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Credo Brands Marketing Ltd.
Issue Open Date 19-Dec-23  
Issue Closing Date 21-Dec-23  
Application Money 100  
Allotment Money  
Price Band 266 - 280  
Minimium Application No. 53  
Issue Size (Shares) 19634960  
Market Lot 1  
Objective
(i) achieve the benefits of listing the Equity Shares on the Stock Exchanges; and (ii) carry out the Offer for Sale of 19,634,960* Equity Shares of face value of ? 2 each, aggregating to ? 5,497.79* million, by the SellingShareholders.
Category No. of Shares No. of Shares Subscription Ratio
  Offered / Reserved Bid For  
Non-Institutional Investors   2945244   163507809   55.5158788202268  
Qualified Institutional Buyers   3926992   412137752   104.949985128567  
Retail Individual Investors   3926992   412137752   104.949985128567  
Business Description
We believe in providing a meaningful wardrobe solution for multiple occasions in a customer’s life, with our product offeringsranging from shirts to t- shirts to jeans to chinos, which caters to all year-round clothing. Our products are designed to providea yo
Promoter's Holding
Total Share Capital   44252800  
Offered to Public   19634960  
Promoter's Holding (Pre-Issue)   66.66  
Promoter's Holding (Post-Issue)   53.66  
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Address
B 8
M I D C Central Road
Marol
Next To M I D C Police Station
Andheri (East)
Mumbai ,
Maharashtra ,
400093
Phone : 022 61417200
Email : richard@mufti.in
Website : www.credobrands.in
Registrar
Link Intime India Pvt Ltd.
C 101
247 Park
L B S Marg
Vikhroli (West)
Mumbai
Listed at
BSE, NSE
Lead Manager
Dam Capital Advisors Ltd. (Formerly IDFC Securities Ltd.)
ICICI Securities Ltd
Keynote Financial Services Ltd.
Promoters
kamal Khushlani
Poonam Khushlani
 
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