Campus Activewear IPO News: Campus Activewear The IPO of today opened for investor subscription. This issue totals Rs. 1400 crores and the price band of the stock is Rs. 278-292 has been prescribed. The issue is open today and investors can subscribe till April 28, 2022.
when to list
Campus Activeware’s shares may get listed on the stock exchange on May 9. Its shares are expected to be allotted by May 4.
campus activeware IPO
When will it open – 26 April 2022
When will the membership end – 28 April 2022
Price Band – Rs. 278-292
Minimum investment – Rs. 14178
Lot Size – 51
Issue size – 1400 crores
OFS What will happen ,
The campus will bring an offer (OFS) for sale of 51 million shares under the IPO. Besides its existing promoters Harikrishna Agarwal and Nikhil Agarwal, investors like TPG Growth-3 SF Private Limited and QRG Enterprise will also sell their shares.
Increased premium prices in gray market
Before the IPO opened, its gray market size was Rs. Got about 60. At the same time, the price band of the IPO is Rs 292. In the last 3 days, the gray market has gained about 18 to 20 percent.
Currently nationwide 100 shops are
The company also plans to hire new employees to expand its sales network. The campus currently has around 100 stores across the country. Of these, 65 stores are company-owned and the rest are based on the franchise model.
its almost 17 % market share is
Based on the sales figures for the financial year 2020-21, Campus boasts of around 17% market share in the branded sports footwear industry. The company had earlier filed an application for an initial public offering (IPO) with the Securities and Exchange Board of India (SEBI) last year.