
Services · BSE
Founded in 2004, Mach Conferences and Events Limited provides end-to-end customized services for the MICE (Meetings, Incentives, Conferences, Exhibitions) and events sector, specializing in conference and exhibition management as well as global event planning. The company oversees complete logistics—including venue selection, accommodation, transportation, local activities, and on-site coordination—and primarily serves clients in the banking, finance, and insurance sectors, while also catering to industries such as hospitality, infrastructure, and FMCG. In FY 2023–24, Mach Conferences and Events Limited successfully managed 90 events across international and domestic locations including London, Mussoorie, Bangalore, South Korea, Paris, Goa, Srinagar, and Singapore, achieving an average revenue of ₹263.62 lakhs per event. As of March 31, 2024, the company employed 55 people.
Price Band
₹214 – ₹225
Issue Size
₹125 Cr
Lot Size
600 shares
GMP
+64.4%
Est. Listing
₹370
at current GMP
Subscribed
196.78x
overall
Open
4 Sep 2024
Close
6 Sep 2024
Allotment
9 Sep 2024
Refund
10 Sep 2024
Demat Credit
11 Sep 2024
Listing
11 Sep 2024
Designated Registrar: Skyline Financial Services Private Limited
Allotment Date
9 Sep 2024
Basis finalization
Refunds Initiate
10 Sep 2024
Mandate release
Demat Credit
11 Sep 2024
Shares in demat
Listing Debut
11 Sep 2024
Trading begins
Mach Conferences and Events Limited is bringing an initial public offering (IPO) in the Services sector with an aggregate issue size of ₹125.28 Crores. The shares are offered at a price band of ₹214 to ₹225 per equity share on BSE. Currently, market analysts recommend evaluating the company's financial valuation, price-to-earnings (P/E) multiple, and peer comparison prior to submitting bids.
The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.
Following the close of bidding on 2024-09-06, the basis of allotment is scheduled to be finalized on 2024-09-09. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Skyline Financial Services Private Limited) or the BSE allotment checking window.
Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.
Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.