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Credo Brands Marketing Limited IPO Subscription Status

📅Offer Date: 19 Dec 2023 – 21 Dec 2023

Minimum investment
₹14,84053 shares
View IPO details

Data sourced from BSE & NSE · Last updated

Total51.84x
QIB104.95x
NII55.50x
Retail19.91x

Credo Brands Marketing Limited IPO was subscribed 51.84x in total when bidding closed on 21 Dec 2023, with 104.95x in the QIB category, 55.50x in NII, 19.91x in retail. The issue ran from 19 Dec 2023 to 21 Dec 2023 at a price band of ₹266.00–₹280.00 per share.

QIB104.95xNII55.50xRetail19.91xTotal51.84x1×

Times subscribed by category against the 1× line.

20
≈ 1 in 20 retail allotment
low allotment chance

Based on retail subscription (19.91x). Final allotment decided by registrar's computerised lottery.

Subscription Details (No. of Shares)

CategoryOfferAppliedTimes
QIBs39,26,99241,21,37,810104.95x
NIIs29,45,24416,34,61,04255.50x
SNIIs (<10L)9,81,7485,40,55,04555.06x
BNIIs (>10L)19,63,49610,94,25,63255.73x
Retail68,72,23613,68,26,21919.91x
Total1,27,44,47266,06,73,42851.84x

Subscription in Crores (₹Cr)

CategoryOfferedDemandTimes
QIBs109.9611539.86104.95x
NIIs82.474576.9155.50x
Retail192.423831.1319.91x
Total384.8519947.9051.84x

Values derived from share count × issue price (₹280.00)

What this means for allotment & listing

Because Credo Brands Marketing Limited closed oversubscribed, allotment follows the applicable category and exchange rules. A high subscription figure reflects strong demand but does not guarantee a premium listing, and a low figure does not guarantee a discount. This page is for information only and is not investment advice.

BSE, NSE listed · Bidding data sourced from BSE & NSE under SEBI ICDR regulations.

Credo Brands Marketing Limited IPO subscription FAQs