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Mafia Trends IPO Details

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Subscription StatusAllotment StatusListing Date

Mafia Trends IPO subscription is to open on Sep 22, 2022 and will close on Sep 27, 2022, the price band of the Mafia Trends  IPO is fixed at ₹ 28. Mafia Trends business revolves around marketing and selling of Men’s & kids fashion such as Jeans, T-shirts, Shirts, Chinos, Formal trousers and Formal shirts, through a chain of clothing stores

Mafia Trends IPO

Mafia Trends business revolves around marketing and selling of Men’s & kids fashion such as Jeans, T-shirts, Shirts, Chinos, Formal trousers and Formal shirts, through a chain of clothing stores under the brand name Mafia. Mafia Trends are strategically placed across various small Indian towns and cities including Kalol, Vadodara, alongwith Ahmedabad. Outside of Ahmedabad

Objects of the Issue

  • Funding the working capital requirements of the company

Summary of financial Information (Restated Consolidated Statement)

Particulars For the year ended (₹ in lakh)
  31-Mar-22 31-Mar-21 31-Mar-20
Total Assets 1,062.72 801.42 1,154.19
Total income 715.28 400.80 1,147.86
Total Expenses 604.75 364.31 1,147.26
Profit After Tax 81.79 27.00 0.45
DescriptionIPO Details
Public IssueInitial Public Issue of upto 12,84,000 Equity Shares of ₹ 10 (aggregating up to ₹ 359.52 lakhs)
Issue Open  Date22-Sep-22
Issue Close Date27-Sep-22
Issue TypeFixed Price
IPO Price Band₹ 28
Face Value ₹ 10
Market Lot 4000 Equity Shares and in multiples thereof
Minimum Order Quantity 4000 Equity Shares
Maximum Subscription Amount for Retail InvestorRs. 2,00,000
Listing BSE SME
NSE SymbolMAFIA
IPO Market Timings 10.00 a.m. to 5.00 p.m.
ApplicationLotsNo of SharesAmount (Rs)
Minimum14000₹ 1,12,000
Maximum14000₹ 1,12,000
  • GYR Capital Advisors Private Limited
DetailsDate
Bid / Offer Opens on22-Sep-22
Bid / Offer Closes on27-Sep-22
Finalisation of Basis of Allotment30-Sep-22
Initiation of refunds 03-Oct-22
Credit of the Equity Shares04-Oct-22
Listing Date06-Oct-22

Company Registered Office

1, Prabhu Kutir Complex,
Sandesh Press Road, Vastrapur,
Ahmedabad – 380 015,
Gujarat, India
Website: www.mafiastores.com

Company Promoters

  • Rajendra Singh Rajpurohit
  • Mahendra Singh Rajpurohit

What is the Mafia Trends IPO Price?

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The Mafia Trends IPO price band is 28 per share

When Mafia Trends IPO will open?

The Mafia Trends IPO opens on Sep 22, 2022 and closes on Sep 27, 2022

What is the lot size of Mafia Trends IPO?

The Mafia Trends IPO lot size is 4000 Equity Shares and the minimum order quantity is 4000 Equity Shares

Who is the Registrar for Mafia Trends IPO?

The Registrar for Mafia Trends IPO is Link Intime India Private Limited

How to apply in Mafia Trends IPO through UPI?

Check the step by step process here – Click here

How to apply in Mafia Trends IPO through Zerodha?

Check the step by step process here – Click here

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