Mafia Trends IPO GMP, Price, Review, Allotment & Analysis

Vijay Prajapati
October 6, 2022

Vijay Prajapati

Mafia Trends IPO date is fixed, The IPO will open on September 22 and will close on September 27, 2022. Mafia Trends is a BSE SME IPO to raise ₹3.64 crores via IPO. The Mafia Trends IPO price band is fixed at ₹28 with a market lot of 4000 shares

Mafia Store is running a fashion brand Mafia offers clothing, apparel, and general merchandise for men. They are one of the retailers of trend-setting outfits with high quality through their market and retail stores. The company set up its first store named “Mafia Western Outfit” in Ahmedabad, Gujarat. The company is focusing on menswear and selling products via its retail store and franchise business model retail stores.

Mafia Trends set up stores across Kalol, Vadodara, and Ahmedabad. The company operates in Tier-II and Tier-III cities. The company started its wholesale business in 2008 and opened its first retail store in 2011. They have around 8 retail stores in Gujarat with the registered brand name MAFIA. You can check Mafia Trends IPO subscription status and Mafia Trends IPO allotment status on their respective pages.

Objects of the Issue:

Funding the working capital requirements of the company.
General Corporate Purposes.

Mafia Trends IPO Review

Avoid / Risky

Mafia Trends IPO GMP Live Rates day by day with Kotak rates.

Date	GMP	Kostak	Subject to
6 October	₹-	₹-	₹-

Mafia Trends IPO Date & Price Band Details

Mafia Trends IPO Open:	September 22, 2022
Mafia Trends IPO Close:	September 27, 2022
Mafia Trends IPO Size:	Approx ₹3.64 Crores, 13,00,000 Equity Shares
Face Value:	₹10 Per Equity Share
Mafia Trends IPO Price Band:	₹28 Per Equity Share
Mafia Trends IPO Listing on:	BSE SME
Retail Quota:	50%
QIB Quota:	-%
NII Quota:	50%
DRHP Draft Prospectus:	Click Here
RHP Draft Prospectus:	Click Here

Mafia Trends IPO Market Lot

The Mafia Trends IPO minimum market lot is 4000 shares with a ₹112,000 application amount.

Minimum IPO Lot Size:	Minimum 4000 shares for 1 lot
Minimum Amount:	₹112,000 for 1 lot

Mafia Trends IPO Allotment & Listing Dates

The Mafia Trends IPO date is September 22 and the IPO close date is September 27. The IPO allotment date is September 30 and the IPO might list on October 6.

Mafia Trends IPO Open Date:	September 22, 2022
Mafia Trends IPO Close Date:	September 27, 2022
Basis of Allotment:	September 30, 2022
Refunds:	October 3, 2022
Credit to Demat Account:	October 4, 2022
Mafia Trends IPO Listing Date:	October 6, 2022

Mafia Trends IPO Form

How to apply Mafia Trends IPO? You can apply Mafia Trends IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Mafia Trends IPO in the Invest section. The other option you can apply Mafia Trends IPO via IPO forms download via the BSE website. Check out the Mafia Trends forms – click BSE IPO Forms download, fill and submit in your bank or with your broker.

Mafia Trends Company Financial Report

₹ in Crores
	Revenue	Expense	PAT
2020	₹11.48	₹11.48	₹0.05
2021	₹4.01	₹3.64	₹0.27
2022	₹6.20	₹5.64	₹0.41

Mafia Trends IPO Valuation – FY2022

Check Mafia Trends IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.

Earning Per Share (EPS):	₹4.32 per Equity Share
Price/Earning P/E Ratio:	N/A
Return on Net Worth (RoNW):	11.76%
Net Asset Value (NAV):	₹36.78 per Equity Share

Peer Group

Company Promoters

Rajendra Singh Rajpurohit
Mahendra Singh Rajpurohit

Mafia Trends IPO Registrar

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: mafia.ipo@linkintime.co.in
Investor grievance e-mail: mafia.ipo@linkintime.co.in
Website: www.linkintime.co.in

Mafia Trends IPO Allotment Status

Check Mafia Trends IPO allotment status on Linkintime website URL. Click Here

Mafia Trends IPO Lead Managers

GYR CAPITAL ADVISORS PRIVATE LIMITED

Company Address

Mafia Trends Limited
1, Prabhu Kutir Complex, Sandesh
Press Road, Vastrapur,
Ahmedabad – 380 015, Gujarat, India.
Email-id: grievance@mafiastores.com
Telephone: +91 77780 43457
Website: www.mafiastores.com

Mafia Store IPO FAQs

What is Mafia Store IPO?

Mafia Store IPO is a BSE SME IPO. They are going to raise ₹3.64 Crores via IPO. The issue is priced at ₹28 per equity share. The IPO is to be listed on BSE.

When Mafia Store IPO will open?

The IPO is to open on September 22, 2022 for NII, and Retail Investors.

What is Mafia Store IPO Investors Portion?

The investors’ portion for QIB is -%, NII is 50%, and Retail is 50%.

How to Apply the Mafia Store IPO?

You can apply Mafia Store IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.

How to Apply the Mafia Store IPO through Zerodha?

Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on IPO. You will see the IPO Name “Mafia Store”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Zerodha.

How to Apply the Mafia Store IPO through Upstox?

Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Mafia Store”. Click on Bid Button. Confirm your application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox.

How to Apply the Mafia Store IPO through Paytm Money?

Log in to Paytm Money Application with your credentials. Select the IPO. You will see the IPO Name “Mafia Store”. Click on Bid Button. Confirm your application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Paytm Money.

What is Mafia Store IPO Size?

Mafia Store IPO size is ₹3.64 crores.

What is Mafia Store IPO Price Band?

Mafia Store IPO Price Band is ₹28 per equity share.

What is Mafia Store IPO Minimum and Maximum Lot Size?

The IPO bid is 4000 shares with ₹112,000.

What is Mafia Store IPO Allotment Date?

Mafia Store IPO allotment date is September 30, 2022.

What is Mafia Store IPO Listing Date?

Mafia Store IPO listing date is October 6, 2022. The IPO to list on BSE SME.

Note: The Mafia Store IPO details are announced officially. The IPO grey market premium (Mafia Store IPO Premium) is updated on the respective page. You can check our IPO grey market page for daily updates.)

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