| IPO Listing At | BSE SME |
| SME IPO Issue Type | Book Build Issue |
| Total Issue Size | ₹125.28 Cr |
| Reserved for Market Maker | ₹0.00 Cr |
| Net Issue Size | ₹125.28 Cr |
| Fresh Issue | ₹43.40 Cr |
| Offer for Sale | ₹75.13 Cr |
| Face Value | โน10 Per Equity Share |
| Price Band | โน214.00-225.00 per share |
| Discount | Retail: 0.00 |
| BSE Code | 544248 |
| Registrar | Skyline Financial Services Pvt.Ltd. |
| Lead Managers | Beeline Capital Advisors Pvt.Ltd. |
Disclaimer: GMP is sourced from grey market dealers and is indicative only. Always conduct your own due diligence.
* Allotment, Refund, Demat Credit & Listing dates are tentative and subject to change.
Minimum bid: 600 shares and in multiples thereof
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.
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (โน Cr.) |
|---|---|---|
| 1 | To Meet Working Capital Requirements | 33.26 |
| 2 | General Corporate Purpose | 12.52 |
| Period Ended | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Assets | 101.34 | 57.73 | 40.49 |
| Total Income | 238.99 | 141.94 | 23.84 |
| Profit After Tax | 26.18 | 8.81 | -2.61 |
| NET Worth | 49.57 | 22.38 | 13.58 |
| Reserves and Surplus | 30.76 | 22.33 | 13.53 |
| Total Borrowing | 12.33 | 9.89 | 5.10 |
| Amount in ₹ Crore | |||
| KPI | Mar 31, 2024 |
|---|---|
| ROE | 72.78% |
| ROCE | 57.57% |
| RoNW | 52.82% |
| PAT Margin | 11.04% |
| Price to Book Value | 8.54 |
| Metric | Pre IPO | Post IPO |
|---|---|---|
| EPS (โน) | 13.92 | 12.45 |
| P/E (x) | 16.16 | 18.08 |
| Promoter Holding | 95.97% | 69.92% |
| Market Cap | โน473.33 Cr. | |