Mach Conferences and Events IPO vs Vdeal System IPO

Comparision between Mach Conferences and Events IPO and Vdeal System IPO.

IPO Details

Mach Conferences and Events IPO is a SME Fixed Price Issue IPO proposed to list at BSE SME while Vdeal System IPO is a SME Fixed Price Issue proposed to list at NSE SME.

	Mach Conferences and Events IPO	Vdeal System IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Book Built Issue	Fixed Price Issue
Listing At	BSE SME	NSE SME
Lead Managers	Beeline Capital Advisors Pvt Ltd	Affinity Global Capital Market Private Limited
Registrar	Skyline Financial Services Private Ltd	Cameo Corporate Services Limited
Market Maker	Spread X Securities Private Limited	Black Fox Financial Private Limited
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor	Anchor Investor
IPO Allotment URL	IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of Mach Conferences and Events IPO is up to ₹125.28 Cr whereas the issue size of the Vdeal System IPO is up to ₹18.08 Cr. The final issue price of Mach Conferences and Events IPO is ₹225.00 per share and of Vdeal System IPO is ₹112.00 per share.

	Mach Conferences and Events IPO	Vdeal System 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	₹112.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	600 shares	1200 shares
Fresh Issue Size	22,29,000 shares	16,14,000 shares
Fresh Issue Size (Amount)	up to ₹50.15 Cr	up to ₹18.08 Cr
OFS Issue Size	33,39,000 shares
OFS Issue Size (Amount)	up to ₹75.13 Cr
Issue Size Total	55,68,000 shares	16,14,000 shares
Issue Size Total (Amount)	up to ₹125.28 Cr	up to ₹18.08 Cr

IPO Timetable

Mach Conferences and Events IPO opens on Sep 04, 2024, while Vdeal System IPO opens on Aug 27, 2024. The closing date of Mach Conferences and Events IPO and Vdeal System IPO is Sep 06, 2024, and Aug 29, 2024, respectively.

	Mach Conferences and Events IPO	Vdeal System IPO
Anchor Bid Date	Sep 03, 2024
Issue Open	Sep 04, 2024	Aug 27, 2024
Issue Close	Sep 06, 2024	Aug 29, 2024
Basis Of Allotment (Tentative)	Sep 09, 2024	Aug 30, 2024
Initiation of Refunds (Tentative)	Sep 10, 2024	Sep 02, 2024
Credit of Share (Tentative)	Sep 10, 2024	Sep 02, 2024
Listing date (Tentative)	Sep 11, 2024	Sep 03, 2024
Anchor Lockin End date 1	Oct 09, 2024
Anchor Lockin End date 2	Dec 08, 2024

Financials

Mach Conferences and Events IPO P/E ratio is 16.16, as compared to Vdeal System IPO P/E ratio of 11.79.

Mach Conferences and Events IPO

Vdeal System IPO

Financial

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.

Period Ended	31 Mar 2024	31 Mar 2023	31 Mar 2022
Assets	10,133.75	5,772.64	4,049.21
Revenue	23,898.58	14,193.89	2,383.88
Profit After Tax	2,618.29	880.76	-260.63
Net Worth	4,956.72	2,238.47	1,357.71
Reserves and Surplus	3,075.91	2,233.47	1,352.71
Total Borrowing	1,233.08	988.53	509.69
Amount in ₹ Lakhs

Vdeal System Limited Financial Information (Restated)

Vdeal System Limited's revenue increased by 26% and profit after tax (PAT) rose by 183% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended	31 Mar 2024	31 Mar 2023	31 Mar 2022
Assets	2,727.93	1,544.44	1,142.33
Revenue	2,625.08	2,075.41	1,623.96
Profit After Tax	311.38	110.09	23.1
Net Worth	628.75	341.83	231.73
Reserves and Surplus	301.1	312.04	201.95
Total Borrowing	937.67	621.02	639.51
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

95.97%

99.97%

Promoter Shareholding (Post-Issue)

69.92%

66.96%

P/E Ratio

16.16

11.79

Market Cap

₹473.33 Cr.

₹54.77 Cr.

ROE

72.78%%

49.52%%

ROCE

57.57%%

32.83%%

Debt/Equity

1.49

EPS

₹13.92

₹9.50

RoNW

52.82%%

49.52%%

Shares Offered

In the Mach Conferences and Events IPO retail investors (RII) are offered 18,45,000 shares while in Vdeal System IPO retail investors are offered 18,45,000 shares. Qualified institutional buyers (QIB) are offered 10,53,600 shares in Mach Conferences and Events IPO and 0 shares in Vdeal System IPO.

	Mach Conferences and Events IPO	Vdeal System IPO
Anchor Investor Reserveration	15,78,000 shares
Market Maker Reserveration	3,00,000 shares	81,600 shares
QIB	10,53,600 shares	0 shares
NII	7,91,400 shares	7,66,200 shares
RII	18,45,000 shares	7,66,200 shares
Employee	0 shares	0 shares
Others
Total	36,90,000 shares	15,32,400 shares

Bids Received (Subscription)

Mach Conferences and Events IPO subscribed 196.70x in total, whereas Vdeal System IPO subscribed 71.38x.

	Mach Conferences and Events IPO	Vdeal System IPO
QIB (times)	146.66x
NII (times)	403.69x	61.46x
Big NII (times)
Small NII (times)
RII (times)	136.49x	76.70x
Employee (times)
Other (times)
Total (times)	196.70x	71.38x

Compare with others

Mach Conferences and Events IPO	Vdeal System IPO
Aditya Ultra Steel IPO	Mach Conferences and Events IPO
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Naturewings Holidays IPO	Travels & Rentals IPO
My Mudra Fincorp IPO	Jeyyam Global Foods IPO
Namo eWaste Management IPO	Boss Packaging Solutions IPO
Excellent Wires and Packaging IPO	Aeron Composite IPO
Travels & Rentals IPO	Paramatrix Technologies IPO
Jeyyam Global Foods IPO	Jay Bee Laminations IPO
Boss Packaging Solutions IPO	Rapid Multimodal Logistics IPO
Vdeal System IPO	Indian Phosphate IPO

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