Eventions SME IPO to open on Sep 30; seeks to raise Rs 38.12 cr

New Delhi, Event management player Eventions will open its Rs 38.12-crore initial public offering (IPO) for subscription on September 30, with the company looking to strengthen its finances and fund expansion of its MICE and corporate events business.

The initial public offering (IPO) will conclude on October 5 and the shares will be listed on the NSE SME platform with a tentative listing date fixed on October 8.

The public offer is entirely a fresh issue of up to 32.30 lakh equity shares priced in the range of Rs 112-118 per share, aggregating to Rs 38.12 crore.

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