Mach Conferences and Events IPO

About Mach Conferences and Events Limited

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.

Industry Outlook:

1. The India MICE market is projected to be valued at US$ 3.30 billion in 2023, expected to grow to US$ 10.52 billion by 2030, reflecting a CAGR of 18% from 2023 to 2030.
2. India has seen a significant rise in lavish destination weddings in recent years, particularly in 2022 and 2023, characterised by larger budgets, extended guest lists, and extravagant setups at exotic venues.
3. According to the Ministry of Tourism, India hosted over 6.9 million foreign tourists in 2019 for various events, conferences, and exhibitions. Additionally, according to ICCA city and country rankings, India held 158 meetings out of a global total of 13,254, securing the 28th position.
4. The MICE segment plays a crucial role in the tourism industry, generating substantial revenue and bolstering the local economy. This growth presents significant opportunities for Mach Conferences and Events Limited to expand its operations and achieve business growth.

Mach Conferences and Events IPO Objectives

The company will use the funds to meet the working capital requirements and general corporate purposes.

Peer Details

Exhicon Events Media Solutions Ltd and Touchwood Entertainment Limited are the listed peers for Mach Conferences and Events.

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Contact Details of Mach Conferences and Events Limited IPO

• Registered office: Office No-4, 2nd/Floor, Master Space, Plot No-27, Kh/Mustatil No.-154, Killa No-19/2, Uggarsain Park, Dichaon Road, Najafgarh Street No- 2, Najafgarh, New Delhi- 110043, India.
• Phone: +91 120 4747000
• E-mail: compliance@machconferences.com