Credo Brands’ IPO will hit the market on 19 December 2023 and close on 21 December 2023. The Credo Brands IPO GMP Kostak rate and subject to sauda updated as of today. The Credo Brands IPO Grey Market Premium has started with high premium rates at this time, we need to wait for the rates to change with the market sentiment in a few days or to stabilize the rates. You can check Credo Brands IPO subscription status here.
Credo Brands Marketing Limited’s offerings range from shirts to t-shirts to jeans to chinos, which caters to all year-round clothing with its flagship brand “Mufti”. The company products are designed to provide a youthful appearance while keeping up with the ongoing fashion trends. The company is engaged in the retail sale of garments and accessories, and we do not manufacture any apparel.
Credo Brands IPO Issue size of ₹549.78 Crores, in which Offer For Sale of ₹549.78 Crores and issue price band has been fixed at ₹266 to ₹280 Per Share. The Credo Brands IPO is to be listed December 27, on NSE and BSE.
What is Credo Brands IPO GMP Today?
■ The Credo Brands IPO GMP Today Or Grey Market Premium is ₹104-₹105.
What is Credo Brands IPO Kostak Rates Today?
■ The Credo Brands IPO Kostak rate is ₹0.
What is Credo Brands IPO Subject to Sauda Price Today?
■ The Credo Brands IPO Subject to Sauda rates is ₹4200.
Credo Brands IPO Approximately Returns?
■ The Credo Brands IPO’s approximate return is 50%-55%, and it can also change according to the Market Sentiment.
Credo Brands IPO GMP Live, Kostak, & Subject :
| Date | GMP | Kostak | Subject |
| 26 Dec 2023 | Listed : ₹282.35 (0.84) Gain | ₹0 | ₹3200 |
| 25 Dec 2023 | ₹104-₹105  | ₹0 | ₹4200 |
| 24 Dec 2023 | ₹106-₹107  | ₹0 | ₹4300 |
| 23 Dec 2023 | ₹106-₹107 | ₹0 | ₹4300 |
| 22 Dec 2023 | ₹133-₹135 | ₹0 | ₹5400 |
| 21 Dec 2023 | ₹133-₹134 | ₹0 | ₹5400 |
| 20 Dec 2023 | ₹141-₹145 | ₹0 | ₹5800 |
| 19 Dec 2023 | ₹141-₹145  | ₹0 | ₹5800 |
| 18 Dec 2023 | ₹135-₹136 | ₹0 | ₹5500 |
| 17 Dec 2023 | ₹122-₹121 | ₹0 | ₹4800 |
| 16 Dec 2023 | ₹122-₹121 | ₹0 | ₹4800 |
| 15 Dec 2023 | ₹122-₹123 | ₹0 | ₹5000 |
| 14 Dec 2023 | ₹0-₹0 | ₹0 | ₹0 |
IPO GMP Facts :
- The GMP is usually higher for IPOs of well-known companies with strong fundamentals.
- The GMP is also likely to be higher for IPOs that are heavily subscribed.
- It is important to do your own research before investing in an IPO, regardless of the GMP.
Credo Brands IPO GMP FAQs :
How Much is Credo Brands IPO GMP Today?
Credo Brands IPO GMP Today is ₹102-₹103.
What is Credo Brands IPO Kostak Rate?
Credo Brands IPO Kostak Rate is ₹0.
What is Credo Brands IPO Subject to Sauda?
Credo Brands IPO Subject to Deals is ₹4100.
What are Credo Brands IPO Approx Returns?
Credo Brands’ IPO approx Returns is 50%-55%, and it can also change according to the Market Sentiment.
IPO GMP Disclaimer :
- GMP is not an indicator of the final listing price: The GMP is just a reflection of the demand and supply of the IPO shares in the grey market. The final listing price will depend on a number of factors, including the overall market sentiment and the performance of the company in the post-IPO period.
- The GMP can be volatile: The GMP can fluctuate significantly in the days leading up to the IPO listing. This is due to the uncertainty surrounding the final listing price and the volatility of the stock market in general.
- There is no guarantee of profit: Even if the GMP is high, there is no guarantee that the IPO shares will list at a profit. The final listing price could be lower than the GMP, or the shares could even decline in value after listing.
- Investing in IPOs carries risks: IPOs are considered to be high-risk investments. There is always the possibility that the company could fail, or that the shares could be diluted in the future.
| Credo Brands IPO Details: Click Here Credo Brands IPO Subscription: Click Here Credo Brands IPO Allotment: Click Here Credo Brands IPO Listing: Click Here |
All Credo Brands IPO-related links are available here. If you want to know the details then click on the click here Link.
Disclaimer: STOCK MARKET INVESTMENTS ARE SUBJECT TO MARKET RISKS, READ ALL SCHEME-RELATED DOCUMENTS CAREFULLY BEFORE INVESTING.