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Mufti Jeans IPO Date, Review, Price, Allotment, Analysis

Mufti Jeans is likely one of the biggest homegrown manufacturers within the mid-premium and top rate males’s informal put on marketplace in India on the subject of marketplace proportion in Fiscal 2022. They imagine in offering a significant cloth wardrobe answer for a couple of events in a buyer’s existence, with their product choices starting from shirts to t-shirts to denims to chinos, which cater to all year-round clothes. Their merchandise are designed to offer a younger look whilst maintaining with the continued style traits.

Their model “Mufti” used to be introduced by means of their Promoter, Kamal Khushlani, 25 years in the past with a imaginative and prescient to redefine menswear. The model used to be created as a substitute dressing answer and used to be designed to ship an informal choice with a focal point on inventive, daring, and expressive clothes for the recent Indian guy who sought after one thing extra fashionable than what used to be frequently to be had. To stay tempo with those evolving style traits, their product combine has advanced considerably during the last a number of years from consisting of most effective shirts, t-shirts, and trousers within the 12 months 1998 to a variety of merchandise together with sweatshirts, denims, shipment, chinos, jackets, blazers and sweaters in comfy vacation casuals, unique day-to-day casuals to city casuals, birthday party put on and likewise athleisure classes as on date. Their design staff is continuously specializing in increasing their product vary to fulfill a various vary of client wishes.

Mufti Jeans merchandise are to be had via a pan-India multichannel distribution community that they have got constructed over time comprising in their unique model shops (EBOs), massive structure retail outlets (LFSs), and multi-brand shops (MBOs), in addition to on-line channels comprising in their web site and different e-commerce marketplaces. Their multi-channel presence is deliberate strategically 147 in a way that their merchandise throughout classes are to be had at customers’ most popular buying groceries channels.

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Objects of the Issue

  • Achieve some great benefits of checklist the Equity Shares at the Stock Exchanges.
  • Carry out the Offer for Sale of as much as 19,634,960 Equity Shares. Further, the Company expects that the proposed checklist of its Equity Shares will fortify our visibility and model symbol and supply liquidity to the Shareholders and a public marketplace for the Equity Shares in India.

Mufti Jeans IPO Review (Apply or Not)

Brokerage Firm IPO Review

  • Capital Market: To be up to date quickly
  • Religare Broking: To be up to date quickly
  • Hem Securities: To be up to date quickly
  • Arihant Capital: To be up to date quickly

Mufti Jeans IPO Date & Price Band Details

IPO Open: December 2023
IPO Close: December 2023
IPO Size: Approx ₹[.] Crores
Fresh Issue: Approx ₹[.] Crores
Offer for Sale: Approx 19,634,960 Equity stocks 
Face Value: 2Per Equity Share
IPO Price Band: ₹[.] to ₹[.] Per Share
IPO Listing on: BSE & NSE
Retail Quota: 35%
QIB Quota: 50%
 NII Quota: 15%
Discount: N/A
DRHP Draft Prospectus: Click Here
RHP Draft Prospectus: Click Here
Anchor Investors List: Click Here

Mufti Jeans IPO Market Lot

The Mufti Jeans IPO minimal marketplace lot is [.] stocks with ₹[.] utility quantity. The retail traders can practice up-to 13 loads with [.] stocks or ₹[.] quantity.

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Application Lot Size Shares Amount
Retail Minimum 1 ₹-
Retail Maximum 13 ₹-
S-HNI Minimum 14 ₹-
B-HNI Minimum 68 ₹-

Mufti Jeans IPO Allotment & Listing Dates

The Mufti Jeans IPO date is 2023 and the shut date is December 2023. The Mufti Jeans IPO allotment will likely be finalized on 2023 and the IPO checklist on 2023.

Price Band Announcement: 2023
Anchor Investors Allotment: 2023
IPO Open Date: 2023
IPO Close Date: 2023
Basis of Allotment: 2023
Refunds: 2023
Credit to Demat Account: 2023
IPO Listing Date: 2023

You can test IPO subscription standing and IPO allotment standing on their respective pages.

Mufti Jeans IPO Form

How to use for the Mufti Jeans IPO? You can practice for Mufti Jeans IPO by means of ASBA to be had on your checking account. Just cross to the web financial institution login and practice by means of your checking account by means of deciding on the Mufti Jeans IPO within the Invest phase. The different choice is you’ll be able to practice for Mufti Jeans IPO by means of IPO bureaucracy downloaded by means of NSE and BSE. Check out the Mufti Jeans bureaucracy – Click BSE Forms & NSE Forms clean IPO bureaucracy obtain, fill, and put up on your financial institution or along with your dealer.

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Mufti Jeans Company Financial Report

  ₹ in Crores
Year Revenue Expense PAT
2021 ₹261.15 ₹257.15 ₹3.44
2022 ₹354.83 ₹307.00 ₹35.74
2023 ₹509.32 ₹405.51 ₹77.51

Mufti Jeans IPO Valuation – FY2023

Check Mufti Jeans IPO valuations element like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) main points.

Earning Per Share (EPS): 29.98%
Price/Earning P/E Ratio: N/A
Return on Net Worth (RoNW): 29.98%
Net Asset Value (NAV): ₹43.75 consistent with Equity Share

Peer Group

  • Aditya Birla Fashion and Retail Limited
  • Go Fashion (India) Limited
  • Arvind Fashions Limited
  • Kewal Kiran Clothing Limited
  • Kamal Khushlani
  • Poonam Khushlani

Mufti Jeans IPO Registrar

Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: [email protected]
Website: https://linkintime.co.in/

Mufti Jeans IPO Allotment Status Check

Check Mufti Jeans IPO allotment standing on Linkintime web site allotment URL. Click Here

Mufti Jeans IPO Lead Managers aka Merchant Bankers

  • Dam Capital Advisors Ltd
  • ICICI Securities Limited
  • Keynote Financial Services

Company Address

Credo Brands Marketing Limited
B-8, MIDC Central Road, Marol,
Next to MIDC Police Station
Andheri (E), Mumbai – 400093,
Phone: +91 22 6141 7200
Email: [email protected]
Website: https://www.credobrands.in/

Mufti Jeans IPO FAQs

What is Mufti Jeans IPO?

Mufti Jeans IPO is a main-board IPO. They are going to carry ₹[.] Crores by means of IPO. The factor is priced at ₹[.] to ₹[.] pr fairness proportion. The IPO is to be indexed on BSE & NSE.

When Mufti Jeans IPO will open?

The IPO is to open on December 2023 for QIB, NII, and Retail Investors.

What is Mufti Jeans IPO Investors Portion?

The traders’ portion for QIB is 50%, NII is 15%, and Retail is 35%.

How to Apply the Mufti Jeans IPO?

You can practice for Mufti Jeans IPO by means of ASBA on-line by means of your checking account. You too can practice for ASBA on-line by means of UPI via your inventory agents. You too can practice by means of your inventory agents by means of filling up the offline shape.

How to Apply the Mufti Jeans IPO via Zerodha?

Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on IPO. You will see the IPO Name “Mufti Jeans”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now cross in your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Zerodha.

How to Apply the Mufti Jeans IPO via Upstox?

Log in to the Upstox Application along with your credentials. Select the IPO. You will see the IPO Name “Mufti Jeans”. Click on Bid Button. Confirm your Application. Now cross in your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox.

How to Apply the Mufti Jeans IPO via Paytm Money?

Log in to Paytm Money Application along with your credentials. Select the IPO. You will see the IPO Name “Mufti Jeans”. Click on Bid Button. Confirm your Application. Now cross in your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Paytm Money.

What is Mufti Jeans IPO Size?

Mufti Jeans IPO measurement is ₹[.] crores.

What is Mufti Jeans IPO Price Band?

Mufti Jeans IPO Price Band is ₹[.] to ₹[.].

What is Mufti Jeans IPO Minimum and Maximum Lot Size?

The minimal bid is [.] Shares with ₹[.] quantity whilst the utmost bid is [.] stocks with ₹[.].

What is the Mufti Jeans IPO Allotment Date?

Mufti Jeans IPO allotment date is December 2023.

What is the Mufti Jeans IPO Listing Date?

Mufti Jeans IPO checklist date is December 2023. The IPO is to record on BSE and NSE.

Note: The Mufti Jeans IPO worth band and date are formally introduced but. The IPO gray marketplace top rate (Mufti Jeans IPO Premium) will likely be added to the IPO gray marketplace web page as it’ll get started).

Follow for the Upcoming IPO news and their evaluations, additionally stay following us on TwitterFacebook, and Instagram. For our newest movies, subscribe to our YouTube channel.





– Source : IPOWATCH

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