Propshop Events and Exhibitions Limited
PROSPECTUS · filed 30 Jul 2026
Propshop Events and Exhibitions Limited is a company that generates revenue from operations of Rs 30.51 crore and reported a profit after tax of Rs 2.19 crore for the period ended February 28, 2026, with a revenue CAGR of 5.6%. The company's financial trajectory is supported by a return on equity of 8.54%, and it is not currently a loss-making entity. The offer structure details regarding the mix of fresh issue and offer for sale are not provided in the text. The most material risks include a high geographic concentration of sales in Gujarat, Maharashtra, and Karnataka, and a high dependency on subcontractors who are not governed by formal arrangements, which could adversely affect operations and client relationships.
What stands out
Risk factor. The majority of sales is concentrated in the states of Gujarat, Maharashtra and Karnataka, representing 68.21% of revenue from operations for the period ended February 28, 2026. Any adverse developments affecting operations in these states could have an adverse impact on the business, financial cond
Risk factor. The company outsources booth fabrication and related services, with 90.89% of revenue for the period ended February 28, 2026 derived from subcontractors. There are no executed registered formal arrangements with these subcontractors governing matters such as product specification, quality standards,
How the offer is structured
- Funding working capital requirements of the Company₹16.6 Cr
- General Corporate Purposes₹3.5 Cr
Restated financials
Revenue
₹30.5 Cr
Latest fiscal year
Profit after tax
₹2.2 Cr
Revenue CAGR
5.6%
Return on equity
8.5%
P/E at upper band
11.33
Only in a priced RHP
PAT CAGR
31.4%
| Fiscal year | Revenue | EBITDA | PAT | Net worth |
|---|---|---|---|---|
| 2023 | ₹25.9 Cr | ₹1.0 Cr | ₹8.1 Cr | |
| 2024 | ₹59.8 Cr | ₹6.3 Cr | ₹11.1 Cr | |
| 2025 | ₹51.5 Cr | ₹6.5 Cr | ₹18.5 Cr | |
| 2026 | ₹30.5 Cr | ₹2.2 Cr | ₹25.7 Cr |
Promoters, litigation & related parties
Promoter (pre)
94.5%
The company is involved in various legal proceedings arising in the ordinary course of business, primarily civil suits, criminal proceedings, regulatory proceedings, and tax disputes pending before various authorities. There is no outstanding legal proceeding against the Company which has been considered material in accordance with the Company's 'Policy for Determining Materiality of any Event'. The section discloses all outstanding criminal litigation and tax proceedings involving the Company, all outstanding civil litigation above the Materiality Threshold, all outstanding actions by statutory or regulatory authorities, any other outstanding litigations where an adverse outcome would materially and adversely affect the business, operations, prospects, reputation or financial position, and details of litigations involving the Directors and Promoters. There are no inquiries, inspections or investigations initiated or conducted under the Companies Act, 2013 in the last three years involving the Company, nor are there any prosecutions filed, fines imposed, or compounding of offences. There are no material frauds committed against the Company in the last three years. There are no significant and material orders passed by the regulators, courts and tribunals.
Risks the company discloses
The majority of sales is concentrated in the states of Gujarat, Maharashtra and Karnataka, representing 68.21% of revenue from operations for the period ended February 28, 2026. Any adverse developments affecting operations in these states could have an adverse impact on the business, financial condition, results of operations and cash flows.(Geographic Concentration)
The company outsources booth fabrication and related services, with 90.89% of revenue for the period ended February 28, 2026 derived from subcontractors. There are no executed registered formal arrangements with these subcontractors governing matters such as product specification, quality standards, and sales estimates. Any failure or delay by subcontractors to meet quality standards, cost expectations, or delivery timelines may adversely affect the ability to service clients, leading to reputational damage, loss of repeat business, and financial claims.(Third-Party Dependency)
The company is dependent on third-party outsourced subcontractors for services, including in foreign countries. This exposes the company to additional risks such as foreign exchange fluctuations, cross-border regulatory issues, geopolitical uncertainties, and potential logistical delays, making it vulnerable to cost escalations, supply chain disruptions, labour issues, and non-compliance with industry standards or regulatory requirements.(Third-Party Dependency)
The company operates its Registered Office and Godown Facilities on leased premises. There is no assurance that the company will be able to retain or renew such leases on the same or similar terms, or find alternate locations on favorable terms, or at all. Failure to adhere to lease conditions may lead to termination, revocation, or suspension of the relevant lease.(Lease Risk)
The company's funding requirements and the proposed deployment of the Net Proceeds of the Offer have not been appraised by any bank or financial institution and are based on management estimates.(Capital Allocation)
The company undertakes outsourcing in foreign countries. Any discontinuation of outsourced subcontractors or a failure to adhere to delivery schedules or required quality and quantity could hamper business operations. The company cannot assure that other outsourced subcontractors would be able to provide products compliant with quality standards in a timely and cost-effective manner or at all.(Third-Party Dependency)
The company operates on a leasehold basis for its Registered Office and Godown Facilities. If the company is required to vacate current premises, it may face significant increases in lease rental rates and may not be able to identify suitable locations to re-locate operations in a timely manner.(Lease Risk)
The company's Registered Office and Godown Facilities are located on leased premises. There is no assurance that the company will not default on the terms and conditions of the lease. In the event of a breach alleged by landlords, the company may face eviction.(Lease Risk)
How this document reads, dimension by dimension
Each bar is a fixed formula applied to the figures shown above, scored 0–100. This is a reading of what the company disclosed — not a recommendation to apply or avoid, not a price target, and not a prediction of listing performance. Dimensions that could not be extracted are excluded rather than assumed, so coverage varies between documents.

