Last updated on October 9, 2023
E Factor Experiences IPO description – Incorporated in 2003, E Factor Experiences 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.
Its portfolio of services includes turnkey assignments in the form of Government Tourism Events and Festivals, techno-cultural light & sound shows, Sporting Events, and contests, Conferences, Mega Ground Concerts, Televised Events, private and social events like wedding and anniversary celebrations, etc.
The Sky Waltz team consists of commercial pilots, trained operational staff, and equipment sourced from international vendors to maintain standards of safety and operating procedures. The permanent Balloon Safari operation is currently commercially active in Jaipur, and it is planning to expand hot air balloon activities in other parts of the country in the near future. Apart from regular commercial flying, the company participates in various ballooning festivals at places like Agra, Varanasi, Mandu Festival, Araku Festival, and many more.
Promoters of E Factor Experiences – Jai Thakore, Samit Garg, Aruna Garg and Manika Garg
Table of Contents
E Factor Experiences IPO Details
| E Factor Experiences IPO Dates | 27 Sep – 3 Oct 2023 |
| E Factor Experiences IPO Price | INR 71 – 75 per share |
| Fresh issue | 34,56,000 shares INR 24.54 – 25.92 crore |
| Offer For Sale | NIL |
| Total IPO size | 34,56,000 shares INR 24.54 – 25.92 crore |
| Minimum bid (lot size) | 1,600 shares INR 120,000 |
| Face Value | INR 10 per share |
| Retail Allocation | 35% |
| Listing On | NSE SME |
E Factor Experiences Financial Performance
| Â | FY 2021 | FY 2022 | FY 2023 |
| Revenue | 6.22 | 56.62 | 119.26 |
| Expenses | 8.64 | 53.53 | 109.08 |
| Net income | 1.23 | 2.53 | 7.53 |
E Factor Experiences Offer News
- E Factor Experiences RHP
- E Factor Experiences Draft Prospectus
- ASBA IPO Forms
- Live IPO Subscription Status
- IPO Allotment Status
E Factor Experiences Valuations & Margins
| FY 2021 | FY 2022 | FY 2023 | |
| EPS | 1.28 | 2.65 | 7.82 |
| PE ratio | – | – | 9.08 – 9.59 |
| RONW (%) | 127.26 | 72.49 | 68.35 |
| NAV | 1.01 | 3.63 | 11.44 |
| ROCE (%) | (20.00) | 37.67 | 54.85 |
| EBITDA (%) | (18.50) | 7.43 | 10.50 |
| Debt/Equity | 7.05 | 1.69 | 0.83 |
E Factor Experiences IPO GMP Today
| Date | Consolidated IPO GMP | Kostak | Subject to Sauda |
| 7 October 2023 | 30 | – | 40,000 |
| 6 October 2023 | 27 | – | 37,000 |
| 5 October 2023 | 20 | – | 26,000 |
| 4 October 2023 | 15 | – | 19,500 |
| 3 October 2023 | 10 | – | 14,000 |
| 2 October 2023 | 12 | – | 15,000 |
| 30 September 2023 | 15 | – | 17,000 |
| 29 September 2023 | 20 | – | 22,000 |
| 28 September 2023 | 15 | – | 19,500 |
| 27 September 2023 | 15 | – | – |
E Factor Experiences IPO Subscription – Live Updates
| Category | QIB | NII | Retail | Total |
|---|---|---|---|---|
| Shares Offered | 656,000 | 667,200 | 1,148,800 | 2,472,000 |
| 3 Oct 2023 | 46.09 | 124.54 | 47.78 | 68.05 |
| 29 Sep 2023 | 7.00 | 2.47 | 2.68 | 3.77 |
| 28 Sep 2023 | 1.00 | 2.20 | 1.61 | 1.61 |
| 27 Sep 2023 | 1.00 | 1.93 | 0.53 | 1.03 |
E Factor Experiences IPO Allotment Status
E Factor Experiences IPO allotment status is now available on the Maashitla Securities website. Click on Maashitla Securities IPO weblink to get allotment status.
E Factor Experiences IPO Dates & Listing Performance
| IPO Opening Date | 27 September 2023 |
| IPO Closing Date | 3 October 2023 |
| Finalization of Basis of Allotment | 5 October 2023 |
| Initiation of refunds | 6 October 2023 |
| Transfer of shares to demat accounts | 9 October 2023 |
| IPO Listing Date | 9 October 2023 |
| Opening Price on NSE SME | INR 115 per share (up 53.33%) |
| Closing Price on NSE SME | INR 120.75 per share (up 61%) |
E Factor Experiences Offer Lead Manager
HEM SECURITIES LIMITED
904, A Wing, Naman Midtown, Senapati Bapat Marg,
Elphinstone Road, Lower Parel, Mumbai-400013, Maharashtra
Phone: +91- 022- 49060000
Email:Â [email protected]
Website:Â www.hemsecurities.com
E Factor Experiences Offer Registrar
MAASHITLA SECURITIES PRIVATE LIMITED
451, Krishna Apra Business Square,
Netaji Subhash Place, Pitampura, Delhi – 110034
Phone:Â 011-45121795
Email:Â [email protected]
Website:Â www.maashitla.com
E Factor Experiences Contact Details
E FACTOR EXPERIENCES LIMITED
Plot No. A-49, Sec 67, Gautam Budh Nagar,
Noida-201301, Uttar Pradesh, India
Phone: +91-120-3100184
E-mail: [email protected]
Website: www.efactor4u.com
IPO FAQs
What is E Factor Experiences IPO offer size?
E Factor Experiences offer size is INR INR 24.54 – 25.92 crores.
What is the E Factor Experiences offer price band?
E Factor Experiences public offer price is INR 71 – 75 per share.
What is the lot size of E Factor Experiences public offer?
E Factor Experiencest offer lot size is 1,600 shares.
What is E Factor Experiences IPO GMP today?
E Factor Experiences IPO GMP today is INR 30 per share.
What is the E Factor Experiences kostak rate today?
E Factor Experiences kostak rate today is INR NA per application.
What is E Factor Experiences Subject to Sauda rate today?
E Factor Experiences Subject to Sauda rate today is INR 40,000 per application.
