Mach Conferences and Events IPO: Date, Price, Review, and Allotment Details

Mach Conferences and Events offer a comprehensive range of services tailored for the MICE (Meetings, Incentives, Conferences, Exhibitions) and Events sector. The company specializes in conference management, exhibition management, and global event planning. They handle all logistical aspects of events at specific destinations, including venue selection, accommodation arrangements, transportation logistics, local activities, and on-site coordination.

The company’s clientele primarily comes from the banking, finance, and insurance sectors. However, Mach Conferences has also worked with various industries, including hospitality, infrastructure, and FMCG. Over the past three years, the company has completed 90 events in locations such as London, Mussoorie, Bangalore, South Korea, Paris, Goa, Srinagar, and Singapore. The average revenue for these events in FY 2023-24 was INR 2.64 crore per event.

Mach Conferences and Events IPO open date is September 4, 2024 and the IPO will close on September 6, 2024. Mach Conferences and Events is a Book Built Issue. The company to raise around ₹125.28 crores via IPO that comprises fresh issue of ₹50.15 crores and offer for sale up to 3,339,000 equity shares with face value of ₹10 each.

Mach Conferences and Events IPO Details

Mach Conferences and Events SME IPO dates

Mach Conferences and Events IPO price band is ₹214 to ₹225 per share. The retail quota is 35%, QIB is 50%, and HNI is 15%. Mach Conferences and Events IPO to list on BSE on September 11, 2024. The allotment of Mach Conferences and Events IPO date is September 9, 2024.

The company reported revenue of ₹238.99 crores in 2024 against ₹141.94 crore in 2023. The company reported profit of ₹26.18 crores in 2024 against profit of ₹8.81 crores in 2023. As per the financials the IPO investors should apply the IPO for a long term.

Mach Conferences and Events SME IPO Lots