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

mach conferences and events IPO
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Mach Conferences and Events IPO Date : Mach Conferences and Events IPO Date is Open on 6 September 2024 and Close on 6 September 2024. Mach Conferences and Events IPO to Raise 5,568,000 shares (Approx ₹125.28 Cr) via IPO. The Fresh issue of 5,568,000 shares (Approx ₹125.28 Cr).

Mach Conferences and Events was originally incorporated in 2004, We provide comprehensive array of services tailor made for MICE (Meeting, Incentives, Conferences, Exhibitions) and Events sector. Our experience ranges for arranging small corporate events to large global events. We are specialized in conference management, Exhibition management and Global Event Planning.

We also manage all logistical aspects of events at specific destinations. This includes venue selection, accommodation arrangements, transportation logistics, local activities, and on-site coordination. We have a team of MICE and Events professionals working on the key essence of attention to detail, continuous budget control and endless creativity to help the client to explore new venues and new ways to impress our clients.

Our company operates within the MICE (Meetings, Incentives, Conferences, and Exhibitions) industry, specializing in providing comprehensive event management solutions. We offer end-to-end services for corporate meetings, conferences, trade shows, and other gatherings, facilitating seamless planning, execution, and coordination. Our expertise lies in crafting
tailored experiences, from conceptualization to logistics, to ensure impactful events that meet our clients’ objectives.

Leveraging innovative design, cost-effective management, and efficient operations. We strive to stay competitive in the dynamic market landscape. Our commitment to customer satisfaction drives us to continuously enhance our capabilities and deliver exceptional results in the MICE industry. Majorly, our clientele is from Banking, Finance and Insurance Sector.
However, we have worked for various industries including Hospitality, Infrastructure, FMCG etc.

During last three years we have completed 90 events including events conducted at London, Mussoorie, Bangalore, South Korea, Paris, Goa, Srinagar, Singapore etc. we are offering a comprehensive suite of MICE (Meetings, Incentives, Conferences, and Exhibitions) services catered specifically to our B2B customers and going forward we propose to explore in B2C segment by launching a travel B2C portal “BookMyYatra.com” which presents us a strategic opportunity to leverage an existing customer base and expand market reach.

As an established MICE company with a large customer base, we already have valuable insights into their preferences, travel habits, and booking behaviours. Furthermore, we are also planning to diversify our services into Religious Tourism. Since it is a blend of spirituality, economic opportunity, and cultural stewardship that makes investing in Religious Tourism both a prudent business decision and a meaningful contribution to India’s tourism landscape.

We have locational presence by way of co-working space in more than 18 States and Union Territories including Delhi, Maharashtra, Kolkata, Assam, Tamil Nadu, Jammu & Kashmir, Himachal Pradesh, Goa, Rajasthan etc. However, all the execution work takes place from our corporate office situated at C-127 2nd Floor, Sector 2, Gautam Buddha Nagar, Noida, Uttar Pradesh, India, 201301.

Mach Conferences and Events IPO Date & Price Band Details

IPO Open Date 4 Sep 2024
IPO Close Date 6 Sep 2024
IPO Size 5,568,000 shares (Approx ₹125.28 Cr)
Fresh Issue 5,568,000 shares (Approx ₹125.28 Cr)
Lot Size 600 Shares
IPO Face Value ₹10 Per Equity Share"
IPO Price Band ₹214 to ₹225 Per Every Share
IPO Listing On BSE SME
IPO Retail Quota 35%
IPO QIB Quota 50%
IPO NII Quota 15%
DRHP Draft Click Here
Anchor Investor Click Here

Mach Conferences and Events IPO Market Lot Details

Application Lot Size Shares Amount
Retail Minimum 1 600 ₹1,35,000
Retail Maximum 1 600 ₹1,35,000
S-HNI Minimum 2 1200 ₹2,70,000

Object of the Issue

  1. To Meet Working Capital Requirements.
  2. General Corporate Purpose.
  3. To meet Public Offer Expenses.

Mach Conferences and Events IPO Allotment & Listings (Details)

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

Mach Conferences and Events Financial Reports

₹ in Crores
Year Revenue Expense PAT
2024 ₹238.99 ₹204.13 ₹26.18
2023 ₹141.94 ₹131.25 ₹8.81
2022 ₹23.84 ₹25.94 ₹2.61

Our Company Promoters

  1. Amit Bhatia
  2. Laveena Bhatia

Qualitative Factors

  • End to End Solution.
  • Nurturing Long-term Relationships with Customer.
  • Proven Track Record.
  • Established relationship with hospitality & event partners.
  • Experienced Promoters and Management Team.

Comparison of Accounting Ratios with Listed Peer Group Companies

Company Name Face Value EPS P/E Ratio Ro NW (%) NAV Per Revenue (₹ in Lakhs)
Mach Conferences and Events Limited 10.00 13.92 [.] 52.82% 26.35 23,725.89
Peer Group
Exhicon Events Media Solutions Ltd 10.00 4.87 69.28 8.56% 56.85 4,118.22
Touchwood Entertainment Limited 10.00 3.42 39.67 10.00% 32.70 3,271.73

Also Read: Excellent Wires and Packaging IPO

Mach Conferences and Events Company Contact Details

Office No-4, 2nd/Floor, Master Space, Plot No-27,
Kh/Mustatil No.-154, Killa No-19/2, Uggarsain Park, Dichaon Road,
Najafgarh Street No- 2, Najafgarh, New Delhi- 110043, India
Telephone No.: +91-120-4747000
Web site: www.machconferences.com
E-Mail: compliance@machconferences.com
Contact Person: Yashashvi Srivastava

Mach Conferences and Events Lead Manager

BEELINE CAPITAL ADVISORS PRIVATE LIMITED
B 1311-1314, Thirteenth Floor, Shilp Corporate
Park, Rajpath Rangoli Road, Thaltej, Bodakdev,
Ahmedabad- 380054, Gujarat, India
Telephone Number: +91 79 4918 5784
Email Id: mb@beelinemb.com
Investors Grievance Email Id: ig@beelinemb.com
Website: www.beelinemb.com
Contact Person: Mr. Nikhil Shah

Mach Conferences and Events IPO Registrar

SKYLINE FINANCIAL SERVICES PRIVATE LIMITED
D-153A, First Floor, Okhla Industrial Area,
Phase-I, New Delhi, Delhi– 110020, India
Telephone Number: 011-40450193-97,
Email Id: ipo@skylinerta.com
Investor Grievance E-mail ID: info@skylinerta.com
Website: www.skylinerta.com
Contact Person: Mr. Anuj Rana

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