IIFA Utsavam is an award ceremony organized by Wizcraft International to honour both artistic and technical excellence in Malayalam, Tamil, Telugu and Kannada Cinema. IIFA Utsavam IIFA was likely to be held in Hyderabad between 4—6 December 2015. But was postponed due the 2015 Chennai floods. Later, show was rescheduled and held from January 24—25, with the proceeds of the events going on to help with recuperation efforts from the 2015 Chennai floods. The venue for the IIFA 2016 was Gachibowli Athletic Stadium, Hyderabad.
On the very first day of the two day show, honoured the artists and technicians from Malayalam and Tamil industries. The next day was dedicated to the Telugu and Kananda industries.
Shiva, Venkat Prabhu, Allu Sirish, Navdeep, Regina Cassandra, Vijay Raghavendra and Akul Balaji host the show.
Various Award categories include award for Best Film, Best Director, Best Actor, Best Actor in a Supporting Role, Best Actress Best Actress in a Supporting Role, Best Comedian, Best Actor in a Negative Role, Best Music Director, Best Lyricist, Best Male Playback Singer and Best Female Playback Singer.