Q1. What is the business of Expression 360 Services India Limited ?

It is an integrated advertising and marketing communications company offering events, exhibitions, media buying, digital marketing, branding, and government outreach solutions.

Q2. Why is the company raising funds via IPO?

The IPO is primarily an Offer for Sale (OFS), allowing existing shareholders to partially monetize holdings while helping the company gain broader market visibility and listing benefits.

Q3. What is the size of the issue and where will it list?

The IPO comprises fully Offer for Sale (OFS) of ~1.5 Cr Equity Share. It will be listed on NSE and BSE platform.

Q4. What are the key risks to an investor?

Risks include dependence on government contracts, project-based revenue volatility, intense competition in advertising services, and delays in public sector spending cycles.

Q5. What are the potential upsides?

The company benefits from strong government relationships, diversified communication services, profitable operations, growing revenues, and increasing demand for integrated marketing solutions.

Q6. How to apply for the IPO?

Investors can apply for the IPO through ASBA via net banking or using UPI through registered stock brokers once the IPO opens for subscription.

Expression 360 Services India Ltd

Upcoming

Expression 360 Services India Ltd

Market Cap

₹ 268 – 326 Cr

IPO Issue Size

15,000,000 Equity Shares

Expected Price by IPOCorner

₹ 45-55

IPO Score

*Score varies on actual price

Expression 360 Services India Limited is an integrated marketing communications and advertising company that provides event management, exhibitions, trade fairs, brand activation, media planning & buying, digital marketing, creative advertising, and content production services. The company mainly serves government ministries, public sector undertakings (PSUs), Smart Cities, and private sector clients through a single-window communication solutions model.

Expression 360 Services India Limited was incorporated in 2010 & currently Mr. Mohit Gupta serves as the Managing Director of the company.

Expression 360 Services India Limited filed its DRHP with SEBI on March 30, 2026. The IPO features completely an Offer for Sale (OFS) of ~1.5 Cr Equity Shares. It provides integrated marketing communication services including event management, exhibitions & trade fairs, brand activation, media planning & buying, digital marketing, creative advertising, and content production.

Subscription date to apply for Expression 360 Services India Limited is yet to be announced. Price band for the IPO is yet to be declared.

15,000,000 Equity Shares

Fresh Issue

N/A

Offer for Sale

15,000,000 Equity Shares

Year	2025
Networth	₹ 53.54 Cr
Revenue	₹ 280.22 Cr
EBITDA	₹ 38.95 Cr
PAT	₹ 27.20 Cr
EBITDA Margin	13.90%
PAT Margin	9.71%
Face Value	Rs.05 per Equity Share

IPO Important Dates

#	Date
Open Date	TBA
Close Date	TBA
Anchor Investor Bidding	TBA
Allotment Date	TBA
Refunds& Demat Credit	TBA
Tentative Listing Date	TBA

Use Of Proceeds

Purpose	Amount
-	-
-	-
-	-
-	-
-	-
General Corporate Purpose	Balance

Financial Data

#	2023	2024	2025
Revenue (₹ Cr)	₹ 115.5	₹ 223.4	₹ 280.2
PAT (₹ Cr)	₹ 7.6	₹ 14.7	₹ 27.2
Asset (₹ Cr)	₹ 50.5	₹ 72.7	₹ 118.9
Net Worth (₹ Cr)	₹ 11.6	₹ 26.4	₹ 53.5

IPO Grey Market Premium

Date	IPO Price	IPO GMP	Profit Per Lot
17-July	₹ –	₹ –	₹ –
16-July	₹ –	₹ –	₹ –
15-July	₹ –	₹ –	₹ –
14-July	₹ –
13-July	₹ –

Pros

Strong revenue growth with FY25 revenue of about ₹280 crore and healthy profitability.
Established presence in government advertising, exhibitions, and public communication projects.
Diversified service portfolio covering events, media buying, digital marketing, and brand activation.
Long-standing relationships with ministries, PSUs, and Smart City projects create entry barriers.
Asset-light business model with relatively low capital expenditure requirements.

Cons

Heavy dependence on government and PSU contracts for a significant portion of revenue.
No disclosed market leadership or dominant market share in a highly competitive industry.
IPO consists largely of an Offer for Sale (OFS), meaning proceeds may not directly fund business growth.
Revenue can be project-based and susceptible to delays in government spending and approvals.
IPO valuation and price band are not yet disclosed, making it difficult to assess attractiveness at this stage.

Promoters – Pre offer equity (Approx)

Promoters	% Shares
Mohit Gupta	71.43%
Kanupriya Gupta	15.02%
Ramesh Kumar Gupta(HUF)	9.02%
Ramesh Kumar Gupta	-
-	-
-	-

Lot Size details

Application Type	Lot Size	No. of Lot	No. of Shares	Investment Amount
Retail (Min)	–	1	–	₹ –
Retail (Max)	–	13	–	₹ –
HNI (Min)	–	14	–	₹ –
HNI (Max)	–	66	–	₹ –
Big HNI (Min)	–	67	–	₹ –

Key Performance Index (KPI)

ROE	68.05%
ROCE	68.07%
RoNW	50.80%

Lead / Book Running Lead Managers

Smart Horizon Capital Advisors Private Limited, Swaraj Shares and Securities Private Limited

Registrar (RTA)

MUFG Intime India Private Limited

Q1. What is the business of Expression 360 Services India Limited ?
It is an integrated advertising and marketing communications company offering events, exhibitions, media buying, digital marketing, branding, and government outreach solutions.
Q2. Why is the company raising funds via IPO?
The IPO is primarily an Offer for Sale (OFS), allowing existing shareholders to partially monetize holdings while helping the company gain broader market visibility and listing benefits.
Q3. What is the size of the issue and where will it list?
The IPO comprises fully Offer for Sale (OFS) of ~1.5 Cr Equity Share. It will be listed on NSE and BSE platform.
Q4. What are the key risks to an investor?
Risks include dependence on government contracts, project-based revenue volatility, intense competition in advertising services, and delays in public sector spending cycles.
Q5. What are the potential upsides?
The company benefits from strong government relationships, diversified communication services, profitable operations, growing revenues, and increasing demand for integrated marketing solutions.
Q6. How to apply for the IPO?
Investors can apply for the IPO through ASBA via net banking or using UPI through registered stock brokers once the IPO opens for subscription.