The initial public offering (IPO) of Propshop Events & Exhibitions Limited opened for public subscription on July 27, 2026, aiming to raise ₹28.57 crore at a price band of ₹65 to ₹69 per share. Bidding remains open until July 29, 2026, ahead of the company's proposed listing on the NSE SME platform on August 3, 2026.Propshop Events & Exhibitions IPO: Key Details in 10 PointsIPO Opening & Closing Dates: The SME book-built issue opened for bidding on July 27, 2026, and will close on July 29, 2026.Price Band: The equity share price band has been fixed between ₹65 and ₹69 per share (face value of ₹10 each).Issue Size: Propshop aims to raise ₹28.57 crore, consisting of a fresh issue of 33.40 lakh shares worth ₹23.05 crore and an Offer for Sale (OFS) of 8.00 lakh shares worth ₹5.52 crore.Lot Size & Investment: The minimum lot size is 2,000 shares. Retail individual investors must apply for a minimum of 2 lots (4,000 shares), requiring an investment of ₹2,76,000 at the upper cap.Grey Market Premium (GMP): As of Day 1, the grey market premium stands at ₹0, indicating that shares are trading at par in informal trades ahead of listing.Subscription Status: Early Day 1 bidding shows initial participation at 0.02x overall, with retail investors filling around 0.04x of their allotted quota.Company Profile: Founded in 2019, Propshop Events & Exhibitions Limited specializes in end-to-end trade show solutions, providing design, 3D visualization, project management, and modular booth fabrication across industrial, healthcare, media, and consumer sectors.Financial Performance: The company registered total revenue of ₹59.94 crore and a net profit (PAT) of ₹6.46 crore for the 11-month period ended February 28, 2026, building on FY25 revenue of ₹51.59 crore.Lead Manager & Registrar: Unistone Capital Pvt. Ltd. is serving as the lead manager for the issue, while MUFG Intime India Pvt. Ltd. is the official registrar.Allotment & Listing Schedule: The basis of share allotment is expected to be finalized on July 30, 2026, with initiation of refunds and credit of shares on July 31, followed by a tentative listing on the NSE SME platform on August 3, 2026.Also Read :- REC Share Price Extends Rally for Second Straight Session After Strong Q1 FY27 Results
