General Information
- The company was incorporated in 2010
- In December 2022, it went public
About the IPO
- Total IPO size was Rs. 21.12 crores
- Majorly took IPO for working capital gap and acquisition of Exhibition material
About the business:
- Supply large span AC steel structures, octanorm systems, flooring and carpets, modular registration
setup, furniture, and general lighting, sound light and video, branding & signage CCTV and hardware
setup, huge modular stocks of outdoor and indoor event venue construct spread over 5 cities of India. - manages the exhibitions from ‘Concept to Completion’, provides in-house infrastructure for large
graph events to integrated marketing solutions - establish sales offices in new places to establish a presence in new geographies. Established offices
in Singapore, London, Shanghai, and Dubai
Entering new verticals by acquisitions and moving across the value chain
- intend to enter into forward integration by increasing in-house capabilities of stall designing and fabrication and backward integration- by owning a semi-permanent exhibition center.
- This forward-backward integration will benefit by reducing the dependence on third-party service providers, improving the quality of its service and thereby improving exhibitor and visitor experience and satisfaction
FY2023 Annual Report
- Acquisition of 3 strategic businesses into end-to-end business services for Exhibition Exhibitors, Associations, and Organizers in UAE, a Corporate Communication, and stall design and execution firm in India, and a database research firm offering event data services to over 30 countries
- Strategic goals for the upcoming year include strategic business acquisitions, amalgamation of services, and consolidation of Indian and overseas existing businesses into the listed entity.
SERVICES AND PROCESSES
• Venue/Space provider
• Exhibition Organizer
• Stall Designing, Creative & Media Solutions including Media Planning / Buying and implementation
• Printing and Publishing
• Database Analysis
• B2B Website Designing
• Creative web designing
• SEO Services
About the Industry:
- 6,50,000 sq. mtr. Exhibition space currently in India. 2.5 sq. meter planned to be added in India
- In India Exhibition is 0.1% of GDP while worldwide it’s 1-2% of GDP
Market size
2024: Rs. 43409 crores
2029 E: Rs. 64740 crores
-Name of Competitors: Percept, Wizcraft, Wow Events, Pegasus, 70 Event Media Group