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.
Application | Lot Size | Shares | Amount |
Retail Minimum | 1 | 600 | ₹135,000 |
Retail Maximum | 1 | 600 | ₹135,000 |
HNI Minimum | 2 | 1200 | ₹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 Ended | Revenue | Expense | Profit After Tax | Assets |
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.
KPI | Values |
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
Company | EPS | PE Ratio | RoNW % | NAV | Income |
Exhicon Events Media Solutions Ltd | 4.87 | 69.28 | 8.56% | 56.85 | 41.18 Cr. |
Touchwood Entertainment Limited | 3.42 | 39.67 | 10.00% | 32.70 | 32.72 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
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What is the Mach Conferences and Events IPO Listing Date?
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).
5 Responses
Hi Harjeet,
₹135,000 is the minimum bid amount.
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.
Hi Pramod,
You can Apply either in retail or in HNI Quota.
We are interested in good IPO
Mach Conferences is one of the good IPO and might list on premium.