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Credo Brands Marketing IPO
₹312.20
+11.50% on listing
Listing-day close · NSE · 27 Dec 2023 · issue price ₹280
Credo Brands Marketing’s ₹550 crore IPO was priced at ₹280 a share. It listed on the NSE on 27 Dec 2023 and closed its first day at ₹312.20, up 11.50% on the issue price.
Timeline
- Opens
- Closes
- Allotment
- Refunds
- Shares in demat
- Listing
Issue details
- Issue size
- ₹550 Cr
- Fresh issue
- —
- Offer for sale
- ₹550 Cr
- Lot size
- 53 shares
- Minimum investment
- ₹14,840
- Face value
- ₹2
- Registrar
- MUFG Intime India
Subscription
| Category | Shares offered | Times subscribed |
|---|---|---|
| Total | — | 36.35× |
Overall, from the basis of allotment.
Financials and valuation
- Market cap (post-issue)
- ₹1,800 Cr
- P/E (post-issue)
- 23.2
- ROE
- 29.98%
- ROCE
- 28.16%
- Debt to equity
- 0.65
- PAT margin
- 15.56%
- Promoter holding
- 66.66% → 53.66%
From the offer documents.
Listing
- Listing date
- 27 Dec 2023
- Issue price
- ₹280
- Open
- ₹282.35
- High
- ₹324.80
- Low
- ₹261.60
- Close
- ₹312.20
Listing day on the NSE. The close was +11.50% on the issue price.
MUFTI share price todayFAQs
When did the Credo Brands Marketing IPO open and close?
It opened on 19 Dec 2023 and closed on 21 Dec 2023.
What was the Credo Brands Marketing IPO price?
The price band was ₹266–280 a share. The final issue price was ₹280.
What is the lot size and minimum investment?
One lot is 53 shares, ₹14,840 at ₹280 a share. Retail investors apply in whole lots.
How much did Credo Brands Marketing raise?
₹550 crore: ₹550 crore offered by existing shareholders.
How many times was the Credo Brands Marketing IPO subscribed?
36.35 times overall.
How did Credo Brands Marketing list?
It listed on the NSE on 27 Dec 2023 at ₹282.35 and closed the day at ₹312.20, up 11.50% on the ₹280 issue price.
Who is the registrar of the Credo Brands Marketing IPO?
MUFG Intime India handles the allotment, refunds and credit of shares.
For information only. Not investment advice or a research report.
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