A comprehensive overview of the Mach Conferences and Events IPO, including key dates, pricing, and allotment details.

Mach Conferences and Events has published that its IPO is going to be open on 4^th September 2024 and will end on 6^th September 2024. It specializes in organizing and managing corporate events, conferences, and exhibitions, delivering customized event solutions for businesses. It aims to gather INR 125.28 crores with 3,339,000 equity shares with a price band of INR 214 to INR 225 per share.

Table of Contents

• Company Overview
• Company Strategy
• Details on IPO Date and Price Band
• IPO Objective
• Market Lot Information on Mach Conferences and Events IPO
• Allotment Dates for Mach Conferences and Events IPO
• Application Process of IPO
• Financial Analysis of Company
• IPO Valuation
• Competitor Analysis
• Registrar for Mach Conferences and Events IPO
• Offer Lead Manager
• Company Address

Company Overview

Mach Conferences and Events is an event management company that provides services to conduct corporate conferences, business meetings, exhibitions, and various business-oriented occasions. As a professional conferences and events organizer, Mach Conferences and Events specializes in presenting high-quality and individual-specific event management services such as planning, coordinating, sourcing, and executing events. The company’s mission focuses on delivering memorable and effective experiences to clients with keen attention to detail. The company has a group of highly qualified personnel who strive to make Mach Conferences and Events a company focused on providing every detail necessary for an event to be organized to deliver quality services to the client’s needs.

Company Strategy

Mach Conferences and Events focus on the meetings, incentives, conferences, and exhibitions segment (MICE industry), offering full-service event planning services. There is an emphasis on comprehensive service provision, ranging from transport and accommodation to event optimization, guaranteeing effective results that meet client expectations. It underscored the importance of customers and product development strategies to counter continued competition. The company has its focus on various lines of business mainly banking and finance and it has a general goal of increasing geographic coverage and improving operational capacity through investments and staff loyalty.

Details on IPO Date and Price Band

 IPO Objective:

The main purpose of the IPO for Mach Conferences and Events Company is for the provision of working capital that will facilitate operational management and financial sustainability. Also, the proceeds will be channeled into general corporate purposes which will encompass strengthening the survival capabilities of the company, funding new development activities, and embracing strategic plans. This financial boost will help Mach Conferences and Events to establish a better position in the market and enhance the operations for services successfully.

Market Lot Information on Mach Conferences and Events IPO:

The lot size and corresponding amounts are as follows:

• Retail Minimum: 1 lot (600 shares) for INR 135,000
• Retail Maximum: 1 lot (600 shares) for INR 135,000
• S-HNI Minimum: 2 lots (1,200 shares) for INR 270,000

Allotment Dates for Mach Conferences and Events IPO:

Mach Conferences and Events IPO open date is September 4 and the IPO close date is September 6. The IPO allotment date is September 9 and the listing date is September 11.

Application Process of IPO

The IPO can be accessed by submitting an application through the online ASBA (Application Supported by Blocked Amount) facility from the bank through ‘Internet banking’, going to ‘Invest’, and applying for the Mach Conferences and Events. On the other hand, the IPO forms are also available for download on the BSE & NSE websites which the candidates can fill and submit.

Financial Analysis of the Company

Financials in INR Crores.

Mach Conferences and Events has shown remarkable financial growth, with revenue increasing from INR 23.84 crore in 2022 to INR 238.99 crore in 2024. Expenses also rose, but profitability improved significantly, with Profit After Tax climbing from INR 2.61 crore to INR 26.18 crore. Asset growth from INR 40.49 crore to INR 101.34 crore supports its expansion. Overall, the company demonstrates strong market performance, effective cost management, and a solid foundation for future growth.

IPO Valuation (FY 2024)

The company’s EPS stands at a value of INR 13.92 with a Return on Net Worth (RoNW) of 52.82% and a Net Asset Value (NAV) per share of INR 26.35 in the financial year 2024. The IPO price band ranges from INR 214 to INR 225 per share with the issue of 3,339,000 equity shares to raise INR 125.28 crores to raise funds for working capital, general corporate purposes, and growth initiatives to strengthen market position and expand service offerings.

 Competitor Analysis

Here is the competitor of Mach Conferences and Events:

Exhicon Events Media Solutions Ltd

Exhicon Events Media Solutions Ltd. is a leading event management company offering unique corporate event solutions, events, exhibitions, and conferences in India. Catering to the specific needs of its clients, Exhicon provides full event solutions, including event management, creative and technical services, event coordination, and on-site fulfillment. This company aims to deliver optimum client satisfaction through attentive consideration and innovative realism. It is therefore committed to maximizing brand exposure and leaving behind unique events that will help to capture business performance and enhance clients’ satisfaction.

Touchwood Entertainment Limited

Touchwood Entertainment Ltd. is the leading entertainment company that deals in event management and production and organizes concerts, theater, and corporate events. Coupling its expertise in event production and planning, Touchwood provides its clientele with an array of diversified services, including entertainment talent procurement, advertising, and promotions. The company values its purpose to deliver impressive entertainment experiences through professionalism, creativity, and overall consumer insights. Touchwood Entertainment Limited’s vision is to be among the top entertainment solution providers in the entertainment market of India and beyond with a competitive advantage to both its clients and the audience.

Mach Conferences and Events IPO Registrar

Skyline Financial Services Private Ltd
Phone: 02228511022
Email: ipo@skylinerta.com

Website: https://www.skylinerta.com/ipo.php

Offer Lead Manager

Beeline Capital Advisors Pvt Ltd

Beeline Capital Advisors Pvt Ltd is a financial service provider focusing on investment banking; this being its main division; it deals with mergers and acquisitions, capital raising, and strategic financial consultancy. Possessing vast experience in the industry, the company extends its services to a wide range of clients, providing a custom approach toward their financial management. Thus, Beeline Capital Advisors established its focus on offering experienced advice as well as unique approaches to serve as a financial advisor and implement various goals and objectives related to financial transactions and the capital structure of businesses, etc. The company’s loyalty to its standards and knowledge of the market makes it an ideal ally in the financial advisory industry.

Conclusion

The Mach Conferences and Events IPO offers a promising investment opportunity in a rapidly growing event management sector. With a robust financial track record, the company has demonstrated significant growth in revenue and profitability over the past few years. The IPO proceeds will strengthen the company’s working capital and support its expansion strategies, positioning Mach Conferences and Events for continued success. As the event management industry evolves, this IPO provides investors a chance to be part of a dynamic company focused on delivering exceptional corporate event solutions.