September 4, 2024 - September 6, 2024

Mach Conferences and Events IPO Subscription Details

Mach Conferences and Events IPO Subscription Status Live

Mach Conferences and Events IPO subscribed 196.70 times. The public issue subscribed 136.49 times in the retail category, 146.66 times in QIB, and 403.69 times in the NII category by September 6, 2024 (Day 3).

Investor Category	Subscription (times)	Shares Offered	Shares Bid for	Total Amount (Rs Cr.)*
Qualified Institutions	146.66	1,053,600	15,45,21,600	3,476.74
Non-Institutional Buyers*	403.69	791,400	31,94,80,200	7,188.30
Retail Investors	136.49	1,845,000	25,18,18,200	5,665.91
Employees	[.]	0	0	0
Others	[.]	0	0	0
Total *	196.70	3,690,000	72,58,20,000	16,330.95

Total Application : 473,481 (153.98 times)

Disclaimer: *The total amount is calculated based on the final issue price or the price in the upper price range.

* Market Maker portion of 300,000 equity shares not included.

Mach Conferences and Events IPO (Day-wise) Subscription Details (times)

Date	QIB	NII*	Retail	Total
Day 1 September 4, 2024	3.52	7.85	9.88	7.63
Day 2 September 5, 2024	4.05	21.85	33.53	22.61
Day 3 September 6, 2024	146.66	403.69	136.49	196.70

Mach Conferences and Events IPO Shares Offered

Mach Conferences and Events IPO is a public issue of 5,568,000 equity shares. The issue offers 1,845,000 shares to retail investors, 1,053,600 shares to qualified institutional buyers, and 791,400 shares to non-institutional investors.

Category	Shares Offered	Amount (Rs Cr)	Size (%)
Anchor Investor	1,578,000	35.51	28.34%
Market Maker	300,000	6.75	5.39%
QIB	1,053,600	23.71	18.92%
NII*	791,400	17.81	14.21%
Retail	1,845,000	41.51	33.14%
Total	5,568,000	125.28	100%

Mach Conferences and Events IPO Anchor Investor Allocation

A total of 1,578,000 shares at a price of Rs 225 per share will be allotted to the anchor investors.

S.No.	Name of Anchor Investor	No. of Shares Allocated	Bid Price Per Share (Rs.)	Anchor Investor Portion (%)	Total Amount Allocated (Rs.)
1	LC Radiance Fund VCC	166,800	225	10.57	37,530,000
2	Strategic Sixth Sense Capital Fund	155,400	225	9.85	34,965,000
3	Persistent Growth Fund	155,400	225	9.85	34,965,000
4	Nav Capital VCC	121,800	225	7.72	27,405,000
5	Shinestar Built Cap Pvt Limited	102,000	225	6.46	22,950,000
6	Copthall Mauritius Investment Limited	99,000	225	6.27	22,275,000
7	Moneywise Financial Services Pvt. Ltd.	75,600	225	4.79	17,010,000
8	M7 Global Fund PCC	75,600	225	4.79	17,010,000
9	Saint Capital Fund	66,600	225	4.22	14,985,000
10	Capri Global Capital Limited	64,800	225	4.11	14,580,000
11	ARROW EMERGING OPPORTUNITIES FUND LIMITED	45,000	225	2.85	10,125,000
12	Galaxy Noble Global Opportunities Fund PCC	45,000	225	2.85	10,125,000
13	IMAP India Capital Investment Trust	45,000	225	2.85	10,125,000
14	Ashika Global Securities Private Limited	45,000	225	2.85	10,125,000
15	Zeta Global Fund	45,000	225	2.85	10,125,000
16	Craft Emerging Market Fund PCC	45,000	225	2.85	10,125,000
17	Citrus Global Arbitrage Fund	45,000	225	2.85	10,125,000
18	Absolute Returns Scheme	45,000	225	2.85	10,125,000
19	Anubhuti Value Trust	45,000	225	2.85	10,125,000
20	Brescon Opportunities Fund	45,000	225	2.85	10,125,000
21	Rigel Global Fund	45,000	225	2.85	10,125,000
		1,578,000		100	355,050,000

IPO Investor Categories

Qualified Institutional Buyers (QIB)
Financial Institutions, Banks, FIIs, and Mutual Funds registered with SEBI are called QIBs. In most cases, QIBs represent small investors who invest through mutual funds, ULIP schemes of insurance companies, and pension schemes.
Non-Institutional Investors(NII)
Retail Individual Investors (HNI), NRIs, Companies, Trusts, etc who bid for shares worth more than Rs 2 lakhs are known as Non-institutional bidders (NII). Unlike QIB bidders, they do not need SEBI registration.
NII category has two subcategories:
1. sNII (bids below Rs 10L)
  The Small NII category is for NII investors who bid for shares between Rs 2 lakhs to Rs 10 lakhs. The 1/3 of NII category shares are reserved for the Small NII sub-category. This subcategory is also known as Small HNI (sHNI).
2. bNII (bids above Rs 10L)
  The Big NII category is for NII investors who bid for shares worth more than Rs 10 Lakhs. The 2/3 of NII category shares are reserved for the Big NII subcategory. This subcategory is also known as Big HNI (bHNI).
Retail Individual Investors(RII)
The retail individual investor or NRIs who apply up to Rs 2 lakhs in an IPO are considered as RII reserved category.
Employee (EMP)
A category of eligible employees who have a reserved quota in the IPO.
Others
A category of eligible shareholders or other investors who have a reserved quota in the IPO.

What is the difference between RII, NII, QIB and Anchor Investor?

Disclaimer: The above information / data is sourced from National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) websites and is subject to change in real time. For latest information / data, please refer to the respective websites. The information / data provided here in is for informational purposes only and is provided by Chittorgarh.com on "AS IS" and "AS AVAILABLE" basis and without warranty, express or implied. Chittorgarh.com does not warrant the accuracy, adequacy or completeness of the information you obtain through the above websites. Chittorgarh.com shall not be liable in any way for any discrepancies, errors, omissions, losses or damage. Chittorgarh.com, including its affiliates and its directors, staff and employees, shall not be liable for any loss, damage of any kind, including but not limited to direct, indirect, punitive, exemplary, consequential damages and lost profits arising in any way out of the use of information / data obtained through the said websites. The recipient alone is fully responsible / liable for any decision made based on this information / data. All recipients, before relying on the said information, should do their own research and seek appropriate professional advice.

Mach Conferences and Events IPO Subscription FAQs

The Mach Conferences and Events IPO is subscribed 196.70 by September 6, 2024.