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Credo Brands IPO Day 3: Should you buy? A look at GMP, subscription status and other details

The ₹550 crore initial public offering (IPO) of Mufti Menswear brand owner Credo Brands Marketing (CBML) opened for subscription on Tuesday, December 19, and will close today, December 21. The company has a price band of ₹266-280 per share for the issue.

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Mufti Jeans maker Credo Brands Marketing IPO opens on Dec 19, with only OFS component

Credo Brands Marketing IPO: The maiden public issue comprises only an OFS of 1.96 crore equity shares by the existing shareholders, and there is no fresh issue component by the company

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credo brands marketing ipo: Mufti-owner Credo Brands Marketing gets SEBI nod to raise funds via IPO

Credo Brands Marketing is one of the largest homegrown brands in the mid-premium and premium men s casual wear market in India in terms of market share in Fiscal 2022.

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MUFTI Owner Credo Brands Marketing Gets Sebi Nod For IPO

MUFTI Owner Credo Brands Marketing Gets Sebi Nod For IPO
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Credo Brands Marketing, RBZ Jewellers get Sebi nod for IPO plans

The Sebi has issued observation letter on the draft papers filed by Credo and RBZ, on October 6 and September 28, respectively. In Sebi s parlance, obtaining observation means the company can start the IPO launch process.

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