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.
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
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- 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.
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.
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
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What is Mufti Jeans IPO Minimum and Maximum Lot Size?
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).
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– Source : IPOWATCH