Mach Conferences and Events Limited

Company Profile
Company Name Mach Conferences and Events Limited
Open Date 04-09-2024
Close Date 06-09-2024
Exchange BSE SME
Lot Size 600 Shares
Issue Price ₹214 to ₹225 per share
Issue Size 55,68,000 shares
Application Amount ₹1,35,000
Recommendation Avoid
Mach Conferences and Events Limited was originally formed and incorporated on April 29, 2004. The registered office is located in Najafgarh, New Delhi, India. The Company operates within the MICE (Meetings, Incentives, Conferences, and Exhibitions) industry, specializing in providing comprehensive event management solutions. The company operates in arranging small corporate events to large global events. The company operates in more than 18 States and Union Territories. The company had 55 permanent employees as of March 31, 2024
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Financial Summary in Lakhs

For the Period Ended Mar-22 Mar-23 Mar-24
Revenue 2,314.09 14,129.17 23,725.89
EBITDA -221.40 1,083.63 3,491.98
Net Profit -260.64 880.75 2,618.27
RoCE -17.31% 39.51% 60.96%
ROE -19.20% 39.35% 52.82%
P/E - 48.08 16.16

Tentative Timeline

Opening Date 04-09-2024
Closing Date 06-09-2024
Basis of Allotment 09-09-2024
Initiation of Refunds 10-09-2024
Credit of Shares to Demat 10-09-2024
Listing Date 11-09-2024

Objects of the Issue

To meet the Working Capital Requirements
General Corporate Purposes

Contact Information

Registered Office 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/

Registrar Details

Name Skyline Financial Services Private Ltd
Phone 02228511022
Email ipo@skylinerta.com
Website https://www.skylinerta.com/ipo.php

IPO Reservation

QIB Shares Offered Not more than 50.00% of the Net offer
Retail Shares Offered Not less than 35.00% of the Offer
NII (HNI) Shares Offered Not less than 15.00% of the Offer

Shareholding Pattern

Share Holding Pre Issue (Promoters) 95.97%
Share Holding Post Issue (Promoters) 69.93%

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