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Credo Brands Marketing (Mufti) IPO is a Book Building IPO listing on BSE,NSE exchange, with an ipo size of ₹ 549.78 Cr. The company is based in Mumbai and caters to Textiles sector. Keynote Financial Services , Dam Capital Advisors (Formerly Idfc Securities ) , ICICI Securities are the merchant bankers of Credo Brands Marketing (Mufti) IPO. It is a MainBoard IPO which filed its Draft Red Herring Prospectus (DRHP) on 13th July 2023.
Credo Brands Marketing (Mufti) IPO open date is 19th December 2023 and close date is 21st December 2023. IPO Allotment Date is 22nd December 2023 and Listing date is 27th December 2023.
IPO
Size:
₹ 549.78 Cr.
Avg IPO Size (Sector Based)
: ₹
593.05 cr.
Sector: Textiles
IPO so far:
25
Merchant Banker:
Keynote Financial
IPO by BRLM so far:
17
City:
Mumbai
IPO so far:
184
Revenue (annualised):
₹
477.72
cr. 
PE
Ratio:
4.49x
Average Sector PE Ratio: 13.10x
Credo Brands Marketing (Mufti) IPO size is ₹ 549.78 Cr. with IPO price of ₹ 280.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Keynote Financial Services Limited is the book-running lead manager of the Credo Brands Marketing (Mufti) IPO. Link Intime India Private Limited is the Registrar for Credo Brands Marketing (Mufti) IPO.
Credo Brands Marketing (Mufti) IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Credo Brands Marketing (Mufti) IPO, based in Mumbai, operates in the Textiles sector with a focus on business of providing wardrobe solutions for textile for mufti brand. The company is launching its MainBoard IPO on the BSE,NSE exchange, using the Book Building Issue method. Credo Brands Marketing (Mufti) IPO size is ₹ 549.78 Cr. with fresh issue size of ₹ 549.78 Cr. and Offer for sale being ₹ Nil
The IPO allotment date for Credo Brands Marketing (Mufti) IPO is expected to be 22nd December 2023, after the finalization of basis of allotment. Investors can check Credo Brands Marketing (Mufti) IPO allotment status on the registrars website, Link Intime India Private Limited . Credo Brands Marketing (Mufti) IPO refund dates are 26th December 2023.
Credo Brands Marketing (Mufti) IPO is expected to be listed on 27th December 2023.
The upper price band for the Credo Brands Marketing (Mufti) IPO is set at ₹ 280.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on Credo Brands Marketing (Mufti) IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the Credo Brands Marketing (Mufti) IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 21st December 2023. After submission, funds are blocked until the basis of allotment of Credo Brands Marketing (Mufti) IPO is finalised.
The merchant banker for Credo Brands Marketing (Mufti) IPO is Keynote Financial Services Limited , Dam Capital Advisors Limited (Formerly Idfc Securities Limited) , ICICI Securities Limited . Keynote Financial Services Limited , Dam Capital Advisors Limited (Formerly Idfc Securities Limited) , ICICI Securities Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Credo Brands Marketing (Mufti) IPO RHP for further details.
The registrar for Credo Brands Marketing (Mufti) IPO is Link Intime India Private Limited . Investors can go to Link Intime India Private Limited registrar website for IPO allotment status, refund processing, and other queries related to Credo Brands Marketing (Mufti) IPO through their official website or helpline.
Credo Brands Marketing (Mufti) IPO was subscribed 51.85 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
IPO
Size:
₹ 549.78 Cr.
Avg IPO Size (Sector Based)
:
₹ 593.05 Cr.
Sector: Textiles
IPO so far:
25
Merchant Banker:
Keynote Financial
IPO by BRLM so far:
17
City:
Mumbai
IPO so far:
184
Revenue (annualised):
₹ 473.96 cr.
PE
Ratio:
4.49x
Average Sector PE Ratio: 13.10x
Credo Brands Marketing (Mufti) IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Credo Brands Marketing (Mufti) Financial Review Page
Merchant Banker(s) of Credo Brands Marketing (Mufti) IPO: Keynote Financial Services Limited , Dam Capital Advisors Limited (Formerly Idfc Securities Limited) , ICICI Securities Limited
Credo Brands Marketing (Mufti) IPO subscription was 51.85 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
Credo Brands Marketing (Mufti) IPO listed at a listing price of 312.50 against the offer price of 280.00.
The current market price of Credo Brands Marketing (Mufti) is 179.71.
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