Credo Brands Marketing Limited IPO Message Board (Page 3)

It was our folly to apply in these high priced IPO's when companies like Arvind fashions is priced so cheaply in the secondary market.
We should invest in good peers of companies being listed to avail the ruboff effects of such expensive listing, for Eg like GNA shafts and Uniparts which have today spiked up by 6% and valued at 15 PE while the newly listed Happy forging is over 50 PE

Qib wale nahi aaya🤨

QIB aa Gaye 🫠

Tepid listing!

But do remember this company has brand recall.
The brand is since few years not that they did brand marketing months or max a year before IPO.

The pricing of IPO was bit aggressive, though not much. However it can be hold and if falls be added later.

Above are my views. Not allotted and bought small number on listing. Kindly do your own due diligence and research. Its not recommendation.

Bought in market at below issue price.

Sold at 291

Oops
One more crash...

This was truly very mediocre company and brand and I don't know how it was getting 40-45% kind of premium and fellow members were calculating forward earning and valuation and justifying it.

Yes. Some of them take GMP into consideration and then do reverse calculation to justify listing gains.

Credo 1 lot but at 265 for long term.it was not allotted in primary market

yes holding

Anyone holding hni lots ??? I sold .. fokat risk ni chahiye Muthoot hold kar liya tha aur gir gya
... Ab iska keh ni sakte kya hoga

Can we buy Mufti or Happy at CMP ?

2 rs profit. 1 toffee kha lenge.
Gum nahi pina pada.

😀😀

I applied with ff in my 3 accounts having seen gmp...thanks god...not allotted
Money saved...money earned😁😁😁

Sold

SJ Logistics available at much cheaper price. Expected to go 200 by this week end

Expecting huge losses from 2 bhni allotted lots

Not huge loss but very little profit as of now.

Ab to 365 days hold hi rkhna padega :(

Very tepid listing

282...poor listing

Listing nearby to ipo price. Another failure listing considering the oversubscription figures. Time to review ipos more deeply before investing

Order executed at 282.35

282 listed