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Credo Brands IPO gets subscribed 6.94 times on second day of offer

The Rs 549.77 crore-Initial Public Offering (IPO) received bids for 9,53,22,779 shares against 1,37,44,472 shares on offer, as per NSE dataNew Delhi: The initial share sale of Credo Brands Marketing, which owns denim brand Mufti, got subscribed 6.94 times on...

Mufti brand owner garners Rs 165 crore from anchor investors

The company has allotted 58.9 lakh equity shares to 11 funds at Rs 280 apiece, which is also the upper end of the price band, according to a circular uploaded on BSE's websiteNew Delhi: Credo Brands Marketing Ltd, which...
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Indian burgeoning e-commerce lowers discounts, focuses on profits, as funding declines

Two-day Phygital Retail Convention deliberates declining consumption disparity New Delhi: Indian e-commerce market is on the rise, but funding from...
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