{"id":25042,"date":"2023-09-27T08:34:13","date_gmt":"2023-09-27T08:34:13","guid":{"rendered":"https:\/\/financialtelegraph.in\/index.php\/2023\/09\/27\/e-factor-experiences-limited-announces-ipo-opening-on-september-27-2023-and-listing-on-nse-emerge\/"},"modified":"2023-09-27T08:34:13","modified_gmt":"2023-09-27T08:34:13","slug":"e-factor-experiences-limited-announces-ipo-opening-on-september-27-2023-and-listing-on-nse-emerge","status":"publish","type":"post","link":"https:\/\/financialtelegraph.in\/index.php\/2023\/09\/27\/e-factor-experiences-limited-announces-ipo-opening-on-september-27-2023-and-listing-on-nse-emerge\/","title":{"rendered":"E-Factor Experiences Limited Announces IPO Opening on September 27, 2023, and Listing on NSE Emerge \u00a0"},"content":{"rendered":"
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New Delhi (India), September 27:\u00a0<\/strong>E-Factor Experiences Limited is pleased to announce the opening of its Initial Public Offering (IPO) for subscription on September 27, 2023, with the subscription period set to conclude on October 03, 2023. The company\u2019s shares are proposed to be listed on the NSE SME platform.<\/p>\n

E-Factor Experiences\u00a0Limited is offering its equity shares in the price range of Rs\u00a071\u00a0to Rs 75\u00a0per share, as stated in a company statement. The primary objective of this IPO is to raise\u00a0Rs\u00a025.92crore\u00a0at\u00a0the upper price band. Each lot consists of 1600 equity shares.<\/p>\n

The offering comprises a total of\u00a034,56,\u00a0000 equity shares, with specific allocations for different investor categories. The allocation includes\u00a0984,000 equity shares are reserved for Anchor Investors, 6,56,000\u00a0equity shares reserved for Qualified Institutional Buyers (QIBs),\u00a0492,800\u00a0shares for Non-Institutional Investors (NIIs), 1,148,800 shares for Retail Individual Investors (RIIs), and\u00a0174,400\u00a0shares set aside for market makers.<\/p>\n

Hem Securities Limited is the appointed book running lead manager for the issue, while\u00a0Maashitla\u00a0Securities Pvt. Ltd.\u00a0has been selected as the registrar.<\/p>\n

E-Factor Experiences Ltd, \u00a0Incorporated in 2003, is engaged in creating & providing hassle free and unique experiences through its diverse event services that include Institutional Turnkey Assignments, Private & Social Events, \u00a0Tourism Events Management., Tech based-cultural light & and sound shows at locations of national heritage & large, Sporting Events. The Private & Social Events include managing turnkey Weddings and personal & business milestone celebrations. The major events handled include setting of Eco Retreats, Odisha, DotFest, Bhubaneshwar, Mandu Festival, FIDE Chess Olympiad etc as well as the permanent light and sound shows at marqueelocations like Gateway of India, Mumbai etc.<\/p>\n

The\u00a0company\u2019s financial performance has been impressive, with revenue\u00a0from operations of\u00a011,926.16\u00a0Lakhs in FY2022-23, increasing from Rs.\u00a05,661.55\u00a0Lakhs\u00a0in FY2021-22,\u00a0E-Factor Experiences Limited\u00a0achieved\u00a0PAT\u00a0of Rs.\u00a0761.53\u00a0lakhs in FY2022-23,\u00a0which was\u00a0253.25lakhs in FY 2021-22.\u00a0Also, the net worth of the company was\u00a0349.37\u00a0Lakhs in FY2021-22, which increased to\u00a01,101.67\u00a0in FY2022-23<\/p>\n

Investors and stakeholders are encouraged to review the company\u2019s prospectus and consider participating in this exciting opportunity as\u00a0E-Factor Experiences\u00a0Limited looks forward to its IPO launch on September 27, 2023.<\/p>\n

For more information, please visit the company\u2019s website at\u00a0https:\/\/www.efactor4u.com\/<\/a><\/p>\n

If you have any objection to this press release content, kindly contact pr.error.rectification[at]gmail.com to notify us. We will respond and rectify the situation in the next 24 hours.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

New Delhi (India), September 27:\u00a0E-Factor Experiences Limited is pleased to announce the opening of its Initial Public Offering (IPO) for subscription on September 27, 2023, with the subscription period set … Read More<\/a><\/p>\n","protected":false},"author":1,"featured_media":25043,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[16],"tags":[448],"class_list":["post-25042","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-business","entry"],"_links":{"self":[{"href":"https:\/\/financialtelegraph.in\/index.php\/wp-json\/wp\/v2\/posts\/25042","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/financialtelegraph.in\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/financialtelegraph.in\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/financialtelegraph.in\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/financialtelegraph.in\/index.php\/wp-json\/wp\/v2\/comments?post=25042"}],"version-history":[{"count":0,"href":"https:\/\/financialtelegraph.in\/index.php\/wp-json\/wp\/v2\/posts\/25042\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/financialtelegraph.in\/index.php\/wp-json\/wp\/v2\/media\/25043"}],"wp:attachment":[{"href":"https:\/\/financialtelegraph.in\/index.php\/wp-json\/wp\/v2\/media?parent=25042"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/financialtelegraph.in\/index.php\/wp-json\/wp\/v2\/categories?post=25042"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/financialtelegraph.in\/index.php\/wp-json\/wp\/v2\/tags?post=25042"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}