Credo Brands IPO listing LIVE updates: Share price at ₹282 despite strong GMP for Mufti Jeans-maker
- Credo Brands IPO listing LIVE updates: Check stock market updates on Mufti Jeans-maker issue listing.
Credo Brands IPO listing LIVE updates: Credo Brands, famous for its Indian denim brand Mufti Jeans, launched its IPO earlier this month and the listing date for the issue is today, December 27. The share listing will be done once the markets open after 9:15 am on Wednesday....Read More
Credo Brands IPO was launched on December 19, and closed on December 21. The entire issue was subscribed over 51 times on the closing date, with the share prices expected to be nearly 40 percent higher than the listing price.
Credo Brands is most famous for making Mufti Jeans in India, being one of the largest premium and mid-premium denim makers in the country. Mufti recently celebrated its 25th anniversary in India, showcasing its prominence in the country.
It is indicated by the GMP that the share prices of Credo Brands will give good returns to the subscriber. Here is all you need to know about the IPO listing details and GMP of the company.
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- 27 Dec 2023, 03:59:55 PM IST
Sensex crosses historic 72,000 mark for the first time
The Bombay Stock Exchange's 30-share index crossed the 72,000 mark for the first time, ending at 72,038. The historic feat was achieved 12 days after the Sensex had hit the 71,000 mark. Deep dive
- 27 Dec 2023, 03:24:05 PM IST
Credo Brands IPO listing LIVE: Sensex rallies by 753 points, Nifty above 21,500
Sensex rallying by 753.17 points at 72,054. NSE Nifty trading in green at 21,663 points ahead of closure.
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- 27 Dec 2023, 03:04:03 PM IST
Credo Brands IPO listing LIVE: Shares trading in green at ₹313.00
Credo Brands shares are currently trading at ₹313 on BSE. The shares had opened at ₹282 before hitting an all-time high of ₹324.
- 27 Dec 2023, 01:37:04 PM IST
Credo Brands IPO listing LIVE: Share price shows no growth
Despite the hopes put up high because of the grey market premium predictions, the share prices of Credo Brands shows now growth as markets approach closing time.
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- 27 Dec 2023, 01:05:23 PM IST
Credo Brands IPO listing LIVE: Nifty hits new high
Nifty has hit a new high on Wednesday crossing the 21,600 mark, but Credo Brands listing price didn't even touch 1 percent spike from its issue price.
- 27 Dec 2023, 12:24:29 PM IST
Credo Brands IPO listing LIVE: Markets likely to close on current price
According to current market trends, the share price for Credo Brands is expected to remain at ₹282 today.
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- 27 Dec 2023, 11:44:05 AM IST
Credo Brands IPO listing LIVE: Share price lower than GMP
Despite a strong GMP, the share price of Credo Brands has settled as just ₹282 on Wednesday.
- 27 Dec 2023, 11:23:35 AM IST
Credo Brands IPO listing LIVE: Minimal profits for subscribers
Subscribers have recorded a profit of just ₹2 per share after the listing day of Credo Brands.
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- 27 Dec 2023, 11:07:39 AM IST
Credo Brands IPO listing LIVE: Mufti Jeans underperforms
Mufti Jeans maker Credo Brands has underperformed on listing day, with its updates listing price being a little over ₹282.
- 27 Dec 2023, 10:41:22 AM IST
Credo Brands IPO listing LIVE: Muted debut on stock market
With the expected share price just 0.84 percent more than the issue price, Mufti Jeans is expected to have a soft debut on the stock market today.
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- 27 Dec 2023, 10:17:24 AM IST
Credo Brands IPO listing LIVE: Share price at ₹280
The share price of Credo Brands has been set at just 0.84 percent more than its issue price, at ₹280 per share.
- 27 Dec 2023, 09:51:38 AM IST
Credo Brands IPO listing LIVE updates: Share price around ₹350
According to Zee Business, the share price of Credo Brands on listing day is expected to be between ₹320 to ₹350.
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- 27 Dec 2023, 09:41:46 AM IST
Credo Brands IPO listing LIVE updates: Markets open, listing soon
The markets opened on Wednesday with both Nifty and Sensex slightly high, promising a strong listing for Credo Brands listing day.
- 27 Dec 2023, 09:15:52 AM IST
Credo Brands IPO listing LIVE updates: Subscription status
Mufti Jeans owner Credo Brands, on the closing of its issue, was subscribed 51.85 times.
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- 27 Dec 2023, 08:51:05 AM IST
Credo Brands IPO listing LIVE updates: GMP drop in last week
After the IPO closed, the GMP of Mufti Jeans brand was ₹145 at its peak, gradually dropping down to ₹80 after the issue closed.
- 27 Dec 2023, 08:38:19 AM IST
Credo Brands IPO listing LIVE updates: Predicted share price
The listing price of Credo Brands was ₹266 to ₹280. Calculating by the upper price band, the listing price is expected to be ₹360.
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- 27 Dec 2023, 08:20:12 AM IST
Credo Brands IPO listing LIVE updates: GMP on December 27
The grey market premium of Credo Brands is at ₹80, showing promise ahead of the listing of the initial public offering (IPO) share price.
- 27 Dec 2023, 08:16:04 AM IST
Credo Brands IPO listing LIVE updates: Listing of shares to start soon
The listing of shares for Credo Brands is expected to commence soon, once the share market opens at 9:15 am on Wednesday, December 27.
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