E Factor Experiences Limited IPO
i. 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. Their 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.
ii. The company takes pride in organizing and curating various turnkey events and experiences like “The Pushkar Fair” in the year 2015-19, converting the traditional Snake-Boat Races into league format in the year 2019, creating a beach destination with our Eco retreat project at Konark or the other Eco retreat destinations at Bhitarkanika, Odisha in 2021.
iii. They believe that their strength lies in the quality of the events and the experience of the events felt by the audience during the events which includes institutional turnkey assignments, private & social events including wedding, anniversary celebrations and other sort of celebratory functions for undertaken by us across the globe. They offer their customers with a wedding management process which is designed based on the customer requirements, that ensures a hassle-free wedding management experience.
iv. Apart from all the events that they curate and create in their events business, the company entered into a permanent and sustained business with the experiential tourism brand, “Sky Waltz” owned by theri Subsidiary company namely E-Factor Adventure Tourism Private Limited. Skywaltz is engaged in the business of managing and operating hot air ballooning and yachting activities in multiple locations in India and is a government approved commercial hot air balloon operator for the last 12 years.
v. The company has acquired 46.33% stake in Untamed Leisure and Hospitality Private Limited (formerly known as E Factor Leisure and Hospitality Private Limited) making this company their Associate company, which is engaged in the business of event management and hospitality services and other related activities of leisure and entertainment.
i. One stop solution to all event needs
ii. Established track record
iii. Established relationship with hospitality & event partners
Objects of the E Factor Experiences Limited IPO:
E Factor Experiences Limited IPO Details:
|Open Date:||Sep 27 2023|
|Close Date:||Oct 03 2023|
|Face Value:||₹ 10 Per Equity Share|
|Issue Type:||Book Built Issue IPO|
|Issue Size:||25.92 Cr.|
|Lot Size:||1600 Shares|
|Issue Price:||₹ 71 - 75 Per Equity Share|
|Listing At:||NSE Emerge|
|Listing Date:||Oct 11 2023|
Promoters And Management:
Financials of E Factor Experiences Limited IPO:
Particulars ( In Lakhs )
|Revenue from Operations||622||5,662||11,926|
|Employee benefits expenses||267||386||639|
|Depreciation & Amortisation||41||67||94|
Comparison With Peers:
|Name of the Company||Revenue (In Crore)||PAT (In Crore)||EPS ( in Rs)||P/E||CMP||Mcap (In Crore)|
|E Factor Experiences Limited||119||7.6||5.81||12.9||75||98|
|Touchwood Entertainment Limited||37||2.4||2.43||94.8||154||165|