Mach Conferences & Events Ltd

Mach Conferences & Events Ltd IPO

Mach Conferences & Events Ltd IPO Price Range is ₹214 - 225, with a minimum investment of ₹1,35,000 for 600 shares.

₹1,35,000

/ 600 shares

Minimum Investment

View Mach Conferences & Events Ltd IPO details including price range, minimum investment, lot size, financials, and IPO timeline. Get subscription updates, peer comparison, and key insights to help you make an informed decision.

IPO Status

Closed

Price Band

₹214 - 225

Open Date

2024-09-04

Close Date

2024-09-06

IPO Size

₹125.28 Cr

Lot Size

600 shares

Min Investment

₹1,35,000

Listing Exchange

BSE

Mach Conferences & Events Ltd IPO Application Timeline

passed
Open Date4 Sep 2024
passed
Close Date6 Sep 2024
passed
Allotment Date9 Sep 2024
passed
Listing Date11 Sep 2024

Strengths and Risks

Strengths

Strengths

  • End to End Solution.

  • Nurturing Long-term Relationships with Customer.

  • Proven Track Record.

  • Established relationship with hospitality & event partners.

  • Experienced Promoters and Management Team.


Risks

Risks

  • Its Registered Office and Corporate Office from where the company operates are not owned by it.

  • In order to avail benefit of Input Tax Credit on Place of Supply the company has locational presence by way of co-working space in various states and union territories where the company does not have any operational presence.

  • The outbreak of pandemic or any other disease leading to the implementation of restrictions such as lockdowns, quarantines, travel bans or limit on public gatherings, which is unpredictable and highly uncertain, could negatively impact its business operations.

  • The company has certain outstanding litigation against the Company, an adverse outcome of which may adversely affect its business, reputation and results of operations.

  • The company is exposed to casualty that may occur during Events.

  • Any offensive Comments by the Artist during the live shows or concert may put company in legal controversy which in turn affect its business & financial growth.

  • The Company is dependent on few numbers of customers for sales. Loss of any of this large customer may affect its revenues and profitability.

  • The Company requires significant amounts of working capital for continued growth. Its inability to meet the company working capital requirements may have an adverse effect on the results of operations.

  • The company has total indebtedness of Rs. 1233.08 lakhs. If the company is unable to service its debt obligations in a timely manner or to comply with various financial and other covenants and other terms and conditions of its financing agreements, it may adversely affect the companys business, credit rating, reputation, prospects, results of operations, cash flows and financial condition.

  • The company has experienced losses in the past and may also experience in future.

How to Apply for Mach Conferences & Events Ltd IPO on INDmoney

1

Download the INDmoney app and complete your KYC to open an account.

2

Go to the INDstocks section and tap on IPO, or search for ‘IPO’.

3

Select Mach Conferences & Events Ltd IPO from the list of live IPOs.

4

View key details like price band, lot size, and dates, then tap ‘Apply Now’.

5

Choose the number of lots and place your order via UPI.

6

Your funds will be blocked until the share allotment is finalized.

About Mach Conferences & Events Ltd

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.

Frequently Asked Questions of Mach Conferences & Events Ltd IPO

What is the size of the Mach Conferences & Events Ltd IPO?

The size of the Mach Conferences & Events Ltd IPO is ₹125.28 Cr.

What is the allotment date of the Mach Conferences & Events Ltd IPO?

Mach Conferences & Events Ltd IPO allotment date is Sep 9, 2024 (tentative).

What are the open and close dates of the Mach Conferences & Events Ltd IPO?

The Mach Conferences & Events Ltd IPO will open on Sep 4, 2024 and close on Sep 6, 2024

What is the lot size of Mach Conferences & Events Ltd IPO?

The lot size for the Mach Conferences & Events Ltd IPO is 600.

When will my Mach Conferences & Events Ltd IPO order be placed?

Your Mach Conferences & Events Ltd IPO order will be placed on Sep 4, 2024

Can we invest in Mach Conferences & Events Ltd IPO?

Yes, once Mach Conferences & Events Ltd IPO opens, you can invest in the shares of the company.

What would be the listing gains on the Mach Conferences & Events Ltd IPO?

The potential listing gains on the Mach Conferences & Events Ltd IPO will depend on various market factors and cannot be predicted with certainty.

What is 'pre-apply' for Mach Conferences & Events Ltd IPO?

'Pre-apply' for Mach Conferences & Events Ltd IPO indicates your interest in the IPO before it opens for subscription. This ensures quick application when the IPO goes live.