India’s exhibitions and trade shows industry continues to expand, supported by increasing corporate marketing expenditure, growing participation in domestic and international trade fairs, and rising demand for experiential brand engagement. Businesses across industries are increasingly using exhibitions to showcase products, generate leads, strengthen customer relationships, and expand into new markets. With Indian companies increasing their participation in global events and international brands exploring the domestic market, demand for professional exhibition design, project management, and turnkey booth solutions continues to grow.
Against this backdrop, Propshop Events & Exhibitions Limited opened its IPO on July 27, 2026. Here is a detailed insight into Propshop Events & Exhibitions Limited, its IPO, and the industry outlook.
About Propshop Events & Exhibitions Ltd.
Incorporated in August 2019, Propshop Events & Exhibitions Limited is an exhibition and trade show solutions company engaged in designing, managing, and delivering custom-built and modular exhibition booths for domestic and international events.
The company provides end-to-end exhibition services, including:
- Concept Design
- 3D Visualisation
- Project Management
- Fabrication
- Logistics
- Installation
- On-site Supervision
- Post-event Dismantling
The company operates through an asset-light business model, outsourcing fabrication to a network of subcontractors while retaining control over design, project execution, and quality assurance.
Propshop has execution capabilities across India as well as major international exhibition markets, including the USA, UK, Germany, Dubai, Spain, and Singapore. Its turnkey exhibition solutions are customised according to clients’ branding objectives and regional requirements.
The company serves clients across diverse sectors, including industrial machinery, healthcare, chemicals, building materials, media and entertainment, food and beverages, and other industries.
As of June 30, 2026, the company employed 125 professionals across design, operations, production, sales and marketing, IT, human resources, finance, and compliance functions.
Propshop Events & Exhibitions Ltd. IPO Details
The Propshop Events & Exhibitions IPO is a combination of a fresh issue and an Offer for Sale (OFS), aggregating up to approximately ₹28.57 crore.
The fresh issue comprises approximately 33.40 lakh shares aggregating to ₹23.05 crore, while the Offer for Sale comprises 8 lakh shares aggregating to approximately ₹5.52 crore.
The company proposes to utilise approximately ₹16.62 crore from the net proceeds towards funding its working capital requirements. The remaining applicable proceeds will be utilised towards general corporate purposes and issue-related requirements.
Since the OFS portion consists of shares being sold by existing shareholders, the company will not receive proceeds from that component of the IPO.
Important IPO Timeline
| Particulars | Details |
|---|---|
| IPO Open Date | July 27, 2026 |
| IPO Close Date | July 29, 2026 |
| Allotment Date (Tentative) | July 30, 2026 |
| Initiation of Refunds | July 31, 2026 |
| Credit of Shares to Demat | July 31, 2026 |
| Listing Date (Tentative) | August 3, 2026 |
Key IPO Details
Here is the table on the Propshop Events & Exhibitions IPO Review:
| Particulars | Details |
| Face Value | ₹10 per share |
| Price Band | ₹65 to ₹69 per share |
| Lot Size | 2,000 Shares |
| Total Issue Size | 41,40,000 shares, aggregating up to approximately ₹28.57 Crore |
| Fresh Issue | Approximately 33.40 lakh shares, aggregating up to ₹23.05 Crore |
| Offer for Sale | 8,00,000 shares, aggregating up to ₹5.52 Crore |
| Issue Type | Bookbuilding IPO |
| Sale Type | Fresh Issue + Offer for Sale |
| Listing At | NSE SME |
| Market Capitalisation (Pre IPO) | ₹100.95 Crore |
| Shareholding Pre Issue | 1,12,90,804 shares |
| Shareholding Post Issue | 1,46,30,804 shares |
| Book Running Lead Manager | Unistone Capital Pvt. Ltd. |
| Registrar | MUFG Intime India Pvt. Ltd. |
| Market Maker | Bullpulse Marketedge Pvt. Ltd. |
Lot Size of Propshop Events & Exhibitions IPO
Here is the table of lot sizes for each category of investors:
| Application | Lots | Shares | Amount |
| Individual Investors (Min) | 2 | 4,000 | ₹2,76,000 |
| Individual Investors (Max) | 2 | 4,000 | ₹2,76,000 |
| S-HNI (Min) | 3 | 6,000 | ₹4,14,000 |
| S-HNI (Max) | 7 | 14,000 | ₹9,66,000 |
| B-HNI (Min) | 8 | 16,000 | ₹11,04,000 |
Propshop Events & Exhibitions Ltd. Financials
Propshop Events & Exhibitions has a pre-IPO market capitalisation of ₹100.95 crore. As of February 28, 2026, the company reported a Return on Equity (ROE) of 44.42% and a Return on Capital Employed (ROCE) of 49.62%, reflecting healthy capital efficiency.
The company also reported a Return on Net Worth (RoNW) of 36.35%, a PAT Margin of 10.81%, and an EBITDA Margin of 14.93%. Its Debt-to-Equity ratio stood at 0.00, indicating minimal dependence on borrowings.
The company has demonstrated growth across its reported financial periods. Total income increased from ₹25.93 crore in FY23 to ₹51.59 crore in FY25, while Profit After Tax increased from ₹0.97 crore to ₹6.32 crore during the same period. For the period ended February 28, 2026, the company reported total income of ₹59.94 crore and PAT of ₹6.46 crore.
Other financial details of the company include the following:
Key Company Financials
| Period Ended | 28 Feb 2026 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
| Assets | ₹25.71 Cr | ₹18.46 Cr | ₹11.10 Cr | ₹8.15 Cr |
| Total Income | ₹59.94 Cr | ₹51.59 Cr | ₹30.57 Cr | ₹25.93 Cr |
| Profit After Tax | ₹6.46 Cr | ₹6.32 Cr | ₹2.19 Cr | ₹0.97 Cr |
| EBITDA | ₹8.93 Cr | ₹8.55 Cr | ₹2.95 Cr | ₹1.28 Cr |
| Net Worth | ₹17.78 Cr | ₹11.32 Cr | ₹4.17 Cr | ₹1.05 Cr |
| Reserves & Surplus | ₹6.49 Cr | ₹8.56 Cr | ₹2.24 Cr | ₹1.04 Cr |
| Total Borrowing | – | ₹0.63 Cr | ₹0.43 Cr | – |
Propshop Events & Exhibitions Ltd.: Industry Outlook
- India’s exhibitions and trade shows industry continues to benefit from rising corporate marketing expenditure and increasing participation in business exhibitions and industry events.
- Exhibitions remain an important channel for companies seeking to showcase products, interact directly with customers, generate business leads, and strengthen brand visibility.
- Increasing participation of Indian businesses in international exhibitions is creating opportunities for exhibition service providers with global project execution capabilities.
- Demand for customised booths, modular exhibition spaces, 3D visualisation, and end-to-end event execution is increasing as brands focus on differentiated visitor experiences.
- Asset-light operating models can enable exhibition companies to scale across multiple markets without significant investment in manufacturing infrastructure.
- Propshop Events & Exhibitions’ global execution capabilities, in-house design expertise, diversified industry exposure, asset-light operating model, and experience in delivering turnkey exhibition solutions position the company to benefit from the long-term growth of the exhibitions and trade shows industry.
Conclusion
Propshop Events & Exhibitions Limited presents an interesting investment opportunity in the exhibitions and trade show solutions industry. The company has developed end-to-end capabilities covering concept design, project management, fabrication coordination, logistics, installation, and post-event services while executing projects across both domestic and international markets.
Its growing revenue, healthy profitability, minimal leverage, asset-light operating model, and presence across multiple industries provide a foundation for future growth. The proposed utilisation of IPO proceeds towards working capital requirements could also support higher project volumes and business expansion.
However, investors should consider factors such as intense competition and fragmentation within the exhibition services industry, dependence on third-party subcontractors for fabrication, project-based revenue fluctuations, and risks associated with international project execution before making an investment decision.
As with any SME IPO, investors should carefully evaluate the company’s fundamentals, valuation, liquidity considerations, and their own investment objectives before investing.
