Exhicon Events Media Solutions acquires 76% stake in Perfect Octave

Exhicon Events Media Solutions Ltd. | Professional Services | Miscellaneous | BSE: 543895 | NSE:

26 Aug 2024 Evaluate

Exhicon Events Media Solutions has acquired a 76% majority stake in Perfect Octave for a total consideration of Rs 8.52 crore. The acquisition will be executed through a mix of cash and equity, with Exhicon paying Rs 51 lakh in cash and issuing 2,00,459 equity shares at Rs 400 per share. This transaction is subject to the necessary approvals from the Board, exchange, and relevant authorities. The company's 8th subsidiary acquisition since its listing continuously showcases its strategic initiatives to be the leader of the Events & Exhibitions industry.

From a financial perspective, this acquisition represents a strategic value investment for the company. Perfect Octave's enterprise value is pegged at Rs 11.22 crore. In FY 2024, the company reported revenue of Rs 13 crore and a PAT of Rs 1.25 crore, reflecting a 9.6% margin. Looking forward, a 40% revenue growth is projected for FY 2025, with an anticipated increase in PAT margin to 15%.

This acquisition aligns with the company’s strategic vision to expand its presence in the live events and music concert sector. By integrating Perfect Octave’s capabilities, the company aims to collaborate with renowned musicians and emerging talents, potentially increasing revenue from live performances and brand endorsements. Furthermore, Perfect Octave’s existing partnerships with reputable music institutions present new opportunities in music education, creating an additional revenue stream for the company.

Exhicon Events Media Solutions provides products and services for the exhibition, conferences, and events industry. The company offers media to integrated marketing solutions, event infrastructure, and management to organizing solutions to B2B and B2C fairs and events.

Exhicon Events Media Share Price

522.90 12.80 (2.51%)

07-May-2026 16:01 View Price Chart

Peers

Company Name	CMP
Quess Corp	227.75
SIS	396.90
TeamLease Services	1348.90
Bluspring Enterprise	68.47
Updater Services	166.40
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Fiduciary-first advisory model.
As SEBI-registered IAs, we are legally and ethically bound to act in the best interests of our clients. We do not sell or distribute any financial products. This ensures our guidance is 100% unbiased and conflict-free.
Deep fundamental research + robust valuation discipline.
Built on more than 15 years of equity research, our framework combines quality assessment, intrinsic value estimation, and a sensible margin-of-safety approach.
Process—not predictions.
We don’t rely on guesswork or market timing. Instead, we focus on asset allocation, risk management, and long-term compounding.
Technology + Human Intelligence.
We believe a combination of both is essential for investing success. We constantly innovate and upgrade in-house tools, financial X-rays, and portfolio analytics so that our team of analysts and advisors are equipped with the best.
Partner with Clients.
We follow a DIWM (Do-It-With-Me) approach where we partner clients in setting goals, financial planning, educating on our investing process and share decision-enabling resources transparently with our clients who retain control on execution.

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

Investing in stocks, mutual funds, debt, and gold
Quality-at-Reasonable-Price way of investing in stocks
Constructing Direct Stock Portfolios with Core, Booster, and Amplifier stocks
A Mutual Fund Portfolio that delivers consistent out-performance and meaningful diversification (low overlap)
Periodic review and rebalancing
Clear Buy-Sell-Hold, and Position-sizing frameworks

Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
Logo:
Trade/Brand Name of IA:	MoneyWorks4Me Investment Advisers
Brand Logo:
SEBI Registration Number:	INA000013323 Validity – May 16, 2019 – Perpetual
Registration:	Non-Individual
BSE Enlistment No:	1187
Address:	B-101, Signet Corner Building, Balewadi Phata, Baner, Pune, Maharashtra 411045
Compliance officer Details:	Name: Shrikant Jagtap Email: shrikant.jagtap@moneyworks4me.com Telephone: +919860359463 Address: Same as IA
Grievance Officer Details:	Name: Mukta Vaze Email: mukta.vaze@moneyworks4me.com Telephone: +91 98609 19463 Address: Same as IA
Principal Officer Details:	Name: Atharva Bhide Email: atharva.bhide@moneyworks4me.com Telephone: +91 91758 99463 Address: Same as IA
Standard Warning:	Investment in securities market are subject to market risks. Read all the related documents carefully before investing.
Disclaimer:	Registration granted by SEBI, enlistment with exchange and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.