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SME IPO Status: Listed [4th Sep 2024 to 6th Sep 2024]
Mach Conferences and Events IPO, a SME IPO of ₹125.28 Cr was launced on 04-09-2024 to 06-09-2024 and the shares got listed on BSE SME on 11-09-2024.
The public issue of Mach Conferences and Events IPO (544248) was offered at ₹225.00 per share and the ipo was listed at ₹300.00. It has delivered listing gain of 33.33%.
As the minimum lot size was 600 shares, the IPO has offered Rs 45000.00 per lot return on listing.
| SME IPO Issue Opening Date: | 4th Sep 2024 |
| SME IPO Issue Closing Date: | 6th Sep 2024 |
| SME IPO Issue Price: | ₹214.00-225.00 Per Share |
| DRHP: | Download DRHP |
| RHP: | Download RHP |
| Anchor List: | Download Anchor List |
| IPO Listing At: | BSE SME |
| Retail Quota: | Not less than 35.00% of the Offer |
| SME IPO Issue Type: | Book Build Issue |
| SME IPO Issue Size: | ₹125.28 Cr |
| Offer for Sale: | ₹75.13 Cr |
| Fresh Issue: | ₹50.15 Cr |
| Face Value: | ₹10 Per Equity Share |
| SME IPO Discount: | TBD |
| Promoter Holding Pre IPO: | 95.97% |
| Promoter Holding Post IPO: | 69.92% |
| Allotment Status: | Allotment Status |
| BSE Code: | 544248 |
Get important updates regarding Mach Conferences and Events SME IPO tentative timeline covering SME IPO opening, closing, allotment, and listing dates. Dates are updated as they are announced.
| SME IPO Activity | Date |
|---|---|
| Basis of Allotment Date* | 9th Sep 2024 |
| Refunds Initiation* | 10th Sep 2024 |
| Credit of Shares to Demat* | 10th Sep 2024 |
| SME IPO Listing Date* | 11th Sep 2024 |
* - Tentative Dates
| SME IPO Activity | Date |
|---|---|
| Issue Price | ₹214.00-225.00 |
| Market Lot: | 600 Shares |
| 1 Lot Amount: | ₹135000 |
| Min HNI Lots: | 1200 shares (2 lots)- ₹270000 |
| GMP Date | IPO Price | GMP | Sub2 Sauda Rate | Expected Listing Gain | Last Updated |
|---|---|---|---|---|---|
| 11-09-2024 | 225.00 | 145 | 66100 | ₹370 (64.44%) | 11-Sep-2024 10:29 |
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**The GMP prices shown here are only news related to the grey market. We do not trade/deal in grey market or subject to rates (sub2), nor do we recommend trading in grey market.
Mach Conferences And Events Limited was established in April 2004 and offers a comprehensive range of bespoke services to the MICE (Meeting, Incentives, Conferences, Exhibitions) and events sector. Their experience ranges from organizing small corporate events to large global events. They specialize in conference management, exhibition management and global event planning. They also handle all logistical aspects of events at specific locations. This includes venue selection, accommodation options, transportation logistics, local activities and on-site coordination.
The company operates in the MICE (Meetings, Incentives, Conferences, and Exhibitions) industry and specializes in providing comprehensive event management solutions. The company provides end-to-end services for corporate meetings, conferences, trade shows and other events, enabling seamless planning, execution and coordination. Their expertise lies in creating customized experiences, from conception to logistics, to ensure impactful events that meet their clients' objectives. The focus is on innovative design, cost-effective management and efficient operations. The company strives to remain competitive in the dynamic market landscape.
Currently, the company offers a comprehensive range of MICE services (meetings, incentives, conferences and exhibitions) specifically tailored to B2B clients. Going forward, the plan is to tap into the B2C segment by launching a B2C travel portal “BookMyYatra.com”, which will provide us with a strategic opportunity to leverage an existing customer base and expand market reach.
| Incorporation | Sector | IPO Issue Size | Website |
| 2004 | Other Consumer Services | ₹125.28 Cr | http://www.machconferences.com/ |
The Net Proceeds from the Fresh Issue will be utilized towards the following objects:
Our experts can help you prepare for SME IPO
The table below is live update of SME IPO bidding details from NSE and BSE.
| Day | QIB | NII | RII | Total | |
|---|---|---|---|---|---|
| # of Shares Offered | 1,053,600 (28.55%) | 791,400 (21.45%) | 1,845,000 (50%) | 3,690,000 | |
| 1 | 4th Sep 2024 19:04 | 3.52x | 7.85x | 9.88x | 7.63x |
| 2 | 5th Sep 2024 19:04 | 4.05x | 21.85x | 33.53x | 22.61x |
| 3 | 6th Sep 2024 18:21 | 146.66x | 403.69x | 136.49x | 196.70x |
Mach Conferences and Events Limited's revenue increased by 68% and profit after tax (PAT) rose by 197% between the financial year ending with March 31, 2024 and March 31, 2023.
| Period Ended | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 | |||||||||||||||||||||||||||
| Assets | 10,133.75 | 5,772.64 | 4,049.21 | |||||||||||||||||||||||||||
| Revenue | 23,898.58 | 14,193.89 | 2,383.88 | |||||||||||||||||||||||||||
| Profit After Tax | 2,618.29 | 880.76 | -260.63 | |||||||||||||||||||||||||||
| Net Worth | 4,956.72 | 2,238.47 | 1,357.71 | |||||||||||||||||||||||||||
| Reserves and Surplus | 3,075.91 | 2,233.47 | 1,352.71 | |||||||||||||||||||||||||||
| Total Borrowing | 1,233.08 | 988.53 | 509.69 | |||||||||||||||||||||||||||
| Amount in ₹ Lakhs | ||||||||||||||||||||||||||||||
The table below show peer comparison from DRHP/RHP.
| Company | EPS Basic | EPS Diluted | NAV | P/E(x) | RoNW | Financial statements |
|---|---|---|---|---|---|---|
| Mach Conferences and Events Limited | 13.92 | 26.35 | 52.82 | Standalone | ||
| Exhicon Events Media Solutions Ltd | 4.87 | 56.85 | 69.28 | 8.56 | Standalone | |
| Touchwood Entertainment Limited | 3.42 | 32.7 | 39.67 | 10 | Standalone |
Last Updated on 15-Sep-2024 07:03:23
Zerodha allows to apply online in IPOs via their back office software "console". UPI payment mode is to be used to apply online through Zerodha. To purchase Mach Conferences and Events SME IPO with Zerodha, you must be Zerodha customer and have UPI payment setup. For more details please visit detailed article Step by Step Guide to apply Mach Conferences and Events SME IPO with Zerodha.
Alternate approch to apply in Mach Conferences and Events SME IPO is ASBA. You can use Zerodha DP information and apply online via ASBA with your prefered net banking user id.
Mach Conferences and Events SME IPO Review and Important Updates
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To subscribe or apply in Mach Conferences and Events SME IPO, you can use the following methods:
| Mach Conferences and Events SME IPO Applying Mode | ||
| Online Application | 3-in-1 Trading Account | If your broker is 3-in-1 service provider, you can apply in Mach Conferences and Events SME IPO directly with your brokers website. Example HDFC Sky, ICICI Direct, AxisDirect are 3-in-1 brokers provide you direct IPO investment. |
| Online Application | 2-in-1 Trading Account | Brokers like Zerodha, TradeSmart Online provides access to applying in Mach Conferences and Events SME IPO with their in-house developed platform. You need to apply in IPO via UPI payment method. You must have access of your UPI mandate to apply in IPO online. |
| Online Application | ASBA | This is one of the most popular mode of applying in Mach Conferences and Events SME IPO. Most of the Syndicate Banks provide access to apply in Mach Conferences and Events IPO via ASBA process. You must have your net banking access, DP ID information to apply in Mach Conferences and Events SME IPO via ASBA. Bank like Axis, SBI allows you to apply maximum 5 application from one bank account. However, ICICI, HDFC bank have limit of one IPO ASBA application per account. |
| Offline Application | Physical Form | You can apply in Mach Conferences and Events SME IPO via physical form, but not with ASBA. Physical Forms need to be filled using UPI mode of payment and need to approve the mandate of UPI with your registered phone number with your UPI provider. You can use BHIM app or banks mobile app who support UPI process like SBI, HSBC, Axis, ICICI, HDFC, Yes Bank, Citi Bank mobile app. |
Mach Conferences and Events SME IPO Review and Important Updates
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Mach Conferences and Events SME IPO is going to be list on 11-09-2024. BSE Code for Mach Conferences and Events is 544248.
Other relevant questions:
When Mach Conferences and Events SME IPO will be listing? Mach Conferences and Events SME IPO BSE listing date?Mach Conferences and Events SME IPO date of listing
Mach Conferences and Events SME IPO Allotment Date is 09-09-2024.
Other relevant questions:
Mach Conferences and Events SME IPO share allotment date?Mach Conferences and Events SME IPO allotment date?
