Comparison between Mach Conferences IPO and Travels & Rentals IPO.
Mach Conferences IPO is a SME Fixed Price IPO proposed to list at BSE SME while Travels & Rentals IPO is a SME Fixed Price proposed to list at BSE SME.
| Mach Conferences IPO | Travels & Rentals IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Fixed Price |
| Listing At | BSE SME | BSE SME |
| Lead Managers | Beeline Capital Advisors Pvt.Ltd. | Finshore Management Services Ltd. |
| Registrar | Skyline Financial Services Pvt.Ltd. | Cameo Corporate Services Ltd. |
| Market Maker | Spread X Securities Pvt.Ltd. | Black Fox Financial Pvt.Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Anchor Investor | Anchor Investor | |
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Mach Conferences IPO is up to ₹118.53 Cr whereas the issue size of the Travels & Rentals IPO is up to ₹11.63 Cr. The final issue price of Mach Conferences IPO is ₹225.00 per share and of Travels & Rentals IPO is ₹40.00 per share.
| Mach Conferences IPO | Travels & Rentals IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹214.00 per share | |
| Issue Price (Upper) | ₹225.00 per share | |
| Issue Price (Final) | ₹225.00 per share | ₹40.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 600 shares | 3000 shares |
| Fresh Issue Size | 19,29,000 shares | 29,07,000 shares |
| Fresh Issue Size (Amount) | up to ₹43.40 Cr | up to ₹11.63 Cr |
| OFS Issue Size | 33,39,000 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹75.13 Cr | up to ₹0.00 Cr |
| Issue Size Total | 52,68,000 shares | 29,07,000 shares |
| Issue Size Total (Amount) | up to ₹118.53 Cr | up to ₹11.63 Cr |
Mach Conferences IPO opens on Sep 04, 2024, while Travels & Rentals IPO opens on Aug 29, 2024. The closing date of Mach Conferences IPO and Travels & Rentals IPO is Sep 06, 2024, and Sep 02, 2024, respectively.
| Mach Conferences IPO | Travels & Rentals IPO | |
|---|---|---|
| Anchor Bid Date | Sep 03, 2024 | |
| Issue Open | Sep 04, 2024 | Aug 29, 2024 |
| Issue Close | Sep 06, 2024 | Sep 02, 2024 |
| Basis Of Allotment (Tentative) | Sep 09, 2024 | Sep 03, 2024 |
| Initiation of Refunds (Tentative) | Sep 10, 2024 | Sep 04, 2024 |
| Credit of Share (Tentative) | Sep 10, 2024 | Sep 04, 2024 |
| Listing date (Tentative) | Sep 11, 2024 | Sep 05, 2024 |
| Anchor Lockin End date 1 | Oct 09, 2024 | |
| Anchor Lockin End date 2 | Dec 08, 2024 |
Mach Conferences IPO P/E ratio is 16.16, as compared to Travels & Rentals IPO P/E ratio of 10.98.
| Mach Conferences IPO | Travels & Rentals IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Mach Conferences and Events Limited Financial Information (Restated Standalone)Mach Conferences and Events Limited's revenue increased by 68% and profit after tax (PAT) rose by 197% between the financial year ending with March 31, 2024 and March 31, 2023.
| Travels & Rentals Limited Financial Information (Restated)Travels & Rentals Limited's revenue increased by 39% and profit after tax (PAT) rose by 97% between the financial year ending with March 31, 2024 and March 31, 2023.
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 95.97 | 86.48 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 69.92 | 62.86 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 16.16 | 10.98 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹473.33 Cr. | ₹44.81 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 72.78% | 26.72% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 57.57% | 27.54% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.32 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹13.92 | ₹3.64 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 52.82% | 20.06% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Mach Conferences IPO Retail Individual Investors (RII) are offered 18,45,000 shares while in Travels & Rentals IPO retail investors are offered 18,45,000 shares. Qualified Institutional Buyers (QIB) are offered 10,53,600 shares in Mach Conferences IPO and in Travels & Rentals IPO.
| Mach Conferences IPO | Travels & Rentals IPO | |
|---|---|---|
| Anchor Investor Reserveration | 15,78,000 shares | |
| Market Maker Reserveration | 3,00,000 shares | 1,53,000 shares |
| QIB | 10,53,600 shares | |
| NII | 7,91,400 shares | 14,52,000 shares |
| RII | 18,45,000 shares | 14,55,000 shares |
| Employee | ||
| Others | ||
| Total | 52,68,000 shares | 29,07,000 shares |
Mach Conferences IPO subscribed 196.70x in total, whereas Travels & Rentals IPO subscribed 608.46x.
| Mach Conferences IPO | Travels & Rentals IPO | |
|---|---|---|
| QIB (times) | 146.66x | |
| NII (times) | 403.69x | 754.64x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 136.49x | 429.90x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 196.70x | 608.46x |
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