Mach Conferences and Events IPO Details
The Mach Conferences and Events IPO is a book build issue with a total issue size of ₹125.28 cr, comprising of fresh issue of 2229000 equity shares., and a offer for sale of 3339000 equity shares. Mach Conferences and Events IPO opened for subscription on Sep 04, 2024 and closed on Sep 06, 2024. Mach Conferences and Events IPO is set price band at ₹214 to ₹225 per share, with a lot size of 600 shares. Minimum investment for Retail investors was ₹270,000.00 (at the upper price band) to apply for one lot.
The basis of allotment got finalized on Sep 09, 2024, and listed on both the NSE and BSE on Sep 11, 2024.
Skyline Financial Services Private Ltd has been appointed as the registrar. Beeline Capital Advisors Pvt Ltd are the Book Running Lead Manager for the issue.
Before investing in the Mach Conferences and Events IPO, investors should review the company's financial performance, business objectives, and risk factors mentioned in the offer documents and apply before the subscription window closes.
- Price Band
- ₹ 214 – 225
- Lot Size
- 600
- Issue Size
- ₹125.28 Cr
- Minimum Investment
- ₹270000 (1200 Shares)
- Listing Date
- 11 September 2024
Current GMP
₹0 (0.00%)
*Info is indicative. Not an Investment Advice. Grey market trading is unregulated.
About Mach Conferences and Events Limited
Mach Conferences and Events Limited, founded in 2004, offers a wide range of tailored services for events like meetings, conferences, exhibitions, and incentives. They handle everything from managing conferences and exhibitions to planning global events, including organizing venues, accommodations, transport, local activities, and on-site coordination.
Their main clients are from banking, finance, and insurance sectors, but they also serve industries like hospitality, infrastructure, and FMCG. In the 2023-24 financial year, they managed 90 events in locations such as London, Mussoorie, Bangalore, South Korea, Paris, Goa, Srinagar, and Singapore, averaging revenue of Rs. 263.62 lakhs per event.
The company operates co-working spaces across more than 18 states and union territories, including Delhi, Maharashtra, Kolkata, Assam, Tamil Nadu, Jammu & Kashmir, Himachal Pradesh, Goa, and Rajasthan. As of 31 March 2024, they had a team of 55 employees.
Peers
● Exhicon Events Media Solutions Ltd
● Touchwood Entertainment Ltd
Mach Conferences and Events IPO Promoters
The promoters of the company are
Amit Bhatia
Laveena Bhatia
Promoters Holding
Holding Pre Issue
95.97%
Holding Post Issue
69.92%
Mach Conferences and Events IPO Objective
The Net Proceeds from the Fresh Issue will be utilized towards the following objects:
- To Meet Working Capital Requirements
- General Corporate Purpose
Address / Contact Info
Mach Conferences and Events Limited
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
Phone: +91 120 4747000
Email: compliance@machconferences.com
Website: http://www.machconferences.com
IPO Snapshot
Mach Conferences and Events IPO Registrar
Skyline Financial Services Private Ltd
Check Allotment StatusBook Running Lead Managers
- Beeline Capital Advisors Pvt Ltd
Disclaimer: This data is for informational purposes only and does not constitute investment advice. Figures shown are illustrative sample data.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
Mach Conferences and Events IPO is a Book-building IPO with a total issue size of ₹125.28 crore. The Mach Conferences and Events IPO price band is ₹214 to 225 per share. The Mach Conferences and Events IPO subscription opens on Wed, Sep 4, 2024, and closes on Fri, Sep 6, 2024. The Mach Conferences and Events IPO will be listed on the BSE. Skyline Financial Services Private Ltd is the registrar for the Mach Conferences and Events IPO.
The Mach Conferences and Events IPO opens on Wed, Sep 4, 2024 and closes on Fri, Sep 6, 2024
Mach Conferences and Events IPO Price Band is ₹214 to 225 per share.
Mach Conferences and Events IPO lot size is 600 shares, Retail investors need a minimum investment of ₹270000 based on the upper price band
The minimum investment for Mach Conferences and Events IPO is ₹270000, based on one lot of 600 shares at the upper price band of ₹225 per share.
Investors can apply for the Mach Conferences and Events IPO through the ASBA (Application Supported by Blocked Amount) facility offered by their bank or through UPI using a SEBI-registered broker or trading app. Select the desired lot size, enter your bid within the price band, and submit the application before Fri, Sep 6, 2024. The application amount remains blocked until the Mach Conferences and Events IPO allotment is finalized.
Mach Conferences and Events IPO issue size is ₹125.28 crores.
Mach Conferences and Events IPO allotment date is Wed, Jul 1, 2026.
The registrar for Mach Conferences and Events IPO is Skyline Financial Services Private Ltd. Investors can go to Skyline Financial Services Private Ltd website to check Mach Conferences and Events IPO allotment status, refund processing, and other IPO-related information.
The Mach Conferences and Events IPO GMP (Grey Market Premium) is ₹0 as of Wed, Sep 11, 2024. Based on the upper price band of ₹225 per share, the estimated Mach Conferences and Events IPO listing price is ₹225, indicating a potential listing gain of approximately 0% over the issue price.