Mach Conferences & Events Ltd. IPO — GMP, Details & Subscription

IPO Details

Open Date

04 Sep 2024

Close Date

06 Sep 2024

Allotment

09 Sep 2024

Listing Date

11 Sep 2024

Exchange

BSE SME

Price Band

₹225

Listing Price

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Allotment Status

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Price Band

₹225

Per share

Face Value

₹10 per share

Lot Size

600 Shares

per lot

Issue Size

55,68,000 shares (aggregating up to ₹125.28 Cr)

Total offering

Issue Type

Bookbuilding IPO

Min Investment

₹135,000

1 lot

Pre-IPO Holding

1,88,08,100 shares

Promoters

Post-IPO Holding

2,10,37,100 shares

Promoters

P/E (Pre)

16.16x

P/E (Post)

18.08x

EPS (Pre)

₹13.92

EPS (Post)

₹12.45

UPI Deadline

2024-09-06

Mandate

Anchor AllotmentTue, 03 Sep 2024

Basis of AllotmentMon, 09 Sep 2024

Refund InitiationTue, 10 Sep 2024

Demat CreditTue, 10 Sep 2024

Listing DayWed, 11 Sep 2024

UPI Mandate Deadline2024-09-06

Sale TypeFresh Capital-cum-Offer for Sale

Net Offer to Public52,68,000 shares (aggregating up to ₹118.53 Cr)

Market Maker Quota3,00,000 shares (aggregating up to ₹6.75 Cr)

Fresh Issue Shares19,29,000 shares (aggregating up to ₹43.40 Cr)

Offer for Sale33,39,000 shares of ₹10 (aggregating up to ₹75.13 Cr)

QIB Quota50% of Net Issue

HNI / NII Quota15% of Net Issue

Retail Quota35% of Net Issue

Check AllotmentClick here →

Subscription Rate Final

Mach Conferences & Events Ltd. IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 06 Sep 2024.

QIB

1.00x

Over

NII/HNI

1.00x

Over

Retail

1.00x

Over

Total

1.00x

Over

Category	Subscription	Shares Offered	% of Total	Amount (₹Cr)
Market Maker	Awaited	300,000	—	₹6.75
QIB	Over 1.00x	—	—	—
NII / HNI	Over 1.00x	—	—	—
Retail	Over 1.00x	—	—	—
Total	1.00x	5,568,000	100%	₹125.28

IPO Shares Offered

Mach Conferences & Events Ltd. IPO total issue size: ₹125.28 Cr.

Category	Shares Offered	Amount (₹Cr)	Size (%)
Market Maker	300,000	₹6.75	5.39%
Total	5,568,000	₹125.28	100.00%

* Based on upper price band ₹225 per share

Lot Size & Investment

Lot Size

600

Shares per Lot

Issue Price

₹225.00

Upper Band

Min Investment

₹135,000

1 Lot

Application	Lots	Shares	Amount
Retail (Min — 2 Lots)	2	1,200	₹270,000
Retail (Max — 13 Lots)	13	7,800	₹1,755,000
S-HNI (Min — 14 Lots)	14	8,400	₹1,890,000
B-HNI (Min — 68 Lots)	68	40,800	₹9,180,000

* Issue Price ₹225 × Lot Size 600 shares

IPO Schedule

Anchor

03 Sep 2024

✓ Done

IPO Open

04 Sep 2024

✓ Done

IPO Close

06 Sep 2024

✓ Done

Allotment

09 Sep 2024

✓ Done

Refunds

10 Sep 2024

✓ Done

Demat Credit

10 Sep 2024

✓ Done

Listing Day

11 Sep 2024

✓ Done

₹225.00

INR · BSE

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Issue ₹225.00 Live Price

About Mach Conferences & Events Ltd.

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.

Objects of the Issue

To Meet Working Capital Requirements

General Corporate Purpose

Mach Conferences & Events Ltd. Financials (Amount in ₹ Lakhs)

Revenue from Operations

₹2,383.9

31 Mar 2022

₹14,193.9

31 Mar 2023

₹23,898.6

31 Mar 2024

Profit After Tax (PAT)

-₹260.6

31 Mar 2022

₹880.8

31 Mar 2023

₹2,618.3

31 Mar 2024

Particulars	31 Mar 2024	31 Mar 2023	31 Mar 2022
Revenue from Operations	23898.58	14193.89	2383.88
EBITDA	N/A	N/A	N/A
Profit After Tax (PAT)	2618.29	880.76	-260.63
Net Worth	4956.72	2238.47	1357.71
Total Assets	10133.75	5772.64	4049.21
Reserves & Surplus	3075.91	2233.47	1352.71
Borrowings	1233.08	988.53	509.69
EBITDA Margin (%)	N/A	—	—
PAT Margin (%)	11.04%	—	—

P/BV Ratio

8.54

RoE

72.78%

RoCE

57.57%

RoNW

52.82%

PAT Margin

11.04%

Issue Structure & Shareholding

Total Shares Offered55,68,000 (100.00%)

Net Offer to Public52,68,000 shares (aggregating up to ₹118.53 Cr)

Reserved for Market Maker3,00,000 shares (aggregating up to ₹6.75 Cr)

Pre-Issue Promoter Holding1,88,08,100 shares

Post-Issue Promoter Holding2,10,37,100 shares

P/BV Ratio8.54

RoE72.78%

RoCE57.57%

Debt / EquityN/A

Script CodeN/A

Registrar & Lead Managers

IPO Registrar

Skyline Financial Services Pvt.Ltd

02228511022

ipo@skylinerta.com

https://www.skylinerta.com/ipo.php

Check Allotment

Book Running Lead Managers

Beeline Capital Advisors Pvt.Ltd

GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.

IPO Subscription FAQs

How much Mach Conferences & Events Ltd. IPO subscribed? ▲

Mach Conferences & Events Ltd. IPO is subscribed 1.00 times by Sep 06, 2024. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor Category	Subscription
Qualified Institutional (QIB)	1.00x
Non Institutional (NII/HNI)	1.00x
Retail Individual	1.00x
Total Subscription	1.00x

What is Mach Conferences & Events Ltd. IPO retail subscription status? ▼

The Mach Conferences & Events Ltd. IPO retail category is subscribed 1.00 times as of 06 Sep 2024. The retail portion is oversubscribed.

How to subscribe Mach Conferences & Events Ltd. IPO? ▼

Subscribe via your broker app using ASBA or UPI. Opens 04 Sep 2024 and closes 06 Sep 2024. Min investment: ₹135,000 (1 lot = 600 shares). UPI mandate: 2024-09-06.

How many times Mach Conferences & Events Ltd. IPO subscribed? ▼

The Mach Conferences & Events Ltd. IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Mach Conferences & Events Ltd. IPO allotment? ▼

Check allotment on the registrar website (Skyline Financial Services Pvt.Ltd) at https://www.skylinerta.com/ipo.php. Enter your PAN, application number or DP/Client ID. Allotment date: 09 Sep 2024. Refunds: on 10 Sep 2024.

When Mach Conferences & Events Ltd. IPO will be listed? ▼

The Mach Conferences & Events Ltd. IPO listing date is 11 Sep 2024, Wednesday. Listed on: BSE SME. Issue price: ₹225. Estimated listing: ₹225. GMP: NIL.

When Mach Conferences & Events Ltd. IPO close? ▼

The Mach Conferences & Events Ltd. IPO closes on 06 Sep 2024, Friday. UPI mandate: 2024-09-06. Allotment: 09 Sep 2024. Listing: 11 Sep 2024.

Quick Actions

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Live Price LIVE

Last Price₹225.00

Change—

Issue Price₹225.00

vs Issue—

Quick Summary

StatusListed

Issue Price₹225

Face Value₹10

Lot Size600 Sh

Min. Amount₹135,000

GMPNIL

Est. Listing₹225

Subscribed1.00x

Open Date04 Sep 2024

Close Date06 Sep 2024

Allotment09 Sep 2024

Listing Date11 Sep 2024

ExchangeBSE SME

UPI Deadline2024-09-06