Eventions Ltd.
PROSPECTUS · filed 30 Sept 2026
Eventions Ltd. is a company that provides event management services, and it plans to raise funds through a fresh issue of shares. The company's profit after tax margins have increased significantly in recent years, but this trend may not be sustainable due to its dependence on a limited number of customers. The draft prospectus highlights high risks related to customer concentration, the sustainability of profitability, and the performance of its subsidiary, Gantu Online Private Limited, which has limited operating history and generated minimal revenue.
What stands out
Auditor qualification. there were 03 qualifications in Auditor's Report on the Audited Financial Statements of the Company for the year ended March 31, 2024, which require any adjustments to the Restated Financial Information
Risk factor. Our Company derives a significant portion of its revenues from a limited number of customers, a substantial proportion of which comprises repeat engagements, and any reduction, delay, or discontinuation of business from such customers could materially affect our revenues and profitability.
Risk factor. Our PAT margins increased significantly in Fiscal 2025 and Fiscal 2026, and such increased profitability levels and dependence on a limited number of customers may not be sustainable in future periods.
Risk factor. We intend to utilise a portion of the Net Proceeds towards investment in our subsidiary, Gantu Online Private Limited, which is at an early stage of operations with limited operating history and limited experience in the travel and FIT services business, and any underperformance of such subsidiary m
How the offer is structured
- Repayment and/or pre-payment, in full or part, of certain borrowings availed by our Company₹7.0 Cr
- Investment in Subsidiary₹1.4 Cr
- To meet working capital requirements₹18.8 Cr
- General Corporate Purpose
Promoters, litigation & related parties
Promoter (pre)
99.4%
Risks the company discloses
Our Company derives a significant portion of its revenues from a limited number of customers, a substantial proportion of which comprises repeat engagements, and any reduction, delay, or discontinuation of business from such customers could materially affect our revenues and profitability.(Customer Concentration)
Our PAT margins increased significantly in Fiscal 2025 and Fiscal 2026, and such increased profitability levels and dependence on a limited number of customers may not be sustainable in future periods.(Profitability Sustainability)
We intend to utilise a portion of the Net Proceeds towards investment in our subsidiary, Gantu Online Private Limited, which is at an early stage of operations with limited operating history and limited experience in the travel and FIT services business, and any underperformance of such subsidiary may adversely affect our business, financial condition and results of operations.(Subsidiary Performance)
Gantu Online Private Limited has generated limited revenues since commencement of operations, recording revenue from operations of approximately INR 26.21 lakhs for the Financial Year ended March 31, 2025, and approximately INR 313.68 lakhs for the financial year ended March 31, 2026.(Subsidiary Performance)
There can be no assurance that the favourable event mix, increased contribution from premium international events or improved margin profile will continue in future periods.(Event Mix Volatility)
Our engagements with customers are typically project-based and are not governed by long-term contractual commitments. Accordingly, our customers are not obligated to provide us with future business and may reduce, delay or discontinue their engagements with us at any time.(Contractual Commitments)
Any significant reduction in business from, or loss of, one or more of our key customers or repeat clients could materially and adversely affect our revenue, profitability, and overall business operations.(Customer Concentration)
The subsidiary has limited experience in scaling operations in the travel and FIT business segment.(Subsidiary Performance)
No dimension score is published for this filing. Too few sections could be read from the document to score it without guessing, and a score built on two fields would say more about our extraction than about the company.