MUFTI

Oct 28 (Reuters) - Credo Brands Marketing Ltd CREO.NS:

• CREDO BRANDS MARKETING SEPT-QUARTER CONSOL NET PAT 264.6 MILLION RUPEES

• CREDO BRANDS MARKETING SEPT-QUARTER CONSOL REVENUE FROM OPERATIONS 1.86 BILLION RUPEES

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** Shares of India's Credo Brands Marketing CREO.NS jumps as much as ~17% to 192 rupees; on course for best day ever, if gains hold

** Co, which houses the 'Mufti' brand of apparel, said consol net PAT climbed 14% y/y, rev rose ~5%

** Trading vols ~25x 30-day avg

** YTD stock has fallen ~36%

(Reporting by Hritam Mukherjee in Bengaluru)

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Aug 6 (Reuters) - Credo Brands Marketing Ltd CREO.NS:

• CREDO BRANDS MARKETING JUNE-QUARTER CONSOL NET PAT 97.7 MILLION RUPEES

• CREDO BRANDS MARKETING JUNE-QUARTER CONSOL REVENUE FROM OPERATIONS 1.24 BILLION RUPEES

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April 2 (Reuters) - Credo Brands Marketing Ltd CREO.NS:

• CREDO BRANDS MARKETING - DURING Q4 FY24, GROSS PROFIT MARGINS REMAINED STABLE

• CREDO BRANDS MARKETING LTD - REVENUE FROM OPERATIONS FOR Q4 FY24 EXPERIENCED A LOW SINGLE DIGIT DECLINE ON A YOY BASIS

• CREDO BRANDS MARKETING - REVENUE FROM OPERATIONS FOR Q4 FY24 EXPERIENCED A LOW SINGLE DIGIT DECLINE ON A YOY BASIS

• CREDO BRANDS MARKETING LTD - FOR FY25 COMPANY ASPIRES TO ACHIEVE MID-TEENS REVENUE GROWTH

• CREDO BRANDS MARKETING - INCREASE IN CERTAIN COSTS DURING Q4 AND FULL YEAR FY24 WHICH WILL IMPACT PROFITABILITY

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Further company coverage: CREO.NS

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** Shares of Credo Brands Marketing CREO.NS trim gains to trade 3.3% higher at 278.2 rupees; shares had risen as much as 7.3% earlier in the session

** The operator of men's casual wear brand 'Mufti' says its Q2 consol net PAT rose 7.5% y/y to 279.7 mln rupees ($3.4 mln); revenue for ops jumped 16.1% y/y

** Stock set for best one-day rise since its listing on Dec. 27, 2023, if gains hold

($1 = 83.1200 Indian rupees)

(Reporting by Anuran Sadhu in Bengaluru)

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** Shares of Innova Captab INNC.NS rise 21% in their market debut to 542.50 rupees

** INNC opened at a small premium of 452.1 rupees vs issue price of 448 rupees

** Pharma co's 5.7 bln rupees ($68.59 million) IPO was oversubscribed by 55.3x

** INNC is the eighth co to list this week after Muthoot Microfin MUTO.NS, Suraj Estate Developers SRAE.NS, Happy Forgings HAPY.NS, Credo Brands CREO.NS, Motison Jewellers MOTN.NS, RBZ Jewellers RBZJ.NS and Azad Engineering AZAD.NS

** Companies have raised funds worth 447.93 billion rupees in main board IPOs so far this year, down 24% from a year ago, as per NSE data

($1 = 83.1050 Indian rupees)

(Reporting by Sethuraman NR in Bengaluru)

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** Shares of Indian machine components maker Azad Engineering AZAD.NS close at a 29.3% premium to the issue price of 524 rupees in market debut

** Shares had opened 720 rupees, a premium of 37.4%

** AZAD's offer of fresh issue of up to 2.4 billion Indian rupees ($28.86 million) and offer for sale of 5 bln rupees was subscribed ~81 times

** AZAD, backed by the likes of former Indian cricketer Sachin Tendulkar and Indian badminton ace Saina Nehwal, is among companies which have seen premium listing in crowded IPO space in late 2023

** Azad is the seventh co to list this week after Muthoot Microfin MUTO.NS Suraj Estate Developers SRAE.NS Happy Forgings HAPY.NS, Credo Brands CREO.NS, Motison Jewellers MOTN.NS and RBZ Jewellers RBZJ.NS

** Companies have raised funds worth 447.93 billion rupees in main board IPOs so far this year, down 24% from a year ago, as per NSE data

($1 = 83.1690 Indian rupees)

(Reporting by Sethuraman NR in Bengaluru)

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** Shares of Credo Brands Marketing CREO.NS rise 12.3% in trading debut to 314.50 rupees vs IPO price of 280 rupees

** CREO, which sells clothing, accessories under brand name 'Mufti', debuts at 282.35 rupees

** Stock hit a low of 261.60 rupees during the session, below IPO price, but has since recovered

** Lackluster performance falls short of pre-listing expectations; cautious approach is warranted, investors may consider exiting their holdings - Shivani Nyati, head of wealth at Swastika Investmart

** Co's 5.50 bln rupee ($66.02 bln) IPO had offer for sale of shares from stakeholders

** IPO oversubscribed 51.85x last week - exchange data

** CREO's consol profit more than doubled YOY for the year ended March 31, while revenue from operations rose 46%

($1 = 83.3110 Indian rupees)

(Reporting by Rama Venkat in Bengaluru)

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