Business Standard

Mafia Trends Ltd - IPO

Issue Type

Fixed Price - SME

Issue Size (₹ Cr.)

3.60 cr

Price Range (₹)

28

Lot Size

4000

Min Investment (₹)

1,12,000.00

Listing Exchange

BSE - SME

Open Date

22-Sept-2022

Close Date

27-Sept-2022

Listing Date

06-Oct-2022

Mafia Trends Ltd News

    The Shares of Mafia Trends Ltd have now been listed.

    Mafia Trends Ltd IPO Details

    Public issue of 12,84,000 equity shares of face value Rs. 10 each (Equity Shares) of Mafia Trends Limited (the Company or the Issuer) for cash at a price of Rs. 28 per equity share (including a securities premium of Rs. 18 per equity share) (the Issue Price), aggregating to Rs. 3.60 crores (Issue) of the issue, 68,000 equity shares aggregating to Rs. 0.19 crores will be reserved for subscription by market maker (Market Maker Reservation Portion). The issue less the market maker reservation portion i.e. issue of 12,16,000 equity shares of face value of Rs. 10 each at an issue price of Rs. 28 per equity share aggregating to Rs. 3.41 crores is hereinafter referred to as the Net Issue. The issue and the net issue will constitute 28.96% and 27.42%, respectively of the post issue paid up equity share capital of the company.The face value of the equity shares is Rs.10 each and the issue price is Rs.28. The issue price is 2.8 times of the face value.

    Objective of issue

    Funding the working capital requirements of the company.

    Mafia Trends Ltd Contact Details

    Mafia Trends Ltd, C-101 247 Park, L B S Marg, Vikhroli West, Mumbai-400083

    Phone - 91-22-49186000

    Fax - 91-22-49186060

    Email - grievance@mafiastores.com

    Website - www.mafiastores.com