Mach Conferences and Events IPO Details
SME
Mach Conferences and Events IPO opens for subscription on 04 Sep 2024 and closes on 06 Sep 2024. The IPO will be listed on BSE with the tentative listing date set for 11 Sep 2024.
Mach Conferences and Events IPO price band has been fixed at ₹214 – ₹225 per share.The face value is ₹10 per share with a lot size of 600.
Mach Conferences and Events IPO total issue size comprises 55,68,000 shares (aggregating up to ₹125.28 Cr). This includes a fresh issue of 22,29,000 shares (aggregating up to ₹50.15 Cr). Offer for Sale consists of 33,39,000 shares (aggregating up to ₹75.13 Cr). Pre-issue shareholding stands at 1,88,08,100, which will increase to 2,10,37,100 post-issue.
Mach Conferences and Events IPO carries a ₹145 (64.44%) GMP, reflecting investor sentiment.
Mach Conferences and Events IPO Lot Size : Retail Minimum is 1 lot (600 shares) amounting to ₹135,000. Retail Maximum is 1 lot (600 shares) amounting to ₹135,000. SHNI Minimum is 2 lots (1,200 shares) amounting to ₹270,000.
The Lead Managers for Mach Conferences and Events IPO are crucial for the offering's success. They are responsible for a wide range of tasks, including preparing the company for the public market, managing the regulatory filings, and marketing the IPO to potential investors. The lead manager for this offering is Beeline Capital Advisors Pvt Ltd. To assess their past performance and success in previous IPOs, you can view the Lead Manager Performance Summary report.
For SME (Small and Medium-sized Enterprise) IPOs, a Market Maker is appointed to ensure liquidity and stability for the stock once it is listed. They do this by continuously quoting bid and ask prices, ensuring there is a market for the shares. The appointed market maker for this IPO is Spread X Securities. You can analyze their track record by checking the Market Maker Performance Summary report.
For detailed information, Refer to the Mach Conferences and Events Limited RHP.
Mach Conferences and Events IPO Details
Mach Conferences and Events IPO Subscription
Mach Conferences and Events IPO Application Wise Breakup
Mach Conferences and Events IPO Dates
- 04 Sep 2024Opening dateOpen
- 06 Sep 2024Closing dateClose
- 09 Sep 2024Allotment Date Allotment
- 10 Sep 2024Initiation of RefundsRefund
- 10 Sep 2024Credit of SharesCredit
- 11 Sep 2024Listing dateListing
Mach Conferences and Events IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 | 600 | ₹135,000 |
| Retail Maximum | 1 | 600 | ₹135,000 |
| SHNI Minimum | 2 | 1200 | ₹270,000 |
| SHNI Maximum | 0 | 0 | ₹ |
| BHNI Minimum | 0 | 0 | ₹ |
Mach Conferences and Events IPO Reservation
Promoter Holding
Mach Conferences and Events IPO Valuations
Mach Conferences and Events Financial Information
Mach Conferences and Events Limited's revenue increased by 68% and profit after tax (PAT) rose by 197% between the financial year ending with March 31, 2024 and March 31, 2023.
| Period Ended | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 | |||||||||||||||||||||||||||
| 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 | |||||||||||||||||||||||||||
| Net Worth | 4,956.72 | 2,238.47 | 1,357.71 | |||||||||||||||||||||||||||
| Reserves and Surplus | 3,075.91 | 2,233.47 | 1,352.71 | |||||||||||||||||||||||||||
| Total Borrowing | 1,233.08 | 988.53 | 509.69 | |||||||||||||||||||||||||||
| Amount in ₹ Lakhs | ||||||||||||||||||||||||||||||
About Mach Conferences and Events IPO
Mach Conferences and Events Limited was founded in 2004 and 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.
Strength Of Mach Conferences and Events IPO
Risk Of Mach Conferences and Events IPO
Objectives Mach Conferences and Events IPO
- To Meet Working Capital Requirements
- General Corporate Purpose
Company Contact Details
Mach Conferences and Events Limited
Office No-4, 2nd/Floor, Master Space, Plot No-27,
Kh/Mustatil No.-154, Killa No-19/2, Uggarsain Park
Najafgarh Street No 2, Najafgarh, NewDelhi 110043
Phone: +91 120 4747000
Email: compliance@machconferences.com
Website: http://www.machconferences.com/
Registrar Contact Details
Lead Mangers
Lead Manager Reports
Market Maker
Market Maker Reports
Mach Conferences and Events IPO - FAQs
The Mach Conferences and Events IPO is a SME public issue comprising 5568000 equity shares with a face value of ₹10 each, aggregating to a total issue size of ₹125.28 Cr. The issue price has been fixed at ₹225 per equity share, and the minimum application size is 600 shares.
The IPO opens for subscription on 04 Sep 2024, and closes on 06 Sep 2024.
Skyline Financial Services Pvt Ltd has been appointed as the registrar to the issue. The equity shares are proposed to be listed on the BSE
As of now, the current GMP stands at ₹145 (64.44%).