Propshop Events & Exhibitions IPO
smelistedAbout the company
Propshop Events & Exhibition was registered in 2019 in Mumbai, Maharashtra. The company is involved in the trade show and exhibition booth solutions business, and it provides both custom and modular exhibitions, which include concept design, 3D visualisation, project management, logistics, supervision, fabrication, installation and dismantling. This firm's operations are present in several important markets, such as India, Dubai, the USA, the UK, Germany, and other countries, having more than 12 years of experience in event executions which include B2B and B2C events. The firm follows a two-way execution strategy, which includes outsourcing or subcontracting and in-house project execution. Though the services such as booth fabrication and others are mostly outsourced to subcontractors, this takes place under the company's direct supervision. The design and conceptualisation part is done in-house and in collaboration with others on a project-wise basis. Subcontracting for other firms is also taken up by the company. As of June 30, 2026, the company’s order book position stood at ₹13.57 crore, of which ₹6.07 crore was contributed by healthcare & cosmetics. The business has branched out to many industries, with building materials making up 30.73% of revenue followed by industrial machinery & equipment at 19.75% and healthcare and cosmetics at 14.87% in 11MFY26. International revenue has grown substantially from 0.61% in FY23 to 12.83% till February 28, 2026. Gujarat and Maharashtra contributed to over 58% of revenues in India.
GMP trend (Grey Market Premium by date)
| Date | GMP (₹) | Est. Listing | Change |
|---|---|---|---|
| 29 Jul | ₹0 | ₹69 | 0 |
| 28 Jul | ₹0 | ₹69 | 0 |
| 27 Jul | ₹0 | ₹69 | 0 |
| 26 Jul | ₹0 | ₹69 | 0 |
| 25 Jul | ₹0 | ₹69 | 0 |
| 24 Jul | ₹0 | ₹69 | 0 |
| 23 Jul | ₹0 | ₹69 | 0 |
| 22 Jul | ₹0 | ₹69 | 0 |
Strengths
- Established player in trade show and exhibition booth solutions with both custom-built and modular offerings.
- Asset-light business model helps maintain operational flexibility and capital efficiency.
- Strong revenue and profit growth, supported by healthy EBITDA and net profit margins in recent financials.
- Diversified client base across multiple industries, reducing dependence on a single sector.
- Experienced management team with expertise in exhibition design, fabrication, and turnkey project execution.
- Presence in domestic and international exhibition projects provides opportunities for future business expansion.
Risks
- Business is closely linked to corporate marketing and exhibition spending, which can slow during economic downturns.
- Revenue may depend on securing a continuous pipeline of event and exhibition projects.
- High competition from organized and regional exhibition service providers may impact pricing and margins.
- Delays or cancellations of exhibitions due to external events could affect financial performance.
- Customer concentration or dependence on key clients may impact revenue if major contracts are lost.
- As an SME IPO, the stock may witness lower liquidity and higher price volatility after listing.
Financial performance (₹ Cr)
Subscription breakup (final, times)
IPO Roadmap / Timeline
IPO Opens
Completed27 Jul 2026Bidding starts for all investor categories
IPO Closes
Completed29 Jul 2026Last day to place your bid
Basis of Allotment
Completed30 Jul 2026Share allotment finalised
Refund Initiation
Completed31 Jul 2026Refunds credited for non-allottees
Credit to Demat
Completed31 Jul 2026Allotted shares credited to demat account
Listing on Exchange
Completed03 Aug 2026Shares 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
| Investor Type | Min Lots | Min Shares | Min Amount | Max Lots | Max Amount | Notes |
|---|---|---|---|---|---|---|
| Retail / Individual | 1 | 2000 | ₹138,000 | 1 | ₹138,000 | 1 lot only |
| HNI | 2 | 4000 | ₹276,000 | 2 | ₹276,000 | Min 2 lots |
Shares reserved per category & allotment probability
| Category | Reservation | Shares Offered | Amount (₹ Cr) | Shares Bid | Subscribed | Allotment % |
|---|---|---|---|---|---|---|
| QIB | 50% | 2,164,179 | 14.5 | 0 | 0.00x | 100% |
| NII | 15% | 649,254 | 4.35 | 0 | 0.00x | 100% |
| Retail | 35% | 1,514,925 | 10.15 | 136,343 | 0.09x | 100% |
Retail is a lottery-based allotment when oversubscribed; QIB/NII get pro-rata. Probability ≈ 1 / subscription times (100% if under-subscribed).
