E Factor Experiences Limited

Company Profile
Company Name E Factor Experiences Limited
Open Date 27-09-2023
Close Date 03-10-2023
Exchange NSE SME
Lot Size 1600 Shares
Issue Price ₹71 to ₹75 per share
Issue Size 3,456,000 shares
Application Amount ₹ 1,20,000
Recommendation Apply
Incorporated in 2003, E Factor Experiences Ltd 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. Company’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. As on the date of prospectus, the company had 32 employees on its payroll.
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Summary of Financials (All financials in Lakh)

For the Period Ended Mar-21 Mar-22 Mar-23
Total Assets 2,581.92 4,916.87 5,674.80
Net Assets 96.96 349.36 1,101.67
Total Borrowings 683.23 590.95 912.74
Total Revenue 990.55 5,700.24 11,945.21
Profit After Tax 123.39 253.26 761.34

Tentative Timeline

Opening Date 27-09-2023
Closing Date 03-10-2023
Basis of Allotment 06-10-2023
Initiation of Refunds 09-10-2023
Credit of Shares to Demat 10-10-2023
Listing Date 11-10-2023

Objects of the Issue

Investment in Subsidiary.
To meet Working Capital requirements.
Repayment and/or pre-payment, in full or part, of certain borrowings availed by the Company.
General corporate purposes.

Contact Information

Registered Office E Factor Experiences Limited- 101-A, Kundan Kutir Hari Nagar Ashram, New Delhi - 110014, India
Phone +91-120-3100184
Email cs@efactorexp.com
Website http://www.efactor4u.com/

Registrar Details

Name Maashitla Securities Private Limited
Phone +91-11-45121795-96
Email ipo@maashitla.com
Website https://maashitla.com/allotment-status/public-issues

IPO Reservation

QIB Shares Offered Not more than 50% of the Net Issue
NII (HNI) Shares Offered Not less than 15% of the Net Issue
Retail Shares Offered Not less than 35% of the Net Issue

Shareholding Pattern

Share Holding Pre Issue (Promoters) 100.00%
Share Holding Post Issue (Promoters) 73.59%

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