Market leadership in exhibition infrastructure and brand recognition.
Comprehensive domain know-how across verticals in the MICE industry and integrated solution provider.
Integrated infrastructure and onsite amenities, including the ability to provide a bouquet of services for
organising exhibitions and conferences.
Diversified revenue streams supported by strong relationships with industry stakeholders.
Experienced management team with sector expertise.
Proprietary, scalable technology platform strengthening the exhibitor and visitor experience and enabling
data-driven business operations.
The company's business is substantially dependent on the India Expo Centre and Mart, which is its sole large-format
exhibition venue and the company does not operates any other exhibition venue of comparable scale in India as of the
date of this Draft Red Herring Prospectus. Any disruption to its operations could have a material adverse
effect on the company's business, financial condition and results of operations.
The company's revenue is concentrated in its Third-Party Events vertical, which accounted for Rs.1,640.27 million,
Rs.1,429.07 million, and Rs.1,184.01 million, amounting to 56.44%, 59.26% and 60.80% of the company's revenue from
operations in Fiscals 2026, 2025 and 2024, respectively. The loss of, or a significant reduction in, bookings
from key third-party event organisers could materially and adversely affect its business and results of
operations.
The company's revenue from the Third-Party Events vertical is concentrated among a limited number of large-format
events, and the cancellation, postponement, non-recurrence or reduction in scale or frequency of any such
event could materially adversely affect its revenue from the Third-Party Events vertical and the company's business,
results of operations and financial condition.
The company's revenue from events and exhibitions is concentrated among a limited number of customers, and the
loss of, or a significant reduction in business from, any of its major customers could materially adversely
affect the company's business, results of operations, financial condition and cash flows.
The company work with third-party service providers whose actions are outside of its control and could materially
and adversely affect the company's business, financial condition and results of operations. Further, its expenses are
concentrated among a limited number of third-party service providers and suppliers.
All of the company exhibition and convention infrastructure is situated on land held on long-term leasehold basis
from the Greater Noida Industrial Development Authority and any adverse development in relation to
these leases including non-renewal, termination, enforcement action or restrictions imposed by GNIDA
could have a material adverse effect on the company's business.
The company's business is subject to event-cycle variability, and its results may fluctuate from period to period.
The Company has filed an exemption application dated August 17, 2026, with SEBI for seeking exemption
under Regulations 300(1)(c) of the SEBI ICDR Regulations from identifying Uttar Pradesh Export
Promotion Council (the "Relevant Company"), as a group company owing to their refusal to be identified
or disclosed as part a Group Company in the Offer Documents or in connection with the Offer, or for any
such purposes in the future.
The company's Own Intellectual Properties (IP) vertical involves the development and operation of events for which
its bear full commercial risk, and any failures to successfully develop, protect or monetise the company Own IPs
could adversely affect its business.
The company's Hotels and Hospitality vertical is dependent on the event calendar at its India Expo Centre and Mart,
and the company hospitality properties faces tenure and operational risks that could adversely affect its business,
results of operations and financial condition.
