Mach Conferences and Events IPO

Mach Conferences and Events Ltd is launching a ₹125.28 Cr IPO with a fresh issue of ₹50.15 Cr and an OFS of ₹75.13 Cr to meet working capital and corporate needs.

Important Details

Open Date : September 4, 2024 Close Date : September 6, 2024 Allotment Date: September 9, 2024 Listing Date: September 11, 2024

Important Details

IPO Price: INR 214-225 per share Lot Size: 600 Shares Total Issue Size: INR 125.28 crores

Fundamental Analysis

Mach Conferences and Events IPO shows mixed performance: 1. Revenue up significantly, Equity and liabilities grew. 2. Profitability & EPS improved, RoNW decreased. 3. Assets & liquidity strengthened, Indicating business growth.

Peer Comparison

Mach Conferences and Events IPO Comparison: 1. Mach Conferences leads in revenue, profitability, EPS, and RoNW. 2. Exhicon and Touchwood trail in financial metrics.

Objective

Mach Conferences and Events Ltd aims to meet working capital requirements.

Risks And Challenges

Mach Conferences and Events IPO Risks: 1. Lease uncertainties in New Delhi and Noida. 2. Dependence on co-working spaces for tax benefits. 3. Pandemic impacts on operations and finances.