Mafia Trends IPO vs Varanium Cloud IPO

Comparison between Mafia Trends IPO and Varanium Cloud IPO.

IPO Details

Mafia Trends IPO is a SME Fixed Price IPO proposed to list at BSE SME while Varanium Cloud IPO is a SME Fixed Price proposed to list at NSE SME.

Issue Size and Price

The total issue size of Mafia Trends IPO is up to ₹3.40 Cr whereas the issue size of the Varanium Cloud IPO is up to ₹30.67 Cr. The final issue price of Mafia Trends IPO is ₹28.00 per share and of Varanium Cloud IPO is ₹122.00 per share.

 Mafia Trends IPOVaranium Cloud IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)₹28.00 per share₹122.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size4000 shares1000 shares
Fresh Issue Size12,16,000 shares25,14,000 shares
Fresh Issue Size (Amount)up to ₹3.40 Crup to ₹30.67 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total12,16,000 shares25,14,000 shares
Issue Size Total (Amount)up to ₹3.40 Crup to ₹30.67 Cr

IPO Timetable

Mafia Trends IPO opens on Sep 22, 2022, while Varanium Cloud IPO opens on Sep 16, 2022. The closing date of Mafia Trends IPO and Varanium Cloud IPO is Sep 27, 2022, and Sep 20, 2022, respectively.

Financials & KPIs

Mafia Trends IPO P/E ratio is 15.21, as compared to Varanium Cloud IPO P/E ratio of 14.59.

 Mafia Trends IPOVaranium Cloud IPO
Financials

Company Financials (Restated)

Period Ended31 Mar 202231 Mar 202131 Mar 202031 Mar 2019
Assets10.638.0111.5410.31
Total Income7.154.0111.4812.82
Profit After Tax0.820.270.000.22
NET Worth3.422.302.032.02
Reserves and Surplus2.721.671.401.40
Amount in ₹ Crore

Company Financials (Restated)

Period Ended31 Mar 202231 Mar 202131 Mar 2020
Assets40.678.337.65
Total Income35.354.200.12
Profit After Tax8.402.89-1.49
NET Worth15.123.271.86
Reserves and Surplus8.770.000.00
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)87.42
Promoter Shareholding (Post-Issue)
P/E Ratio15.2114.59
Market Cap₹12.41 Cr.₹122.63 Cr.
ROE
ROCE
Debt/Equity
EPS₹13.09₹23.81
RoNW23.9555.55

Shares Offered

In the Mafia Trends IPO Retail Individual Investors (RII) are offered 6,08,000 shares while in Varanium Cloud IPO retail investors are offered 6,08,000 shares. Qualified Institutional Buyers (QIB) are offered in Mafia Trends IPO and in Varanium Cloud IPO.

 Mafia Trends IPOVaranium Cloud IPO
Anchor Investor Reservation
Market Maker Reservation68,000 shares4,86,000 shares
QIB
NII6,08,000 shares12,57,000 shares
RII6,08,000 shares12,57,000 shares
Employee
Others
Total12,16,000 shares25,14,000 shares

Bids Received (Subscription)

Mafia Trends IPO subscribed 4.94x in total, whereas Varanium Cloud IPO subscribed 5.46x.

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Mafia Trends IPO Vs Varanium Cloud IPO