{"id":43053,"date":"2024-09-04T12:22:16","date_gmt":"2024-09-04T06:52:16","guid":{"rendered":"https:\/\/theeveningpost.in\/index.php\/2024\/09\/04\/mach-conferences-and-events-limited-raised-%e2%82%b9-35-51-crore-via-anchor-investors-prior-to-ipo-launch\/"},"modified":"2024-09-09T12:08:08","modified_gmt":"2024-09-09T06:38:08","slug":"mach-conferences-and-events-limited-raised-rs-35-51-crore-via-anchor-investors-prior-to-ipo-launch","status":"publish","type":"post","link":"https:\/\/theeveningpost.in\/index.php\/2024\/09\/04\/mach-conferences-and-events-limited-raised-rs-35-51-crore-via-anchor-investors-prior-to-ipo-launch\/","title":{"rendered":"Mach Conferences and Events Limited raised \u20b9 35.51 Crore via Anchor Investors prior to IPO Launch"},"content":{"rendered":"<div>\n<div>\n<p>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 \u20b9 35.51 crore through anchor book process on September 03, 2024, just ahead of the company\u2019s scheduled IPO launch. According to the exchange filing, 21 esteemed investors participated in the anchor book offering. These notable investors include:<\/p>\n<ol>\n<li>LC Radiance Fund VCC<\/li>\n<li>Strategic Sixth Sense Capital Fund<\/li>\n<li>Persistent Growth Fund-Varsu India Growth Story Scheme 1<\/li>\n<li>Nav Capital VCC \u2013 Nav Capital Emerging Star Fund<\/li>\n<li>Shine Star Build Cap Pvt Ltd<\/li>\n<li>Copthall Mauritius Investment Limited \u2013 Odi Account (Subsidiary of J.P. Morgan Holdings (Hong Kong) Limited)<\/li>\n<li>Moneywise Financial Services Pvt. Ltd. MFSPL<\/li>\n<li>M7 Global Fund PCC \u2013 Nolana<\/li>\n<li>Saint Capital Fund<\/li>\n<li>Capri Global Capital Limited<\/li>\n<li>Arrow Emerging Opportunities Fund Limited<\/li>\n<li>Galaxy Noble Global Opportunities Fund PCC- Luna<\/li>\n<li>Imap India Capital Investment Trust \u2013 Catalyst New India Fund<\/li>\n<li>Ashika Global Securities Private Limited<\/li>\n<li>Brescon Opportunities Fund<\/li>\n<li>Zeta Global Funds (Oeic) Pcc Limited-Zeta Series B Fund Pc<\/li>\n<li>Craft Emerging Market Fund Pcc- Elite Capital Fund<\/li>\n<li>Citrus Global Arbitrage Fund<\/li>\n<li>Absolute Returns Scheme<\/li>\n<li>Rigel Global Fund<\/li>\n<li>Anubhuti Value Trust \u2013 Anubhuti Value Fund 2<\/li>\n<\/ol>\n<p>Mach Conferences and Events Limited has allocated a total of 15,78,000 Equity Shares to these anchor investors, with each share priced at \u20b9 225. This calculated pricing highlights the strong investor confidence in the company\u2019s prospects and its position in the market.<\/p>\n<p><em>If you have any objection to this press release content, kindly contact pr.error.rectification@gmail.com to notify us. We will respond and rectify the situation in the next 24 hours.<\/em><\/p>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>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 \u20b9 35.51 crore through anchor book process on September 03, 2024, just ahead of the company\u2019s scheduled IPO launch. According to the exchange&#8230;<\/p>\n","protected":false},"author":2,"featured_media":43054,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[83],"tags":[294],"class_list":["post-43053","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-business"],"_links":{"self":[{"href":"https:\/\/theeveningpost.in\/index.php\/wp-json\/wp\/v2\/posts\/43053","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/theeveningpost.in\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/theeveningpost.in\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/theeveningpost.in\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/theeveningpost.in\/index.php\/wp-json\/wp\/v2\/comments?post=43053"}],"version-history":[{"count":1,"href":"https:\/\/theeveningpost.in\/index.php\/wp-json\/wp\/v2\/posts\/43053\/revisions"}],"predecessor-version":[{"id":43183,"href":"https:\/\/theeveningpost.in\/index.php\/wp-json\/wp\/v2\/posts\/43053\/revisions\/43183"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/theeveningpost.in\/index.php\/wp-json\/wp\/v2\/media\/43054"}],"wp:attachment":[{"href":"https:\/\/theeveningpost.in\/index.php\/wp-json\/wp\/v2\/media?parent=43053"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/theeveningpost.in\/index.php\/wp-json\/wp\/v2\/categories?post=43053"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/theeveningpost.in\/index.php\/wp-json\/wp\/v2\/tags?post=43053"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}