Mafia Trends IPO is engaged in the business of marketing and selling Men’s fashion which includes apparel such as Jeans, T-shirts, Shirts, Chinos, Formal trousers and Formal shirts.
Mafia Trends IPO – Overview
| IPO Dates | 22-27 sept 2022 |
| IPO Price | INR 28 per share |
| Fresh issue | 1,284,000 shares (INR 3.60 crore) |
| Offer For Sale | Nil |
| Total IPO size | 1,284,000 shares (INR 3.60 crore) |
| Minimum bid (lot size) | 4000 shares |
| Face Value | INR 10 per share |
| Retail Allocation | 50% |
| Listing On | BSE Emerge |
Mafia Trends IPO -Tentative Dates
| IPO Offer Opening Date | 22 September 2022 |
| IPO Closing Date | 27 September 2022 |
| Finalisation of Basis of Allotment | 30 September 2022 |
| Initiation of refunds | 3 October 2022 |
| Transfer of shares to demat accounts | 4 October 2022 |
| IPO Listing Date | 6 October 2022 |
| Opening Price on BSE SME | Coming soon |
| Closing Price on BSE SME | Coming soon |
Company Overview
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 products
- Strong IT infrastructure, systems and processes
- One-stop shop with a large variety of products, adopting store Concept Classification, customized for the local populace.
Objects of the Issue
- Funding additional Working capital requirements
- General Corporate Purposes
Company Financials
| Particulars | 31-March-22 | 31-June-21 | 31-Mar-20 |
| Total Assets | 1062.72 | 801.43 | 1154.18 |
| Total Revenue | 715.28 | 400.8 | 1147.86 |
| Profit After Tax | 81.79 | 27 | 0.45 |
Company Contact Information
Mafia Trends Limited
1, Prabhu Kutir Complex,
Sandesh Press Road, Vastrapur,
Ahmedabad – 380 015
Phone: +91 77780 43457
Email: grievance@mafiastores.com
Website: http://www.mafiastores.com/index.html
Registrar
Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: mafia.ipo@linkintime.co.in
Website: https://linkintime.co.in/
Lead Manager(s)
- GYR Capital Advisors Limited (Past IPO Performance)
Lead Manager Reports
- IPO Lead Manager Performance Summary
- IPO Lead Manager Performance Tracker
