Mach Conferences and Events IPO Details

SME BSE

Mach Conferences and Events IPO Summary

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

Listing Price : ₹300 at a Premium of 33.33%

Open Date

04 Sep 2024

Close Date

06 Sep 2024

Listing Date

11 Sep 2024

Issue Price

₹214 - ₹225

Face Value

₹10 per share

Lot Size

600 Shares

GMP

₹145(64.44%)

Issue Type

IPO

Listing On

BSE

Type

Book Built Issue

Pre-issue Shareholding

1,88,08,100 shares

Post-issue Shareholding

2,10,37,100 shares

Total Issue Size

55,68,000 shares(aggregating up to ₹125.28 Cr)

Fresh Issue

22,29,000 shares(aggregating up to ₹50.15 Cr)

Offer for Sale

33,39,000 shares(aggregating up to ₹75.13 Cr)

Mach Conferences and Events IPO Subscription

Mach Conferences and Events IPO Application Wise Breakup

Mach Conferences and Events IPO Dates

04 Sep 2024
Opening dateOpen
06 Sep 2024
Closing dateClose
09 Sep 2024
Allotment Date Allotment
10 Sep 2024
Initiation of RefundsRefund
10 Sep 2024
Credit of SharesCredit
11 Sep 2024
Listing 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

Pre Issue:

95.97%

Post Issue:

69.92%

Promoter Names:

Amit Bhatia, Laveena Bhatia

Documents

DRHP

Mach Conferences and Events IPO DRHP

RHP

Mach Conferences and Events IPO RHP

Anchor List

Anchor Investors

Basis of Allotment

BOA Document

Mach Conferences and Events IPO Valuations

ROE72.78%

ROCE57.57%

RoNW52.82%

P/BV8.54

PAT Margin (%)11.04

EPS Pre IPO13.92

EPS Post IPO12.45

P/E Pre IPO16.16

P/E Post IPO18.08

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

To be announced

Risk Of Mach Conferences and Events IPO

To be announced

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

Name:

Skyline Financial Services Pvt Ltd

Phone:

+91-22-28511022

Email:

ipo@skylinerta.com

Website:

https://www.skylinerta.com/ipo.php

Lead Mangers

Market Maker

Mach Conferences and Events 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

The Mach Conferences and Events IPO opens on 04 Sep 2024.

Mach Conferences and Events IPO lot size is 600, and the minimum amount required for application is ₹135000.

You may apply for the Mach Conferences and Events IPO online by using either the UPI or ASBA payment method. The ASBA facility is available through the net banking platform of your respective bank. The UPI-based IPO application option is typically provided by brokers that do not offer banking services. For detailed guidance on the online IPO application process, please refer to the procedures outlined by Zerodha, Groww, Upstox, 5Paisa, Paytm Money, Fyers, Alice Blue, Nuvama, HDFC Bank, ICICI Direct, Kotak Securities, Axis Direct, and SBI Bank.

The Basis of Allotment for the Mach Conferences and Events IPO is scheduled to be finalized on 09 Sep 2024. Subsequently, the shares allotted will be credited to investors’ demat accounts by 10 Sep 2024. Investors are advised to regularly check the Mach Conferences and Events IPO allotment status for updates.

The listing date for the Mach Conferences and Events IPO has not yet been officially announced. However, the tentative listing date is scheduled for 11 Sep 2024.

Mach Conferences and Events IPO Grey Market Premium (GMP) refers to the unofficial price at which the company’s IPO shares are traded in the grey market prior to their listing on the stock exchange. The GMP serves as an indicator of investor demand, expected listing gains, and the overall market sentiment toward the IPO.

As of now, the current GMP stands at ₹145 (64.44%).