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Companies from different industries and niche are offering the public to aboard their journeys and be a part of it. And another such company is Campus Activewear.

The footwear company is making an IPO offer to garner about Rs. 1,400.14 crore from the market. CAMPUS is one of the renowned brands present in the market.

Now here we will be discussing about the history of the company. The offerings of the company, its promoters, and management.

Along with this, we will cover IPO-related topics like Campus Activewear IPO date, IPO GMP, its subscription status, allotment status, IPO size and price, and Campus Activewear IPO Review.

Face Value Rs 5
Price Band Rs. 278 to Rs. 292 
Listing At BSE, NSE
Min. Order Quantity 51 Shares
Listing Date May 9, 2022
Offer for Sale Not Disclosed
Fresh Issue Not Disclosed
IPO Size Rs. 1400.14 crore
Tick Size 1

 


Campus Activewear IPO Overview

Campus Activewear IPOThe leading sports and athleisure Footwear company, Campus Activewear is coming up with an IPO of Rs.1,400.14 crore. The Campus Activewear IPO is completely an Offer for the Sale of 47,950,000 equity shares by promoters and existing shareholders.

Those offering shares in the offer includes promoters – Hari Krishna Agarwal and Nikhil Aggarwal. In addition to the promoters, investors like TPG Growth III SF Pte Ltd and QRG Enterprises Ltd will also be offloading their shares with the IPO.

Campus Activewear IPO Important Dates

Events Date
IPO Opening Date Apr 26, 2022
IPO Closing Date Apr 28, 2022
Basis of Allotment Finalization May 4, 2022
Refunds Initiation May 5, 2022
Credit of Shares to Demat Account May 6, 2022
Share Listing Date May 9, 2022

The Delhi-based footwear company Campus Activewear has filed the Draft Red Herring Prospectus with the market watchdog SEBI to get its approval and process the IPO of the company. Campus Activewear IPO Date will be revealed after the approval of the draft papers.

Also, in pursuance of the IPO, the company has changed its status from a private company to a public company and consequently, the name of the company was also changed from Campus Activewear Private Limited to Campus Activewear Limited.

Campus Activewear IPO Price, Size, Share Offerings

Face Value Rs.5
Price Band Rs. 278 to Rs. 292
Offer for Sale Not Disclosed
Fresh Issue Not Disclosed
IPO Size Rs.1400.14 crore

The Campus Activewear IPO Size will be of 47,950,000 equity shares offered by means of an Offer for Sale. The company is aiming to raise the sum of about Rs.1,400.14 crore from the IPO.

Campus Activewear IPO Price will be determined with the Book Building Process. The company will determine the price band and minimum lot size and the bidders will place their bids according to that. The face value of the offered shares is Rs. 5 each.

Till the DRHP date, together promoters were holding 78.2% of Campus Activewear. Alongside investors like TPG Growth holds 17.2 % and QRG Enterprises holds 3.9%. The same individuals and entities will be offering their shares.

Campus Activewear IPO Grey Market Premium

Date GMP (Rs.) Kostak Rate (Rs.) Subject to Sauda (Rs.)
9th May 2022 Rs.60 Rs.500 Rs.3100
7th May 2022 Rs.60 Rs.500 Rs.3100
6th May 2022 Rs.60 Rs.500 Rs.3100
5th May 2022 Rs.75 Rs.600 Rs.3500
4th May 2022 Rs.95 Rs.600 Rs.3500
3rd May 2022 Rs.95 Rs.600 Rs.3500
2nd May 2022 Rs.95 Rs.600 Rs.3500
30th April 2022 Rs.95 Rs.600 Rs.3500
29th April 2022 Rs.95 Rs.600 Rs.3500
28th April 2022 Rs.85 Rs.600 Rs.3500
27th April 2022 Rs.105 Rs.600 Rs.4000
26th April 2022 Rs.90 Rs.500 Rs.3000
25th April 2022 Rs.60 Rs.450 Rs.2000
23rd April 2022 Rs.60 Rs.400 Rs.1500
22nd April 2022 Rs.60 Rs.400 Rs.1500
21st April 2022 Rs.60 Rs.400 Rs.1500
20th April 2022 Rs.50 NA NA
19th April 2022 NA NA NA

The grey market activities takes place before the IPO Date. Campus Activewear IPO GMP will be available after the IPO date is declared by the company.

The offered shares of the company will be traded in the Grey Market which is an unofficial channel of trading and based on that trading in the Grey market, investors assume the trends of the share price after the shares are listed. The Grey Market Premium is closely observed by the investors and experts to estimate the listing price.

Campus Activewear IPO Subscription Status

Day / Date QIB NII RII EMP Total Subscription
1st Day – 26th April 0.09x 1.32x 1.88x 0.68x 1.24x
2nd Day –  27th April 0.13x 5.67x 3.94x 1.42x 3.21x
3rd Day – 28th April 152.04x 22.25x 7.68x 2.11x 51.75x
Shares Offered or Net Issue 9,550,000 7,162,500 16,712,500 200,000 33,625,000

Campus Activewear IPO Subscription will be the step in which the interested investors will invest in the company with the aim of receiving share allotment. The investors will bid within the price band and the successful bidders will be allotted shares in the allotment process.

In the Campus Activewear IPO, not more than 50% of the offer will be made available for allocation of QIBs, about 15% will be reserved for the NIIs and a further 35% will be allocated to Retail Individual Bidders.

The Lead Managers of the issue are:

  • JM Financial Limited
  • BofA Securities India Limited
  • CLSA India Private Limited
  • Kotak Mahindra Capital Company Limited

The details in respect of the price band and subscription is live now.

Campus Activewear IPO Allotment Status

The basis of Campus Activewear IPO Allotment will be determined by the company in consultation with BRLMs after the IPO is closed and bids in respect of the offered shares.

The Book Running Lead Managers to the issue are:

  1. JM Financial Limited
  2. BofA Securities India Limited
  3. CLSA India Private Limited
  4. Kotak Mahindra Capital Company Limited

The registrar of the issue is Link Intime India Private Limited.

Campus Activewear IPO Live Performance

Once the IPO is live, you will be able to check Campus Activewear IPO Performance just from the link given here. You can easily check Campus Activewear IPO Price and the changes taking place in it.


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    Latest Campus Activewear IPO News

    Campus Activewear IPO News about its opening is here. The company is opening the doors for bids on 26th April 2022 and will be open for 3 days. Investors can place their bids from 26th April to 28th April.

    The price band of the issue is Rs. 278 to Rs. 292. The investors will place bids in lots. One lot will comprise of 51 shares and the bidders can apply for a maximum of 13 lots.

    The company is gearing up to raise Rs. 1400.14 crores from the IPO via the issue of 4,79,50,000 equity shares.


    Campus Activewear – Company Review

    The company instituted its operations as Action Renewable Energy Private Limited in the year 2008 as a private limited company. Thereafter, in the year 2015, the name of the company was changed to Campus Activewear Private Limited.

    Campus Activewear is one of the largest sports and athleisure Footwear Company in India in terms of volume and value in the Financial Year 2021. With its Brand CAMPUS launched in 2005 has secured substantial esteem in the market.

    The company has captured approximately 15% of the market share making it the second-largest sports footwear company after Reebok being the first with 40% of the market share.

    Products or Services

    Campus Activewear set its foot in the market with its brand CAMPUS in 2005 offering lifestyle-oriented sports and athleisure footwear. Their products range includes footwear for the entire family.

    The company has a wide variety of products across footwear and offers different color, styles, distinctive prices, palettes, and an attractive product value proposition.

    The fastest-growing sports and athleisure footwear company has developed itself as a preferred brand for a large part of the population.

    The Indian market is largely dominated by international brands and making a space in this stringent situation itself is credible for any Indian company. And in this circumstance, Campus Activewear is one of those few entities which has elevated itself over the years and has become one of the dominating players.

    Promoters and Holding

    The Promoters of Campus Activewear are:

    1. Hari Krishan Agarwal
    2. Nikhil Aggarwal

    The management of the company consists of:

    1. Hari Krishan Agarwal holds the position of Chairman and Managing Director
    2. Nikhil Aggarwal holds the position of Whole-Time Director and CEO
    3. Anil Rai Gupta holds the position of Non-Independent Non-Executive Director
    4. Ankur Nand Thadani holds the position of Non-Independent Non-Executive Director
    5. Anil Kumar Chanana holds the position of Independent Director
    6. Madhumita Ganguli holds the position of Independent Director
    7. Nitin Savara holds the position of Independent Director
    8. Jai Kumar Garg holds the position of Independent Director
    9. Raman Chawla holds the position of chief financial officer
    10. Archana Maini holds the position of General Counsel, Company Secretary & Compliance Officer

    Is Campus Activewear good for Investment?

    One of the largest and fastest-growing brands CAMPUS proffers an extensive product portfolio comprising of shoes in different colors, styles, and designs. The company caters demands of different categories of customers, be it men or women, kids or adults, Campus Activewear has something in its stores for everyone.

    The company has outshined as an unique name and competes in the Indian Market with brands like Puma, Reebok, Liberty, Relaxo, Bata, Adidas, Khadim, and Nike.

    Till FY 2020, Campus Activewear successfully captured a 15 percent market share of the sports and athleisure footwear domain. By FY 2021, the company enhances its market share to 17% with its unique strategies.

    With the public of India becoming more and more cautious about their choices and brand preferences, the customer base of the company is enhancing and expanding with the passage of time.

    Now, the Campus Activewear IPO will provide the required exposure to the company and its brand in an appreciating manner.


    Campus Activewear Financial Statements

    Amount (in INR & Million)
    31-Dec-21 31-Dec-20 Mar-21 31-Mar-20 31-Mar-19
    Assets 8,372.13 7,179.90 6,847.53 7,192.23 5,055.53
    Revenue 8,439.46 4,394.86 7,150.80 7,341.15 5,966.97
    Expense 7,299.89 4,198.11 6,451.35 6,353.61 5,303.68
    Profit After Tax 855.83 168.65 268.74 615.99 384.14

    Campus Activewear is a profit-making company with substantial enhancement in revenues every year.

    The total revenue of the company for the financial years 2019, 2020, and 2021 was 5,966.97 million, 7,341.15 million and 7,150.80 million respectively. The profits for the financial years 2019, 2020, and 2021 were 384.14 million, 615.99 million and 268.74 million.

    The revenue for the nine months of 2021 ended 31 December was 8,439.46 million and the profit for the same period was 855.83 million.

    Campus Activewear IPO might help the company reach more audiences and gain more loyal customers in the near future.

    Earnings per Equity Share (in Million)
    31-Dec-21 31-Dec-20 Mar-21 31-Mar-20 31-Mar-19
    Basic & Diluted 2.82 0.56 0.88 2.05 1.28

    The EPS of the company has somehow shown a degrading value over years. The EPS for 2021 was Rs. 0.88.


    Campus Activewear IPO Review

    The company already captures a significant part of the market. It is the fastest-growing company which caters to diversified types of demand with its wide product portfolio.

    Campus Activewear IPO is being executed to effect the sale of equity shares by the promoter selling shareholders and existing shareholders and to attain the advantages of listing.

    The IPO is completely an Offer for Sale IPO and proceeds from the IPO will be entitled to the selling shareholders.

    As per the DRHP, the company is planning to sell about 16% shares. Of which 4% will be offered by promoters, about 10% will be offered for sale by TPG Growth III SF PTE. LTD. and QRG Enterprises Limited will be selling 2%.


    Campus Activewear IPO Details

    Here are a few more details you need to know before investing in Campus Activewear IPO –

    Campus Activewear IPO Issue Object

    Campus Activewear has proposed diverse objectives for making the IPO offer and some of the objectives are:

    • Funding organic growth initiatives
    • Expanding Network Structures
    • Building scales in existing business lines and developing new adjacent business lines
    • Upgrading Logistics Operating System
    • And for other corporate purposes

    Campus Activewear IPO – Basis of Offer Price

    The issue price is determined by the company in consultation with the Lead manager on the basis of the following qualitative and quantitative factors.

    Qualitative factors are:

    • India’s largest sports and athleisure footwear brand and fastest growing scaled sports and athleisure footwear brand with a robust product portfolio across the demand spectrum (Source: Technopak Report);
    • Sustained focus on design and product innovation facilitating access to the latest global trends and styles through our fashion-forward approach;
    • Difficult to replicate integrated manufacturing capabilities supported by robust supply chain;
    • Strong brand recognition, innovative branding, and marketing approach; and
    • Their experienced management team

    Quantitative factors are:

    Basic & Diluted EPS RONW (%) NAV (Rs.)
    31-Mar-21 0.88 8.60 10.29
    31-Mar-20 2.05 21.63
    Mar-19 1.28 19.04

    Campus Activewear IPO Lead Managers

    Here are the list of Lead managers –

    • JM Financial Limited
    • BofA Securities India Limited
    • CLSA India Private Limited
    • Kotak Mahindra Capital Company Limited

    Campus Activewear IPO Registrar to offer

    Check out the details of the registrar here –

    Link Intime India Private Limited
    C 101, 247 Park L.B.S. Marg
    Vikhroli (West), Mumbai 400 083
    Maharashtra, India
    Telephone: +91 22 4918 6200
    E-mail: campus.ipo@linkintime.co.in
    Investor grievance e-mail:
    campus.ipo@linkintime.co.in
    Website: www.linkintime.co.in
    Contact person: Shanti Gopalkrishnan
    SEBI registration number: INR000004058

    Campus Activewear IPO – Other Details

    • Statutory Auditor – B S R & Associates LLP
    • Legal Counsel to the Company – Khaitan & Co
    • Bankers to the Company – Axis Bank Limited, CBB New Delhi, HDFC Bank Limited

    Campus Activewear IPO Verdict by Stock Brokers

    There are no Campus Activewear IPO Review given by the top stock brokers till now. We will update the information soon.

    The company has submitted the preliminary documents and is waiting for receiving the approval. Therefore, we can expect a review from stockbrokers after the approval.


    Campus Activewear IPO – Conclusion

    The second-largest brand in sports and athleisure footwear CAMPUS is all set to urge funds of Rs.1,400.14 crore from the general public by the medium of an IPO.

    The company has maintained its prominence in the market and raised itself to a position of a market leader with approximately 15% market share.

    The investment in the company has the potential to reap good outcomes over time. Therefore, after taking into consideration all the risk and prosperity factors, investors can add Campus Activewear IPO to their investment portfolio.


    To Subscribe to Campus Activewear IPO – Open Demat Account Now!

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      Campus Activewear IPO Review FAQs

      Check out the FAQs on Campus Activewear IPO –

      What is the Issue Size of Campus Activewear IPO?

      The Company is making an initial public offer of 47,950,000 equity shares. They vividly portray the aspects of the issue in this article.

      You can check the stats on the fresh issue, Offer for sale, and net issue.

      What is the Price band of Campus Activewear IPO?

      The price band for this particular IPO ranges between Rs.278 to Rs.292. As far as the face value of the share is of concern, it is Rs.5 per share.

      What is the Campus Activewear IPO Open Date?

      The opening and closing dates for this IPO have been updated. The IPO is set to open on Apr 26, 2022, while the closing date is set at Apr 28, 2022.

      What is the Campus Activewear IPO Allotment Date?

      They also have the news regarding the respective allotment dates of this IPO.

      Basis of Allotment finalization is on May 4, 2022, refund initiation is on May 5, 2022, credit of shares is on May 6, 2022, and share listing date is on May 9, 2022.

      What is the Campus Activewear IPO Listing Date?

      Shares of this company shall be listed in the exchanges May 9, 2022. The date, when the listing would be done, is stagnant on May 9, 2022.

      Who is the Registrar of Campus Activewear IPO?

      One of the reputed registrars is managing the issue of this IPO, i.e. Link Intime India Private Limited. Their website will help you regarding the further information you are on the lookout for.

      Who is the Promoter of Campus Activewear IPO?

      Here are the promoters of this IPO – HARI KRISHAN AGARWAL AND NIKHIL AGGARWAL. You can refer to the RHP for further information on the promoter. You will find the link to RHP in the article.

      What is the GMP of Campus Activewear IPO?

      They have obtained the GMP of this IPO and it is Rs.60. Further insights of Kostak rate and subject to sauda or SS are as well included in this report.

      Is Campus Activewear IPO good for Investment?

      They have further provided the financial status of the company in this article, from the past few years.

      You can refer to the same, and also check the line of operations they are into and then decide to invest in the IPO.

      What is the PAT of Campus Activewear Company?

      They have the information of company financials, and according to that, they have the figures from the last few years to provide.

      PAT for the financial year 2021 in Million is 268.63, 2020 is 623.69, 2019 is 386.00. PAT from Dec 2021 is 855.83.


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