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

MUFTI Owner Credo Brands Marketing gets Sebi nod for IPO

MUFTI Owner Credo Brands Marketing gets Sebi nod for IPO
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Mufti brand jeans owner files draft papers with SEBI to raise funds via IPO

Credo Brands Marketing, owner of Mufti jeans brand, files draft papers for IPO; co plans to raise funds through OFS route

Credo Brands Marketing, the owner of Mufti denim jeans brand, has filed draft papers for its IPO. The OFS includes up to 1.96 crore shares by promoters and existing shareholders. Credo Brands Marketing is a leading player in the mid-premium and premium men's wear market in India with a wide retail presence. The company aims to raise funds through the IPO, with the equity shares proposed to be listed on the BSE and NSE. The firm posted strong financial performance, reporting increased revenue and net profit for the year. DAM Capital Advisors, ICICI Securities, and Keynote Financial Services are the appointed book-running lead managers for the IPO., Markets News, Times Now

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