Credo Brands Marketing Limited
19 Dec 2023 – 21 Dec 2023
LISTED
Offer Price
₹266–280
Bid lot
53
Min Application
₹14,840
Issue Size
₹550 Cr
Key dates
Open date
19 Dec 2023
Done
Close date
21 Dec 2023
Done
Basis of allotment
—
TBA
Initiation of refunds
—
TBA
Credit to demat
—
TBA
Listing date
27 Dec 2023
Today
Issue reservation
₹550 CrQIB 50%Retail 35%
QIB
98.2 L sh · ₹275.00 Cr
Retail
68.8 L sh · ₹192.50 Cr
BRLM: DAM Capital Advisors Limited · ICICI Securities Limited · Keynote Financial Services Limited
Lot ladder — how much to bid
1 lot = 53 sharesRetail · Up to ₹2 L1–13 lots
Min · 1 lot
53 sh · ₹14,840
Max · 13 lots
689 sh · ₹1,92,920
S-HNI · ₹2 L to ₹10 L14–67 lots
Min · 14 lots
742 sh · ₹2,07,760
Max · 67 lots
3,551 sh · ₹9,94,280
B-HNI · Above ₹10 L68+ lots
Min · 68 lots
3,604 sh · ₹10,09,120
Entry point
₹10,09,120 onward
Issue details
Lead managersDAM Capital Advisors Limited, ICICI Securities Limited, Keynote Financial Services Limited
Face value₹10
Listing onNSE
RegistrarLink Intime India Private Limited
Live subscription
69.95×
0×1×2×3×+
Oversubscribed
Book₹467.50 Cr
Subscribed₹32,700 Cr
Applications—
Share-wise
by category| Category | Book Size | Subscription | No. of Times |
|---|---|---|---|
| QIB | 98,21,429₹275.00 Cr | 1,03,07,58,921₹28,861 Cr | 104.95× |
| HNI | 29,46,429₹82.50 Cr | 16,35,85,713₹4,580 Cr | 55.52× |
| Retail | 68,75,000₹192.50 Cr | 13,70,87,499₹3,838 Cr | 19.94× |
| Total | 1,66,96,429₹467.50 Cr | 1,16,78,46,420₹32,700 Cr | 69.95× |
*QIB Book Size is Gross — the anchor allocation is not on this record yet.
Subscription Demand
in ₹ crore| Category | Applied |
|---|---|
| QIB | 28,861.25 |
| HNI | 4,580.40 |
| Retail | 3,838.45 |
| Total | 32,699.70 |
Amounts at the upper band (₹280). Times figures are computed from the shares this page shows so Book × Times = Subscribed always cross-checks.
Grey-market sentiment
No grey-market data yet.
Documents
RHPOpen ↗
Filed with SEBI / the exchange by the issuer. Opens on the issuer's or the regulator's site.
How to apply
1Create your account & log inSign up on Investoyard and complete a quick KYC.
2Pick the IPO & tap ApplyOpen the live IPO and choose your investor category.
3Enter bid & quantityUp to 3 bids · cut-off or price band · retail cap ₹2,00,000.
4Approve the UPI mandateYou receive a fund-block request on your UPI app.
5DoneFunds stay blocked until allotment, then auto-debited (or released).
Frequently asked questions
What is the minimum investment in the Credo Brands Marketing Limited IPO?
One lot of 53 shares — ₹14,840 at the upper price band of ₹280.
How many bids can I place?
Up to 3 bids per application. Retail applications are capped at ₹2,00,000; above that you must apply in the HNI category.
When are the funds debited?
Funds are blocked via a UPI mandate at application and debited only on allotment. If shares are not allotted, the block is released automatically.
When will the shares list?
Tentative listing on 2023-12-27 on NSE.