Mach Conferences and Events Limited raised ₹ 35.51 Crore via Anchor Investors prior to IPO Launch
Mumbai (Maharashtra) [India], September 4: Mach Conferences and Events Limited, specializes in providing end-to-end event management solutions within the MICE (Meetings, Incentives, Conferences, and Exhibitions) industry, successfully secured a capital infusion of ₹ 35.51 crore through anchor book process on September 03, 2024, just ahead of the company’s scheduled IPO launch. According to the exchange [...]
Mumbai (Maharashtra) [India], September 4: Mach Conferences and Events Limited, specializes in providing end-to-end event management solutions within the MICE (Meetings, Incentives, Conferences, and Exhibitions) industry, successfully secured a capital infusion of ₹ 35.51 crore through anchor book process on September 03, 2024, just ahead of the company’s scheduled IPO launch. According to the exchange filing, 21 esteemed investors participated in the anchor book offering. These notable investors include:
- LC Radiance Fund VCC
- Strategic Sixth Sense Capital Fund
- Persistent Growth Fund-Varsu India Growth Story Scheme 1
- Nav Capital VCC – Nav Capital Emerging Star Fund
- Shine Star Build Cap Pvt Ltd
- Copthall Mauritius Investment Limited – Odi Account (Subsidiary of J.P. Morgan Holdings (Hong Kong) Limited)
- Moneywise Financial Services Pvt. Ltd. MFSPL
- M7 Global Fund PCC – Nolana
- Saint Capital Fund
- Capri Global Capital Limited
- Arrow Emerging Opportunities Fund Limited
- Galaxy Noble Global Opportunities Fund PCC- Luna
- Imap India Capital Investment Trust – Catalyst New India Fund
- Ashika Global Securities Private Limited
- Brescon Opportunities Fund
- Zeta Global Funds (Oeic) Pcc Limited-Zeta Series B Fund Pc
- Craft Emerging Market Fund Pcc- Elite Capital Fund
- Citrus Global Arbitrage Fund
- Absolute Returns Scheme
- Rigel Global Fund
- Anubhuti Value Trust – Anubhuti Value Fund 2
Mach Conferences and Events Limited has allocated a total of 15,78,000 Equity Shares to these anchor investors, with each share priced at ₹ 225. This calculated pricing highlights the strong investor confidence in the company’s prospects and its position in the market.
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