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Mach Conferences & Events Ltd IPO

₹1,35,000

/ 600
Cutoff - Lot Size
Mach Conferences & Events Ltd IPO
Miscellaneous

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₹1,35,000

/ 600

Cutoff - Lot Size

Open Date

04 Sep 2024

Close Date

06 Sep 2024

Listing Date

11 Sep 2024

Max Investment

₹1,35,000

Price Range

₹225 - ₹225

Lot Size

600

IPO Size

₹125.28Cr

Exchange Symbols

NSE - N/A, BSE - N/A

IPO Dates and Timelines

04 Sep 2024 Open date
06 Sep 2024 Close Date
09 Sep 2024 Basis of
Allotment Date
10 Sep 2024 Initiation of
Refund
10 Sep 2024 Credit of
Shares
11 Sep 2024 Listing Date
04 Sep 2024
Open date
06 Sep 2024
Close Date
09 Sep 2024
Basis of
Allotment Date
10 Sep 2024
Initiation of
Refund
10 Sep 2024
Credit of
Shares
11 Sep 2024
Listing Date

IPO Size

IPO Reservation

Investor Category
Shares Offered
Allocation Percentage %
Anchor Investor Shares Offered
15,78,000
-
QIB Shares Offered
26,31,600
50.0%
NII (HNI) Shares Offered
7,91,400
15.0%
Retails Shares Offered
18,45,000
35.0%
Total Shares Offered
55,68,000
-
Total Shares with Anchor Investor
42,09,600
100%

IPO Lot Size

Applications
Lot
Shares
Amount
Retail (Min)
1
600
₹1,35,000
Retail (Max)
1
600
₹1,35,000
S-HNI (Min)
2
1200
₹2,70,000
S-HNI (Max)
7
4200
₹9,45,000
B-HNI (Min)
8
4800
₹10,80,000

IPO Shareholding Pattern

Category
Pre-Issue
Post-issue
Promoter Group
95.97%
69.92%
Public Group
4.03%
30.08%

IPO Financials

Total Assets Total Liabilities
Total Revenue Total Expenditure
EBITDA Profit
Share Capital

IPO Peers

IPO Strengths & Risks

Strength

Torus

Risks

Torus

TorusEnd to End Solution.

TorusNurturing Long-term Relationships with Customer.

TorusProven Track Record.

TorusEstablished relationship with hospitality & event partners.

IPO Registrars

Skyline Financial Services Pvt

Phone Number:
91-11-26812682
Website:
www.skylinerta.com

Limited

Mach Conferences & Events Limited operates within the MICE (Meetings, Incentives, Conferences, and Exhibitions) industry, specializing in providing comprehensive event management solutions. The Company offers end-to-end services for corporate meetings, conferences, trade shows, and other gatherings, facilitating seamless planning, execution, and coordination. Its expertise lies in crafting tailored experiences, from conceptualization to logistics, to ensure impactful events that meet its clients' objectives. Leveraging innovative design, cost-effective management, and efficient operations. The Company strives to stay competitive in the dynamic market landscape. Its commitment to customer satisfaction drives it to continuously enhance its capabilities and deliver exceptional results in the MICE industry. Majorly, its clientele is from Banking, Finance and Insurance Sector. However, the company has worked for various industries including Hospitality, Infrastructure, FMCG etc. During last three years the company has completed 90 events including events conducted at London, Mussoorie, Bangalore, South Korea, Paris, Goa, Srinagar, Singapore etc. The average revenue for the conducting such events in the FY 2023-24 was Rs. 263.62 lakhs per event.

Contact Details
IPO Company Name:
Limited
Phone Number:
+91 120 4747 000
Website:
www.machconferences.com
Address:
Najafgarh, New Delhi

IPO Overview

: IPO Dates
The IPO opens for subscription on 04 Sep 2024, and closes on 06 Sep 2024. Investors will likely receive their allotment status updates on 09 Sep 2024. Those who get allotted shares can expect them credited to their Demat accounts by 10 Sep 2024. The shares will be officially listed on the stock exchange on 11 Sep 2024.

: IPO Price Band
The IPO consists of a fresh issue and an offer for sale, with a price band set between ₹225.0 and ₹225.0 per share.Investors can apply within this range. This book-building issue includes a fresh issue worth ₹50.15 crore and an offer for sale valued at ₹ 75.13 crore. The exact listing price will be revealed on 11 Sep 2024, which is when the shares start trading on the exchange.

: Lot Size and Issue Size
The minimum application lot size is shares, and investors need to apply for at least one lot. The total IPO size is approximately - crore.

How to Apply for IPO Online?

  1. 1. Log in to Torus Digital: Open the Torus Digital app and enter your login details.
  2. 2. Find the IPO Section: Navigate to the ‘IPO’ tab in the app.
  3. 3. Select IPO: Choose it from the list of available IPOs.
  4. 4. Enter Lot Quantity: Input how many lots you want to apply for.
  5. 5. Provide UPI ID: Submit your UPI ID for payment.
  6. 6. Approve Payment: When the payment request comes to your UPI app, approve it by entering your UPI PIN.

How to Check IPO Allotment Status for ?

  1. 1. Open the Torus Digital app and log in.
  2. 2. Go to the ‘IPO’ section and select ‘IPO Orders’.
  3. 3. Choose the IPO application.
  4. 4. View your allotment status.

You will also get notified of your allotment via push notifications and email from Torus Digital.

FAQ’s

What is the open date of IPO?

  • The opening date of IPO is 04 Sep 2024.

What is the close date of IPO?

  • The closing date of IPO is 06 Sep 2024.

What is the issue size of IPO?

  • The issue size of IPO is Rs Cr.

What is the lot size of IPO?

  • The size per lot of IPO is 600.0.

How to apply for IPO?

  • To apply for IPO:

  • Navigate to the IPO section of mobile app/website

  • Click on Current IPO

  • Click on IPO

  • Enter Lot Quantity

  • Enter Valid UPI ID

  • Click on apply

  • Your application will be processed once the transaction is completed successfully.

What is the allotment date of IPO?

  • The Allotment Date of IPO is 09 Sep 2024.

What is the listing date of IPO?

  • IPO will get listed on .

Who is the registrar of IPO?

  • The registrar of IPO is Skyline Financial Services Pvt.

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