Propshop Events & Exhibitions IPO GMP, Date, Price Band & Review

Propshop Events & Exhibitions IPO Details

Propshop Events & Exhibitions IPO is a 100% book-built issue of 41.40 lakh equity shares worth up to ₹29 crore, comprising a fresh issue of 31.24 lakh equity shares worth up to ₹22 crore and an offer for sale (OFS) of 8 lakh equity shares worth up to ₹6 crore, with a face value of ₹10 per share. The company filed its DRHP with SEBI on September 26, 2025.

The price band of the issue is set between ₹65 to ₹69 per share and the lot size for an application is 2,000 shares. The minimum investment required by an individual investor is ₹2,76,000 (4,000 shares). The IPO will be open for subscription from July 27 to 29, 2026, on the NSE SME platform, with a tentative listing date fixed as August 3, 2026. The book-running lead manager for this issue is Unistone Capital Private Ltd., while MUFG Intime India Private Ltd. is the official registrar.

Propshop Events & Exhibitions IPO Date & Timeline

Propshop Events & Exhibitions IPO is officially set to open for subscription on Jul 27, 2026 and will close on Jul 29, 2026. The company initially filed its Draft Red Herring Prospectus (DRHP) on September 26, 2025. and has now finalized its schedule following SEBI approval. Once the subscription window closes, allotment is expected on Jul 30, 2026. Following this, the firm will initiate refunds and credit shares to successful investors' demat accounts on Jul 31, 2026. Finally, shares of Propshop Events & Exhibitions Ltd. are tentatively scheduled to list on the stock exchanges on Aug 3, 2026.

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 ₹0, reflecting the sentiment of unofficial investors before the official listing. This premium suggests a potential listing price of ₹69, which is 0.00% 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. was incorporated as a private limited company on August 22, 2019; then, on February 10, 2025, the company transformed from a private to a public limited company to proceed with its public listing procedure. With a main engagement in trade show and exhibition booth solutions, the company offers custom-built and modular exhibition options.

The company specialises in the MICE industry and is headquartered in Mumbai, Maharashtra. Notably, the company outsources booth fabrications and related services, while designs and all the concepts of customisation are handled by in-house and project-based collaboration professionals.

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

Propshop Events & Exhibitions Ltd., working under the brand name "Propshop," 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.