Credo Brands Marketing IPO Subscription Details

Bookbuilding IPO | ₹550 Cr | Listed at BSE, NSE | Tue, Dec 19, 2023 - Thu, Dec 21, 2023

Basis of Allotment - Credo Brands Marketing IPO

Category QIB NII Retail Total
Ex. Anchor Anchor Investor Total QIB Below ₹10L Above ₹10L Total NII
Allocation (No. of shares)39,26,99258,90,48898,17,4809,81,74819,63,49629,45,24468,72,2361,96,34,960
Allotment price (Rs.)280280280280280280280280
No.of applications85119669,55827,13896,69621,59,97722,56,769
No.of shares applied41,96,67,72763,21,73442,59,89,4615,37,19,58110,02,24,27215,39,43,85313,37,79,73871,37,13,052
Amount collected (Rs.cr.)11,750.70 177.01 11,927.70 1,504.15 2,806.28 4,310.43 3,745.83 19,983.97
No.of times subscribed106.871.0743.3954.7251.0452.2719.4736.35
No.of shares allotted39,26,99258,90,48898,17,4809,81,74819,63,49629,45,24468,72,2361,96,34,960
Amount (Rs.cr.)109.96 164.93 274.89 27.49 54.98 82.47 192.42 549.78
No.of allottees8511961,3232,6463,9691,29,6641,33,729

IPO Shares Offered

Credo Brands Marketing IPO is a public issue of 1.96 Cr equity shares. The issue offers 0.69 Cr shares to retail investors, 0.98 Cr shares to qualified institutional buyers, and 0.29 Cr shares to non-institutional investors.

CategoryShares OfferedAmt (₹ Cr.)Size (%)
QIB 98,17,480274.89 50.00%
    Anchor 58,90,488 164.93 30.00%
    QIB (Ex Anchor) 39,26,992 109.96 20.00%
NII 29,45,24482.47 15.00%
    bNII (> ₹10L)19,63,49654.98 10.00%
    sNII (< ₹10L)9,81,74827.49 5.00%
Retail68,72,236192.42 35.00%
Total1,96,34,960549.78 100%

Credo Brands Marketing IPO Anchor Investor Allocation

A total of 58,90,488 shares at a price of Rs 280 per share will be allotted to the anchor investors.

Anchor investors bid opening dateDec 18, 2023
Anchor investor price₹280.00
Anchor investors as % of QIBs60.00%
No. of shares locked-in for 30 days29,45,244
No. of shares locked-in for 90 days29,45,244
S.No.Anchor InvestorGroup EntityNo. of Shares AllottedAmount (Rs.cr.)% Allotment within Anchor Investor Portion% Allotment of Issue
1 NIPPON INDIA SMALL CAP FUND NIPPON INDIA MUTUAL FUND 15,00,006 42.00 25.46 7.64
2 HSBC CONSUMPTION FUND HSBC MUTUAL FUND 7,14,334 20.00 12.13 3.64
3 ADITYA BIRLA SUN LIFE INSURANCE CO.LTD. ADITYA BIRLA SUN LIFE INSURANCE 7,14,334 20.00 12.13 3.64
4 KOTAK MAHINDRA LIFE INSURANCE CO.LTD. KOTAK LIFE INSURANCE 5,35,724 15.00 9.09 2.73
5 BAJAJ ALLIANZ LIFE INSURANCE CO.LTD. BAJAJ ALLIANZ LIFE INSURANCE 5,35,724 15.00 9.09 2.73
6 INTEGRATED CORE STRATEGIES (ASIA) PTE.LTD. INTEGRATED CORE 4,46,472 12.50 7.58 2.27
7 MORGAN STANLEY ASIA (SINGAPORE) PTE.-ODI MORGAN STANLEY 4,46,472 12.50 7.58 2.27
8 SBI GENERAL INSURANCE CO.LTD. SBI GENERAL INSURANCE 3,20,549 8.98 5.44 1.63
9 JM MIDCAP FUND JM FINANCIAL MUTUAL FUND 2,84,827 7.98 4.84 1.45
10 SUBHKAM VENTURES (I) PVT.LTD. SUBHKAM VENTURES 2,13,436 5.98 3.62 1.09
11 RELIANCE GENERAL INSURANCE CO.LTD. RELIANCE GENERAL INSURANCE 1,78,610 5.00 3.03 0.91
58,90,488164.9310030.00

IPO Subscription FAQs

The Credo Brands Marketing IPO is subscribed 51.85 times by Dec 21, 2023 19:02.

Credo Brands Marketing IPO Subscription

Investor Category Subscription (times)
Qualified Institutional104.95
Non Institutional55.52
Retail Individual19.94
Total Subscription51.85

Retail category of Credo Brands Marketing IPO subscribed 19.94 times as of date Dec 21, 2023 19:02. The public issue closes on Thu, Dec 21, 2023 for bidding.

An investor can apply in Credo Brands Marketing IPO online via bank (using ASBA) or the broker (using UPI). The Credo Brands Marketing IPO shares are offered online only.

The Credo Brands Marketing IPO is subscribed 51.85 times by Dec 21, 2023 19:02.

The Credo Brands Marketing IPO allotment status is expected on or around Friday, December 22, 2023. Visit Credo Brands Marketing IPO allotment status to check.

The Credo Brands Marketing IPO listing date is December 27, 2023. The equity share of Credo Brands Marketing IPO will list on BSE, NSE.

Visit Credo Brands Marketing IPO subscription status page for real-time bidding information about Credo Brands Marketing IPO.

Credo Brands Marketing IPO Timetable

IPO opens OnTuesday, December 19, 2023
IPO Closes OnThursday, December 21, 2023
Finalisation of Basis of AllotmentFriday, December 22, 2023
Initiation of RefundsTuesday, December 26, 2023
Credit of Shares to Demat AccountTuesday, December 26, 2023
IPO Listing DateWednesday, December 27, 2023
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