Mach Conferences and Events SME IPO Details, Financials, Valuation & Peers
Get everything you need to know about the Mach Conferences and Events IPO. Explore Mach Conferences and Events IPO details, including IPO dates, financial statements, valuation, peer comparison, and more.
Overview
Mach Conferences and Events Limited is a key player in the MICE (Meetings, Incentives, Conferences, and Exhibitions) industry, offering a wide range of event management solutions tailored to meet the diverse needs of corporate clients. With extensive experience in managing events ranging from small corporate meetings to large global conferences, Mach Conferences and Events Limited excels in delivering seamless, innovative, and impactful event experiences. The company’s services include conference management, exhibition management, destination management, logistics, and more, with a strong focus on customer satisfaction and quality.
Key Points:
- Expertise: Founded in 2004, Mach Conferences and Events Limited has over two decades of experience in the MICE industry, providing specialized event management services.
- MICE Services: Offers end-to-end solutions including conference management, exhibition management, global event planning, and logistics.
- Specialized in Logistics: Manages all logistical aspects of events such as venue selection, accommodation, transportation, and on-site coordination, ensuring seamless execution.
- Diverse Clientele: Serves a broad range of clients, with a strong focus on the Banking, Finance, and Insurance sectors, while also catering to hospitality, infrastructure, and FMCG industries.
- Certifications and Memberships:
- Member of Pacific Asia Travel Association (PATA).
- Allied member of Indian Association of Tour Operators (IATO).
- Awarded “Best MICE Company” by India Travel Awards North 2023 and “Best MICE Organiser” by India MICE Awards 2018.
- Certified by International Air Transport Association (IATA).
- Global Reach: Successfully managed 90 events in FY 2023-24 across various international locations, including London, Paris, Singapore, and South Korea, with an average revenue of ₹2.64 crore per event.
- Extensive Network: Operates in over 18 States and Union Territories in India, with a corporate office in Noida, Uttar Pradesh, and co-working spaces across key locations.
Objects of the Issue
- To Meet Working Capital Requirements
- General Corporate Purpose
IPO Details
Discover essential information crucial for understanding an IPO, including the Price Band, Fresh Issue, Offer For Sale, Total IPO Size and more. Explore these key details to gain insight into the company's public offering.
| Fields | Details |
|---|---|
| IPO Dates | 04 Sep - 06 Sep 2024 |
| IPO Price Band | ₹214 - ₹225 per share |
| Fresh Issue | 22,29,000 shares (₹50.15 crore) |
| Offer For Sale | 33,39,000 shares (₹75.13 crore) |
| Total IPO Size | ₹125.28 crore |
| Face Value | ₹10 |
| Listing On | BSE |
IPO Timeline
Explore important dates like IPO opening, closing, listing and others, outlining the journey of the Public Offering. This will help you grasp the entire IPO journey effortlessly.
| Event | Date |
|---|---|
| IPO Opening Date | 04 Sep 2024 |
| IPO Closing Date | 06 Sep 2024 |
| Basis Of Allotment | 09 Sep 2024 |
| Refunds | 10 Sep 2024 |
| Demat Transfer | 10 Sep 2024 |
| IPO Listing Date | 11 Sep 2024 |
Financial Statements
Explore a comprehensive financial data table showcasing key metrics including revenue, expenses, net income, and others. Gain valuable insights about the company's financial performance at a glance, facilitating informed decision-making and strategic planning for subscribing to the IPO.
| Period Ended | 31st March 2022 | 31st March 2023 | 31st March 2024 |
|---|---|---|---|
| Total Income | 23.84 | 141.94 | 238.99 |
| Total Expenses | 25.94 | 131.25 | 204.13 |
| Net Profit/Loss | -2.61 | 8.81 | 26.18 |
| NPM (*) | -11.26 | 6.23 | 11.04 |
| Total Assets | 40.49 | 57.73 | 101.34 |
| Total Liabilities | 26.92 | 35.34 | 51.77 |
* NPM represents the net profit margin, calculated as a percentage. All other figures are presented in crore (₹cr)
Valuation
Uncover significant valuation metrics such as EPS (Earnings Per Share), ROE (Return on Equity), ROCE (Return on Capital Employed), D/E Ratio (Debt-to-Equity Ratio), Current Ratio, and EBITDA Margin. These key indicators offer insights into the company's financial standing and performance, aiding in informed investment decisions.
| Period Ended | 31st March 2022 | 31st March 2023 | 31st March 2024 |
|---|---|---|---|
| EPS | -1.39 | 4.68 | 13.92 |
| ROE (%) | -17.52 | 48.98 | 72.78 |
| ROCE (%) | -9.57 | 34.06 | 57.57 |
| D/E Ratio | 0.38 | 0.44 | 0.25 |
| Current Ratio | 1.02 | 1.29 | 1.77 |
| EBITDA MARGIN (%) | -9.98 | 7.65 | 14.56 |
* Compiled from DRHP/RHP for valuation purposes.
Peer Comparison
Compare key financial metrics with industry peers to gain valuable insights into the company's performance compared to its competitors.
| Name | Revenue | P/E | EPS | RoNW | NAV |
|---|---|---|---|---|---|
| Mach Conferences and Events Limited | 237.26 | 16.16 | 13.92 | 52.82 | 26.35 |
| Exhicon Events Media Solutions Ltd | 41.18 | 69.28 | 4.87 | 8.56 | 56.85 |
| Touchwood Entertainment Limited | 32.72 | 39.67 | 3.42 | 10.00 | 32.70 |
* Revenue in (₹cr), RoNW in (%), EPS, NAV in (₹). P/E ratio is based on the highest price from the IPO price band.
Subscription Data from NSE and BSE
| Investor Type | Subscribed |
|---|---|
| Qualified Institutional Buyer (QIB) | 146.66 |
| Non-Institutional Investor (NII/HNI) | 403.69 |
| Retail Individual Investor (RII) | 136.49 |
| Total | 196.7 |
* All figures represent multiples of the subscription. Check subscriptions for other ongoing issues here.
IPO Registrar
Skyline Financial Services Private Limited
Phone: 011-40450193-197
Email: ipo@skylinerta.com
Website: www.skylinerta.com
Company Promoters
- AMIT BHATIA
- LAVEENA BHATIA
Lead Managers
- BEELINE CAPITAL ADVISORS PRIVATE LIMITED
Company Address
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, Dichaon Road, Najafgarh Street No- 2, Najafgarh, New Delhi- 110043, India
Phone: +91 120 4747000
Email: compliance@machconferences.com
Website: www.machconferences.com
FAQs
- What is the issue size of the Mach Conferences and Events SME IPO?The Mach Conferences and Events SME IPO has an issue size of ₹125.28 crore. This includes a fresh issue of 22,29,000 shares (₹50.15 crore) and an offer for sale (OFS) of 33,39,000 shares (₹75.13 crore).
- What is the price band of the Mach Conferences and Events IPO?The price band for the Mach Conferences and Events IPO is ₹214 - ₹225 per share.
- What are the bidding dates for the Mach Conferences and Events IPO?The Mach Conferences and Events IPO will open for bidding on 04 Sep 2024 and close on 06 Sep 2024.
- What is the allotment date for the Mach Conferences and Events IPO?The allotment date for the Mach Conferences and Events IPO is 09 Sep 2024.
- What is the listing date for the Mach Conferences and Events IPO?The listing date for the Mach Conferences and Events IPO is 11 Sep 2024.
- What is the Mach Conferences and Events IPO grey market premium?The grey market premium (GMP) for the Mach Conferences and Events IPO is currently at ₹145, with an expected listing gain of approximately 64.44%. Remember, the grey market premium is not an official indicator, but it reflects market perception and demand for the IPO shares.