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Mach Conferences IPO IPO

SME4 Sep 20246 Sep 2024
Open
4 Sep 2024
Close
6 Sep 2024
3
Allotment
Listing
Wed, Sep 11, 2024
Price Band
₹214 to ₹225
Issue Size
55,68,000 shares (agg. up to ₹125 Cr)
Lot Size
600 Shares
Listing Date
Wed, Sep 11, 2024
Latest GMP
₹145
Est. Gain
64.44%
✦ AI Insight

GMP Trend

11-09-2024145Est. ₹370+64.44%
10-09-2024145Est. ₹370+64.44%
09-09-2024185Est. ₹410+82.22%

Live Subscription

CategorySubscription (times)
Total137.14x

Restated Financials (₹ Cr.)

Period Ended31 Mar 202431 Mar 202331 Mar 2022
Assets101.3457.7340.49
Total Income238.99141.9423.84
Profit After Tax26.188.81-2.61
NET Worth49.5722.3813.58
Reserves and Surplus30.7622.3313.53
Total Borrowing12.339.895.10
Amount in ₹ Crore

Peer Comparison

CompanyIssue TypeIssue SizeIssue PricePE RatioListing Day CloseListing Gain/Loss %LTP
E Factor Experiences Ltd.SME₹25.92 Cr₹759.59₹120.75₹160.35 ()

Objects of the Issue

#Issue ObjectsEst Amt (₹ Cr.)
1To Meet Working Capital Requirements33.26
2General Corporate Purpose12.52

About Mach Conferences IPO

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 employe

Contact Details

Mach Conferences & Events Ltd. AddressOffice No-4, 2nd/Floor, Master Space, Plot No-27Kh/Mustatil No.-154, Killa No-19/2, Uggarsain ParkNajafgarh Street No 2, NajafgarhNew Delhi, New Delhi, 110043+91 120 4747000compliance@machconferences.comVisit Website