Mumbai (Maharashtra) [India], August 19: BSE has approved the Draft Red Herring Prospectus of Mach Conferences and Events Limited, facilitating the company’s IPO. Mach Conferences and Events Limited had filed the necessary documents with the exchange to initiate its IPO on the BSE SME Platform. The company plans to issue fresh Issue & offer for sale up to 55,68,000 shares, each with a face value of ₹ 10, in the forthcoming IPO.
About Mach Conferences and Events Limited:
Mach Conferences and Events Limited were incorporated in 2004 by Amit Bhatia and Laveena Bhatia. With two decades of experience, they offer comprehensive event management solutions, including venue selection, accommodation arrangements, transportation logistics, local activities, and on-site coordination.
The company provides end-to-end services for corporate meetings, conferences, trade shows, and other gatherings, facilitating seamless planning, execution, coordination, and air ticket and visa arrangements. Their expertise lies in crafting tailored experiences, from conceptualisation to logistics, ensuring impactful events that meet their client’s objectives. Mach leverages innovative design, cost-effective management, and efficient operations. Their experience ranges from arranging small corporate events to significant global events.
Mach Conferences and Events Limited is unwavering in its commitment to customer satisfaction. This dedication drives the company to continuously enhance its capabilities and deliver exceptional results in the MICE industry. The majority of Mach’s clients are from the Banking, Finance, and Insurance sectors, a testament to their trust and satisfaction. In addition, Mach has extensive experience working with clients across diverse industries such as Hospitality, Infrastructure, FMCG, and more.
Mach Conferences and Events Limited KPIs:
Mach Conferences and Events Limited has demonstrated significant financial growth over recent years, marking a substantial MICE and Events sector expansion. The company’s revenue has increased from ₹ 2,314.09 lakh in FY22 to ₹ 23,725.89 lakh in FY24, reflecting its strong position in the industry. With a PAT margin of 11.04% and an EBITDA margin of 14.56%, Mach’s efficient operational management is evident. Return metrics are equally impressive, with ROE at 72.78% and ROCE at 57.57%, indicating effective capital utilisation. Mach’s event management solutions and comprehensive services have contributed to its remarkable financial performance, positioning the company for a promising future.
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