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
Terms of the issue
The mechanics of what is being sold. Held for every issue we track.
Price band₹266 – ₹280
Cut-off price₹280
Issue size₹550 Cr
Shares per lot53
Minimum application₹14,840
Minimum quantity53
Face value₹10
Listing exchanges—
ISININE220Q01020
Bidding hours10:00 – 17:00 IST
Bidding window19 Dec 2023 – 21 Dec 2023
Not here yet
Valuation against the issuer's named peers, what the fresh money funds, and the anchor-investor allocation come from reading the prospectus, which we do for current and upcoming issues — historical issues will not gain them.