Credo Brands (Mufti Jeans) IPO is to open on December 19. The company is to raise ₹550 crores via IPO. Mufti Jeans is among 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. They believe in providing a meaningful wardrobe solution for multiple occasions in a customer’s life, with their product offerings ranging from shirts to t-shirts to jeans to chinos, which cater to all year-round clothing. The company reported revenue of ₹509.32 crores in 2023 against revenues of ₹354.83 crores in 2022. The IPO price band is fixed at ₹266 to ₹280 Per Equity Share. The Credo Brands (Mufti Jeans) IPO to list on BSE and NSE.
What is Credo Brands (Mufti Jeans) IPO GMP Today?
The Credo Brands (Mufti Jeans) IPO GMP aka Grey Market Premium is ₹100.
What is Credo Brands (Mufti Jeans) IPO Kostak Rates Today?
The Credo Brands (Mufti Jeans) IPO Kostak Rate is ₹-.
What is Credo Brands (Mufti Jeans) IPO Subject to Sauda Price Today?
The Credo Brands (Mufti Jeans) IPO subject to sauda rates is ₹3,000.
Credo Brands (Mufti Jeans) IPO Expected Returns?
The Credo Brands (Mufti Jeans) expected return is 36%.
Credo Brands (Mufti Jeans) IPO GMP Live Rates day by day with Kotak rates.
| Date | GMP | Kostak | Subject to |
| Today | ₹100 | ₹- | ₹3,000 |
| 26 December | ₹100 | ₹- | ₹3,500 |
| 25 December | ₹125 | ₹- | ₹5,000 |
| 22 December | ₹125 | ₹- | ₹5,000 |
| 21 December | ₹125 | ₹- | ₹5,000 |
| 19 December | ₹125 | ₹- | ₹5,000 |
| 18 December | ₹125 | ₹- | ₹5,000 |
| 17 December | ₹125 | ₹- | ₹5,000 |
| 15 December | ₹- | ₹- | ₹- |
| 14 December | ₹- | ₹- | ₹- |
Credo Brands (Mufti Jeans) IPO GMP aka Grey Market Premium FAQs:
What is Credo Brands (Mufti Jeans) IPO GMP Today?
Credo Brands (Mufti Jeans) IPO GMP is ₹100 as of today.
What is Credo Brands (Mufti Jeans) IPO Kostak Rate Today?
Credo Brands (Mufti Jeans) IPO Kostak Rate is ₹- as of today.
What is Credo Brands (Mufti Jeans) IPO Subject to Sauda Today?
Credo Brands (Mufti Jeans) IPO Subject to Sauda is ₹3,000 as of today.
What is Credo Brands (Mufti Jeans) IPO Expected Returns?
Credo Brands (Mufti Jeans) IPO Expected Returns is 36%.
Disclaimer:
- IPO Grey Market Premium (Credo Brands (Mufti Jeans) IPO GMP) mention is valid for the specific date as mentioned in the header.
- We are not buying and selling IPO forms on IPO Grey Market.
- Kostak Rate is the premium one gets by selling his/her IPO application (in an off-market transaction) to someone else even before allotment or listing of the issue.
- Do not subscribe for IPO by just seeing the premium Price as it may change anytime before listing. Subscribe only considering the fundamentals of the companies.
