Mafia Trends IPO vs Varanium Cloud IPO

Comparision between Mafia Trends IPO and Varanium Cloud IPO.

IPO Details

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

	Mafia Trends IPO	Varanium Cloud IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Fixed Price Issue	Fixed Price Issue
Listing At	BSE SME	NSE SME
Lead Managers	GYR Capital Advisors Private Limited	First Overseas Capital Limited
Registrar	Link Intime India Private Ltd	Bigshare Services Pvt Ltd
Market Maker
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor
IPO Allotment URL	IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of Mafia Trends IPO is up to ₹3.60 Cr whereas the issue size of the Varanium Cloud IPO is up to ₹36.60 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 IPO	Varanium 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)
Discount (Employee)
Market Lot Size	4000 shares	1000 shares
Fresh Issue Size	12,84,000 shares	30,00,000 shares
Fresh Issue Size (Amount)	up to ₹3.60 Cr	up to ₹36.60 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	12,84,000 shares	30,00,000 shares
Issue Size Total (Amount)	up to ₹3.60 Cr	up to ₹36.60 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 IPO	Varanium Cloud IPO
Anchor Bid Date
Issue Open	Sep 22, 2022	Sep 16, 2022
Issue Close	Sep 27, 2022	Sep 20, 2022
Basis Of Allotment (Tentative)	Sep 30, 2022	Sep 23, 2022
Initiation of Refunds (Tentative)	Oct 03, 2022	Sep 26, 2022
Credit of Share (Tentative)	Oct 04, 2022	Sep 27, 2022
Listing date (Tentative)	Oct 06, 2022	Sep 27, 2022
Anchor Lockin End date 1	Oct 30, 2022	Oct 23, 2022
Anchor Lockin End date 2	Dec 29, 2022	Dec 22, 2022

Financials

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

Mafia Trends IPO

Varanium Cloud IPO

Financial

Mafia Trends Limited Financial Information (Restated)
Period Ended	Total Assets	Total Revenue	Profit After Tax	Net Worth	Reserves and Surplus
31-Mar-19	1031.1	1282.33	22.02	202.19	139.75
31-Mar-20	1154.18	1147.86	0.45	202.64	140.2
31-Mar-21	801.43	400.8	27	229.64	167.2
31-Mar-22	1062.72	715.28	81.79	341.56	271.57
Amount in ₹ Lakhs

Varanium Cloud Limited Financial Information (Restated)
Period Ended	Total Assets	Total Revenue	Profit After Tax	Net Worth	Reserves and Surplus
31-Mar-20	765.39	12.44	-148.9	185.74	0
31-Mar-21	833.09	419.51	289.25	327.3	0
31-Mar-22	4066.68	3535.21	840.19	1512.49	877.35
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

87.42%

Promoter Shareholding (Post-Issue)

P/E Ratio

15.21

14.59

Market Cap

₹12.41 Cr.

₹122.63 Cr.

ROE

ROCE

Debt/Equity

EPS

RoNW

Shares Offered

In the Mafia Trends IPO retail 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 IPO	Varanium Cloud IPO
Anchor Investor Reserveration
Market Maker Reserveration	68,000 shares	4,86,000 shares
QIB
NII	6,08,000 shares	12,57,000 shares
RII	6,08,000 shares	12,57,000 shares
Employee
Others
Total	12,16,000 shares	25,14,000 shares

Bids Received (Subscription)

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

	Mafia Trends IPO	Varanium Cloud IPO
QIB (times)
NII (times)	3.91x	5.83x
Big NII (times)
Small NII (times)
RII (times)	5.97x	5.09x
Employee (times)
Other (times)
Total (times)	4.94x	5.46x

Compare with others

Mafia Trends IPO	Varanium Cloud IPO
Lloyds Luxuries IPO	Mafia Trends IPO
Concord Control Systems IPO	Insolation Energy IPO
Maagh Advertising IPO	Containe Technologies IPO
QMS Medical Allied IPO	Kandarp Digi Smart BPO IPO
Cyber Media Research IPO	Maks Energy IPO
Insolation Energy IPO	Tapi Fruit Processing IPO
Containe Technologies IPO	Annapurna Swadisht IPO
Kandarp Digi Smart BPO IPO	Ishan International IPO
Maks Energy IPO	Sabar Flex India IPO
Varanium Cloud IPO	Shantidoot Infra Services IPO

Comments

Add a public comment...