Credo Brands IPO Listing Highlights: Muted debut! Share list at premium of 0.84% on NSE
Mufti jeans maker Credo Brands IPO Listing Highlights, Credo Brands Share Price NSE, BSE: Zee Business Managing Editor Anil Singhvi advised investors to apply for good listing gains.
Mufti jeans maker Credo Brands IPO Listing Highlights, Credo Brands Share Price NSE, BSE: Shares of Mufti jeans maker Credo Brands made a flat debut on the Dalal Stree on Wednesday. The stock was listed at Rs 282 on the BSE. This is a premium of around 0.71 per cent against its issue price of Rs 280 apiece. On the National Stock Exchange (NSE), it is listed at Rs 282.35 per share i.e. at a premium of Rs 0.84 per cent.
Follow Zee Business BLOG on Mufti jeans maker Credo Brands Shares Listing on NSE BSE for all the latest updates:
Latest Updates
Mufti jeans maker Credo Brands Listing Share Price NSE, BSE LIVE Updates: Price settles at 0.84% premium to issue price in pre-open market
In the pre-opening session, Mufti jeans maker Credo Brands shares settled at Rs 282.35 on the NSE, a premium of just 0.84 per cent to the issue price of Rs 280.
Mufti jeans maker Credo Brands Listing Share Price NSE, BSE LIVE Updates: Check Stoploss
Zee Business Managing Editor Anil Singhvi advised investors to apply for listing gains. He said that long-term investors can HOLD with stoploss of Rs 300.
Mufti jeans maker Credo Brands Listing Share Price NSE, BSE LIVE Updates: Listing Preview
Mufti jeans maker Credo Brands shares are expected to list in the Rs 325-350 range against the issue price of Rs 280.
Mufti jeans maker Credo Brands Listing Share Price NSE, BSE LIVE Updates: QIBs got subscribed staggering 104.95 times
The Qualified Institutional Buyers (QIBs) part got subscribed a staggering 104.95 times while the portion for non-institutional investors received 55.51 times subscription. The quota for Retail Individual Investors (RIIs) got subscribed 19.94 times.
Mufti jeans maker Credo Brands Listing Share Price NSE, BSE LIVE Updates: Received bids for 13,31,88,450 shares
The Initial Public Offering (IPO) got bids for 13,31,88,450 shares against 79,00,000 shares on offer, as per NSE data.
Mufti jeans maker Credo Brands Listing Share Price NSE, BSE LIVE Updates: Institutional buyers showed interest
Heavy demand from institutional buyers helped the share sale attract smart subscriptions on the closing day.
Mufti jeans maker Credo Brands Listing Share Price NSE, BSE LIVE Updates: Subscribed 51.85 times
Credo Brands IPO got subscribed 51.85 times on Thursday, the last day of subscription.
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