India Exposition Mart Ltd – IPO Note

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About India Exposition Mart Ltd

The venue planner and provider, India Exposition Mart Ltd, has almost 15 years of experience in the management and organization of trade shows and exhibits. Additionally, some of the most prominent events in India have been managed and organized by India Exposition Mart, including the Indian Handicrafts and Gifts Fair, Elecrama, Auto Expo – The Motor Show, CPHI&P-MEC, and Print Pack.

Located in Greater Noida, a prominent MICE destination in India, India Exposition Mart Ltd’s exhibition centres and mart are spread across 58 acres of land, offering technology-driven, world-class facilities and safety standards for worldwide business-to-business exhibits, conferences, congresses, product launches, and promotional events, among other things.

India Exposition Mart Ltd is situated in Greater Noida, a well-known MICE destination in India, is spread across 58 acre of land. They provide technology-driven, top-notch facilities and safety standards for a variety of events, including international business-to-business exhibits, conferences, congresses, product launches, and promotional events.

India Exposition Mart has memberships with leading global and national industry associations and has managed events such as 6th Regional Comprehensive Economic Partnership and United Nations Convention to Combat Desertification, Conference of Parties-14.

Venue of Choice for Major Institutions

India Exposition Mart Ltd has been the venue of choice for various ministries of the Government of India, statutory corporations, companies and renowned global agencies including Ministry of Finance, Ministry of Commerce & Industry, Ministry of Environment, Forest and Climate Change, Ministry of Health and Family Welfare, Export Promotion Council for Handicrafts, International Garment Fair Association, Trade Promotion Council of India, Indian Printing Packaging & Allied Machinery Manufactures Association (IPAMA), Messe Frankfurt Trade Fairs India Private Limited, Messe Muenchen India Private Limited, Dreamz India and Nurnberg Messe India Private Limited.

India Exposition Mart Ltd also organizes exhibitions such as ‘India International Hospitality Expo’ and ‘Ayuryog Expo’ which have been developed by them.

IPO Synopsis of India Exposition Mart Ltd

India Exposition Mart Ltd. has filed its preliminary papers with SEBI to raise funds worth Rs.600 crore through an initial public offering.

The issue comprises of a fresh issue of equity shares aggregating up to Rs.450 crore

An offer-for-sale (OFS) of up to 1.12 crores of equity shares by existing shareholders.

Participants’ list for OFS  

Vectra Investments, MIL Vehicles & Technologies, Overseas Carpets, RS Computech, Navratan Samdaria, Dinesh Kumar Aggarwal and Pankaj Garg.

India Exposition Mart Ltd may consider a private placement of equity shares aggregating up to Rs.75 crore which will diminish the actual issue size.

The objective of India Exposition Mart Ltd’s IPO
From the Rs.450-crore fresh issuance, the proceeds will be used for:

1.  Rs.316.91 crore will be used for funding capital expenditure requirements for the expansion of its existing infrastructure facilities,

2. Rs.17 crore for the payment of debt, and for general corporate purposes

Lead Bankers

Emkay Global Financial Services is the sole book-running lead manager and Kfin Technologies is the registrar to the offer.

India Exposition Mart Ltd Financial Status

India Exposition Mart Ltd DRHP Document (Click Here)

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