Credo Brands Marketing Ltd (MUFTI) is well known for its clothing line MUFTI. This is an alternative clothing brand that grew in popularity as India became more economically emancipated since the 1990s. MUFTI was founded more than three decades ago to divert Indian men’s attention away from the monotonous formal dress of pale blue and white shirts and dark slacks.
Credo Brands Marketing IPO (initial public offering) was purely an offer for sale (OFS), with no fresh issue component. The offer for sale (OFS) part of Credo Brands Marketing Ltd’s (MUFTI) IPO consisted of the sale of 1,96,34,960 shares (196.35 lakh shares approximately), resulting in an offer for sale (OFS) issue size of 549.78 crores at the upper price range of 280 per share.
Here’s how you can check the Credo Brands Marketing allotment status of Credo Brands Marketing IPO:
Step 1: Go to the BSE website.
Step 2: Choose ‘Equity’ and then the issue name from the selection menu.
Step 3: Enter your application number as well as your PAN card number and press ‘Search’.
You can also follow a similar procedure to check the Credo Brands Marketing allotment status on the Registrar’s website:
Step 1: Go to the Link Intime website.
Step 2: Select the IPO name which you want to check the status for.
Step 3: Input your PAN, application number, DP/Client ID, or account number/IFSC number and click on ‘Search’.
If the details are input correctly, the status will appear only after allotment. The equity shares are expected to be credited to successful investors’ demat accounts on December 26, 2023.
For almost 25 years, Credo Brands Marketing Limited, the engine behind the legendary Mufti menswear brand, has been defining Indian fashion. Mufti, the brand, embodies the essence of Mumbai, providing attractive and affordable casual wear for men with an expressive and youthful approach. Mufti has a considerable proportion of the premium and mid-premium menswear industry thanks to its excellent awareness of Indian preferences and trendsetting designs.
Mufti creates a community for its clients, honouring their uniqueness and inspiring them to be their most daring selves. Credo Brands is prepared to continue its fashion adventure, leaving its mark on the wardrobes and hearts of Indian men, with a passionate fanbase and a proven track record of growth.