Mach Conferences and Events Limited IPO

BSE SME

Listed On: Sep 11, 2024 at ₹ 300.0

₹ 135000 /600 Shares

Check Allotment

Mach Conferences and Events IPO Details

04 Sep, 2024

Open Date

06 Sep, 2024

Close Date

09 Sep, 2024

Allotment Date

11 Sep, 2024

Listing Date

Issue Price

₹214-225 per equity share

Face Value

₹10 Per Equity Share

Listing at Group

BSE SME

Registrar

Skyline Financial Services Private Ltd

List Price

300.0

Listing Date

2024-09-11

Market Lot

600 Shares (₹135,000/-)

Lead Manager

Beeline Capital Advisors Pvt Ltd

Issue Size

5,568,000 shares(aggregating up to ₹125.28 Cr)

Retail Portion

35%

Subscription

196.51 times

IPO Docs

DRHP RHP

Mach Conferences and Events IPO Subscription Details

As on	QIB / NII	Retail	Total
Shares Offered / Reserved	1,053,600 / 791,400	1,845,000	3,690,000
Day 1 - 04-09-24 06:00 PM	3.52 / 7.85 x	9.88 x	7.63 x
Day 2 - 05-09-24 06:00 PM	4.05 / 21.85 x	33.53 x	22.61 x
Day 3 - 04-09-24 06:00 PM	146.66 / 403.68 x	136.11 x	196.51 x

Total No. of Applications: 4,55,933 (Approx)

Mach Conferences and Events Valuations

EPS Pre IPO

₹13.92/-

EPS Post IPO

₹12.45/-

P/E Pre IPO

16.16

P/E Post IPO

18.08

RoNW

52.82%

Mach Conferences and Events Company Financials All values are in ₹ Lakh

	31-Mar-24	31-Mar-23	31-Mar-22
Assets	10,133.75	5,772.64	4,049.21
Revenue	23,898.58	14,193.89	2,383.88
Profit After Tax	2,618.29	880.76	-260.63

About The Company

Mach Conferences and Events Limited offers a comprehensive range of customized services for the MICE (Meetings, Incentives, Conferences, Exhibitions) and events sector.

The company specializes in conference management, exhibition management and global event planning. The company also takes care of all logistical aspects of events at specific destinations. This includes venue selection, accommodation, transportation logistics, local activities and on-site coordination.

The company's clients come from the banking, finance, and insurance sectors. The company has also worked for various industries including hospitality, infrastructure, FMCG, etc. In the last financial years i.e. 2023-24, the company has conducted 90 events including London, Mussoorie, Bangalore, South Korea, Paris, Goa, Srinagar, Singapore, etc. The average revenue for conducting such events in FY 2023-24 was Rs. 263.62 lakhs per event.

The company is present with co-working spaces in more than 18 states and union territories including Delhi, Maharashtra, Kolkata, Assam, Tamil Nadu, Jammu & Kashmir, Himachal Pradesh, Goa, Rajasthan etc.

As of March 31, 2024, the company had a total of 55 employees.

Mach Conferences and Events - Promoter(s)

Pre Issue Share Holding: 95.97%

Post Issue Share Holding: 69.92%

Company Promoter(s)

Amit Bhatia
Laveena Bhatia

Mach Conferences and Events IPO - Issue Objectives

To Meet Working Capital Requirements
General Corporate Purpose

Mach Conferences and Events IPO - FAQs

Ans. Mach Conferences and Events Limited IPO is a SME IPO. The issue is priced at ₹214-225 per equity share. The minimum order quantity is 600 Shares. The IPO opens on Sep 4, 2024, and closes on Sep 6, 2024. Skyline Financial Services Private Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE SME.

Ans. The Mach Conferences and Events Limited IPO opens on Sep 4, 2024 and closes on Sep 6, 2024.

Ans. The size of Mach Conferences and Events Limited IPO is 5,568,000 shares(aggregating up to ₹125.28 Cr).

Ans. The IPO price band is set between ₹214-225 per equity share.

Ans. To apply for Mach Conferences and Events Limited IPO IPO, follow the steps given below:

- Open the IPO Ji App or Website
- Find Mach Conferences and Events Limited IPO in the List of IPOs
- Press "Apply" Button
- Select Your Demat Account
- Select Your Shares Quantity and Submit
- Track Your IPO Status

Ans. The share allotment date of Mach Conferences and Events Limited IPO is Sep 9, 2024.

Ans. The Mach Conferences and Events Limited IPO will be listed on Sep 11, 2024.

Ans. Follow the steps to check the allotment status for Mach Conferences and Events Limited IPO here.