IPO

Mach Conferences & Events Ltd. IPO

Mach Conferences & Events Ltd., established in 2004, operates in the Services - Others sector. The company's IPO opened on September 4, 2024 and closed on September 6, 2024, with an issue price of ... Read more

Min Investment
₹ 1,35,000 / 600 shares
Price Range
₹214 - ₹ 225
Bidding Dates
4 Sep '24 - 6 Sep '24
Total Issue Value
125.28 Cr
Lot Size
600
Total Issue Size
125.28 Cr
Listing At
BSE SME
Subscription
192.31 times
BSE Price
232.10 (3.16%)

IPO Timeline

  • 4 Sep 2024
    Bidding Starts
  • 6 Sep 2024
    Bidding Ends
  • 9 Sep 2024
    Allotment Finalization
  • 11 Sep 2024
    Listing

About Mach Conferences & Events Ltd.

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 ... Read more

Parent organisation
Founded
Mach Conferences & Events Ltd.
2004

Mach Conferences & Events Ltd. IPO Reservation

Investors Category Shares Offered
Anchor Investors 15,78,000 (28.34%)
Market Makers 3,00,000 (5.39%)
Non Institutional Investors 7,91,400 (14.21%)
Qualified Institutional Buyers (QIBs) 10,53,600 (18.92%)
Retail Individual Investors (RIIs) 18,45,000 (33.14%)

Mach Conferences & Events Ltd. Financial Information

Year End Revenue PAT Reserves & Surplus
31 Mar 2024 238.99 Cr 25.95 Cr 30.76 Cr
31 Mar 2023 141.94 Cr 8.81 Cr 22.33 Cr
31 Mar 2022 23.84 Cr -2.62 Cr 13.53 Cr

Mach Conferences & Events Ltd. Background

Our Company was originally incorporated as “Mach Conferences and Events Private Limited” as a private limited company under the provisions of the Companies Act, 1956 vide Certificate of Incorporation dated April 29, 2004, issued by the Registrar of Companies, National Capital ...

Read more

Major Events And Milestones
  • 2004
    Our Company was incorporated as a private limited company under the name “Mach Conferences and Events Private Limited”.
  • 2012
    Got Affiliated to PATA - Pacific Asian Tour Association
    Got Affiliated to IATO - Indian Association of Tour Operators
  • 2014
    Got Affiliated to ADTOI - Association of Domestic Tour Operators of India
  • 2019
    Achieved Turnover of 100 Crores
    Got Affiliated to IATA - International Air Transport Association
  • 2024
    Crossed Turnover of 200 Crores
    Our company got converted into public limited company and the name got changed from “Mach Conferences and Events Private Limited” to “Mach Conferences and Events Limited”.
Mach Conferences & Events Ltd. Object of Issues

1. To Meet Working Capital Requirements
2. General Corporate Purpose

Mach Conferences & Events Ltd. IPO Listing Details
Listing Date
11 Sep 2024
BSE Script Code
MACHCONFER
ISIN
INE0UYT01018
Final Issue Price
₹ 225
Mach Conferences & Events Ltd. Listing Day Trading Information
Pricing Details BSE NSE
Issue Price ₹ 225.00 -
Open ₹ 300.00 -
Low ₹ 285.00 -
High ₹ 314.00 -
Last Trade ₹ 295.55 -
Mach Conferences & Events Ltd. Company Promoters

1. Amit Bhatia
2. Laveena Bhatia

Industry Overview

MICE INDUSTRY - MEETINGS, INCENTIVES, CONFERENCES AND EXHIBITIONS
Market Regional Insights
North Region:
• Delhi-NCR remained a key player in the MICE sector, with its world-class convention centers and proximity to the government and corporate hubs.
• Cities like ... Read more

Mach Conferences & Events Ltd. Contact Details
Address: 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 Delhi - 110043
Phone no:204747000
204747000
|
Mach Conferences & Events Ltd. IPO Registrar
Skyline Financial Services Pvt. Ltd.
D-153A, 1st Floor, Okhla Industrial Area Phase-I, New Delhi Delhi - 110020
40450193, 40450197
Mach Conferences & Events Ltd. IPO Lead Manager(s)
Beeline Capital Advisors Pvt. Ltd.
B 1311-1314, Thirteenth Floor, Shilp Corporate Park, Rajpath Rangoli Road, Thaltej, Ahmedabad Gujarat - 380054
48407357

FAQs

When does Mach Conferences & Events Ltd. IPO opens and closes?

Mach Conferences & Events Ltd. IPO opens from 4th September to 6th September 2024.

What is the size of Mach Conferences & Events Ltd. IPO?

The size of the Mach Conferences & Events Ltd. IPO is ₹125.28 Cr.

What is the price range of Mach Conferences & Events Ltd. IPO?

The price range of Mach Conferences & Events Ltd. IPO is at ₹214 to ₹225 per share.

What is the minimum investment and lot size required for the Mach Conferences & Events Ltd. IPO?

The minimum investment required is ₹1,35,000 and minimum lot size is 600 shares.

When is Mach Conferences & Events Ltd. IPO listing date?

The Mach Conferences & Events Ltd. IPO will be listed on 11th September 2024.

What is the objective of Mach Conferences & Events Ltd. IPO?

1. To Meet Working Capital Requirements
2. General Corporate Purpose

Disclaimer: This is 3rd Party content/feed, viewers are requested to use their discretion and conduct proper diligence before investing, GoodReturns does not take any liability on the genuineness and correctness of the information in this article

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