Credo Brands Marketing Limited IPO Message Board (Page 10)

Applied 2 BHNI,2 SHNI, 1 Retail

Applied FF Happy Forging, Mufti and RBZ!

Block/unblock se thak gaya, want to pay new game with RBZ!

​@Krishna T ✨ 
गुरु देवो भव:,
आपका भूरे भूरे शब्दों में हार्दिक धन्यवाद ...🙏😅

Happy Forging 4 sHNI and Mufti 4 retail.

*HAPPY FORGINGS*

Approx break up applications : @4.00pm
As per NSE average

HNI above 10L - ~65,849(13.21x)

HNI 2-10L ~1,18,258(47.44x)

Retails - ~30,59,642(12.52x)

*RBZ JEWELLERS*

Approx break up applications : @4.00pm
As per NSE average

HNI above 10L - ~1,202(1.26x)

HNI 2-10L ~6,289(13.21x)

Retails - ~4,86,014(20.83x)

*CREDO BRANDS*

Approx break up applications : @4.00pm
As per NSE average

HNI above 10L - ~29,556(11.17x)

HNI 2-10L ~68,789(51.99x)

Retails - ~21,96,506(16.94x)

What is the cut-off time for HNI bid via ASBA? In icici and indusind unable to apply HNI bid now.

3 pm

@ Sonmayaji Please share Appvise subscription Breakup

Those who are applying, react here.
👍

Applied
1 Bhni
3 Shni
3 retail applications

9 retails in HAPPY.
7 bHNI in MUFTI.

Mufti Menswear IPO,
8 Retail apps

Mufti Menswear IPO,
1 Retail allotment

Why still QIB silent in mufti but in Happy sound great???

Happy better company than Mufti

Is there any chance of negative listening as corona cases increasing too creating negative sentiment

No chance.

No

i am not able to find CREDO in AXIS bank ? anyone facing this issue ?

Search for Mufti, both are same.
🙏

Applied 6 Retail

yesbank net banking not working

what is cutoff time in axis bank to apply IPO

AAO AAO AAO QIB

Dekho dekho woh aagaya 😂

Oye kaun hai woh ? Piche dekho piche .Picchee toh Dekho 🤣🤣
bhot dur hai ...abhi nahi aaye..

Is there any chance of negative listing ?
And what are the chances of allotment IN SHNI this is my first time I applied one lot in shni for all Azad credo and happy forgings. ANY SENIOR MEMBER CAN GUIDE.

.THANKS NEWGEN SIR FOR YOUR SUGGESTION..🙏🙏🙏

🙏

FINAL VERDICT

APPLY For Good Listing Gains

Can expect 40% gains here

Let's calculate Fair Price :

There is a Seasonality in the company
And The 2nd Half constitutes nearly 60% Revenue and 70% profits

So on this maths
FY 24 Earnings comes at :
Revenue - 635 cr
PAT - 89 cr

So Considering it's exact Peers Kewal Kiran Clothing popularly known as KILLER Brand
Forward PE : 27.5

Fair M.cap for MUFTI : 2550 cr
So Price Per Share comes at 385

Considering 40% gains
Market Price comes at 390

So The IPO is fully Priced in

I was thinking about long-term but seeing valuations , Long-term scope is not visible
But Yes , I have taken Ideal Earnings ,
If company posts super earnings , we can see it in future

As of now apply for listing gains

Sir what do i do i am having 1 lot and current condition it is discount listing,,, do i hold or sell

Not even 1% listing gain in Bull market. How did you expect 40% gains ?

Expected BHNI Subscription ?

Current BHNI subscription is around 10X lesser in Credo than happy forging.
Happy forging BHNI 29X
Credo BHNI 19X
It means, Credo will give better chance of allocation.
So will it be advisable to apply BHNI application in Credo instead of happy forging as GMP is showing almost equivalent %wise in both cases.
Kindly suggest

​@M K Singh  Sir both are good company , if you have fund issue apply in Happy forging FF and retail in Credo.

🙏

Can i apply in both retail and hni from same pan card??

No..but if you do, both will be rejected..

Does anyone get BHNI through SBI ASBA??