Propshop Events & Exhibitions IPO – A Promising SME Opportunity

The upcoming Propshop Events & Exhibitions IPO marks an exciting moment for investors eyeing the SME (Small-Medium Enterprise) space on the NSE EMERGE platform. Propshop Events and Exhibitions Limited, a Mumbai-based corporate solutions firm, has filed its Draft Red Herring Prospectus (DRHP) aiming to list on NSE EMERGE, offering equity shares to the public for the first time.

About the Company

Founded in 2019, Propshop Events and Exhibitions specializes in trade show and exhibition booth solutions, offering services from conceptual design and 3D visualization to logistics, installation, and post-event dismantling. The company serves a broad range of clients across sectors such as industrial machinery, décor, healthcare, cosmetics, food & beverages, and more. With operations in India and partnerships in global markets including the US, UK, Dubai, Germany, Spain and Singapore, it has positioned itself as a flexible and scalable player in the MICE (Meetings, Incentives, Conferences & Exhibitions) industry.

IPO Highlights

• Exchange: NSE EMERGE

• Issue Type: Book Building (mix of fresh issue and offer-for-sale)

• No. of Shares Offered: Up to 40,90,000 equity shares

• Merchant Banker: Unistone Capital Private Limited

• Business Focus: End-to-end custom and modular booth solutions

• Financial Growth: Strong revenue and profit increase with a revenue CAGR of ~41.7% and robust returns on net worth in recent years.

The IPO aims to fuel working capital needs and corporate growth while opening a gateway for retail, HNI, and institutional investors to participate in Propshop’s expansion story. As with all IPOs, detailed review of the prospectus and risk factors is advised before investing.