IPO Price History
Closed
Credo Brands Marketing Limited logo

Credo Brands Marketing Limited IPO

Mainboard IPOListedMUFTINSE
Current Market Price (CMP)
₹63.57(-77.30%)
Current Price (CMP)
₹63.57(-77.30%)

Live Market Quote

Listing Price & Gain
₹282.35(+0.84%)

Day 1 Exchange Open

IPO Issue Price
₹280

Band: ₹266 - ₹280

Total Subscription
51.85x

Overall Bid Demand

Total Issue Size
—

Gross Public Offer

IPO Schedule & Key Dates

IPO Bidding Opens
19 Dec 2023
IPO Bidding Closes
21 Dec 2023
Allotment & Refunds
Completed
Exchange Listing Day
27 Dec 2023

IPO Subscription Status

Breakdown of institutional, high-net-worth, and retail bidding demand

Overall Demand: 51.85x
Investor CategorySubscriptionDemand Scale
Qualified Institutional Buyers (QIB)104.95x
Non-Institutional Investors (NII / HNI)55.52x
Retail Individual Investors (RII)19.94x
Total Subscription51.85x
Updated as on 21-Dec-2023 19:00:00

Listing Day & Return Performance

Listing Day Gain+0.84%
₹280 (Issue) → ₹282.35 (List)
Per share profit: +₹2.35
Holding Return (Till Date)-77.30%
₹280 (Issue) → ₹63.57 (CMP)
Net gain per share: ₹-216.43
Post-Listing Performance (Listing Day → Today):-77.49%

About Credo Brands Marketing Limited IPO

Credo Brands Marketing Limited is an Indian public offering categorized under the Mainboard segment. The public issue opened for bidding on 19 Dec 2023 and concluded on 21 Dec 2023, offering equity shares to institutional, non-institutional, and retail investors with an indicative price band of ₹266 - ₹280.

During the bidding window, Credo Brands Marketing Limited witnessed heavy demand with an overall subscription of 51.85 times. Institutional investors (QIB) subscribed 104.95x, non-institutional high-net-worth investors (NII) subscribed 55.52x, and retail individual investors (RII) bid 19.94x their reserved quota.

The equity shares of Credo Brands Marketing Limited officially debuted on the stock exchanges on 27 Dec 2023 at an opening listing price of ₹282.35, delivering a listing day return of +0.84% (premium) over the final issue price. As per the latest market data, the stock trades at ₹63.57, representing an overall decline of -77.30% since its IPO allotment.

Frequently Asked Questions

What was the issue price or price band of Credo Brands Marketing Limited IPO?
The issue price of Credo Brands Marketing Limited IPO was fixed at ₹280 per equity share. The indicative bidding price band was ₹266 - ₹280.
What were the open, close, and listing dates for Credo Brands Marketing Limited IPO?
Credo Brands Marketing Limited IPO opened on 19 Dec 2023, closed on 21 Dec 2023, listed on 27 Dec 2023.
How much was Credo Brands Marketing Limited IPO subscribed?
The IPO received an overall subscription of 51.85 times. Category-wise, QIBs subscribed 104.95x, NIIs subscribed 55.52x, and Retail investors subscribed 19.94x.
What was the listing price and listing gain of Credo Brands Marketing Limited IPO?
Credo Brands Marketing Limited IPO listed on the stock exchange at ₹282.35, delivering a listing gain of 0.84% compared to the IPO issue price of ₹280.
Is Credo Brands Marketing Limited IPO a Mainboard or SME IPO?
Credo Brands Marketing Limited IPO is a Mainboard IPO listed on the main exchange of NSE.
What is the current return of Credo Brands Marketing Limited IPO since its IPO?
At the latest market quote of ₹63.57, Credo Brands Marketing Limited IPO has generated an all-time return of -77.30% since its initial public offering.

Related Mainboard IPOs (2023)

INNOVACAP
Innova Captab Limited
₹448+0.92%
AZAD
Azad Engineering Limited
₹524+37.40%
RBZJEWEL
RBZ Jewellers Limited
₹1000.00%
HAPPYFORGE
Happy Forging Limited
₹850+17.65%