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    IPO Note | Closed

    Credo Brands Marketing Ltd IPO

    Minimum Investment

    Retail Investor can invest upto Rs 0 in IPO
    discount-img

    Retail Discount

    %
    date-image

    Open Date

    19-Dec-23
    date-image

    Close Date

    21-Dec-23
    application-img

    Application Timing

    IPO Details

    • Min Order Quantity
      53
    • Price Range
      ₹280-0
    • Issue Size
      ₹549.78
    • Face Value
      ₹2
    • Listing at
      BSE
    • IPO Doc
      DRHP PDFpdf - img

    Be an early investor

    Your favourite company is going public? Be the first in line at the IPO price

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    PS: It will just take 2 minutes*!

    Open Demat Account Login

    Lead Manager


    DAM Capital Advisors Ltd

    About Company

    • registred-img
      Registered Office
      B-8 MIDC Central Road Marol,Nxt to MIDC Police Stn AnderiE,
      Mumbai,400093,Maharashtra
    • managing-img
      Managing Director

    IPO Schedule

    Offer Start

    19-Dec-23

    Offer End

    21-Dec-23

    Allotment Finalization

    Refund initiation

    Demat transfer

    Listing

    Key Objective

    Initial public offer of 19,634,960* equity shares of face value of Rs. 2 each ("Equity Shares") of Credo Brands Marketing Limited (the "Company" or "Issuer") for cash at a price of Rs. 280 per equity share (including a share premium of Rs. 278 per equity share) (the "Offer Price") aggregating to Rs. 549.78* crores ("Offer") comprising an offer for sale of 4,140,000* equity shares aggregating to Rs. 115.92* crores by Kamal Khushlani and 4,275,000* equity shares aggregating to Rs. 119.70* crores by Poonam Khushlani (together the "Promoter Selling Shareholders"), 108,000* equity shares aggregating to Rs. 3.02* crores by Sonakshi Khushlani and 108,000* equity shares aggregating to Rs. 3.02* crores by Andrew Khushlani (together the "Promoter Group Selling Shareholders"), 2,032,260* equity shares aggregating to Rs. 56.90* crores by Concept Communication Limited, 5,031,260* equity shares aggregating to Rs. 140.88* crores by Bela Properties Private Limited, 1,970,220* equity shares aggregating to Rs. 55.17* crores by Jay Milan Mehta and 1,970,220* equity shares aggregating to Rs. 55.17* crores by Sagar Milan Mehta (together the "Other Selling Shareholders" along with the promoter selling shareholders and promoter group selling shareholders is collectively reffered to as the "Selling Shareholders") ("Offer for Sale" and such equity shares, the "Offered Shares"). The offer constitutes 30.54% of the post-offer paid-up equity share capital of the company. The face value of the equity shares is Rs 2 each and the offer price is 140 times the face value of the equity shares. *Subject to finalization of the basis of allotment

    Financial Snapshot ()

    Financial Year Ended Revenue ( Crores) PAT ( Crores) EPS ()
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    How to apply for IPOs with Arihant Capital

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    Step 1

    Go to IPO Online page

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    Step 2

    Login using your “client code” or PAN and mobile number by verifying OTP.

    setp3

    Step 3

    Click on “Apply IPO” to enter your bid quantity and UPI id.

    setp3

    Step 4

    Go to your UPI application and approve the payment request.

    Viola! You have successfully applied to the IPO.

    FAQ

    The Bidding Process

    First time bidding for an IPO? This is all you need to know.

    Bidding online is one of the most efficient ways to subscribe to an IPO.

    • If you are an Arihant Customer, simply login using your client code and OTP.
    • Not an Arihant customer? No worries, apply using your PAN number.
    • Enter the bid quantity and approve the UPI payment mandate.
    • Your bid is complete!

    When the IPO shares are allotted, you will either get full or partial allotment from the bid you made.

    Sometimes, the IPO is oversubscribed, and you may not get any shares allotted to you. In such cases the full amount will be refunded to you.

    What do I need to apply for an IPO?

    To apply for an IPO,

    • It is necessary to have a demat account and a UPI ID.
    • Don’t have a demat account yet? Click here.
    • Your mobile number should be linked to your bank account.

    Applying for an IPO using UPI is super quick.

    Haven’t started using UPI yet? Open one using your bank or UPI applications like Google Pay, BHIM, PhonePe etc.

    Click here to learn how to create your UPI

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