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MTMAFIAListed

MAFIA TRENDS LIMITED

Fixed Price IPO · BSE

Price band
₹28 - ₹28
Lot size
4,000 shares
Issue amount
₹3.6 cr
Total subscription
4.94×
Current price₹4.75
Listing price ₹32.65
Watch live price ↗
Opens
22 Sept 2022
Closes
27 Sept 2022
Allotment
3 Oct 2022
Listing
6 Oct 2022

Offer at a glance

Issue overview

Issue size
12,84,000 shares
Face value
₹10 per share
Minimum investment
₹1,12,000
Fresh issue
₹3.6 cr
Offer for sale
₹0 cr
Registrar
Link Intime India Private Limited
Listing exchange
BSE
Maximum investment
₹1,12,000
Issue type
Fixed Price IPO
Shares before issue
31,49,550
Shares after issue
44,33,550

Lot sizes

CategoryLotsSharesAmount
RETAIL14,000₹1,12,000
HNI28,000₹2,24,000

Share reservation

Market Maker5.3%
NII (HNI)47.35%
RETAIL47.35%

Subscription & GMP

Subscription by category

Total subscribed4.94×

Subscription figures are awaiting publication.

GMP history

01.5327 Mar: ₹327 Nov: ₹3
27 Mar₹327 Nov

Application-wise demand

CategoryReserved applicationsApplied applications
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Financial performance

Company financials

In Lakhs · Reported periods may include interim results.

Revenue & profitIn Lakhs
05001,0001,500Mar-22 · Revenue: 715.28Mar-22 · Profit after tax: 81.79Mar-22 Mar-21 · Revenue: 400.8Mar-21 · Profit after tax: 27Mar-21 Mar-20 · Revenue: 1,147.86Mar-20 · Profit after tax: 0.45Mar-20 Mar-19 · Revenue: 1,282.33Mar-19 · Profit after tax: 22.02Mar-19
RevenueProfit after tax

Company information

Company profile

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.

Strengths

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

Promoters

Rajendra Singh Rajpurohit

Mahendra Singh Rajpurohit

Registrar & documents

Lead manager

GYR Capital Advisors Private Limited

Registered office

1, Prabhu Kutir Complex, Sandesh Press Road, Vastrapur, Ahmedabad – 380 015

+91 77780 43457

[email protected]Company website ↗

Understanding MAFIA IPO data

Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.