Credo Brands Marketing Limited IPO Message Board (Page 2)

Sold 1 retail allotted lot at 322.Happy

Mufti Jeans ka 100 rs listing gain dekh ke aisa laga ki atlest 600-700 nikalta toah saste wala jeans aata local quality ka

mufti hain tu kya muft ka jeans batega

Perhaps the most surprising listing of the year. Not even 1% gain when one time GMP was strong at 45%. Don't even feel like crowing anymore.

Disclaimer: Not allotted here; allotted Muthoot Microfin, Happy.

​@Aaashishji, Muthoot and Suraj ka discount listing expected tha but Mufti mein sahi mein accident ho gaya. Even Happy Forgings is sturggling at 20% pop. Despite Nifty in green. Azad and Innova may see moderate listing as they will list solo.

@SOAMji, true but it wasn't an exceptional scrip. Still it gave 11% profit with a chance to exit.

​@Crow  Ji

Mujhe to muthoot me bhi discount listing ki umeed nahi thi

I thought it will list at par or around 10% gain

But listed in discount and bought from market

I think it will give a solid 25-30% return once fy24 results are out

Upper circuit coming. Just hold on guyzzz…..

Dekho bhailog dekho.

Upper Circuit araha hai

Rejected twice around 325

Kya karna chahiye ? Should I hold for 350 ?

Hello, what is reason behin these type of disappointing listings in various IPOs ? Thanks

जो नई फसल पैदा हुई है ,उसे ओपरेटर और प्रमोटर मिल कर काट रहे हैं।
प्रमोटर के सारे ताम झाम से ज्यादा OFS जो दो रूपये का नही,200 करोड OFS,
जब प्रमोटर कहे मेरे चश्मे से सिर्फ पैसा दिखाई देता है , तो समझ लो उसने जो खिंचना था खिंच लिया अब तुम जानो तुम्हारा काम,इस दुनिया मे टाटा जैसे कम लोग है,जो नाम के लिए जीते हैं,
अनिल सिंघवी जब कहे लोंग टर्म, होशियार हो जाना चाहिए

सही कह रहे हैं आप मित्तल साहब !!

SOLD alloted SHNI @318.20..
Profit of rs.28000/-💥
Not bad at all...

I applied for 4 shni and didn't got allotment. Today I bought 800 shares at Rs 275 and sold at Rs 315.
Profit of rs 32000

Good.. Profit mubarak ho bandhu.. 🎄

Is grey settled at listing price or the grey operator gives price of his choice? Can the grey operator ask to hold shares for few days? I have never participated in grey market nor I have any such plan

Khela ho Gaya!!!

इसमें खेला हो गया pre open के गब्बारों के साथ😀

look at volume it crosses more than issue qty.

Can wait for a base formation followed by a breakout to enter. This kinda listing gives upside potential at a later stage.

Enjoy the breakout folks...

In Kotak Neo app Portfolio shows newly allotted credo brands 742 shares but no update on LTP
elsewhere Mufti is shown in trading which is the same script
How to sell portfolio stock
Will it be treated short sell if I sell under MUFTI

Has anyone sold through KOTAK NEO APP

In Kotak Neo App, You can sell it under Mufti, if it's in your portfolio with other name.

🙏

Why CNC to MIS is blocked in this stock in Zerodha?

Entered at today's 1st 15min high breakout @287, small trading qty.

boom, 10% done. happily exited without allotment.

bought 100@266
CMP 294
hold or sell?

You can hold with 296 stoploss

No doubt about disappointing listing, I feel reason behind GMP decaying is Multiple IPO's at same time, because of that Grey market dealers had to be very choosy and they picked others rather than this fashion brand.
now still if you look at its peers , Arvind Fashion, KPR Mill, Vedant Fashions, Go Fashion and more, you will find Industry avg pe is nearly 35-40
while CREDO PE is 24 only
So if you hold it surely will given very decent profit...
Target 1 - 350, Target 2- 400 in views...
Still dont consider this message as buying advise. Do your own research. :)

I am persoanlly holding 1 Allotted retail lot with target price of 360 (PEx30)

100X QIB is also not a guaranty that the stock will not slip below issue price.

So it seems from next time any recommendation on the hype of GMP & social media rumours won't be seen anymore here.

Innova captab can be the next trigger of this type of listing.
Let's see on listing day. Till then all the best for allotment.

All prediction giver for listing day strategy are vanished same as gmp.

Then I will sink

Jo toofan khatam hone ka intezar karte hai!!!
Wahi manzil ko pate hai!!
Be happy, discount listing is part of investor life!