Skip to main content
BSE - SMEListed
MAFIA TRENDS LIMITED Logo

MAFIA TRENDS LIMITED IPO

MAFIA TRENDS LIMITED IPO

IPO Date :
Issue Price :
Allotment Date :
Listing Date :
List Price :
Lot Size:
Subscription:
Listed Price: ₹ 32.65 (+16.61%)

MAFIA TRENDS LIMITED's completed its IPO journey with a successful listing on BSE on 06-10-2022. The public offering mobilized 12,84,000 Shares in total capital, comprising 12,84,000 Shares in fresh equity.

The offering was conducted within the price band of ₹28 to ₹28, with minimum application lots of 4000 shares. Investor participation during the 22-09-2022 to 27-09-2022 subscription window determined the final allocation pattern.

The basis of allotment was announced on 03-10-2022, finalizing share distribution to successful applicants. The listing represents a significant corporate development, providing the company with enhanced visibility and access to public capital markets.

MAFIA TRENDS IPO Details
Lot(s) Distribution

Investors can bid starting from the minimum lot size specified for this IPO, and only in multiples of that lot size. The table below shows the minimum and maximum investment for retail investors and HNIs in terms of lots, quantity, and amount.

IPO Reservation
MAFIA TRENDS IPO Key Performance Indicator
Company Financials ( In Lakhs )

MAFIA TRENDS IPO About Company

Incorporated in 2017, Mafia Trends Limited is engaged in marketing and selling men’s fashion, including apparel such as jeans, t-shirts, shirts, chinos, formal trousers, and formal shirts. The brand focuses on providing affordable yet premium outfits based on the concept of ‘Value Retailing,’ aiming to deliver the latest fashion trends with a particular focus on the youth and young generation. The company reported total revenues of Rs. 400.80 lakhs for FY 2020-21 and Rs. 620.16 lakhs for the period from April 1, 2021, to January 31, 2022.


Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."


MAFIA TRENDS IPO Strength Factors

  1. First-Mover Advantage: Early presence in Tier-II and Tier-III cities targeting the growing middle-class customer segment.
  2. Competitive Lease Rentals: Benefits from cost-effective rental arrangements.
  3. Strong & Diversified Procurement Network: Sources products efficiently from multiple suppliers.
  4. Efficient Supply Chain: Ensures timely and reliable product delivery.
  5. Value-Added Products: Offers products with additional features or benefits for customers.
  6. Robust IT Infrastructure: Uses strong systems and processes to support operations.
  7. One-Stop Shop: Provides a wide variety of products in stores customized for local preferences.

MAFIA TRENDS IPO Risk Factors

NA


MAFIA TRENDS IPO Lead Manager(s)

  • GYR Capital Advisors Private Limited

MAFIA TRENDS IPO Promoter(s)

  1. Rajendra Singh Rajpurohit
  2. Mahendra Singh Rajpurohit

MAFIA TRENDS IPO Company Details

MAFIA TRENDS LIMITED
Phone:
address:

MAFIA TRENDS IPO Registrar

Link Intime India Private Limited
Name:
Phone:

MAFIA TRENDS IPO FAQs