Mach Conferences and Events IPO
Mach Conferences and Events is a BSE SME IPO listed on the BSE SME platform, priced at ₹214–₹225 per share. The stock debuted at ₹300, delivering a listing gain of 33.3%. The IPO had a lot size of ₹600 shares and a minimum investment of ₹1,35,000.
Mach Conferences and Events Limited IPO
- IPO Dates
- Sep 4, 2024 – Sep 6, 2024
- Price band
- ₹214-225 per equity share
- Minimum Investment
- ₹1,35,000
- Issue size
- ₹125.28 Cr
- Lot size
- 600
- Allotment Date
- Sep 9, 2024
- Listing
- Sep 11, 2024
- Listing At
- BSE SME
IPO timeline
-
Sep 4, 2024
Open Date
Completed
-
Sep 6, 2024
Close Date
Completed
-
Sep 9, 2024
Allotment Date
Completed
-
Sep 11, 2024
Listing Date
Completed
Mach Conferences and Events IPO Essentials
Mach Conferences and Events IPO Details
Mach Conferences and Events IPO is priced at ₹214-225 per share with a total issue size of 125.28 crore. The IPO has a lot size of 600 shares and is listed on BSE SME.
- Issue price
- ₹214-225 per equity share
- Lot size
- 600 shares
- Face value
- ₹10 Per Equity Share
- Issue size
- 5,568,000 shares(aggregating up to ₹125.28 Cr)
- Total issue size
- 55,68,000 shares
(aggregating up to ₹125.28 crore) - Fresh issue
- 22,29,000 shares
(aggregating up to ₹50.15 crore) - Offer for sale (OFS)
- 33,39,000 shares
(aggregating up to ₹75.13 crore) - Listing at
- BSE SME
- List price
- 300.0
- Listing date
- Registrar
- Skyline Financial Services Private Ltd
- Lead manager
-
Beeline Capital Advisors Pvt Ltd
Market Lot Size
Investors can bid for a minimum of 600 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Retail Investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 1 | 600 | ₹1,35,000 |
| Retail(max) | 1 | 600 | ₹1,35,000 |
| NII (min) | 2 | 1,200 | ₹2,70,000 |
Mach Conferences and Events IPO Reservation
Mach Conferences and Events IPO reservation details show category-wise allocation of shares. Out of the total 55,68,000 shares, approximately 18.92% are reserved for QIB, 14.21% for NII, 33.14% for retail investors, 5.39% for market maker, and 28.34% for anchor investors.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | 15,78,000 (28.34%) | |
| Market Maker Shares Offered | 3,00,000 (5.39%) | |
| QIB Shares Offered | 10,53,600 (18.92%) | |
| NII (HNI) Shares Offered | 7,91,400 (14.21%) | |
| Retail Shares Offered | 18,45,000 (33.14%) | |
| Total Shares Offered | 55,68,000 (100%) |
Mach Conferences and Events IPO Analytics
Mach Conferences and Events IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.
Mach Conferences and Events IPO Subscription Status
Mach Conferences and Events IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.
The IPO subscription status indicates investor demand across categories.
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 1,053,600 / 791,400 | 1,845,000 | 3,690,000 |
|
Day 1
04-09-24 06:00 PM
|
(3.52 / 7.85) x | 9.88 x | 7.63 x |
|
Day 2
05-09-24 06:00 PM
|
(4.05 / 21.85) x | 33.53 x | 22.61 x |
|
Day 3
04-09-24 06:00 PM
|
(146.66 / 403.68) x | 136.11 x | 196.51 x |
Mach Conferences and Events Valuations
Earnings
- EPS Pre IPO
- ₹13.92/-
- EPS Post IPO
- ₹12.45/-
- P/E Pre IPO
- 16.16
- P/E Post IPO
- 18.08
Returns
- ROE
- 72.78%
- ROCE
- 57.57%
- RoNW
- 52.82%
- PAT Margin
- 11.04
Fundamentals
- Price / Book
- 8.54
Mach Conferences and Events Financials( In Lakhs)
| 31-Mar-24 | 31-Mar-23 | 31-Mar-22 | |
|---|---|---|---|
| Assets | 10,133.75 | 5,772.64 | 4,049.21 |
| Revenue | 23,898.58 | 14,193.89 | 2,383.88 |
| Profit After Tax | 2,618.29 | 880.76 | -260.63 |
| Net Worth | 4,956.72 | 2,238.47 | 1,357.71 |
| Reserves & Surplus | 3,075.91 | 2,233.47 | 1,352.71 |
| Total Borrowing | 1,233.08 | 988.53 | 509.69 |
Mach Conferences and Events Company & Offer Insights
About Mach Conferences and Events
Mach Conferences and Events Limited was established in 2004. It provides an extensive portfolio of tailored services to the MICE and events industry.
The company focuses on conference management, exhibition management, and international event planning. The company also caters to all the logistical aspects of events at a destination. These include venue selection, accommodation, transportation logistics, local activities, and on-site coordination.
The company's clients belong to the banking, finance, and insurance sectors. Besides, the company has worked for several industries such as hospitality, infrastructure, FMCG, etc. During the last financial years i.e. 2023-24, the company conducted 90 events including London, Mussoorie, Bangalore, South Korea, Paris, Goa, Srinagar, Singapore, etc. The average revenue for doing such events in FY 2023-24 was Rs. 263.62 lakhs per event.
The company has 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 55 employees.
Mach Conferences and Events Promoter(s)
Amit Bhatia, Laveena Bhatia are the company's promoters of Mach Conferences and Events.
Mach Conferences and Events IPO Issue Objectives
- •
- To Meet Working Capital Requirements
- •
- General Corporate Purpose
Mach Conferences and Events IPO - Peers Comparison
| Company Name | EPS (Basic) | EPS (Diluted) | NAV (per share) (Rs) | P/E (x) | RoNW (%) | P/BV Ratio | Financial statements |
|---|---|---|---|---|---|---|---|
| Mach Conferences and Events Limited | N/A | 13.92 | 26.35 | N/A | 52.82 | 8.65 | Standalone |
| Exhicon Events Media Solutions Ltd | N/A | 4.87 | 56.85 | 69.28 | 8.56 | 6.02 | Standalone |
| Touchwood Entertainment Limited | N/A | 3.42 | 32.7 | 39.67 | 10 | 4.22 | Standalone |
Notes:
- The P/E Ratio has been computed based on the closing market price of equity shares on the NSE and BSE on March 28, 2024, divided by the Diluted EPS.
- Return on Net Worth (%) = Net profit after tax divided by the closing net worth.
- Net worth has been computed as the sum of share capital, reserves, and surplus.
- NAV is computed as the closing net worth divided by the closing outstanding number of equity shares adjusted for bonus and sub-division of shares.
Contact Information
Contact Details
Mach Conferences and Events
+91 120 4747000
compliance@machconferences.com
http://www.machconferences.com/
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
Registrar Contact Details
Skyline Financial Services Private Ltd
02228511022
Frequently Asked Questions
Click any question to reveal the answer
Mach Conferences and Events IPO is a book-built IPO worth ₹125.28 crore. The price band is ₹214–₹225 per share. The IPO opens on Sep 4, 2024 and closes on Sep 6, 2024. It will be listed on BSE SME Platform. Skyline Financial Services Private Ltd is the registrar.
The price band of Mach Conferences and Events IPO is ₹214 to ₹225 per share.
The lot size of Mach Conferences and Events IPO is 600 shares.
The minimum investment for Mach Conferences and Events IPO is approximately ₹1,35,000 based on the upper price band .
Mach Conferences and Events IPO opens on Sep 4, 2024 and closes on Sep 6, 2024.
The allotment date of Mach Conferences and Events IPO is Sep 9, 2024.
Mach Conferences and Events IPO is expected to be listed on Sep 11, 2024, on BSE SME Platform.
Mach Conferences and Events IPO valuation snapshot: P/E 18.08, EPS ₹12.45/-, P/B 8.54, RoNW 52.82%, and market cap N/A.
To apply for Mach Conferences and Events IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.
You can check the live subscription status of Mach Conferences and Events IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.
Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.
If you pre-apply for Mach Conferences and Events IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.
You can check Mach Conferences and Events IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Mach Conferences and Events IPO allotment status on IPO Ji for quick and easy access.