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Credo Brands Marketing’s IPO Sees Strong Response with 2.08x Subscription, India

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Credo Brands Marketing's IPO sees strong response with 2.08x subscription. Indian retail brand Mufti's parent company aims to raise ₹549.78 crore through IPO. IPO receives decent response, especially from retail investors. Company's revenue and profit show significant growth. Challenges include heavy reliance on offline retail channels. Opportunity to tap into growing demand for branded casual wear in India.

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