The Mafia Trends IPO has begun on 22 Sep 2022. It will close on 27 Sep 2022. The Total IPO Size is 3.60 Crore. The company set its IPO price is 28 Rs Per Share. Basically, there are two basic categories in Mafia Trends IPO Subscription 1) Non-Institutional Investors 2) Retail Individual Investors (RIIs).
Mafia Trends is established in 2017.
Mafia Trendsare one of the pioneers in setting up stores across various small Indian towns and cities including Kalol, Vadodara, alongwith Ahmedabad. We primarily operate in Tier-II and Tier-III cities, with a chain of ‘Value Retail’ departmental stores offering clothings, apparels, general merchandise catering to the men.
They started first store was named ‘Mafia Western Outfit’ at Ahmedabad, Gujarat, and currently operate 8 stores spread across 3 cities in Gujarat. Our stores are located in Ahmedabad, Kalol and Vadodara.
The Company follows the concept of ‘Value Retailing’ to target the strata of the population belonging to the expanding aspiring class and middle class based on our customer’s socio-economic conditions, purchasing power, demographic details and customer trends. We believe our offerings in untapped markets, provide our customers with a different shopping experience, comprising of a vast range of value retail products under a modern ambience and feel of a large retail mall.
Check :- Upcoming SME IPO 2022
Company Strengths
1) First mover advantage in Tier-II and Tier-III cities and to target the expanding, aspiring class and middle class
customer group
2) Competitive lease rentals
3) Strong and diversified procurement network
4) Efficient supply chain management
5) Value Addition to products
6) Strong IT infrastructure, systems and processes
Peers company
NO Listed Peers.
Mafia Trends IPO Promotors
1) Rajendra Singh Rajpurohit
2) Mahendra Singh Rajpurohit
Mafia Trends IPO Date, Details & Price Band
| IPO Opening Dates | 22 Sep 2022 |
| IPO Closing Dates | 27 Sep 2022 |
| Price Band | 28 Rs Per Share |
| Fresh issue | 3.60 Crore |
| Offer for Sale | NIL |
| Total IPO size | 3.60 Crore |
| Minimum bid (lot size) | 4000 Shares |
| Face Value | 10 INR Per Share |
| Retail Allocation | 50% |
| Non-Institutional | 50% |
| Listing On | BSE SME |
Mafia Trends IPO Market Lot
The Mafia Trends IPO minimum market lot is 4000 shares With 1,12,000 ₹ Amount per application.
| Lot | No of Shares | Amount | |
| Minimum | 1 | 4000 | 1,12,000 Rs |
| Maximum | 1 | 4000 | 1,12,000 Rs |
Restated Financial Record of the three year (Amt. in Lakhs)
| Total Assets | Total Revenue | Profit After Tax | Earnings per equity share | |
| 31-Mar-22 | 1062.72 | 715.28 | 81.79 | – |
| 31-Mar-21 | 801.43 | 400.8 | 27 | 4.32 |
| 31-Mar-20 | 1154.18 | 1147.86 | 0.45 | 0.07 |
Mafia Trends IPO GMP & Grey Market Premium
Mafia Trends IPO GMP/Grey market premium has been started today. Check Latest Mafia Trends IPO GMP, Kostak Rates and Subject to Sauda Price here.
Mafia Trends IPO Prospectus
| DRHP | Download |
| RHP | Download |
Mafia Trends IPO Reviews
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Mafia Trends IPO Form Download
Mafia Trends IPO is available on BSE Website as well as on our Portal. Please click here Mafia Trends IPO form Download.
Mafia Trends IPO Allotment Date & Details
| Allotment Date | 30 Sep 2022 |
| Initiation of refunds | 3 Oct 2022 |
| Transfer of shares to Demat accounts | 4 Oct 2022 |
| Listing Date | 6 Oct 2022 |
Registrar of Mafia Trends IPO
Link Intime India Private Limited
C-101, 247 Park, 1st Floor, L.B.S. Marg,
Vikhroli West, Mumbai – 400 083
Maharashtra, India
Contact Person: Shanti Gopalkrishnan
Tel: +91 22 4918 6200
Email: [email protected]
Investor grievance e-mail: [email protected]
Website: www.linkintime.co.in
SEBI Registration No. : INR000004058
CIN: U67190MH1999PTC118368
Mafia Trends Contact Details
Mafia Trends Limited
1, Prabhu Kutir Complex,
Sandesh Press Road, Vastrapur,
Ahmedabad – 380 015
Phone: +91 77780 43457
Email: [email protected]
Website: http://www.mafiastores.com/index.html
Mafia Trends IPO Lead Managers
GYR CAPITAL ADVISORS PRIVATE LIMITED
(Formerly known as Alpha Numero Services Private Limited)
428, Gala Empire, Near JB Tower, Drive in Road,
Thaltej, Ahmedabad-380 054, Gujarat, India.
Telephone: +91 87775 64648
Facsimile: N.A.
E-mail: [email protected]
Website: www.gyrcapitaladvisors.com
Investor grievance: [email protected]
Contact Person: Mohit Baid
SEBI Registration Number: INM000012810