Mafia Trends Limited

Company Profile
Company Name Mafia Trends Limited
Open Date 22-09-2022
Close Date 27-09-2022
Exchange BSE SME
Lot Size 4000 Shares
Issue Price ₹ 28 per share
Issue Size 12,84,000 Equity Shares
Application Amount ₹ 1,12,000
Recommendation Avoid
Mafia Trends Limited was incorporated in the year 2017 in Gujarat. The company’s business revolves around marketing and selling of Men’s & kids fashion such as Jeans, T-shirts, Shirts, Chinos, Formal trousers and Formal shirts, through a chain of clothing stores under the brand name Mafia. Company currently operates 8 stores spread across 3 cities and one warehouse in Gujarat. Company is mainly focused on setting up business in the Tier II and Tier III cities of India through its retails outlet.
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Summary of Financials (All financials in Lakh)

For the Period Ended Mar-22 Mar-21 Mar-20
Total Assets 1,062.72 801.43 1,154.18
Net Assets 341.56 226.64 202.64
Total Borrowings 212.07 263.15 276.45
Total Revenue 715.28 400.80 1,147.86
Profit After Tax 81.79 27.00 0.45

Tentative Timeline

Opening Date 22-09-2022
Closing Date 27-09-2022
Basis of Allotment 30-09-2022
Initiation of Refunds 03-10-2022
Credit of Shares to Demat 04-10-2022
Listing Date 06-10-2022

Objects of the Issue

Funding the working capital requirements of the company
General Corporate Purposes

Contact Information

Registered Office Mafia Trends Limited 1, Prabhu Kutir Complex, Sandesh Press Road, Vastrapur, Ahmedabad – 380 015
Phone +91 77780 43457

Registrar Details

Name Link Intime India Private Limited
Phone +91-22-4918 6270

IPO Reservation

Anchor Investor Shares Offered -
Market Maker Shares Offered 68,000 (5.30%)
Other Shares Offered 6,08,000 (47.35%)
Retail Shares Offered 6,08,000 (47.35%)
Total Shares Offered 12,84,000 (100%)

Shareholding Pattern

Share Holding Pre Issue (Promoters) 87.42%

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