Exhicon Events Completes Messe Global Convention Centre in Pune, Boosting Asset Base and Revenue Potential

Exhicon Events Media Solutions Ltd. has successfully completed its Messe Global Convention Centre Project in Mundhwa, Pune. The 5-acre project includes Pune's largest indoor convention hall and extensive outdoor event spaces, with a combined facility capacity of up to 45,000 attendees. The venue is designed to host various events, including large conventions, exhibitions, corporate meetings, and social events. Based on current market indicators, the financial outlook for the project is promising, with an estimated stabilised annual operating revenue of INR 40-50 crore and an expected EBITDA margin post stabilization of 25-30%. The completion of the project is expected to strengthen the company's asset base, enhance long-term revenue visibility, and improve consolidated profitability upon stabilization.