E Factor Experiences Ltd - Stock Valuation and Financial Performance

E Factor Experiences was originally incorporated as a Private Limited Company under the name ‘E Factor Entertainment Private Limited’ on January 02, 2003 under the provisions of the Companies Act, 1956 with the Registrar of Companies, NCT of Delhi & Haryana. Subsequently, pursuant to Special Resolution passed by the Shareholders at the Extraordinary General Meeting, held on July 30, 2021, the name of the company was changed from ‘E Factor Entertainment Private Limited’ to ‘E Factor Experiences Private Limited’ and a fresh Certificate of Incorporation pursuant to change of name dated August 04, 2021 issued by the Registrar of Companies, Delhi. Further, pursuant to Special Resolution passed by the Shareholders at the Extraordinary General Meeting, held on August 16, 2021, the company was converted into a Public Limited Company and consequently the name of the company was changed from ‘E Factor Experiences Private Limited’ to ‘E Factor Experiences Limited’ vide a fresh certificate of incorporation dated September 30, 2021, issued by the Registrar of Companies, Delhi.

The company is an award-winning Indian event management company engaged in providing the consumers and community with event experiences, event services, technology based permanent & semi-permanent multimedia light & sound installations and specialized turnkey event assignments, wedding management, private and social event solutions. Its portfolio of services includes turnkey assignments in the form of Government commissioned Tourism Events and Festivals, techno-cultural light & sound shows, Sporting Events & Contests, Conferences, Mega Ground Concerts, Televised Events, private and social events like wedding and anniversary celebrations etc.

The company’s strength lies in the quality of the events and the experience of the events felt by the audience during its events which includes institutional turnkey assignments, private & social events including wedding, anniversary celebrations and other sort of celebratory functions for undertaken by it across the globe. It offers its customers with a wedding management process which is designed based on the customer requirements, that ensures a hassle-free wedding management experience. Apart from all the events that it curates and creates in its events business, the company entered into a permanent and sustained business with its experiential tourism brand, ‘Sky Waltz’ owned by its Subsidiary company namely E-Factor Adventure Tourism Private Limited. Skywaltz is engaged in the business of managing and operating hot air ballooning and yachting activities in multiple locations in India.

Business area of the company

The company is engaged in providing the consumers and community with event experiences, event services, technology based permanent & semi-permanent multimedia light & sound installations and specialized turnkey event assignments, wedding management, private and social event solutions.

History and milestones

• 2003: Incorporation of the company as ‘E Factor Entertainment Private Limited’ under the Companies Act, 1956.
• 2007-08: Acquired 80.00% stake in E Factor Adventure Tourism Private Limited through subscribing the equity shares pursuant to which it became its Subsidiary Company.
• 2017-18: Crossed Rs 25 crore revenue mark in Financial Year 2021-22.
• 2021: Change in the name of the company from E Factor Entertainment Private Limited to E Factor Experiences Private Limited.
• 2021: Conversion of the Company from Private Limited to Public Limited.
• 2022-23: Acquired 40.98% stake in Untamed Leisure And Hospitality Private Limited (formerly known as E Factor Leisure And Hospitality Private Limited) through subscribing the equity shares pursuant to which it became its Associate Company.
• 2022-23: Crossed Rs 100 crore revenue mark in Financial Year 2022-23.