Mach Conferences & Events Ltd IPO |
Registered Office:
#4 2nd Flr Master Space P.#.27,K/h Mustatil # 154 Kill #.19/2
,
Najafgarh
-
110043
,
New Delhi
, India.
Phone :
+91 120 4747 000 Fax:
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-24 |
06-Sep-24 |
(Rs)225.00-0.00 |
(Rs)0.00-0.00 |
| Minimum Application for shares in Nos :600 Further Multiples of :600 |
| |
(Rs 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 |
(Rs)225.00 |
|
|