Propshop Events & Exhibitions IPO

Propshop Events & Exhibitions IPO GMP (Grey Market Premium)

“Grey Market Premium” or GMP is defined as the rate at which the IPO's shares are traded in the market before they are officially listed on the stock exchange.

The Propshop Events & Exhibitions IPO GMP is currently trading at ₹[.], reflecting the sentiment of unofficial investors before the official listing. This premium suggests a potential listing price of ₹[.], which is [.]% above the issue price. While the Grey Market Premium is a key indicator of demand and investor appetite, it is important to remember that GMP is highly volatile and should not be the sole factor in your investment decisions.

Company Background

Propshop Events & Exhibitions Ltd. is a public limited company incorporated in February 2025 after being initially incorporated as a private limited company in August 2019. This company specialises in the MICE industry and is headquartered in Mahim West, Mumbai, Maharashtra. Initially, the company started as an event organiser, but over the years, it has evolved into a trade show and exhibition solutions provider, executing complex booth installations for a variety of domestic and international corporate entities.

Operations & Product Range

Propshop Events & Exhibitions Ltd.'s core operations are providing seamless trade show and exhibition booth service solutions, which include both custom-built and modular exhibition booths according to client requirements. The scope of service ranges from concept design and 3D visualisation to project management, supervision, fabrication and dismantling of exhibition booths and events. The target customer group of the company covers various sectors, such as industrial machinery and equipment, building materials, furnishing and decor, chemicals, media and entertainment, healthcare, cosmetics and F&B.

Facilities & Capacity

Propshop Events & Exhibitions Ltd. adopts a highly flexible and asset-light business model by outsourcing the construction of booths and other physical activities to specialised companies under the supervision of the company’s project managers. The most significant strength of the company is its well-informed workforce, including its in-house teams for design, ideas and branding, along with temporary partnerships with talented experts at different exhibition sites.

Brands & Market Presence

Working under the brand name "Propshop," Propshop Events & Exhibitions Ltd. has earned a remarkable reputation in a fragmented industry. Its brand presence can be attributed to a global framework that incorporates well-known business principles along with local adaptation in various locations where exhibitions take place. The brand has earned a remarkable reputation in terms of its design-led approach to ensure that every booth represents corporate identity appropriately in various industries.

Revenue Streams & Business Model

Propshop Events & Exhibitions Ltd. generates its revenue primarily from project-based contracts for designing and executing exhibition booths and trade show setups and this is a function of fees earned from design consultancy and project management or from the turnkey execution of these structures.

This asset-light model allows the company to generate higher returns on capital employed due to low fixed costs and outsourced fabrication and a diverse set of clients to mitigate revenue risks from sector-specific declines.

Management & Shareholding

Propshop Events & Exhibitions Ltd.’s promoters are Prathamesh Shantaram Pusalkar and Aarti Prathamesh Pusalkar. Before the IPO, the promoter group owned a large 94.55% of the company's shares, but after the IPO, this ownership will decrease, giving public investors a chance to buy shares while the founders still manage the company's operations.

Board & Key Management

The board and key management of Propshop Events & Exhibitions Ltd. consist of entrepreneurial leadership and corporate governance. The core promoters of the company handle the strategic execution of the business, which includes managing day-to-day operations and acquisitions of projects. For transparency and to follow public market regulations, the management team of the company includes CS Saloni Priyank Doshi as a compliance officer. This structure will help the company in its growth phase as a listed entity and follow SEBI's regulatory requirements.