amount
      ₹240,000
      Max amount
      ₹240,000

      Shares reserved per category & allotment probability

      QIB
      100% allotment
      Reservation
      50%
      Amount
      ₹12.96 Cr
      Shares offered
      1,775,343
      Shares bid
      0
      Subscribed
      0.00x
      NII
      100% allotment
      Reservation
      15%
      Amount
      ₹3.89 Cr
      Shares offered
      532,603
      Shares bid
      0
      Subscribed
      0.00x
      Retail
      100% allotment
      Reservation
      35%
      Amount
      ₹9.07 Cr
      Shares offered
      1,242,740
      Shares bid
      0
      Subscribed
      0.00x

      Retail is a lottery-based allotment when oversubscribed; QIB/NII get pro-rata. Probability ≈ 1 / subscription times (100% if under-subscribed).