Credo Brands Marketing Limited IPO Message Board (Page 5)

Listing strategy ? Hold or sale in pre open?

Anyone ASBA via IndusInd bank unblocked yet? My application is still blocked for happy Forgings and Mufti

Just unblocked now...

​@COMMON MEN WAITING FOR ALLOTMENT  what is naffa news for credo and Happy??

Listing Range:- 390-420

My estimate of listing
Rbz 95
Credit 310
Happy 950
Your views pls

Shares credited in account but money still blocked

All NIL Allotted ASBA applications still blocked for both Mufti and Happy Forging ….. seems it’s intentional as can observed from fellow members.

Hope the fall in GMP and 3 listing today has an clear cut message for many people started applying IPO only after Tata Tech. Its purely sentiments driven market. Lot reasons could have affected it's GMP.
1. FIIs reduce their activities during block closure holidays
2. Operated GMPs to lure every investors during the IPO application to allotment phase
3. Nifty all time high and covid fear across investors.

These all are possible reasons might have affected the listing, there could be lot more than this.

Everyone must aware about their application before applying to any IPOs and as like secondary market IPOs also having a risk of discount listing and you should be prepared enough to face and come out of it. Better to have a clear plan what your going to do with the IPOs alloted share

1. Exit at listing (profit/ defined loss)
2. Hold (have confidence on company and its fundamentals)

This will make ease of your emotions when the IPOs are listed rather than panicking after listing.

Why money is still blocked

Kotak ASBA still not updated.
Status "rta pending'

Now unblocked in kotak

​@Admin @ Chittorgarh.com amt. not unblocked from sbin what to do !!

​@AryanRaj its 12 am mate, still fund is blocked. i think sbin is preventing people to apply in ipo to avoid high rush in ipo. God bless sbi.

PNB ASBA Hni amount still blocked for credo @12.13 pm whom to contact? Kindly reply 🙏

1/6, Happy with Mufti and Expecting good listing gain to hold it for long term.

Regards
AD

HDFC BANK allows up to 12:30 only to apply for any IPO on last day (minor accounts). Hope to get refund back for 2 accounts to be able to apply for Innova...🤞🤞

HDFC BANK amount still on hold... Anyone there whose amount unblocked from HDFC ? Need funds to apply for Innova ...

My ICICI ASBA also on hold, both from Mufti and Happy, multiple bank have not unblocked.

Link time shows 53 shares allotted but in icici dmat account shares not credited. Listing today or...?

Mufti listing tomorrow
🙏

They will be credited today or tomorrow before 9 AM.
Listing tomorrow..

Kotak still blocked.

Someone in the branch has to open the shutter and turn on the servers…

Anyone received credit in D Mat account? Listing date ?

Shares will credit tomorrow and listing date is 27 Dec

Off topic - Does anyone know which brokers allowing offline account opening process without doing online IPV verification? TIA.
Thanks!

Whether SBI ASBA unblocked. mine is still blocked. Got Mail from Registrar that instructed Banks to unblock on 22.12.23. Still it is blocked.

Sbi fund will unblock on 26 dec..

All banks are "late latif" at the time of unblocking fund. at the same time if you apply for ipo through asba after 6, they will still create hold. what a strategy... Incredible Banks

Latest gmp

107

On a separate note, how many people have used Mufti brand items and what is your view on the items that you have used:

1. Have used and will buy again(completely satisfied with quality and designs)
2. Have used but won't try again(dissatisfied)
3. Not used but may try
4. Not used and will not try

It seems no takers for this brand or not familiar with its , i found many times offering 50% discount on casual shirts many times .

My son used to wear Mufti brand apparels about 15 year ago during his college days. Younger generation is more familier with this brand, as it is focused to that age group with casual wears.