Crestline Retail Corporation Limited

Crestline Retail Corporation Limited is a company operating in the consumer durables space, focused on home appliances and consumer electronics. The issue comprises a mix of fresh issue and offer for sale, with proceeds earmarked for working capital, debt reduction, and general corporate purposes.

Price band: ₹356–₹401 per share · Lot size: 35 shares.

Subscription so far — QIB: 0.64x, NII: 0.44x, Retail: 0.43x. Grey Market Premium is currently around ₹12.0 (+3.0% over the upper price band).

Subscription numbers have stayed muted through the bidding window and the grey market isn’t pricing in a listing pop. This is a name to review carefully rather than apply on sentiment alone.

This review is for informational purposes only and is not investment advice. Please read the red herring prospectus and consult a financial advisor before applying.