- NEGATIVE
Annual Revenue Mach Travel Solutions Mar-2026 Annual Revenue is Rs 220 Cr which is growth of -8.1% YoY.
- POSITIVE
Annual Net Profit Mach Travel Solutions Mar-2026 Annual Net Profit is Rs 17 Cr which is growth of 17.1% YoY.

Mach Conferences and Events was incorporated on April 29, 2004. The company offers a comprehensive range of services tailored for the MICE (Meetings, Incentives, Conferences, Exhibitions) and Events sector. It specializes in event planning, handling everything from venue selection to on-site coordination for conferences and exhibitions.
| Bidding Dates |
|---|
| 04 Sep 2024 - 06 Sep 2024 |
| Subscription |
|---|
| 181.99x Oversubscribed |
| Minimum Investment | Minimum Lot | Maximum Lot | Lot Size | Number of Shares | Issue Price Band | Post Issue Promoter Holding % | Issue Size | IPO Document |
|---|---|---|---|---|---|---|---|---|
| ₹128,400 | 1 | 1 | 600 | 5.6 M | ₹214 - ₹225 | 69.93 % | ₹1,191.6 M - ₹1,252.8 M | RHP DOC |
Mach Conferences and Events Ltd. IPO SUBSCRIPTION STATUS
06 Sep '24Mach Conferences and Events Ltd. IPO overall subscription rate was 181.99 times the total available shares
Mach Conferences and Events Ltd. IPO retail subscription rate was 136.49 times in the retail segment
Mach Conferences and Events Ltd. IPO non-institutional investor subscription rate was 293 times in the non-institutional investor category
Mach Conferences and Events Ltd. IPO Qualified Institutional Bidder subscription rate was 146.66 times the available shares for Qualified Institutional Bidder
| Day | Retail Individual Investor | HNI (NII) Investors | Qualified Institutional Buyers |
|---|---|---|---|
| Category Reservation | 35% | 15% | 50% |
06 Sep 2024 (Day 3) | 136.49x | 293x | 146.66x |
05 Sep 2024 (Day 2) | 33.54x | 16.12x | 4.05x |
04 Sep 2024 (Day 1) | 9.88x | 5.69x | 3.52x |
Mach Conferences and Events Ltd. FINANCIALS
| Period | Net Profit (Rs in millions) | Revenue from Operations (Rs in millions) | Cash Flow from Operations (Rs in millions) | Free Cash Flow (Rs in millions) | Margins |
| FY24 | 261.8 | 2372.6 | 177.2 | 139.4 | 14.6% |
| FY23 | 88.1 | 1412.9 | -33.0 | -78.5 | 7.7% |
| FY22 | -26.1 | 231.4 | -66.2 | -157.0 | -10.0% |
Mach Conferences and Events Ltd. IPO SUBSCRIPTION STATUS DETAILS
Mach Conferences and Events Ltd. had 5.6 M shares on offer
Mach Conferences and Events Ltd. IPO offer price was in the range ₹214 - ₹225
Mach Conferences and Events Ltd. IPO minimum Investment was ₹128400
Mach Conferences and Events Ltd. IPO issue size was ₹ 1,191.6 M - ₹ 1,252.8 M
Mach Conferences and Events Ltd. had a minimum lot size of 600 Shares per application
Mach Conferences and Events Ltd. NUMBER OF SHARES ON OFFER
Mach Conferences and Events Ltd. IPO IMPORTANT DATES
| Issue Open Date | 04 Sep 2024 |
| Issue close Date | 06 Sep 2024 |
| Allotment Date | 09 Sep 2024 |
| Refund Date | 10 Sep 2024 |
| Demat Account Credit Date | 10 Sep 2024 |
| Listing Date | 11 Sep 2024 |
| Listing on Exchange(s) | BSE |
| Mach Conferences and Events Ltd. Allotment Status | Exchange |
Mach Conferences and Events Ltd. IPO subscription opened on 04 Sep 2024, and closed on 06 Sep 2024
IPO allotment for Mach Conferences and Events Ltd. was finalized on Monday, 09 Sep 2024
IPO listing for Mach Conferences and Events Ltd. was on BSE on Wednesday, 11 Sep 2024
Mach Conferences and Events Ltd. IPO LISTING GAINS
| Issue Price (adjusted) | 225.0 |
| Listing Open Price | 300.0 |
| Listing Close Price | 295.6 |
| Listing Gain% | 33.3% |
| Current Gain% | -2.1% |
Mach Conferences and Events Ltd. Peer
| Stock | Stock Price | Market Cap (Rs crore) | PE TTM | PEG TTM | PS TTM | ROE% | ROA% | Annual Revenue (Rs crore) | Annual Revenue Growth % | Annual Net Profit (Rs crore) | Annual Net Profit Growth % | EPS TTM | EPS TTM Growth % |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Mach Travel Solutions Ltd. | 220.4 | 463.6 | 29.6 | 2.8 | 1 | 12.9 | 8.6 | 233.3 | -2.4 | 15.7 | 10.5 | 7.4 | 10.5 |
| Urban Company Ltd. | 158.1 | 24385 | -53.4 | 0.1 | 13 | -11 | -8.7 | 1692.2 | 34.2 | -234.8 | -197.9 | -3 | -358.8 |
| WeWork India Management Ltd. | 681.6 | 9466.1 | 96.4 | 0.3 | 3.4 | 25 | 1 | 2490.4 | 23 | 74.4 | -41.6 | 7.1 | 280.1 |
| Rentomojo Ltd. | 579.4 | 6031.9 | 35.3 | 16.3 | 394.1 | 44.9 | 104.3 | 142 | |||||
| Smartworks Coworking Spaces Ltd. | 515.8 | 5900.3 | 104.1 | 0.4 | 2.8 | 2 | 0.2 | 1849.9 | 31.2 | 10.5 | 116.7 | 5 | 278.9 |
| Indiqube Spaces Ltd. | 184.3 | 3907.5 | -56.2 | -1.5 | 2.3 | -20.6 | -1.6 | 1527.5 | 38.5 | -106.3 | 23.8 | -3.3 | 37.8 |
Mach Conferences and Events Ltd. annual results: revenue, profit, P&L, and margins as of Mar 2026 – 11 year history
Mach Conferences and Events Ltd. INFORMATION ON IPO ISSUE
About Mach Conferences and Events Ltd.
Mach Conferences and Events was incorporated on April 29, 2004. The company offers a comprehensive range of services tailored for the MICE (Meetings, Incentives, Conferences, Exhibitions) and Events sector. It specializes in event planning, handling everything from venue selection to on-site coordination for conferences and exhibitions.
Object of the Issue
- To meet working capital requirements
- General corporate purpose
Mach Conferences and Events Ltd. - PROMOTERS
| Name |
|---|
| Amit Bhatia |
| Laveena Bhatia |
Mach Conferences and Events Ltd. Lead Manager of the Issue
Beeline Capital Advisors Private Limited
mb@beelinemb.com
Mach Conferences and Events Ltd. Registrar to the issue
Skyline Financial Services Private Limited
ipo@skylinerta.com
Mach Conferences and Events Ltd. Strengths
Relationships with Customer
The company makes sure clients feel valued by offering clear communication, personalized solutions, and strong support, building trust and loyalty for lasting partnerships
Relationship with Event Partners
To ensure event success, the company handles venue arrangements, invitation preparation, transportation, and hospitality. Vendors are chosen based on past performance and quality, allowing the company to secure priority and high-quality services through established relationships
Mach Conferences and Events Ltd. Risks
Casualty Risks
The company faces risks from accidents, medical emergencies, or unexpected events that could harm attendees and organizers. These issues pose immediate safety threats and can lead to financial and reputational damage
Employee Misconduct
The company could face issues from employee misconduct or errors that are difficult to detect, potentially harming its financial health, operations, and reputation
Competitive Market
The company operates in a highly competitive industry where aggressive pricing is common. As a result, it may need to bid more aggressively and accept less favorable terms. Without new projects, business growth and revenue could suffer, particularly when competing against larger, more resourceful firms
IPO FAQs
This IPO consists of an offer for sale of up to Rs 75.1 crore, of 3,339,000 shares. It also consists of a fresh issue of Rs 50.2 crore.
The promoters of the company are Amit Bhatia and Laveena Bhatia.
The category allocation of qualified institutional buyers is 50.0%, the category allocation of non individual investors or high networth individuals is 15.0% and for retail investors it is 35.0%.
The price band of the IPO is Rs 214.0 - 225.0.
The IPO application opens on Sep 04, 2024 and closes on Sep 06, 2024.
The minimum lot size for the IPO is 600. The maximum lot size for the IPO is 600.
For all category investors, the minimum application amount for this IPO is Rs. 128,400.0, the maximum value for this IPO is Rs 135,000.0.
This IPO will be allotted on Sep 09, 2024.
The refund will be credited to your account on Sep 10, 2024.
The allotted shares will be credited to your demat on Sep 10, 2024.
Mach Conferences and Events Ltd.’s shares listed on the stock exchanges on Sep 11, 2024.
