MAFIA TRENDS LIMITED
ListedSMEConsumer Services / E-Commerce & Retail · BSE
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.
Price Band
₹28
Issue Size
₹3.60 Cr
Lot Size
4000 shares
GMP
₹3
+10.7%
Est. Listing
₹31
at current GMP
Subscribed
4.94x
overall
Open
22 Sep 2022
Close
27 Sep 2022
Allotment
3 Oct 2022
Refund
4 Oct 2022
Demat Credit
5 Oct 2022
Listing
6 Oct 2022
Last updated 12 days ago
Overall Subscription
4.94x
Total Demand
QIB Multiplier
0.00x
Institutions & Funds
NII / HNI
0.00x
High Net-Worth
Retail (RII)
0.00x
Individual Bidders
Category-Wise Subscription Breakup
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| Qualified Institutional (QIB) | 642,857 | — | 0.00x |
| Non-Institutional (NII / HNI) | 192,857 | — | 0.00x |
| Retail Individual (RII) | 450,000 | — | 0.00x |
| Total | 1,285,714 | 0 | 4.94x |
Application-Wise Breakup
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| Retail (RII) | 113 | 558 | 4.94x |
| HNIs (10L +) | 1 | 5 | 5.00x |
| HNIs (2-10L) | 3 | 15 | 5.00x |
| Total Applications | 117 | 578 | 4.94x |
Day-Wise Subscription Progress
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
About MAFIA TRENDS LIMITED Public Issue & Market Profile
MAFIA TRENDS LIMITED is bringing an initial public offering (IPO) in the Consumer Services / E-Commerce & Retail sector with an aggregate issue size of ₹3.6 Crores. The shares are offered at a price band of ₹28 to ₹28 per equity share on BSE. Currently, market analysts recommend evaluating the company's financial valuation, price-to-earnings (P/E) multiple, and peer comparison prior to submitting bids.
Bidding & Quota Instructions:
The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.
Allotment Reconciliation Schedule:
Following the close of bidding on 2022-09-27, the basis of allotment is scheduled to be finalized on 2022-10-03. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Link Intime India Private Limited) or the BSE allotment checking window.
Frequently Asked Questions
What is MAFIA TRENDS LIMITED IPO GMP today?
The latest Grey Market Premium (GMP) for MAFIA TRENDS LIMITED IPO is ₹3 per equity share. Based on the upper price band of ₹28 to ₹28 per equity share, the estimated listing price is ₹31 (+10.7% expected listing gain).
What is the expected profit per lot for MAFIA TRENDS LIMITED IPO?
With a lot size of 4000 shares and current GMP of ₹3, the expected profit per application lot is approx ₹12,000 (+10.7% gain). Minimum application cost is approx ₹1,12,000.
What is the issue size and price band for MAFIA TRENDS LIMITED IPO?
The MAFIA TRENDS LIMITED IPO aggregate issue size is ₹3.6 Crores with an equity price band set at ₹28 to ₹28 per equity share. The retail lot size is 4000 shares requiring a minimum capital outlay of approx. ₹1,12,000.
How can I check MAFIA TRENDS LIMITED IPO live subscription demand?
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 4.94x (Retail: 0.00x, QIB: 0.00x, NII: 0.00x). You can track live multiples directly on our dedicated subscription page.
Where and when will MAFIA TRENDS LIMITED IPO allotment status be published?
The basis of allotment will be published on the official registrar portal (Link Intime India Private Limited) and the BSE status verification website on or around 2022-10-03. Investors can verify status using PAN card or application number.
When is the listing date for MAFIA TRENDS LIMITED IPO?
MAFIA TRENDS LIMITED shares are scheduled to list on BSE on 2022-10-06.