Mach Conferences and Events Limited 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.
Mach Conferences and Events IPO – Details
| IPO Opening Date | 04 September 2024 |
| IPO Closing Date | 06 September 2024 |
| Issue Type | Book Built Issue IPO |
| Issue Size | Total Issue Size: 55,68,000 Shares Worth ₹125.28 Crore Fresh Issue: 22,29,000 Shares Worth ₹50.15 Crore Offer For Sale: 33,39,000 Shares Worth ₹75.13 Crore |
| Face Value | ₹10 per equity share |
| IPO Price | ₹214 – ₹225 |
| Market Lot | 600 Shares |
| Min Order | 600 Shares (1 Lot) |
| Listing At | BSE SME |
| Register | Skyline Financial Services Private Ltd |
| QIB Shares Offered | 50% |
| Retail Shares Offered | 35% |
| NII (HNI) Shares Offered | 15% |
Mach Conferences and Events IPO – Date Schedule
| IPO Open Date | 04 September 2024 |
| IPO Close Date | 06 September 2024 |
| Basis of Allotment | 09 September 2024 |
| Initiation of Refund | 10 September 2024 |
| Credit of Shares to Demat Account | 10 September 2024 |
| IPO Listing Date | 11 September 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on September 06, 2024 |
Mach Conferences and Events IPO – Lots Size & Price
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 600 | ₹1,35,000 |
| Retail (Max) | 1 | 600 | ₹1,35,000 |
| HNI (Min) | 2 | 1200 | ₹2,70,000 |
Competitive Strengths
- End to End Solution.
- Nurturing Long-term Relationships with Customer.
- Proven Track Record.
- Established relationship with hospitality & event partners.
- Experienced Promoters and Management Team.
Company Promoters
- Amit Bhatia
- Laveena Bhatia
Company Financials
| Particulars | Total Revenue | Total Expense | Profit After Tax | Total Borrowing |
|---|---|---|---|---|
| 31 March 2022 | 23.83 | 25.94 | -2.60 | 5.09 |
| 31 March 2023 | 141.93 | 131.25 | 8.80 | 9.88 |
| 31 March 2024 | 238.98 | 204.13 | 26.18 | 12.33 |
Key Performance Indicator
| KPI | Values |
|---|---|
| ROE | 72.78% |
| ROCE | 57.57% |
| RoNW | 52.82% |
| P/BV | 8.54 |
| PAT Margin (%) | 11.04 |
| Pre IPO | Post IPO | |
| EPS (Rs) | 13.92 | 12.45 |
| P/E (x) | 16.16 | 18.08 |
Object Of The Issue
- To Meet Working Capital Requirements.
- General Corporate Purpose.
Mach Conferences and Events IPO Promoter Holding
| Pre Issue Share Holding | 95.97% |
| Post Issue Share Holding | 69.92% |
Mach Conferences and Events IPO Prospectus
Company Contact Information
| 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/ |
Mach Conferences and Events IPO Registrar
| Skyline Financial Services Private Ltd Phone: 02228511022 Email: ipo@skylinerta.com Website: https://www.skylinerta.com/ipo.php |
Mach Conferences and Events IPO Lead Manager(s)
| 1. Beeline Capital Advisors Pvt Ltd |
Mach Conferences and Events IPO FAQs
| What is Mach Conferences and Events IPO? Mach Conferences and Events IPO is a SME IPO. The issue is priced at ₹214 and ₹225 per equity share. The IPO is to be listed on BSE SME. |
| When Mach Conferences and Events IPO will open? The IPO is to open on 04 September 2024 for QIB, NII, and Retail Investors. |
| What is Mach Conferences and Events IPO Investors Portion? The investors’ portion for QIB- 50%, Retail – 35%, NII – 15%. |
| How to Apply the Mach Conferences and Events IPO? You can apply 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. |
| How to Apply the Mach Conferences and Events IPO through Angle One? Log in to Angle One Application with your credentials. Select the IPO. You will see the IPO Name “Mach Conferences and Events IPO”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Angle One. |
| How to Apply the Mach Conferences and Events IPO through 5 Paisa? Log in to 5 Paisa Application with your credentials. Select the IPO. You will see the IPO Name “Mach Conferences and Events IPO“. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with 5 Paisa. |
| How to Apply the Mach Conferences and Events IPO through Upstox? Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Mach Conferences and Events IPO”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox. |
| How to Apply the Mach Conferences and Events IPO through IIFL? Log in to IIFL Application with your credentials. Select the IPO. You will see the IPO Name “Mach Conferences and Events IPO”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with IIFL. |
| What is Mach Conferences and Events IPO Size? Mach Conferences and Events IPO size is ₹125.28 Crore. |
| What is Mach Conferences and Events IPO Price Band? Mach Conferences and Events IPO Price Band is ₹214 – ₹225. |
| What is Mach Conferences and Events IPO Minimum and Maximum Lot Size for retail? The minimum bid is 600 Shares with ₹1,35,000 amount while the maximum bid is 600 Shares with ₹1,35,000. |
| What is the Mach Conferences and Events IPO Allotment Date? Mach Conferences and Events IPO allotment date is 09 September 2024. |
| What is the Mach Conferences and Events IPO Listing Date? Mach Conferences and Events IPO listing date is 11 September 2024. The IPO is to be listed on BSE SME. |
