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Mafia Trends Ltd IPO Details, Date, Share Price Range

Mafia Trends Ltd IPO Details, Date, Share Price Range

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Category : ipo news

Mafia Trends Ltd Details:

Mafia Trends Ltd has announced public offering of 1284000 shares at a price of Rs 10.00 each for Cash at a Premium of Rs 18.00 per share. The gross proceeds of the issue are expected to be Rs 359.52 lakhs.

The company's initial public offer (IPO) will open on 22 September 2022 and is expected to close on 27 September 2022, subject to customary closing conditions.

The IPO includes a fresh Issue of 1284000 Equity Shares of the Company at an price of Rs 28.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 4000 shares with bids in multiples of 4000.

Mafia Trends Ltd. anticipates using the proceeds of the issue for a) Funding the working capital requirements of the company.

GYR CAPITAL ADVISORS PRIVATE LIMITED as lead manager & Link Intime India Private Limited is the registrar, to the issue.

If the Mafia Trends Ltd is something that you’re looking to invest in come 22 September 2022, it would be a good idea to start the demat account opening process right away.

Apply online IPO or Contact Libord Broking now to open demat account online within minutes, and install the LibordEasy app from google play store.

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