Follow the newest Campus Activewear IPO GMP (Grey Market Premium), kostak rates, and subject to sauda rates to stay on top of the latest developments. Campus Activewear’s initial public offering (IPO) GMP is INR50 per share today, compared to the issue price of INR278 – 292 per share. Based on the current GMP, the estimated listing price for Campus Activewear’s initial public offering (IPO) is INR342 per share.
Campus Activewear IPO
According to the company, campus Activewear has set a date for its initial public offering (IPO), which will begin on April 26, 2022, and conclude on April 28, 2022. Campus Activewear Solutions Ltd plans an initial public offering (IPO) to earn Rs.1394.3 crores. The IPO would consist of an offer for sale of up to 47,950,000 equity shares of Rs.5 each. The retail quota is 35 per cent, with QIB accounting for 50 per cent and HNI accounting for 15 per cent.
Campus Activewear Limited, which was established in 2005, is India’s most prominent sports and athleisure footwear manufacturer. In addition to producing and distributing footwear such as Running Shoes, Walking Shoes, Casual Shoes, Floaters, Slippers, Flip Flops and Sandals in a range of colours and designs, the firm also provides accessories such as belts, bags, and hats at competitive costs. Campus Activewear distributes its items both online and via brick-and-mortar retail locations.
Campus Activewear Limited has a pan-India trade distribution network consisting of over 400 distributors in 28 states and 625 cities, which allows the company to serve customers throughout the country. In addition, the organisation has 18,200 merchants across India. As of September 30, 2021, the firm owns and maintains five production sites in India, with an annual assembly capacity of 25.60 million pairs as of September 30, 2018.
Campus Activewear Competitive Strengths
- The biggest sports and athleisure footwear brand in India and the fastest expanding scaled sports and athleisure footwear company in the world.
- Our fashion-forward strategy allows us to consistently emphasize design and product innovation, allowing you to keep up with the newest worldwide trends and styles.
- The ability to reproduce integrated manufacturing capabilities underpinned by a reliable supply chain is complex.
- Sales and distribution network with a strong omnichannel presence throughout India and a move into the luxury market.
- Brand recognition is high, and the branding and marketing strategy is unique.
- The management staff has a lot of expertise.
Campus Activewear IPO GMP Today
According to reports from the grey market, Campus Activewear IPO shares were selling at Rs 50 per share, representing a 17 percent premium above the upper end of the pricing range. According to persons who trade in unlisted shares of the firms, the stock was trading for Rs 342 per share on Thursday in the grey market, compared to the IPO price of Rs 292 per share in the public market.
Campus Activewear Lot Size
A bidder will be able to submit an application for the IPO in lots, with each lot containing 51 shares of the firm. A total of 47,950,000 equity shares will be issued in this public offering, with the business aiming to raise Rs. 1400.14 crore.
As previously stated, the public issue will open for subscription on April 26, 2022, and it will stay available for subscription until April 28, 2022, when it will close. The price range for the public offering has been set at 278 to 292 rupees per share by the company’s promoters.
About Campus Activewear Company
According to the company, as reported in the media, Campus Activewear has around a 15 percent value market share in the Indian branded sports and athleisure footwear business for fiscal 2020. Approximately 17 percent of the market, according to the research, is likely to be captured by the corporation by fiscal 2021.
Recent research by the Technopak Group found that Campus Activewear was the leading sports and athleisure footwear brand by value and volume in India during fiscal year 21 (20 FY21). From FY19 to FY21, according to the firm, which launched the brand ‘CAMPUS’ in 2005, it is the fastest-growing scaled sports and athleisure footwear brand in India.
By the end of the fiscal year 2021, the business claimed to have captured more than 85 per cent of India’s entire addressable market for sports and athleisure footwear.”
There were 583 new designs released on Campus in 2020 (FY21). As of December 2021, the company’s product catalogue included 1,433 active styles for men, 241 functional styles for women, and 485 dynamic styles for youngsters and children.