Mafia Trends Ltd. IPO — GMP, Details & Subscription

IPO Details

Open Date

22 Sep 2022

Close Date

27 Sep 2022

Allotment

30 Sep 2022

Listing Date

06 Oct 2022

Exchange

BSE SME

Price Band

₹28

Listing Price

See chart

Allotment Status

Check Now →

Price Band

₹28

Per share

Face Value

₹10 per share

Lot Size

4,000 Shares

per lot

Issue Size

12,84,000 shares (aggregating up to ₹3.60 Cr)

Total offering

Issue Type

Fixed Price IPO

Min Investment

₹112,000

1 lot

Pre-IPO Holding

31,49,550 shares

Promoters

Post-IPO Holding

44,33,550 shares

Promoters

P/E (Pre)

15.21x

UPI Deadline

2022-09-27

Mandate

Anchor AllotmentWed, 21 Sep 2022

Basis of AllotmentFri, 30 Sep 2022

Refund InitiationMon, 03 Oct 2022

Demat CreditTue, 04 Oct 2022

Listing DayThu, 06 Oct 2022

UPI Mandate Deadline2022-09-27

Sale TypeFresh Capital

Net Offer to Public12,16,000 shares (aggregating up to ₹3.40 Cr)

Market Maker Quota68,000 shares (aggregating up to ₹0.1904 Cr)

QIB Quota50% of Net Issue

HNI / NII Quota15% of Net Issue

Retail Quota35% of Net Issue

Check AllotmentClick here →

Subscription Rate Final

Mafia Trends Ltd. IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 27 Sep 2022.

QIB

1.00x

Over

NII/HNI

1.00x

Over

Retail

1.00x

Over

Total

1.00x

Over

Category	Subscription	Shares Offered	% of Total	Amount (₹Cr)
Market Maker	Awaited	68,000	—	₹0.19
QIB	Over 1.00x	—	—	—
NII / HNI	Over 1.00x	—	—	—
Retail	Over 1.00x	—	—	—
Total	1.00x	1,284,000	100%	₹3.60

IPO Shares Offered

Mafia Trends Ltd. IPO total issue size: ₹3.60 Cr.

Category	Shares Offered	Amount (₹Cr)	Size (%)
Market Maker	68,000	₹0.19	5.30%
Total	1,284,000	₹3.60	100.00%

* Based on upper price band ₹28 per share

Lot Size & Investment

Lot Size

4,000

Shares per Lot

Issue Price

₹28.00

Upper Band

Min Investment

₹112,000

1 Lot

Application	Lots	Shares	Amount
Retail (Min — 2 Lots)	2	8,000	₹224,000
Retail (Max — 13 Lots)	13	52,000	₹1,456,000
S-HNI (Min — 14 Lots)	14	56,000	₹1,568,000
B-HNI (Min — 68 Lots)	68	272,000	₹7,616,000

* Issue Price ₹28 × Lot Size 4,000 shares

IPO Schedule

Anchor

21 Sep 2022

✓ Done

IPO Open

22 Sep 2022

✓ Done

IPO Close

27 Sep 2022

✓ Done

Allotment

30 Sep 2022

✓ Done

Refunds

03 Oct 2022

✓ Done

Demat Credit

04 Oct 2022

✓ Done

Listing Day

06 Oct 2022

✓ Done

₹28.00

INR · BSE

Fetching…

vs Issue Price

—

OPEN

—

HIGH

—

LOW

—

MKT CAP

—

P/E

—

52W HIGH

—

52W LOW

—

VOLUME

—

DIVIDEND

—

DIV YIELD

—

Loading…

Chart Not Available

Try again 2–3 days after listing.

Issue ₹28.00 Live Price

About Mafia Trends Ltd.

Incorporated in 2017, 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.Competitive Strengths :First mover advantage in Tier-II and Tier-III cities and to target the expanding, aspiring class and middle-class customer group.Competitive lease rentals.Strong and diversified procurement network.Efficient supply chain management.Value Addition to our productsStrong IT infrastructure, systems and processesOne-stop shop with a large variety of products, adopting store Concept Classification, customised for the local populace.

Objects of the Issue

1 Funding the working capital requirements of the company

Mafia Trends Ltd. Financials (Amount in Lakhs)

Revenue from Operations

₹400.8

31-Mar-21

₹1,147.9

31-Mar-20

₹1,282.3

31-Mar-19

Profit After Tax (PAT)

₹27.0

31-Mar-21

₹0.5

31-Mar-20

₹22.0

31-Mar-19

Particulars	31-Mar-19	31-Mar-20	31-Mar-21
Revenue from Operations	1282.33	1147.86	400.80
EBITDA	N/A	N/A	N/A
Profit After Tax (PAT)	22.02	0.45	27.00
Net Worth	202.19	202.64	229.64
Total Assets	1031.10	1154.18	801.43
Reserves & Surplus	139.75	140.20	167.20
Borrowings	N/A	N/A	N/A
EBITDA Margin (%)	N/A	—	—
PAT Margin (%)	N/A	—	—

Issue Structure & Shareholding

Total Shares Offered12,84,000 (100.00%)

Net Offer to Public12,16,000 shares (aggregating up to ₹3.40 Cr)

Reserved for Market Maker68,000 shares (aggregating up to ₹0.1904 Cr)

Pre-Issue Promoter Holding31,49,550 shares

Post-Issue Promoter Holding44,33,550 shares

P/BV RatioN/A

RoEN/A

RoCEN/A

Debt / EquityN/A

Script CodeN/A

Registrar & Lead Managers

IPO Registrar

MUFG Intime India Pvt.Ltd.

+91-22-4918 6270

mafia.ipo@linkintime.co.in

https://linkintime.co.in/Initial_Offer/public-issues.html

Check Allotment

Book Running Lead Managers

GYR Capital Advisors Pvt.Ltd.

GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.

IPO Subscription FAQs

How much Mafia Trends Ltd. IPO subscribed? ▲

Mafia Trends Ltd. IPO is subscribed 1.00 times by Sep 27, 2022. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor Category	Subscription
Qualified Institutional (QIB)	1.00x
Non Institutional (NII/HNI)	1.00x
Retail Individual	1.00x
Total Subscription	1.00x

What is Mafia Trends Ltd. IPO retail subscription status? ▼

The Mafia Trends Ltd. IPO retail category is subscribed 1.00 times as of 27 Sep 2022. The retail portion is oversubscribed.

How to subscribe Mafia Trends Ltd. IPO? ▼

Subscribe via your broker app using ASBA or UPI. Opens 22 Sep 2022 and closes 27 Sep 2022. Min investment: ₹112,000 (1 lot = 4,000 shares). UPI mandate: 2022-09-27.

How many times Mafia Trends Ltd. IPO subscribed? ▼

The Mafia Trends Ltd. IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Mafia Trends Ltd. IPO allotment? ▼

Check allotment on the registrar website (MUFG Intime India Pvt.Ltd.) at https://linkintime.co.in/Initial_Offer/public-issues.html. Enter your PAN, application number or DP/Client ID. Allotment date: 30 Sep 2022. Refunds: on 03 Oct 2022.

When Mafia Trends Ltd. IPO will be listed? ▼

The Mafia Trends Ltd. IPO listing date is 06 Oct 2022, Thursday. Listed on: BSE SME. Issue price: ₹28. Estimated listing: ₹28. GMP: NIL.

When Mafia Trends Ltd. IPO close? ▼

The Mafia Trends Ltd. IPO closes on 27 Sep 2022, Tuesday. UPI mandate: 2022-09-27. Allotment: 30 Sep 2022. Listing: 06 Oct 2022.

Quick Actions

Check Allotment

Live Price LIVE

Last Price₹28.00

Change—

Issue Price₹28.00

vs Issue—

Quick Summary

StatusListed

Issue Price₹28

Face Value₹10

Lot Size4,000 Sh

Min. Amount₹112,000

GMPNIL

Est. Listing₹28

Subscribed1.00x

Open Date22 Sep 2022

Close Date27 Sep 2022

Allotment30 Sep 2022

Listing Date06 Oct 2022

ExchangeBSE SME

UPI Deadline2022-09-27