Propshop Events & Exhibitions

ListedListed 3 Aug 2026NSE SMENSE: PROPSHOP-SMCheck allotment
Current price₹ 68−1.45% since issue
Issue price
₹ 69
Issue size
₹ 28.56 Cr.
Min. investment
₹ 1,38,000
Subscribed
1.5x
Lot size
2,000 shares
P/E
14.32
RoNW
55.86%
RoCE
74.14%
PAT margin
12.27%
EPS
₹ 4.82
Promoter stake
67.5%

About

Incorporated in August 2019, Propshop Events and Exhibitions Limited is an exhibition and trade show solutions company engaged in designing, managing, and delivering custom-built and modular exhibition booths for domestic and international events. The company provides end-to-end exhibition services, including concept design, 3D visualization, project management, fabrication, logistics, installation, on-site supervision, and post-event dismantling for clients across diverse industries. The company operates through an asset-light business model by outsourcing fabrication to a network of trusted subcontractors while retaining complete control over design, project execution, and quality assurance. With a strong presence across India and execution capabilities in major global exhibition markets including the USA, UK, Germany, Dubai, Spain, and Singapore, Propshop delivers turnkey exhibition solutions tailored to clients' branding objectives and regional requirements. The company has over 12 years of industry experience and serves clients across industrial machinery, healthcare, chemicals, building materials, media & entertainment, food & beverages, and other sectors. As of June 30, 2026, the company employed 125 professionals across design, operations, production, sales & marketing, IT, HR, finance, and compliance functions.

Timeline

  1. Opens
    27 Jul
    done
  2. Closes
    29 Jul
    done
  3. Allotment
    30 Jul
    done
  4. Listing
    3 Aug
    done

Subscription

How many times each investor group bid for its share, as of 04 Sep 2026, 03:39 PM IST.

How much to apply for

The smallest and largest bids for each kind of investor at the upper price band.

Lots and amounts by investor type
Retail (Min)12,000₹ 1,38,000
Retail (Max)12,000₹ 1,38,000
HNI (Min)24,000₹ 2,76,000

Company overview

Financials

Financials by year
Assets25.7118.4611.18.15
Total Income59.9451.5930.5725.93
Profit After Tax6.466.322.190.97
EBITDA8.938.552.951.28
NET Worth17.7811.324.171.05
Reserves and Surplus6.498.562.241.04
Total Borrowing—0.630.43—

Strengths

  • Established track record in the fragmented exhibition and trade show industry.
  • Asset-light and scalable business model with efficient project execution.
  • Global execution capabilities supported by local market expertise.
  • Strong in-house design and branding capabilities.
  • Experienced promoters and senior management with a strong financial foundation.

Risks

  • Asset-light model depends heavily on third-party subcontractors for fabrication and delivery.
  • Revenue is project- and event-driven, making earnings lumpy and vulnerable to event disruptions.
  • Operates in a fragmented, highly competitive exhibition-services industry.
  • The latest reported period is an 11-month stub (to Feb 2026), limiting comparability with full years.
  • SME listing — lower liquidity and higher volatility.

What the money is for

Objects of the issue
Funding working capital requirements of the Company16.62

Promoters

  • Prathamesh Shantaram Pusalkar
  • Aarti Prathamesh Pusalkar
Promoter holding94.55%→67.5%before → after the issue · down 27.05 points

Registrar, lead managers and documents

Listing on
NSE SME
Face value
₹ 10 a share
Lead managers
Unistone Capital

IPO dates, prices, grey market premium (GMP), subscription and the company overview: IPO Guru, updated three times a day. GMP is an unofficial premium from the unregulated grey market. It is not published, verified or regulated by SEBI, NSE or BSE, grey market deals are not legally enforceable, and it is not a reliable indicator of the listing price. Do not apply for an IPO on the basis of GMP. It is not a recommendation of Minerva Capital Research Solutions.

Our recommendations are research opinions, not investment advice. Read the offer document (RHP) and consult your financial adviser before investing.