Credo Brands (Mufti Jeans) IPO: A Comprehensive Guide to Allotment Status

Credo Brands (Mufti Jeans) made a resounding entry into the market in 2022 with its Initial Public Offering (IPO), becoming a prominent player in the mid-premium and premium segments of men’s casual wear in India. From stylish shirts to trendy T-shirts, and from classic jeans to contemporary chinos, Mufti Jeans has emerged as the go-to brand for those seeking fashionable yet comfortable attire.

Overview of Credo Brands (Mufti Jeans) IPO

The IPO, launched on December 19, 2023, marked a significant milestone in the brand’s journey. With a closing date on December 21, 2023, the IPO garnered substantial attention with an issue size of ₹550 Crores and a price band set between ₹266 to ₹280 per share. Investors eagerly awaited the allotment date, which was scheduled for December 22, 2023.

Key Dates and Processes

• Allotment Date: December 22, 2023
• Refund Process Commencement: December 26, 2023
• Credit to Demat Account: December 26, 2023
• Listing Date: December 27, 2023

How to Check Allotment Status

Investors keen on knowing their allotment status can follow these steps on different platforms:

On Link Intime:

1. Log in to the Allotment Status page.
2. Select “Credo Brands (Mufti Jeans) IPO” from the list.
3. Choose one of the options – PAN Number, Application Number, or DP ID.
4. Click on the search option.
5. View the allotment status.

On BSE:

1. Visit the official BSE website.
2. Select “Equity” under Issue Type.
3. Choose the Mufti Jeans IPO from the dropdown menu.
4. Enter PAN Number or Application Number.
5. Confirm you are not a robot and submit.

On NSE:

1. Go to the official NSE website.
2. Click on “Sign Up” to register with PAN.
3. Enter your username, password, and Captcha code.
4. Check the allotment status.

Frequently Asked Questions (FAQs):

1. What is the allotment date for Credo Brands (Mufti Jeans) IPO?
   • The allotment date is December 22, 2023.
2. When is the refund date for Credo Brands (Mufti Jeans) IPO?
   • The refund process starts on December 26, 2023.
3. When will Credo Brands (Mufti Jeans) IPO be listed on the stock exchange?
   • The IPO will be listed on both BSE and NSE on December 27, 2023.

Investors can anticipate the stock’s market performance and stay informed about the IPO journey of Credo Brands (Mufti Jeans) through this detailed guide.