Mach Conferences and Events IPO

Mach Conferences and Events Limited specialises in delivering a comprehensive range of services tailored for the MICE (Meetings, Incentives, Conferences, and Exhibitions) and events sector. The company’s expertise spans from organising small corporate gatherings to managing large-scale global events. They also offer conference and exhibition management, as well as global event planning, handling all logistical aspects, including venue selection, accommodation, transportation, local activities, and on-site coordination.

Operating within the dynamic MICE industry, the company provides end-to-end event management solutions for corporate meetings, conferences, trade shows, and other events, ensuring seamless planning, execution, and coordination.

While Mach Conferences and Events Limited’s primary clientele comes from the banking, finance, and insurance sectors, they also serve industries including hospitality, infrastructure, and FMCG. In the 2023-24 financial year, they completed 90 events in locations such as London, Mussoorie, Bangalore, South Korea, Paris, Goa, Srinagar, and Singapore, with an average revenue of ₹263.62 lakh per event.

Mach Conferences and Events IPO Strengths

• Mach Conferences and Events offers a full range of services, including hotel and venue bookings, ticket and visa arrangements, airline services, logistics, events, conferences, and foreign exchange, making it a comprehensive one-stop solution in the MICE industry.
• The company has nearly two decades of experience.
• The launch of the “BookMyYatra.com” portal allows Mach Conferences and Events to enter the B2C travel market, leveraging its extensive B2B customer base. This expansion presents a strategic opportunity to tap into consumer travel preferences and booking behaviours.
• The company plans to diversify into Religious Tourism and also explore international markets.
• With potential partnerships with airlines, hotels, and other service providers, the company plans to broaden its reach and services.

Mach Conferences and Events IPO Risks

• The outbreak of a pandemic or any other disease leading to the implementation of restrictions such as lockdowns, quarantines, travel bans or limits on public gatherings, which is unpredictable and highly uncertain, could negatively impact business operations.
• The company has negative cash flows from its operating activities in the past 3 years.