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CREDO BRANDS MARKETING LTD. IPO: All You Need To Know

CREDO BRANDS MARKETING LTD. IPO was launched on 19-Dec-23. Here is all you need to know about this IPO.

CREDO BRANDS MARKETING LTD. IPO Details
Issue Opening Date 19-Dec-23
Issue Closing Date 21-Dec-23
Issue Type ONLY OFFERS FOR SALE
Issue Size (INR bn) 5.5
Fresh Issue (No.of shares) -
Offer for Sale (No.of shares) 19,634,960
Face Value (INR) 2.00
IPO Price Band (INR) 266 to 280
Market Lot (No.of shares) 53
Min Order Quantity 53
Listing At BSE / NSE
Pricing Method BOOKBUILDING
Year of Incorporation 1999
Industry TEXTILES
Total Issue Size (No.of shares) 19,634,960
Objects Of Issue COMPANY WILL NOT RECEIVE ANY PROCEEDS FROM THE OFFER
Registrar Details LINK INTIME INDIA PVT.LTD.
CREDO BRANDS MARKETING LTD. IPO Timetable
Bid/Offer Launch Date 19-Dec-23
Bid/Offer Close Date 21-Dec-23
Basis of Allotment Finalization Date -
Initiation of Refunds -
Credit of Shares to Demat Account -
Listing Date 27-Dec-23
CREDO BRANDS MARKETING LTD. IPO Shares Offered
Category Shares Offered
QIB 9,817,480
HNI 2,945,244
Retail 6,872,236
Employee -
Others -
Total 19,634,960
CREDO BRANDS MARKETING LTD. IPO Promoter Holding
Pre Issue Share Holding 69%
Post Issue Share Holding 55%
CREDO BRANDS MARKETING LTD. Overall Subscription details (Times subscribed)
Category Subscription Status
QIB 43.39
HNI 52.27
Retail 19.47
Employee -
Others -
Total 36.35
CREDO BRANDS MARKETING LTD. Date wise Subscription
Date QIB HNI Retail Employee Mutual Funds Others Total
Day 1 (19-Dec-23) 0.01 2.06 3.29 - - - 1.76
Day 2 (20-Dec-23) 0.12 11.48 8.78 - 4.55 - 5.16
Day 3 (21-Dec-23) 109.28 55.52 19.94 - 22.76 - 36.60
CREDO BRANDS MARKETING LTD. Financials
Year Ending 31-Mar-21 31-Mar-22 31-Mar-23
Total Income (Rs m) 2,950.70 3,548.30 5,113.20
Total Expenditure (Rs m) 2,830.10 3,089.90 4,075.70
Net Profit After Tax (Rs m) 92.60 337.50 92.60
Company Address B-8,MIDC CENTRAL ROAD, MAROL,NEXT TO MIDC POLICE STATION, ANDHERI (E), MUMBAI 400093, MAHARASHTRA
CREDO BRANDS MARKETING LTD. IPO Prospectus
DRHP
RHP

Current & Recent IPOs  |  Upcoming IPOs  |  Performance of IPOs

Data Sourced from:

primedatabase.com is India's first and still the only database dedicated to the primary capital market. Started in 1989, Prime
continues to be the single source of comprehensive information on all capital market offerings.


Have A Question On CREDO BRANDS MARKETING LTD. IPO?

When CREDO BRANDS MARKETING LTD. IPO will open?

Below is the schedule for the same:

CREDO BRANDS MARKETING LTD. IPO

IPO opens on: 19-Dec-23

IPO closes on: 21-Dec-23

What is the lot size of CREDO BRANDS MARKETING LTD. IPO?

The lot size of CREDO BRANDS MARKETING LTD. IPO is 53 shares. Investors will need to apply for a minimum order of 53 shares and in multiples thereof.

How to apply for CREDO BRANDS MARKETING LTD. IPO?

An investor can apply in CREDO BRANDS MARKETING LTD. IPO online using either UPI or Application Supported by Blocked Amount (ASBA) as payment method.

While ASBA IPO application is available in the net banking section, UPI IPO application is offered by brokers who don't offer banking services.

When is CREDO BRANDS MARKETING LTD. IPO allotment?

The tentative finalization of basis of allotment for CREDO BRANDS MARKETING LTD. IPO will be done on -, and the allotted shares will be credited to your demat account by -.

When is CREDO BRANDS MARKETING LTD. IPO listing date?

The tentative listing date of CREDO BRANDS MARKETING LTD. IPO is scheduled for 27-Dec-23.

Where are the CREDO BRANDS MARKETING LTD. shares supposed to be listed?

Shares of CREDO BRANDS MARKETING LTD. are expected to list on BSE / NSE.

What is Face value of CREDO BRANDS MARKETING LTD. IPO?

At present, one share of CREDO BRANDS MARKETING LTD. has a face value of Rs 2.00.

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PLEASE NOTE:
The information in the web site has been compiled from sources we believe to to be reliable, but we do not hold ourselves responsible for its completeness or accuracy. This is not an offer to sell or a solicitation to buy any securities. Investors are advised to read the offer document before making an investment decision.