Mafia Trends IPO subscription status started on Thursday, September 22, 2022 and will close on September 27, 2022. Mafia Trends IPO to raise around ₹3.64 crores via IPO. The retail quota is 50%, and HNI is 50%. The price band is fixed at ₹28 per equity share. The IPO to list on BSE.
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.
IPOWatch View:
We recommend investors may apply an IPO with caution (Avoid / Risky). Investors should also look at the Retail and HNI numbers before investing. You can check the Mafia Trends IPO allotment status here.
Mafia Trends IPO Subscription Status
Live Update – Day 4 at 5:00
| Category | Day 2 | Day 3 | Day 4 |
| NII | 2.01 | 2.31 | 3.91 |
| RII | 0.64 | 2.97 | 5.97 |
| Total | 1.33 | 2.64 | 4.94 |
Mafia Trends IPO Investor Categories
- Qualified Institutional Buyers (QIB): Financial Institutions, Banks, FIIs, and Mutual Funds
- Non-Institutional Investors(NII): Individual Investors, NRIs, Companies, Trusts, etc
- Retail Individual Investors (RII): Retail Individual Investors or NRIs
- Employee (EMP): Eligible Employees
- Others: Eligible Shareholders
Mafia Trends IPO Review
- Avoid / Risky
Mafia Trends IPO Date & Price Band
| 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
| Minimum IPO Lot Size: | Minimum 4000 shares for 1 lot |
| Minimum Amount: | ₹112,000 for 1 lot |
Mafia Trends IPO Subscription Dates
| 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.
