September 4, 2024 - September 6, 2024

Mach Conferences and Events IPO Review & Recommendations

Dilip Davda has given "Apply" recommendation to Mach Conferences and Events IPO.

Mach Conferences and Events IPO Review Summary from brokers and analysts

Review By	Apply	May Apply	Neutral	Avoid	Not Rated
Count	1	0	0	0	0
%	100.00	0.00	0.00	0.00	0.00

Mach Conferences and Events IPO Analysis By Brokers/Analysts

Reviewer	Recommendation	Past Reviews
Dilip Davda	Apply

Mach Conferences and Events IPO Review by Dilip Davda (Apply)

[Dilip Davda] Over the years, the company has created a niche place in MICE related tailor-made services. It marked a setback for FY22 following the pandemic. It regained its place from FY23 and has posted good numbers for FY24 indicating prospects ahead. Based on FY24 earnings, the issue appears fully priced. With the rising volumes and preferences of tourism and event related activities, this company is poised for good business. Investors may park funds for medium to long term. Read detail review...

Mach Conferences and Events IPO Peer Comparison

Mach Conferences and Events Limited peer comparison with similar listed entities. (As on March 31, 2024)

Company Name	EPS (Diluted)	NAV (per share) (Rs)	P/E (x)	RoNW (%)	P/BV Ratio	Financial statements
Mach Conferences and Events Limited	13.92	26.35		52.82	8.65	Standalone
Exhicon Events Media Solutions Ltd	4.87	56.85	69.28	8.56	6.02	Standalone
Touchwood Entertainment Limited	3.42	32.7	39.67	10	4.22	Standalone

Notes:

All the financial information for the listed industry peer mentioned above is on a standalone basis sourced from the Annual Reports/Information of the peer company uploaded on the NSE and BSE website for the year ended March 31, 2024.
The P/E Ratio has been computed based on the closing market price of equity shares on the NSE and BSE on March 28, 2024, divided by the Diluted EPS.
RoNW is computed as net profit after tax divided by the closing net worth. Net worth has been computed as the sum of share capital, reserves, and surplus.
NAV is computed as the closing net worth divided by the closing outstanding number of equity shares adjusted for bonus and sub-division of shares.

Mach Conferences and Events IPO Review by Members

Mach Conferences and Events IPO Reviews, analysis and views by popular members. Read Mach Conferences and Events Limited IPO reviews by retail investors to find recommended ipo to buy.

Post Recommendation Manage Your IPO Reviews

Mach Conferences and Events IPO Review Summary by Members

Review By	Apply	May Apply	Neutral	Avoid
Count	0	0	0	0
%

Member	Review
No recommendation found. Be the first to post the recommendation.

Post Recommendation Manage Recommendations

Note:

The recommendations or analysis of public issues posted above expresses the views of its author and does not represent the views of Chittorgarh.com or its staff.
We reserve the right to remove any objectionable post without providing a reason.

Comments

Add a public comment...