Mach Conferences and Events IPO Date, Review, Price, Allotment Details

Mach Conferences and Events IPO open date is September 4, 2024 and the IPO will close on September 6, 2024. Mach Conferences and Events is a Book Built Issue. The company to raise around ₹125.28 crores via IPO that comprises fresh issue of ₹50.15 crores and offer for sale up to 3,339,000 equity shares with face value of ₹10 each.

Mach Conferences and Events IPO price band is ₹214 to ₹225 per share. The retail quota is 35%, QIB is 50%, and HNI is 15%. Mach Conferences and Events IPO to list on BSE on September 11, 2024. The allotment of Mach Conferences and Events IPO date is September 9, 2024.

The company reported revenue of ₹238.99 crores in 2024 against ₹141.94 crore in 2023. The company reported profit of ₹26.18 crores in 2024 against profit of ₹8.81 crores in 2023. As per the financials the IPO investors should apply the IPO for a long term.

Mach Conferences and Events IPO

Mach Conferences and Events IPO Details

IPO Open Date:September 4, 2024
IPO Close Date:September 6, 2024
Face Value:₹10 Per Equity Share
IPO Price Band:₹214 to ₹225 Per Share
Issue Size:Approx ₹125.28 Crores
Fresh Issue:Approx ₹50.15 Crores
Offer for Sale:Approx 3,339,000 Equity Shares
Issue Type:Book Built Issue
IPO Listing:BSE SME
Retail Quota:Not more than 35%
QIB Quota:Not more than 50%
NII Quota:Not more than 15%
DRHP Draft Prospectus:Click Here
RHP Draft Prospectus:Click Here
Anchor Investors List:Click Here

Mach Conferences and Events IPO Market Lot

The Mach Conferences and Events IPO minimum market lot is 600 shares with ₹135,000 application amount.

ApplicationLot SizeSharesAmount
Retail Minimum1600₹135,000
Retail Maximum1600₹135,000
HNI Minimum21200₹270,000

Mach Conferences and Events IPO Dates

The Mach Conferences and Events IPO date is August 27 and the close date is August 29. The Mach Conferences and Events IPO allotment will be finalized on August 30 and the IPO listing on September 3.

IPO Open Date:September 4, 2024
IPO Close Date:September 6, 2024
Basis of Allotment:September 9, 2024
Refunds:September 10, 2024
Credit to Demat Account:September 10, 2024
IPO Listing Date:September 11, 2024

Promoters of Mach Conferences and Events

The promoters of the company are Amit Bhatia and Laveena Bhatia.

About Mach Conferences and Events

Mach Conferences and Events is a pioneer in the MICE industry, providing an array of services like arranging, coordinating, and carrying out formal Meetings, Incentives, Conferences, and Events across the globe. They conducted over 300+ large and medium-sized events in the last 3 years having 30+ of the most elite brands. They have worked across multiple countries with a team of 55 dedicated co-workers.

Mach Conferences and Events has more than 20 years of experience and certifications from IATA, ADTOI, IATO, and PATA. The company offers end-to-end services for corporate meetings, conferences, trade shows, and other gatherings, facilitating seamless planning, execution, and coordination. They cater to the Banking, Finance, and Insurance sectors while they have worked for various other industries like Hospitality, Infrastructure, FMCG, etc.

Mach Conferences and Events Company Financial Report

The company reported revenue of ₹238.99 crores in 2024 against ₹141.94 crores in 2023. The company reported a profit of ₹26.18 crores in 2024 against a profit of ₹8.81 crores in 2023.

Amount ₹ in Crores

Period EndedRevenueExpenseProfit After TaxAssets
2022₹23.84₹25.94₹2.61₹40.49
2023₹141.94₹131.25₹8.81₹57.72
2024₹238.99₹204.13₹26.18₹101.34

Mach Conferences and Events IPO Valuation – FY2024

Check Mach Conferences and Events IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.

KPIValues
ROE:72.78%
ROCE:57.57%
EBITDA Margin:14.56%
PAT Margin:11.04%
Debt to equity ratio:0.25
Earning Per Share (EPS):₹13.92 (Basic)
Price/Earning P/E Ratio:N/A
Return on Net Worth (RoNW):52.82%
Net Asset Value (NAV):₹26.35

Peer Group Comparison

CompanyEPSPE RatioRoNW %NAVIncome
Exhicon Events Media Solutions Ltd4.8769.288.56%56.8541.18 Cr.
Touchwood Entertainment Limited3.4239.6710.00%32.7032.72 Cr.

Objects of the Issue

  • To Meet Working Capital Requirements
  • General Corporate Purpose

Mach Conferences and Events IPO Review

  • IPO Watch – May Apply
  • Canara Bank –
  • DRChoksey FinServ –
  • Emkay Global –
  • Hem Securities –
  • IDBI Capital –
  • Marwadi Shares –
  • Nirmal Bang –
  • SBICAP Securities –
  • Sharekhan –
  • SMC Global –
  • Sushil Finance –
  • Swastika Investmart –
  • Ventura Securities –
  • Geojit –
  • Reliance Securities –
  • Capital Market –
  • BP Wealth –
  • ICICIdirect –
  • Choice Broking –

Mach Conferences and Events IPO Registrar

Skyline Financial Services Private Ltd
Phone: 02228511022
Email: [email protected]
Website: https://www.skylinerta.com/ipo.php

IPO Lead Managers aka Merchant Bankers

  • Beeline Capital Advisors Pvt Ltd

Company Address

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, New Delhi 110043
Phone: +91 120 4747000
Email: [email protected]
Website: http://www.machconferences.com/

Mach Conferences and Events IPO FAQs

What is Mach Conferences and Events IPO?

Mach Conferences and Events IPO is a SME IPO. The company is going to raise ₹125.28 Crores via IPO. The issue is priced at ₹214 to ₹225 pr equity share. The IPO is to be listed on BSE .

When Mach Conferences and Events IPO will open for subscription?

The IPO is to open on September 4, 2024 for QIB, NII, and Retail Investors. The IPO will close on September 6, 2024.

What is Mach Conferences and Events IPO Investors Portion?

The investors’ portion for QIB is 50%, NII is 15%, and Retail is 35%.

How to Apply the Mach Conferences and Events IPO?

You can apply for Mach Conferences and Events IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.

What is Mach Conferences and Events Issue Size?

Mach Conferences and Events issue size is ₹125.28 crores.

What is Mach Conferences and Events IPO Price Band?

Mach Conferences and Events IPO Price Band is ₹214 to ₹225.

What is Mach Conferences and Events IPO Lot Size?

The minimum bid is 600 Shares with ₹135,000 amount.

What is the Mach Conferences and Events IPO Allotment Date?

Mach Conferences and Events IPO allotment date is September 9, 2024.

What is the Mach Conferences and Events IPO Listing Date?

Mach Conferences and Events IPO listing date is September 11, 2024. The IPO is to list on BSE.

Note: The Mach Conferences and Events IPO price band and date are officially announced. The (Mach Conferences and Events IPO grey market premium) will be added to the IPO GMP page as it will start).
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    5 Responses

    1. Sir,as I couldn’t read the information regarding the special quota for Bajaj finserve stock holders, for which stock holders should have to be apply till 30th August. And I miss the opportunity. Can I apply and get the opportunity for the same. please advice.

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