E Factor Experiences IPO Date, Review, Price, Allotment Details

E Factor Experiences IPO Details: E Factor Experiences IPO date is fixed, The IPO will open on September 27 and will close on October 3. E Factor Experiences is an NSE SME IPO to raise ₹25.92 crores via IPO. The E Factor Experiences IPO price band is fixed at ₹71 to ₹75 with a market lot of 1600 shares.

E Factor Experiences IPO

Table of Contents


Incorporated in 2003, E Factor Experiences is an award-winning Indian event management company engaged in providing the consumers and community with event experiences, event services, technology-based permanent & semi-permanent multimedia light & sound installations, and specialized turnkey event assignments, wedding management, private and social event solutions. Their portfolio of services includes turnkey assignments in the form of Government Tourism Events and Festivals, techno-cultural light & sound shows, Sporting Events and contests, Conferences, Mega Ground Concerts, Televised Events, private and social events like wedding and anniversary celebrations, etc.


They take pride in organizing and curating various turnkey events and experiences like “The Pushkar Fair” in the year 2015-19, converting the traditional Snake-Boat Races into league format in the year 2019, creating a beach destination with their Eco retreat project at Konark or the other Eco retreat destinations at Bhitarkanika, Odisha in 2021.

E Factor Experiences believe that its strength lies in the quality of the events and the experience of the events felt by the audience during their events which includes institutional turnkey assignments, private & social events including wedding, anniversary celebrations, and other sort of celebratory functions for undertaken by them across the globe. They offer their customers a wedding management process which is designed based on the customer requirements, that ensures a hassle-free wedding management experience. Apart from all the events that they curate and create in their events business, they entered into a permanent and sustained business with their experiential tourism brand, “Sky Waltz” owned by their Subsidiary company namely E-Factor Adventure Tourism Private Limited. Skywaltz is engaged in the business of managing and operating hot air ballooning and yachting activities in multiple locations in India and has been a government-approved commercial hot air balloon operator for the last 12 years.


Objects of the Issue:

  • Investment in Subsidiary.
  • To meet Working Capital requirements.
  • Repayment and/or pre-payment, in full or part, of certain borrowings availed by the Company.
  • General Corporate Purposes.

E Factor Experiences IPO Review

  • Avoid

E Factor Experiences IPO Date & Price Band Details

IPO Open:September 27, 2023
IPO Close:October 3, 2023
IPO Size:Approx ₹25.92 Crores, 3,456,000 Equity Shares
Face Value:₹10 Per Equity Share
IPO Price Band:₹71 to ₹75 Per Equity Share
IPO Listing on:NSE SME
Retail Quota:35% of the net offer
QIB Quota:50% of the net offer
NII Quota:15% of the net offer
DRHP Draft Prospectus:Click Here
RHP Draft Prospectus:Click Here

E Factor Experiences IPO Market Lot

The E Factor Experiences IPO minimum market lot is 1600 shares with a ₹120,000 application amount.

ApplicationLot SizeSharesAmount
Retail Minimum11600₹120,000
Retail Maximum11600₹120,000
S-HNI Minimum23200₹240,000

E Factor Experiences IPO Dates

The E Factor Experiences IPO date is September 27 and the IPO close date is October 3. The IPO allotment date is October 6 and the IPO might list on October 11.

IPO Open Date:September 27, 2023
IPO Close Date:October 3, 2023
Basis of Allotment:October 6, 2023
Refunds:October 9, 2023
Credit to Demat Account:October 10, 2023
IPO Listing Date:October 11, 2023

You can check IPO subscription status and IPO allotment status on their respective pages.

E Factor Experiences IPO Form

How to apply E Factor Experiences IPO? You can apply E Factor Experiences IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the E Factor Experiences IPO in the Invest section. The other option you can apply E Factor Experiences IPO via IPO forms download via the NSE website. Check out the E Factor Experiences forms – click NSE IPO Forms download, fill and submit in your bank or with your broker.


E Factor Experiences Company Financial Report

₹ in Crores
YearRevenueExpensePAT
2021₹9.91₹8.64₹1.23
2022₹57.00₹53.53₹2.56
2023₹119.45₹109.08₹7.61

E Factor Experiences IPO Valuation – FY2023

Check E Factor Experiences IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.

Earning Per Share (EPS):₹7.82 per Equity Share
Price/Earning P/E Ratio:NA
Return on Net Worth (RoNW):68.35%
Net Asset Value (NAV):₹11.44 per Equity Share

Peer Group

  • Touchwood Entertainment Limited

Company Promoters

  • Jai Thakore
  • Samit Garg
  • Aruna Garg
  • Manika Garg

E Factor Experiences IPO Registrar

Maashitla Securities Private Limited
Phone: +91-11-45121795-96
Email: [email protected]
Website: https://maashitla.com/

E Factor Experiences IPO Allotment Status

Check E Factor Experiences IPO allotment status on Maashitla Securities website URL. Click Here

E Factor Experiences IPO Lead Managers aka Merchant Bankers

  • Hem Securities Limited

Company Address

E Factor Experiences Limited
101-A, Kundan Kutir Hari Nagar Ashram
New Delhi110014, India
Phone: +91-120-3100184
Email: [email protected]
Website: http://www.efactor4u.com/

E Factor Experiences IPO FAQs


What is E Factor Experiences IPO?

E Factor Experiences IPO is an NSE SME IPO. They are going to raise ₹25.92 Crores via IPO. The issue is priced at ₹71 to ₹75 per equity share. The IPO is to be listed on NSE.

When E Factor Experiences IPO will open?

The IPO is to open on September 27, 2023 for QIB, NII, and Retail Investors.

What is E Factor Experiences IPO Investors Portion?

The investors’ portion for QIB is 50%, NII is 15%, and Retail is 35%.

How to Apply the E Factor Experiences IPO?

You can apply E Factor Experiences IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.

How to Apply the E Factor Experiences IPO through Zerodha?

Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on IPO. You will see the IPO Name “E Factor Experiences”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Zerodha.

How to Apply the E Factor Experiences IPO through Upstox?

Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “E Factor Experiences”. Click on Bid Button. Confirm your application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox.

How to Apply the E Factor Experiences IPO through Paytm Money?

Log in to Paytm Money Application with your credentials. Select the IPO. You will see the IPO Name “E Factor Experiences”. Click on Bid Button. Confirm your application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Paytm Money.

What is E Factor Experiences IPO Size?

E Factor Experiences IPO size is ₹25.92 crores.

What is E Factor Experiences IPO Price Band?

E Factor Experiences IPO Price Band is ₹71 to ₹75 per equity share.

What is E Factor Experiences IPO Minimum and Maximum Lot Size?

The IPO bid is 1600 shares with ₹120,000.

What is E Factor Experiences IPO Allotment Date?

E Factor Experiences IPO allotment date is October 6, 2023.

What is E Factor Experiences IPO Listing Date?

E Factor Experiences IPO listing date is October 11, 2023. The IPO to list on NSE SME.

Note: The E Factor Experiences IPO details are announced officially. The IPO grey market premium (E Factor Experiences IPO Premium) is updated on the respective page. You can check our IPO grey market page for daily updates.)

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