Credo Brands Marketing Limited

Credo Brands Marketing Limited

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₹14,840(53 Shares)

Minimum Investment

IPO Dates

Dec 19, 2023 – Dec 21, 2023

Price Band

₹266–280 per equity share

Lot Size

53

Listing

Dec 27, 2023

Listing At

BSE, NSE

Dec 19, 2023Open DateCompleted
Dec 21, 2023Close DateCompleted
TBAAllotment DateUpcoming
Dec 27, 2023Listing DateCompleted

Credo Brands Marketing Limited Live Subscription Details

All IPOs
QIB104.95x
Retail19.91x
NIIs
55.50x

NII Sub-Categories

bHNI (> ₹10L)

Bids above ₹10L

55.73x

sHNI (< ₹10L)

Bids ₹2L to ₹10L

55.06x

Overall Subscription

Total Bids Received

51.84x

Credo Brands Marketing Limited IPO Issue Details

Issue Price
₹266-280 Per Equity Share
Face Value
₹2 Per Equity Share
Listing At
BSE, NSE
Listing Date
Dec 27, 2023

Company Information

Credo Brands Marketing Limited offers casual clothing for men with its flagship brand Mufti.In 1998, the company's product range consisted only of shirts, T-shirts and trousers. Today, however, the co...

Valuations

RoNW

29.98%

Financial Information (₹ in Crores)

MetricFY 23FY 22FY 21
Total Assets574.48476.05416.99
Total Revenue509.32354.84261.15
Profit After Tax77.5135.743.44
Net Worth

* All figures are in ₹ Crores unless otherwise stated.

Objectives of the Issue

  1. 1The objectives of the Offer are to (i) achieve the benefits of listing the Equity Shares on the Stock Exchanges and (ii) carry out the Offer for Sale of up to 19,634,960 Equity Shares. Further, the Company expects that the proposed listing of its Equity Shares will enhance our visibility and brand image and provide liquidity to the Shareholders and a public market for the Equity Shares in India.

Credo Brands Marketing Limited – Promoter(s)

Kamal Khushlani
Poonam Khushlani

Contact Details

Credo Brands Marketing Limited IPO Documents

Frequently Asked Questions — Credo Brands Marketing Limited IPO

The Credo Brands Marketing Limited IPO price band is set at ₹266.00 to ₹280.00 per equity share.

The lot size for Credo Brands Marketing Limited IPO is 53 shares per lot. The minimum investment amount is approximately ₹14,840.

The Credo Brands Marketing Limited IPO opens on Dec 19, 2023 and closes on Dec 21, 2023.

Credo Brands Marketing Limited IPO is expected to be listed on Dec 27, 2023 on BSE, NSE.

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