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 47.70 – 50.15 crore) |
| Offer For Sale | 33,39,000 shares (INR 71.45 – 75.13 crore) |
| Total IPO size | 55,68,000 shares (INR 119.16 – 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
| Â | 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 RHP
- Mach Conferences Draft Prospectus
- ASBA IPO Forms
- Live IPO Subscription Status
- Highest SME IPO Subscription in 2024
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
| Date | Consolidated IPO GMP | Kostak | Subject to Sauda |
| 10 September 2024 | 215 | – | 1,10,000 |
| 9 September 2024 | 215 | – | 1,10,000 |
| 7 September 2024 | 215 | – | 1,10,000 |
| 6 September 2024 | 210 | – | 1,08,000 |
| 5 September 2024 | 220 | – | 1,10,000 |
| 4 September 2024 | 200 | – | 97,000 |
| 3 September 2024 | 177 | – | 90,000 |
| 2 September 2024 | 165 | – | 80,000 |
| 31 August 2024 | 100 | – | 45,000 |
Mach Conferences IPO Subscription – Live Updates
| Category | QIB | NII | Retail | Total |
|---|---|---|---|---|
| Shares Offered | 10,53,600 | 10,91,400 | 18,45,000 | 39,90,000 |
| 6 Sep 2024 | 146.66 | 293.00 | 136.49 | 181.98 |
| 5 Sep 2024 | 4.05 | 16.12 | 33.53 | 20.98 |
| 4 Sep 2024 | 3.52 | 5.69 | 9.88 | 7.06 |
The market maker reservation portion of 3,00,000 shares and anchor allocation of 15,78,000 shares are not included in the above calculations.
Mach Conferences IPO Allotment Status
Mach Conferences IPO allotment status is now 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 | INR 300 per share (up 33.33%) |
| Closing Price on BSE SME | INR 294 per share (up 30.67%) |
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:Â [email protected]
Website:Â 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:Â +91- 11-40450193-197
Email:Â [email protected]
Website:Â www.skylinerta.com
Mach Conferences Issue Contact Details
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 215 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 1,10,000 per application.
