3 - 4 minutes readMafia Trends IPO Date

Mafia Trends IPO Details: Mafia Trends’ initial public offering (IPO) will begin on September 22, 20022 and end on September 27, 2022. According to the face value of Rs. 10, the company has set the price of this IPO at Rs. 28. The company will raise Rs. 3.64 crores through this IPO by selling 13,00,000 equity shares. And the offer is completely fixed price.

Mafia Trends IPO
Mafia Trends IPO

Mafia Trends IPO Details

IPO Opening DateSep 22, 2022
IPO Closing DateSep 27, 2022
Price BandRs. 10 per share
Lot Size4000 Shares
Issue Size (Rs. Cr.)1,284,000 shares of Rs. 10 (aggregating up to Rs. 3.60 Cr)
Fresh Issue1,284,000 shares of Rs. 10 (aggregating up to Rs. 3.60 Cr)
Face ValueRs. 10 per share
Issue TypeFixed Price Issue IPO
Exchange BoardBSE, SME
Retail Shares Offered50% of the net offer
NII (HNI) Shares Offered50% of the net offer
Basis of Allotment DateSep 30, 2022
Initiation of RefundsOct 3, 2022
Credit of Shares to Demat AccountOct 4, 2022
Mafia Trends IPO Listing DateOct 6, 2022

Mafia Trends IPO Date

Mafia Trends IPO issue will be available for subscription from September 22, 2022 to September 27, 2022.

Mafia Trends IPO Issue Size

Mafia Trends IPO Issue Size is Rs. 3.60 Cr. Rajendra Singh Rajpurohit and Mahendra Singh Rajpurohit are the company promoters.

Mafia Trends IPO Price

Shares will be sold by the company for between Rs. 28 each. Mafia Trends face value is Rs. 10 per equity share.

Mafia Trends IPO Lot Size

The lot size for the Mafia Trends IPO is 4000 shares. A retail investor can apply for up to one lot (4000 shares or Rs. 112,000).

Mafia Trends Allotment Date and Listing Date

The basis of allotment date of Mafia Trends IPO is Sep 30, 2022 and its Initiation of Refunds date is Oct 3, 2022. A successful trade’s shares will credit to Demat account on Oct 4, 2022. Mafia Trends IPO’s listing date is Oct 6, 2022.

About Mafia Trends Limited IPO

Mafia Trends Limited, founded in 2017, is in the business of marketing and selling Men’s fashion, which includes clothing such as Jeans, T-shirts, Shirts, Chinos, Formal Trousers, and Formal Shirts.

Mafia Trends Limited, founded in 2017, is in the business of marketing and selling Men’s fashion, which includes clothing such as Jeans, T-shirts, Shirts, Chinos, Formal Trousers, and Formal Shirts.

The total revenue for 2020-21 is Rs 400.80 lacs and Rs 620.16 lacs from April 1, 2021 to January 31, 2022.

Outside of Ahmedabad, the company strategically placed itself in tier 2 and tier 3 cities. Our first store, named ‘Mafia Western Outfit,’ opened in Ahmedabad, Gujarat, and we now have eight stores spread across three cities and one warehouse in Gujarat.

To create a pull towards the brand and store, the company conducts ‘Above The Line’ (ATL) and ‘Below The Line’ (BTL) activities. As part of its retention strategy, it aims to increase the number of footfalls and the footfall conversion rate by organising events such as annual days (men’s day / father’s day), drawing, dancing, and painting competitions, treasure hunts, and talent hunts. It has engaged in inter-promotional and cross-promotional advertising, as well as influencer marketing activities, to promote the brand with some of the film production houses.

Promoters of Mafia Trends IPO

Mafia Trends Limited is promoted by Rajendra Singh Rajpurohit and Mahendra Singh Rajpurohit.

Mafia Trends IPO FAQs

What is Mafia Trends IPO?

Mafia Trends IPO is a SME IPO consisting of 1,284,000 equity shares with a face value of Rs. 10 and a total value of Rs. 3.60 crores. The shares are priced at Rs. 28 each. 4000 shares are the minimum order quantity.

The initial public offering (IPO) begins on September 22, 2022 and ends on September 27, 2022.

The registrar for the IPO is Link Intime India Private Ltd. The shares are proposed for listing on the BSE SME.

When Mafia Trends IPO will open?

The Mafia Trends IPO opens on Sep 22, 2022 and closes on Sep 27, 2022.

What is the lot size of Mafia Trends IPO?

Mafia Trends IPO lot size is 4000 Shares.

How to apply for Mafia Trends IPO?

You can apply in Mafia Trends IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don’t offer banking services.

When Mafia Trends IPO allotment?

The basis of allotment for the Mafia Trends IPO will be finalised on September 30, 2022, and the allotted shares will be credited to your demat account by October 4, 2022.

When is Mafia Trends IPO listing date?

The Mafia Trends IPO listing date is Oct 6, 2022.

Who is the registrar of Mafia Trends IPO?

The registrar for Mafia Trends IPO is Link Intime India Private Ltd.

What is Mafia Trends IPO Price Band?

Mafia Trends IPO price is Rs. 28 per equity share.