Mufti Jeans Maker Credo Brands’ Rs 550-cr IPO To Open On Dec 19
At the lower and the upper end of the price band, the IPO is expected to fetch Rs 522 crore and Rs 550 crore respectively.The maiden public issue will open for subscription on December 19 and conclude on December 21, the company announced.Credo Brands Marketing Ltd, which owns denim brand Mufti, on Thursday fixed the price band at Rs 266-280 a share for its Rs 550-crore initial public offering (IPO).The maiden public issue will open for subscription on December 19 and conclude on December 21, the company announced.The company’s issue is entirely an offer for sale (OFS) of up to 1.96 crore shares by promoters and other existing shareholders. Credo Brands Marketing is among the leading homegrown brands in the mid-premium and premium casual men’s wear market in the country.At the lower and t...