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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.

 Mafia Trends IPOVaranium Cloud IPO
LogoMafia Trends IPO LogoVaranium Cloud IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceFixed Price
Listing AtBSE SMENSE SME
Lead ManagersGYR Capital Advisors Pvt.Ltd.First Overseas Capital Ltd.
RegistrarMUFG Intime India Pvt.Ltd.Bigshare Services Pvt.Ltd.
Market MakerGiriraj Stock Broking Pvt.Ltd.Rikhav Securities Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

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.

 Mafia Trends IPOVaranium Cloud IPO
Anchor Bid Date
Issue OpenSep 22, 2022Sep 16, 2022
Issue CloseSep 27, 2022Sep 20, 2022
Basis Of Allotment (Tentative)Sep 30, 2022Sep 23, 2022
Initiation of Refunds (Tentative)Oct 03, 2022Sep 26, 2022
Credit of Share (Tentative)Oct 04, 2022Sep 27, 2022
Listing date (Tentative)Oct 06, 2022Sep 27, 2022
Anchor Lockin End date 1
Anchor Lockin End date 2

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
Mafia Trends Limited Financial Information (Restated)
Period EndedTotal AssetsTotal RevenueProfit After TaxNet WorthReserves and Surplus
31-Mar-191031.11282.3322.02202.19139.75
31-Mar-201154.181147.860.45202.64140.2
31-Mar-21801.43400.827229.64167.2
31-Mar-221062.72715.2881.79341.56271.57
Amount in ₹ Lakhs
Varanium Cloud Limited Financial Information (Restated)
Period EndedTotal AssetsTotal RevenueProfit After TaxNet WorthReserves and Surplus
31-Mar-20765.3912.44-148.9185.740
31-Mar-21833.09419.51289.25327.30
31-Mar-224066.683535.21840.191512.49877.35
Amount in ₹ Lakhs
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
RoNW

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 Reserveration
Market Maker Reserveration68,000 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.

 Mafia Trends IPOVaranium Cloud IPO
QIB (times)
NII (times)3.91x5.83x
Big NII (times)
Small NII (times)
RII (times)5.97x5.09x
Employee (times)
Other (times)
Total (times)4.94x5.46x