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IPO

IPO Details


Mach Conferences & Events Ltd
Registered Office: #4 2nd Flr Master Space P.#.27, K/h Mustatil # 154 Kill #.19/2, Najafgarh - 110043, New Delhi
Phone: +91 120 4747 000
Email: compliance@machconferences.com
Website: www.machconferences.com
Initial public offer of 55,68,000 equity shares of face value of Rs. 10/- each of Mach Conferences and Events Limited (MCEL or the Company or the Offeror) for cash at a price of Rs. 225/- per equity share including a share premium of Rs. 215/- per equity share (the Offer Price) aggregating to Rs. 125.28 crores (The Offer) comprising of a fresh issue of 22,29,000 equity shares aggregating to Rs. 50.15 crores (the Fresh Issue) and an offer for sale of 33,39,000 equity shares by promoter selling shareholder - Amit Bhatia and Laveena Bhatia aggregating to Rs. 75.13 crores (Offer for Sale), of which 3,00,000 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 225/- per equity share including a share premium of Rs. 215/- per equity share aggregating to Rs. 6.75 crores will be reserved for subscription by market maker to the offer (the Market Maker Reservation Portion). The offer less the market maker reservation portion i.e. net offer of 52,68,000 equity shares of face value of Rs. 10/- each at a price of Rs. 225/- per equity share including a share premium of Rs. 215/- per equity share aggregating to Rs. 118.53 crores is herein after referred to as the Net Offer. The offer and the net offer will constitute 26.47% and 25.04%, respectively, of the post offer paid up equity share capital of the company.
Issue Money Payable On
Opens On Closes On Application Allotment
04-Sep-2024 06-Sep-2024 ₹ 225.00 ₹ 0.00
Minimum Application for shares in Nos : 600 Further Multiples of : 600
(₹)Cr. Lead Managers to the Issue
Project Cost 45.78 Beeline Capital Advisors Pvt Ltd
Project Financed through Current Offer 125.28
Post Issue Equity Share Capital 21.04
Issue Price ₹225.00
Projects
To meet working capital requirements
General corporate purposes
Promoted By
Amit Bhatia
Laveena Bhatia
Listing At
BSE - SME
Registrar to the Issue
Skyline Financial Services Pvt

INDIAN INDICES

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83,184.80 236.57 (0.29%)

Nifty

25,415.80 38.25 (0.15%)

GLOBAL INDICES

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