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IPOE Factor Experiences Ltd

  • Price Range

    ₹71 - ₹75

  • Min. Quantity

    1,600 Shares

  • Closes on

    3 October 2023

  • Min. investment

    ₹1,20,000

E Factor Experiences Ltd IPO Timeline

E Factor Experiences Limited was originally incorporated as a Private Limited Company as 'E Factor Entertainment Private Limited' on January 02, 2003 with the RoC, Delhi & Haryana. Subsequently, the Company's name changed from 'E Factor Entertainment Private Limited' to 'E Factor Experiences Private Limited' dated August 04, 2021. It later, converted into a Public Limited Company and the name of the Company was changed to 'E Factor Experiences Limited' vide a fresh Certificate of Incorporation dated September 30, 2021, issued by the Registrar of Companies.

EventDate
E Factor Experiences Ltd IPO Opening Date27 September 2023
E Factor Experiences Ltd IPO Closing Date 3 October 2023
Basis of Allotment6 October 2023
Initiation of Refunds9 October 2023
Credit of Shares to Demat10 October 2023
E Factor Experiences Ltd IPO Listing Date9 October 2023

E Factor Experiences Ltd IPO Details

E Factor Experiences Ltd IPO Date27 September 2023 to 3 October 2023
E Factor Experiences Ltd IPO Face Value₹10 per share
E Factor Experiences Ltd IPO Price₹71 to ₹75 per share
E Factor Experiences Ltd IPO Lot Size1,600
Issue Size Shares of ₹10 (aggregating up to ₹25.92 Cr)
Fresh Issue Shares of ₹10 (aggregating up to ₹25.92 Cr)
Offer for Sale-
Issue TypeBook Building - SME
Listing At NSE - SME
QIB Shares Offered-
Retail Shares Offered-
NII (HNI) Shares Offered-
Company PromotersJai Thakore, Samit Garg, Aruna Garg

E Factor Experiences Ltd IPO Lot Size

The E Factor Experiences Ltd IPO lot size is 1,600 shares. A retail-individual investor can apply for up to 1 lots (1,600 shares or ₹1,20,000).

Application LotsSharesAmount
Minimum11,600₹1,20,000
Maximum11,600₹1,20,000
  • Risks
  • Opportunities
  • One stop solution to all event needs.
  • Established track record.
  • Established relationship with hospitality & event partners.
  • Established relationship with local City /State government bodies.
  • Experienced promoters and management team.

Company Financials

E Factor Experiences Ltd Financial Information (Restated)

Period Ended Total AssetsTotal RevenueProfit After Tax
03-2025150.34165.9120.14
03-202496.68142.8914.95
03-202357.28114.326.91
Amount in ₹ Crore

Objects of the Issue

The company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects:

  • Investment in Subsidiary
  • To meet Working Capital Requirements
  • Repayment and/or pre-payment in full or part of certain borrowings availed by the company
  • General corporate purposes

E Factor Experiences Ltd IPO Promoter Holding

Pre Issue Share Holding40%
Post Issue Share Holding29.44%

E Factor Experiences Ltd IPO Subscription Status (Bidding Detail)

The E Factor Experiences Ltd IPO is subscribed 48.6718 times on 3 October 2023 05:00:00 PM. The public issue subscribed 0 times in the retail category, 0 times in the QIB category, and 0 times in the NII category. Check Day by Day Subscription Details (Live Status)

CategoryQIBNIIRetailEmployeeTotal
Subscription (times)----48.6718

E Factor Experiences Ltd IPO Prospectus

E Factor Experiences Ltd IPO Listing Date

BSE Script 78925
NSE SymbolEFACTOR
Listing In NSE - SME
ISININE0KFF01017
IPO Price₹75
Face Value10

Company Contact Information

E Factor Experiences Ltd
101-A Kundan Kutir Hari Nagar-Ashram,New Delhi-110014
Phone: +91-120-3100184
Email: mukesh@efactor4u.com
Website: https://www.efactorexp.com/

E Factor Experiences Ltd IPO Registrar

Phone:+91-11-45121795-96
Email: ipo@maashitla.com
Website: www.maashitla.com

E Factor Experiences Ltd IPO Lead Manager(s)

  1. Hem Securities Ltd

How to Check the Allotment Status of E Factor Experiences Ltd IPO?

To check the IPO allotment status, follow these steps:

  • Visit the official website of the IPO registrar.
  • Navigate to the IPO Allotment Status page.
  • Select “E Factor Experiences Ltd” from the list of available IPOs.
  • Enter any one of these - PAN Number, Application Number, DP/Client ID.
  • Click on Submit to view your allotment status.
  • Alternatively, you can also check the allotment status on the stock exchange websites such as NSE or BSE.
  • FAQ

    What is the issue size of E Factor Experiences Ltd IPO?

    E Factor Experiences Ltd IPO, which opens for subscription from to 3 October 2023 has an issue size of ₹25.92 crore. The issue type is book building issue.

    I have pre-applied for E Factor Experiences Ltd IPO. When will my order get placed?

    In case of pre-apply, your IPO order will be placed on the Exchange as soon as the official bidding for TBI Corn Ltd IPO begins. You will receive a UPI request within 24 hours after the bidding period opens.

    What are the open and close dates for E Factor Experiences Ltd IPO?

    E Factor Experiences Ltd IPO Opens for subscription from 27 September 2023 to 3 October 2023

    What is the lot size and minimum order quantity of the E Factor Experiences Ltd IPO?

    The lot size of E Factor Experiences Ltd is 1,600 shares. Retail investors can subscribe to minimum 1 lot and maximum 1 lots. The minimum and maximum application value is ₹1,20,000 and ₹1,20,000 respectively.

    What are the allotment dates for the E Factor Experiences Ltd IPO?

    Allotment date for E Factor Experiences Ltd is 6 October 2023 and refund of application amount (in case allotment is not received) will begin from 9 October 2023. If your allotment goes through, then shares will be credited in your Demat account by 10 October 2023.

    Who is the registrar of E Factor Experiences Ltd IPO?

    The registrar for E Factor Experiences Ltd IPO is Maashitla Securities Pvt Ltd. You can check your IPO allotment status on the registrar's website.

    Where is the E Factor Experiences Ltd IPO getting listed?

    The shares of E Factor Experiences Ltd are proposed to be listed on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE)