Mach Conferences & Events Ltd. IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| QIB | — | 2,631,600 (47%) | — | ₹5,921 Cr |
| NII (HNI) | — | 791,400 (14%) | — | ₹1,781 Cr |
| Retail | — | 1,845,000 (33%) | — | ₹4,151 Cr |
| Market Maker | — | 300,000 (5%) | — | ₹68 Cr |
| Σ Total | — | 5,568,000 (100%) | — | ₹125,280 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 600 | ₹135,000 |
| Retail (Max) | 13 | 7,800 | ₹1,755,000 |
| S-HNI (Min) | 14 | 8,400 | ₹1,890,000 |
| B-HNI (Min) | 67 | 40,200 | ₹9,045,000 |
Financial Statements Amount in ₹ Lakhs
| Metric | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Revenue | 23,899 | 14,194 | 2,384 |
| Profit After Tax | 2,618 | 881 | -261 |
| Net Worth | 4,957 | 2,238 | 1,358 |
| Total Assets | 10,134 | 5,773 | 4,049 |
| Reserves & Surplus | 3,076 | 2,233 | 1,353 |
| Total Borrowing | 1,233 | 989 | 510 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- To Meet Working Capital Requirements –
- General Corporate Purpose –
Company Overview
Mach Conferences and Events Limited was founded in 2004 and 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.