ListedMainboardMUFTI

Credo Brands Marketing Limited

Credo Brands Marketing Limited is a mainboard IPO raising ₹550 Cr at ₹266 – ₹280 a share. It listed on 27 Dec 2023 and trades at ₹81 today, −71.1% against its issue price of ₹280. It was subscribed 52× in total.

280
Issue price
81
Price now
−71.1%
Since issue price
27 Dec 2023
Listed on
52×Subscribed (final) · all exchanges

51.9 times more demand than shares on offer

populated partly populated we hold nothing here — the tab says why

Who bid for it

Investor categoryShares offeredShares bid forSubscribed
QIB
Banks, funds and other large institutions
39,26,99241,21,37,752105×
Foreign Institutional Investorsno separate quota11,10,52,278n/a
Domestic Financial Institutionsno separate quota25,77,65,924n/a
Mutual fundsno separate quota44,68,483n/a
Othersno separate quota3,88,51,067n/a
Non-institutional
Wealthy individuals and companies bidding above ₹2 lakh
29,45,24416,35,07,80956×
Non Institutional Investors19,63,49610,94,16,75156×
Corporatesno separate quota16,89,322n/a
Individualsno separate quota9,81,75,981n/a
Othersno separate quota95,51,448n/a
Non Institutional Investors9,81,7485,40,91,05855×
Corporatesno separate quota2,10,569n/a
Individualsno separate quota4,76,60,939n/a
Othersno separate quota62,18,066n/a
Retail
Ordinary investors bidding up to ₹2 lakh
68,72,23613,70,58,21220×
Cut Offno separate quota11,88,14,605n/a
Price bidsno separate quota1,82,43,925n/a
Total1,37,44,47271,27,03,77352×

Sub-categories read no separate quota rather than a dash: the exchange publishes bids at that level but never a reservation against them, so a subscription multiple does not exist — it is not missing data. Bids across both exchanges (NSE and BSE) — the figure usually quoted publicly. Last updated 25 Jul, 07:03 pm IST.

How demand built

We hold no subscription readings for this issue.