Credo Brands Marketing IPO opens today. GMP, review, other details. Should you apply?

livemint.com:

Credo Brands Marketing IPO: The initial public offering (IPO) of Credo Brands Marketing Limited has opened today and it will remain open till 21st December 2023 i.e. till Thursaday this week. This means, Credo Brands IPO date of subscription will remain open from Tuesday to Thursday this week.

The apparel company has fixed Credo Brands IPO price band at ₹266 to ₹280 per equity share. It aims to raise ₹549.78 crore from its initial offer. The public issue is proposed for listing on BSE and NSE.

Meanwhile, shares of Credo Brands Marketing Ltd are available for trade in unlisted market. According to stock market observers, Credo Brands Marketing shares are available at a premium of ₹126 in grey market today. IPOs today: 6 mainboard IPOs worth over ₹3,100 crore open for subscription Here we list out important Credo Brands Marketing IPO details: 1] Credo Brands IPO GMP: Shares of the company are available at a premium of ₹126 in grey market today, say market observers.

2] Credo Brands IPO price: The apparel company has fixed Credo Brands IPO price band at ₹266 to ₹280 per equity share. 3] Credo Brands IPO date: The public offer has opened today and it will remain open till 21st December 2023 i.e. till Thursday this week.

Also Read: DOMS IPO allotment declared: GMP, how to check application status online 4] Credo Brands IPO size: The company aims to raise ₹549.78 crore from this public issue out of which is completely OFS (offer for sale) in nature. 5] Credo Brands IPO lot size: A bidder will be able to apply in lots and one lot of the IPO comprises 53 company shares. 6] Credo Brands IPO allotment date: In the wake of T+3 listing rule, most likely date for share allocation is 22nd December 2023.