Mach Conferences IPO description – Mach Conferences and Events offer a comprehensive range of services tailored for the MICE (Meetings, Incentives, Conferences, Exhibitions) and Events sector. The company specializes in conference management, exhibition management, and global event planning. They handle all logistical aspects of events at specific destinations, including venue selection, accommodation arrangements, transportation logistics, local activities, and on-site coordination.
The company’s clientele primarily comes from the banking, finance, and insurance sectors. However, Mach Conferences has also worked with various industries, including hospitality, infrastructure, and FMCG. Over the past three years, the company has completed 90 events in locations such as London, Mussoorie, Bangalore, South Korea, Paris, Goa, Srinagar, and Singapore. The average revenue for these events in FY 2023-24 was INR 2.64 crore per event.
Mach Conferences and Events has a locational presence in more than 18 states and union territories, including Delhi, Maharashtra, Kolkata, Assam, Tamil Nadu, Jammu & Kashmir, Himachal Pradesh, Goa, and Rajasthan, through co-working spaces.
Promoters of Mach Conferences and Events – Amit Bhatia, and Laveena Bhatia
Table of Contents
Mach Conferences and Events IPO Details
Mach Conferences IPO Dates | 4 – 6 September 2024 |
Mach Conferences Issue Price | INR 214 – 225 per share |
Fresh issue | 22,29,000 shares (INR 50.15 crore) |
Offer For Sale | 33,39,000 shares (INR 75.13 crore) |
Total IPO size | 55,68,000 shares (INR 125.28 crore) |
Minimum bid (lot size) | 600 share (INR 1,35,000) |
Face Value | INR 10 per share |
Retail Allocation | 35% |
Listing On | BSE SME |
Mach Conferences Financial Performance
FY 2022 | FY 2023 | FY 2024 | |
Revenue | 23.14 | 141.29 | 237.26 |
Expenses | 25.94 | 131.25 | 73.39 |
Net income | (2.61) | 8.81 | 26.18 |
Mach Conferences Offer News
Mach Conferences Valuations & Margins
FY 2022 | FY 2023 | FY 2024 | |
EPS | (1.39) | 4.62 | 13.92 |
PE ratio | – | – | 15.37 – 16.16 |
RONW (%) | (19.20) | 39.35 | 52.82 |
NAV | 7.22 | 11.90 | 26.35 |
ROCE (%) | (9.57) | 34.06 | 57.57 |
EBITDA (%) | (9.98) | 7.65 | 14.56 |
Debt/Equity | 0.38 | 0.44 | 0.25 |
Mach Conferences IPO GMP Today
Mach Conferences IPO Subscription – Live Updates
The market maker reservation portion as shares is not included in the above calculations.
Mach Conferences IPO Allotment Status
Mach Conferences IPO allotment status will be available on Skyline Financial Services’ website. Click on this link to get allotment status.
Mach Conferences IPO Dates & Listing Performance
IPO Opening Date | 4 September 2024 |
IPO Closing Date | 6 September 2024 |
Finalization of Basis of Allotment | 9 September 2024 |
Initiation of refunds | 10 September 2024 |
Transfer of shares to demat accounts | 10 September 2024 |
IPO Listing Date | 11 September 2024 |
Opening Price on BSE SME | Coming soon |
Closing Price on BSE SME | Coming soon |
Mach Conferences Offer Lead Manager
BEELINE CAPITAL ADVISORS PRIVATE LIMITED
B 1311-1314, Thirteenth Floor, Shilp Corporate Park,
Rajpath Rangoli Road, Thaltej, Ahmedabad- 380054, Gujarat
Phone: 079 4918 5784
Email: [email protected]
Website: www.beelinemb.com
Mach Conferences Offer Registrar
SKYLINE FINANCIAL SERVICES PVT. LTD
D-153 A, 1st Floor, Okhla Industrial Area,
Phase – I, New Delhi-110020
Phone: +91- 11-40450193-197
Email: [email protected]
Website: www.skylinerta.com
MACH CONFERENCES AND EVENTS LIMITED
C-127 2nd Floor, Sector 2, Gautam Buddha Nagar,
Noida, Uttar Pradesh, India, 201301
Phone: +91 120 4747000
E-mail: [email protected]
Website: www.machconferences.com
IPO FAQs
What is the Mach Conferences offer size?
Mach Conferences offer size is INR 125.28 crores.
What is the Mach Conferences offer price band?
Mach Conferences public offer price is INR 214 – 225 per share.
What is the lot size of the Mach Conferences IPO?
Mach Conferences offer a lot size is 600 shares.
What is Mach Conferences IPO GMP today?
Mach Conferences IPO GMP today is INR NA per share.
What is the Mach Conferences kostak rate today?
Mach Conferences kostak rate today is INR NA per application.
What is Mach Conferences Subject to the Sauda rate today?
Mach Conferences is Subject to the Sauda rate today is INR NA per application.