September 22, 2022 - September 27, 2022

Mafia Trends IPO Review & Recommendations

Dilip Davda recommend to "Avoid" the IPO.

Mafia Trends IPO Review Summary from brokers and analysts

Review By	Apply	May Apply	Neutral	Avoid	Not Rated
Count	0	0	0	1	0
%	0.00	0.00	0.00	100.00	0.00

Mafia Trends IPO Analysis By Brokers/Analysts

Reviewer	Recommendation	Past Reviews
Dilip Davda	Avoid

Mafia Trends IPO Review by Dilip Davda (Avoid)

[Dilip Davda] MTL is operating in a highly competitive and fragmented segment. It has posted an average performance so far. Super profits for FY22 appear to be a window dressing in a pre-IPO year to pave the way for the asking price. On the basis of the issue price, it has given data on the pre-bonus capital base, which is perhaps an eyewash. With such bumper earnings, its asking price indicates a fully priced issue. A small equity base post IPO indicates longer gestation for migration. There is no harm in skipping this issue. Read detail review...

Mafia Trends IPO Review by Members

Mafia Trends IPO Reviews, analysis and views by popular members. Read Mafia Trends Limited IPO reviews by retail investors to find recommended ipo to buy.

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Mafia Trends IPO Review Summary by Members

Review By	Apply	May Apply	Neutral	Avoid
Count	1	0	0	2
%	33.33	0.00	0.00	66.67

Member	Review
world wide explorer Top Contributor (300+ Posts, 100+ Likes)	Avoid Too small business, highly competetive sector, no presence in big cities, hence the growth will be slow. It's too risky to apply. Even if it lists in +ve, very difficult to sustain. September 23, 2022 10:57:51 AM
Sawant	Avoid Big avoid. September 21, 2022 3:26:40 PM
CAKPATEL	Apply for Listing Gain at Cut-off Price The Company has huge upside potential as far as topline is concerned. Already they are in process of opening 35 new outlets by December 2022. Investor should consider longterm. Speculators also can expect good listing gain. September 19, 2022 12:13:11 PM

Member

Review

world wide explorer

Top Contributor (300+ Posts, 100+ Likes)

Avoid

Too small business, highly competetive sector, no presence in big cities, hence the growth will be slow.
It's too risky to apply. Even if it lists in +ve, very difficult to sustain.

September 23, 2022 10:57:51 AM

Sawant

Avoid

Big avoid.

September 21, 2022 3:26:40 PM

CAKPATEL

Apply for Listing Gain at Cut-off Price

The Company has huge upside potential as far as topline is concerned. Already they are in process of opening 35 new outlets by December 2022.

Investor should consider longterm. Speculators also can expect good listing gain.

September 19, 2022 12:13:11 PM

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1 Comments

1. Shanky Link|September 23, 2022 6:02:08 PM

The valuation is priced at a perfect place and can see some volume building up before the issue. Definitely a buy because the share capital is comparatively low and have high chances of listing gain.