Mach Conferences IPO Subscription Status: Mach Conferences IPO is Open on 4 September 2024 and Close on 6 September 2024. Mach Conferences IPO to Raise 5,568,000 shares (Approx ₹125.28 Cr) via IPO. The Fresh Issue is 5,568,000 shares (Approx ₹125.28 Cr).
- The Retail Quota is 35%
- QIB is 50%
- NII is 15%
The Mach Conferences IPO is an SME IPO and Listed on BSE SME. Mach Conferences IPO Price Band is Fixed at ₹225 Equity Share. Mach Conferences IPO Lot Size is 600 Shares.
Also Read: Mach Conferences and Events IPO Date, Review, GMP Price, Details
Mach Conferences IPO Subscription Status, Rate bid times
| Inv Category | Shares Reserved | No. of Shares bid for | No. of Times (Subscription) |
|---|---|---|---|
| Qualified Buyers (QIBs) | 1,053,600 | 15,45,21,600 | 146.66 |
| Non Institutional Buyers (NIIs) | 791,400 | 31,94,80,200 | 403.69 |
| Retail Individual Buyers (RIIs) | 1,845,000 | 25,18,18,200 | 136.49 |
| Total | 3,690,000 | 72,58,20,000 | 196.70 |
Mach Conferences IPO Subscription Status day-by-day-
| Categories | 4 Sep | 5 Sep | 6 Sep |
|---|---|---|---|
| QIB | 3.52 | 4.05 | 146.66 |
| NII | 7.85 | 21.85 | 403.69 |
| RII | 9.88 | 33.53 | 136.49 |
| Total | 7.63 | 22.61 | 196.70 |
About IPO :
Mach Conferences 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.
Mach Conferences holdings Investor Categories
- Qualified Institutional Buyers (QIB).
- Non- Institutional Investors (NII).
- Retail individual Investors (RII).
- Employee (EMP).
- Others (Eligible Shareholders).
Who Is QIB In IPO?
QIB Stands For “Qualified Institutional Buyer” In The Context Of An IPO (Initial Public Offering). QIBs Are A Category Of Institutional Investors Who Are Considered Financially Sophisticated And Meet Certain Regulatory Criteria For Participating In Capital Markets. In The Context Of An IPO, QIBs Play A Significant Role As They Contribute To The Overall Demand For Shares And Help Determine The Success Of The Offering.
Who Is NII In IPO?
NII Stands For “Non-Institutional Investors” In The Context Of An IPO (Initial Public Offering). Non-Institutional Investors Are A Category Of Investors Who Participate In The IPO Alongside Institutional Investors And Retail Investors. NII Typically Includes High Net Worth Individuals (HNIs), Corporate Bodies, Trusts, And Other Entities That Are Not Classified As Institutional Investors But Have The Financial Capacity To Invest Significant Amounts In The IPO.
Who Is RII In IPO?
RII Stands For “Retail Individual Investor” In The Context Of An IPO (Initial Public Offering). Retail Individual Investors Are Individual Investors Who Participate In The IPO Alongside Institutional Investors And Non-Institutional Investors. RII Typically Includes Individual Investors Who Do Not Meet The Criteria To Be Classified As Institutional Investors Or Non-Institutional Investors.
Who Is EMP In IPO?
“EMP” In The Context Of An IPO (Initial Public Offering) Typically Stands For “Employee.”
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