Company Name | Credo Brands Marketing Limited |
Open Date | 19-12-2023 |
Close Date | 21-12-2023 |
Exchange | NSE, BSE |
Lot Size | 53 Shares |
Issue Price | ₹266 to ₹280 per share |
Issue Size | 1,96,34,960 shares |
Application Amount | Min. Inv. - ₹ 14,840 (53 shares) Max. Inv. – ₹ 1,92,920 (689 shares) |
Recommendation | Risk_Averse - Should Wait Risk_Seekers - Should Apply |
Credo Brands Marketing Limited was originally incorporated in the year 1999 and had its registered office in Mumbai, Maharashtra. The company offers casual clothing for men with its flagship brand “Mufti”. The company product offerings range from shirts to t-shirts to jeans to chinos, which caters to all year-round clothing. The company is engaged in the retail sale of garments and accessories, and do not manufacture any apparel. As of 30th September 2023, the Company had 224 employees on its payroll and the Company also engages 1,139 personnel on a contractual basis.
For the Period Ended | Mar-21 | Mar-22 | Mar-23 | Jun-23 |
Total Assets | 416.99 | 476.05 | 574.48 | 592.38 |
Net Assets | 192.33 | 235.73 | 281.35 | 289.88 |
Total Borrowings | 15.23 | 13.46 | 10.08 | 11.30 |
Total Revenue | 261.15 | 354.84 | 509.32 | 119.43 |
Profit After Tax | 3.44 | 35.74 | 77.51 | 8.58 |
Opening Date | 19/12/2023 |
Closing Date | 21-12-2023 |
Basis of Allotment | 22-12-2023 |
Initiation of Refunds | 26-12-2023 |
Credit of Shares to Demat | 26-12-2023 |
Listing Date | 27-12-2023 |
Achieve the benefits of listing the Equity Shares on the Stock Exchanges. |
Carry out the Offer for Sale of up to 19,634,960 Equity Shares. |
Registered Office | Credo Brands Marketing Limited - B-8, MIDC Central Road, Marol, Next to MIDC Police Station Andheri (E), Mumbai - 400093 |
Phone | +91 22 6141 7200 |
investorrelations@mufti.in | |
Website | https://www.credobrands.in/ |
Mufti Menswear IPO DRHP |
Mufti Menswear IPO RHP |
Name | Link Intime India Private Ltd |
Phone | +91-22-4918 6270 |
credobrands.ipo@linkintime.co.in | |
Website | https://linkintime.co.in/mipo/ipoallotment.html |
QIB | 20.00% |
NII | 15.00% |
RII | 35.00% |
Anchor investors | 30.00% |
Share Holding Pre Issue (Promoters) | 68.82% |
Share Holding Post Issue (Promoters) | 55.40% |