Credo Brands (Mufti Jeans) IPO Listing: This IPO angered investors

Credo Brands (Mufti Jeans) IPO Listing :

Today marks the first day of trading for Credo Brands (Mufti Jeans). And this listing has enraged all of Dalal Street’s investors. Credo Brands (Mufti Jeans) shares debuted on the New York Stock Exchange today at a price of 282.35 per share.

When Credo Brands (Mufti Jeans) went public, one share cost 280 dollars. That means that investors who put money into this IPO made a profit of only 0.83%. Credo. Shares of Brands (Mufti Jeans) fell to 278.35 as soon as buying and selling began in the market.

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Credo Brands (Mufti Jeans) IPO Details

In terms of market share, Mufti Jeans is the largest indigenous brand in India’s mid-premium and premium men’s casual wear market in 2022. Mufti Jeans products, from shirts to T-shirts, jeans to chinos, are designed to keep you looking young and in line with current fashion trends.

Credo Brands’ (Mufti Jeans) initial public offering (IPO) began on December 19, 2023 and ended on December 21, 2023. The IPO of Credo Brands (Mufti Jeans) raised Rs 550 crore. And the price range for each share was Rs 266 to Rs 280. The IPO of Credo Brands (Mufti Jeans) has been scheduled for December 22, 2023. And today, December 27, 2023, this IPO was listed on the BSE and NSE stock exchanges.

Credo Brands (Mufti Jeans) IPO FAQs

1) What is the allotment date of Credo Brands (Mufti Jeans) IPO?

The allotment date of Credo Brands (Mufti Jeans) IPO is December 22, 2023.

2) What is the refund date of Credo Brands (Mufti Jeans) IPO?

The refund date of Credo Brands (Mufti Jeans) IPO is December 26, 2023.

3) When will the IPO of Credo Brands (Mufti Jeans) be listed on the stock exchange?

The IPO of Credo Brands (Mufti Jeans) will be listed on both BSE and NSE stock exchanges on December 27, 2023.

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