| Initial public offer of 55,68,000 equity shares of face value of Rs. 10/- each of Mach Conferences and Events Limited ("MCEL" or the "Company" or the "Offeror") for cash at a price of Rs. 225/- per equity share including a share premium of Rs. 215/- per equity share (the "Offer Price") aggregating to Rs. 125.28 crores ("The Offer") comprising of a fresh issue of 22,29,000 equity shares aggregating to Rs. 50.15 crores (the "Fresh Issue") and an offer for sale of 33,39,000 equity shares by promoter selling shareholder - Amit Bhatia and Laveena Bhatia aggregating to Rs. 75.13 crores ("Offer for Sale"), of which 3,00,000 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 225/- per equity share including a share premium of
Rs. 215/- per equity share aggregating to Rs. 6.75 crores will be reserved for subscription by market maker to the offer (the "Market Maker Reservation Portion"). The offer less the market maker reservation portion i.e. net offer of 52,68,000 equity shares of face value of Rs. 10/- each at a price of Rs. 225/- per equity share including a share premium of Rs. 215/- per equity share aggregating to Rs. 118.53 crores is herein after referred to as the "Net Offer". The offer and the net offer will constitute 26.47% and 25.04%, respectively, of the post offer paid up equity share capital of the company.
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