Propshop Events And Exhibitions IPO

About Propshop Events and Exhibitions IPO

The Propshop Events and Exhibitions IPO, an SME IPO, opens on Monday, July 27, 2026 and closes on Wednesday, July 29, 2026. The allotment of shares will take place on Thursday, July 30, 2026. The credit of shares to the demat account will take place on Friday, July 31, 2026. The initiation of refunds will take place on Friday, July 31, 2026. The listing of shares will take place on Monday, August 3, 2026.

The equity shares of the company are proposed to be listed on the NSE SME platform. The offer consists of both a fresh issue and an offer for sale component. The fresh issue will include 33,40,000 shares. The offer for sale portion includes 8,00,000 shares. The total number of shares and aggregate amount are 41,40,000 shares aggregating up to ₹28.57 crores.

Propshop Events and Exhibitions IPO's price band is set at ₹65 to ₹69 per share. The lot size for an application is 2,000 shares. The minimum amount of investment required by a retail investor is ₹2,76,000 (4,000 shares) (based on upper price). The lot size investment required by sNII is 3 lots (6,000 shares), amounting to ₹4,14,000, and for bNII, it is 8 lots (16,000 shares), amounting to ₹11,04,000.

Propshop Events and Exhibitions is engaged in trade show and exhibition booth solutions, offering both custom-built and modular exhibition options. Its services span concept design, 3D visualisation, project management, logistics, on-site supervision, fabrication, installation, and post-event dismantling support.

Objectives of Propshop Events and Exhibitions IPO

• Funding working capital requirements of the company.
  
• General corporate purposes.
  

Industry Outlook

Propshop operates in the MICE sector—Meetings, Incentives, Conferences, and Exhibitions. It is a high-value segment of the business travel and tourism ecosystem. According to the Ministry of Tourism and FICCI, India's MICE market generated revenue of USD 49.4 billion in CY 2024. It is projected to more than double, reaching USD 103.7 billion by CY 2030.

India's MICE industry is projected to grow at a CAGR of 13% between CY 2024 and CY 2030. This growth is supported by macroeconomic stability, rising business travel, and government-backed initiatives. New MICE-ready destinations such as Varanasi, Khajuraho, and Kochi are being developed to expand the industry's footprint beyond metro cities.

Supporting infrastructure has expanded significantly. India now has more than 150 operational airports, a hotel inventory exceeding 2.48 million rooms, and over 150,000 km of roads built over the past decade. This infrastructure build-out positions companies with structured, multi-country execution capabilities to benefit from the sector's growth.

About Propshop Events and Exhibitions

Propshop Events and Exhibitions was incorporated in 2019. It provides custom-built and modular exhibition booth solutions. The company handles design and conceptualisation in-house while outsourcing booth fabrication under its own supervision. It brings over 12 years of experience executing both B2B and B2C-focused events across global exhibition hubs, including the United States, the United Kingdom, Dubai, Germany, Spain, and Singapore.

In FY25, the company served 313 clients across 22 sectors and 17 international markets. It participated in 163 trade shows and exhibitions during the year. Client industries include industrial machinery and equipment, building materials, furnishing and décor, chemicals, media and entertainment, healthcare and cosmetics, and food and beverages. This diversified client base reduces dependence on any single sector.

Strengths of Propshop Events and Exhibitions

• Provides end-to-end solutions across events, infrastructure, media, hospitality, healthcare, and trade.
• Designs and executes modular and permanent event structures through its in-house infrastructure capabilities.
• Has operations in India, the UAE, Switzerland, Thailand, and Hong Kong, with a marketing presence in over 50 countries.
• Owns and manages the Messe Global Convention Centre in Pune for hosting a wide range of events.
• Operates a diversified business portfolio spanning MEP, solar energy, FMCG, real estate, and healthcare infrastructure.

Risks of Propshop Events and Exhibitions

• A significant share of domestic sales comes from western India, making the business vulnerable to regional economic downturns.
• Dependence on third-party subcontractors for booth fabrication could affect project delivery if they face delays or quality issues.
• Negative operating cash flow could impact the Company's ability to fund its day-to-day operations.
• High working capital requirements and delays in customer payments could put pressure on liquidity.
• Operations could be disrupted if the leases for the registered office and godown facilities are not renewed.
• Revocation of promoters' personal guarantees for certain debt facilities could affect the Company's access to financing.

Anchor Investor Bidding Date

Anchor Investor Bidding Date: Friday, July 24, 2026

IPO Registrar
MUFG Intime India Private Limited
Telephone: +91 810 811 4949
E-mail: propshopevents.smeipo@in.mpms.mufg.com

Book Running Lead Manager
Unistone Capital Private Limited

Propshop Events and Exhibitions Contact Details
18E AC Shed, Plot No. 837, TPS 3, Mori Road, Mahim West,
Mahim, Mumbai - 400016, Maharashtra, India.
Phone: 022-24440237
Email: secretarialcompliance@thepropshop.co.in

Propshop Events and Exhibitions Business Model

The company generates revenue by designing, fabricating, and delivering custom-built and modular exhibition booths for trade shows and exhibitions. It manages concept design and 3D visualisation in-house while outsourcing fabrication under its supervision. Revenue is earned from B2B and B2C events across domestic and international markets, as well as subcontracted projects for other firms. Its diversified client base across industries and geographies helps reduce dependence on any single market or customer segment.

Propshop Events and Exhibitions Growth Trajectory

Propshop Events and Exhibitions Limited reported Total Income of ₹51.59 crores in FY25, compared with ₹30.57 crores in FY24 and ₹25.93 crores in FY23.

The company's Profit After Tax (PAT) increased to ₹6.32 crores in FY25 from ₹2.19 crores in FY24 and ₹0.97 crores in FY23.

EBITDA stood at ₹8.55 crores in FY25, compared with ₹2.95 crores in FY24 and ₹1.28 crores in FY23.

Propshop Events and Exhibitions Market Position

Propshop Events and Exhibitions operates across 17 international markets and 22 sectors, serving 313 clients in FY25. Its hybrid delivery model combines in-house fabrication, warehousing, and project management with a curated network of local teams in the US, UK, Dubai, Germany, Singapore, and Spain. The company delivered 381 booths globally in FY25 and works with 36 active subcontractors across domestic and international markets.

As of 31 March 2025, the company's Total Income, Profit After Tax, and EBITDA were ₹51.59 crores, ₹6.32 crores, and ₹8.55 crores, respectively.

How to apply for Propshop Events and Exhibitions IPO?

• Step 1: Log in to your Kotak Neo Demat account to access IPO investments. Next, select the current IPO section.
• Step 2: Specify IPO details. Enter the number of lots and the price you wish to apply for.
• Step 3: Enter UPI ID. After entering your UPI ID, click submit. This will place your bid with the exchange.
• Step 4: Mandate Notification. Your UPI app will receive a mandate notification to block funds.
• Step 5: Approve Request. Your funds will be blocked once you approve the mandate request on your UPI.