E Factor Experiences Ltd
Price Range
₹71 - ₹75
Min. Quantity
1,600
Closes on
3 October 2023
Min. investment
₹1,20,000/1,600 Shares
E Factor Experiences Ltd IPO Timeline
E Factor Experiences Limited was originally incorporated as a Private Limited Company under the name of 'E Factor Entertainment Private Limited' on January 02, 2003 with the RoC, Delhi & Haryana. Subsequently, the Company 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, Delhi.
| Event | Date |
|---|---|
| E Factor Experiences Ltd IPO Opening Date | 27 September 2023 |
| E Factor Experiences Ltd IPO Closing Date | 3 October 2023 |
| Basis of Allotment | 6 October 2023 |
| Initiation of Refunds | 9 October 2023 |
| Credit of Shares to Demat | 10 October 2023 |
| E Factor Experiences Ltd IPO Listing Date | 9 October 2023 |
E Factor Experiences Ltd IPO Details
| E Factor Experiences Ltd IPO Date | 27 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 Size | 1,600 |
| 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 Type | Book Building - SME |
| Listing At | NSE - SME |
| QIB Shares Offered | - |
| Retail Shares Offered | - |
| NII (HNI) Shares Offered | - |
| Company Promoters | Jai 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 | Lots | Shares | Amount |
|---|---|---|---|
| Minimum | 1 | 1,600 | ₹1,20,000 |
| Maximum | 1 | 1,600 | ₹1,20,000 |
- Strengths
- 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 Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 03-2024 | 96.61 | 142.89 | 14.95 |
| 03-2023 | 57.28 | 114.32 | 6.91 |
| 03-2022 | 48.55 | 54.84 | 3.01 |
| 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 Holding | 40% |
| Post Issue Share Holding | 29.44% |
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)
| Category | QIB | NII | Retail | Employee | Total |
| Subscription (times) | - | - | - | - | 48.6718 |
E Factor Experiences Ltd IPO Prospectus
E Factor Experiences Ltd IPO Listing Date
| Listing Date | 9 October 2023 |
| BSE Script | 78925 |
| NSE Symbol | EFACTOR |
| Listing In | NSE - SME |
| ISIN | INE0KFF01017 |
| IPO Price | ₹75 |
| Face Value | ₹10 |
Company Contact Information
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
E Factor Experiences Ltd IPO Lead Manager(s)
- Hem Securities Ltd
FAQ
What is the issue size of E Factor Experiences Ltd IPO?
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.