Mafia Trends Limited
BSE SME₹112,000 / 4000 Shares
Mafia Trends Limited IPO Details
The Mafia Trends Limited IPO price band is set between ₹28 per equity share, with a face value of ₹10 per share. The issue is managed by Link Intime India Private Ltd, and the equity shares are proposed to be listed on the BSE SME.
The IPO date for subscription opens on 22 Sep, 2022 and closes on 27 Sep, 2022. Investors can check the allotment status on 30 Sep, 2022, while the listing date is tentatively scheduled for 6 Oct, 2022.
The total issue size is 1,284,000 shares of ₹10 , aggregating up to ₹3.60 Cr. Stay tuned for the latest Mafia Trends Limited IPO review and GMP updates.
Mafia Trends Limited IPO Review, Rating & Analysis
Mafia Trends Limited IPO Review
NO REVIEWMafia Trends Limited IPO Rating
Mafia Trends Limited IPO Highlights
IPO Date
Sep 22, 2022 - Sep 27, 2022
Listing Date
6 Oct, 2022
Face Value
₹10 Per Equity Share
Price Band
₹28 per equity share
Lot Size
-
Fresh Issue
Shares
Offer for Sale
-
Listing At
BSE SME
Mafia Trends Limited IPO Lot Size
The minimum market lot for Mafia Trends Limited IPO is 4000 shares with an application amount of ₹1,12,000. Retail investors can apply for up to 1 lots. The table below details the minimum and maximum investment limits for Retail and HNI investors.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 4000 | ₹1,12,000 |
| Retail (Max) | 1 | 4000 | ₹1,12,000 |
| S-HNI (Min) | 2 | 8000 | ₹2,24,000 |
| S-HNI (Max) | 8 | 32000 | ₹8,96,000 |
| B-HNI (Min) | 9 | 36000 | ₹10,08,000 |
Mafia Trends Limited IPO Timeline
Issue Price
₹28 per equity shareFace Value
₹10 Per Equity ShareListing at Group
BSE SMERegistrar
Link Intime India Private LtdLead Manager
GYR Capital Advisors LimitedIssue Size
1,284,000 shares of ₹10 (aggregating up to ₹3.60 Cr)#Fresh Issue: 1,284,000 shares of ₹10 (aggregating up to ₹3.60 Cr)Mafia Trends Limited IPO Financial Information
| Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 30 Mar 22 | 1062.72 | 715.28 | 81.79 | - | - | - |
| 31 Mar 21 | 801.43 | 400.8 | 27 | - | - | - |
| 31 Mar 20 | 1154.18 | 1147.86 | 0.45 | - | - | - |
| 31 Mar 19 | 1031.1 | 1282.33 | 22.02 | - | - | - |
All values are in ₹ Lakh
Promoters & Share Holding
Promoter(s) Name
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| 87.42% | N/A% |
About Company
Mafia Trends Limited is engaged in the business of marketing and selling Men's fashion which includes apparel such as Jeans, Tshirts, Shirts, Chinos, Formal trousers and Formal shirts.
Mafia is a fashion brand that provides affordable outfits yet premium. The company's business is based on the primary concept of 'Value Retailing' following which the company aim to provide the latest fashion trends in apparel and non-apparels for men with an added focus on the demands of the youth and young generation.
The total revenue for 2020-21 is Rs 400.80 lacs and for April 01, 2021 to January 31, 2022 is Rs 620.16 lacs.
Mafia Trends Limited IPO Subscription Details
| As on | QIB/NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 608,000 | 608,000 | 1,216,000 |
Day 1 -22-09-22 06:00 PM | 2.01 x | 0.64 x | 1.33 x |
Day 2 -23-09-22 06:00 PM | 2.18 x | 1.75 x | 1.96 x |
Day 3 -26-09-22 06:00 PM | 2.31 x | 2.97 x | 2.64 x |
Day 4 -24-09-22 06:00 PM | 3.91 x | 5.97 x | 4.94 x |
Frequently Asked Questions about Mafia Trends Limited IPO
When will Mafia Trends Limited IPO open for subscription?
The Mafia Trends Limited IPO opens on 22 Sep, 2022 and closes on 27 Sep, 2022.
What is the investors portion for Mafia Trends Limited IPO?
The investors' portion for QIB is , NII is N/A, and Retail is 608000.
How to apply for Mafia Trends Limited IPO?
You can apply for Mafia Trends Limited IPO via ASBA online through your bank account. You can also apply via UPI through stock brokers like Zerodha, Upstox, or Paytm Money.
What is the issue size of Mafia Trends Limited IPO?
The issue size of Mafia Trends Limited IPO is approx ₹1,284,000 shares of ₹10 (aggregating up to ₹3.60 Cr)#Fresh Issue: 1,284,000 shares of ₹10 (aggregating up to ₹3.60 Cr) crores.
What is the price band of Mafia Trends Limited IPO?
The price band for Mafia Trends Limited IPO is ₹28 per equity share to ₹undefined.
What is the lot size of Mafia Trends Limited IPO?
The minimum bid (lot size) for Mafia Trends Limited IPO is N/A shares with an investment of approx ₹112,000 .
What is the allotment date of Mafia Trends Limited IPO?
The allotment date for Mafia Trends Limited IPO is 30 Sep, 2022.
What is the listing date of Mafia Trends Limited IPO?
The listing date for Mafia Trends Limited IPO is expected to be 6 Oct, 2022.
What is the GMP of Mafia Trends Limited IPO?
The latest Grey Market Premium (GMP) for Mafia Trends Limited IPO is being updated regularly on IPOROCK.
Parth D.
Founder & Lead Analyst
Parth D. is a software engineer and financial analyst who brings a quantitative edge to IPO tracking. With deep expertise in algorithmic trading and financial tool development, he builds the technology that powers IPORock's real-time data engines. He has been tracking the Indian market since 2018.