Campus Activewear Limited IPO Detail
Incorporated in 2005, Campus Activewear Limited is India's largest sports and athleisure footwear brand. The company manufactures and distributes a variety of footwear like Running Shoes, Walking Shoes, Casual Shoes, Floaters, Slippers, Flip Flops and Sandals, available in multiple colours, styles and at affordable prices. Campus Activewear sells its products through online platforms and offline stores.
Campus Activewear Limited has a pan-India trade distribution network, with over 400 distributors in 28 states and 625 cities. The company also has 18,200 retailers across India.
The company owns and operates five manufacturing facilities across India with an installed annual capacity for assembly of 25.60 million pairs as of September 30, 2021.
Competitive Strengths:
- India's largest sports and athleisure footwear brand and fastest growing scaled sports and athleisure footwear brand.
- 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.
- Robust omnichannel sales and distribution network with pan-India presence and move to premium category.
- Strong brand recognition, innovative branding and marketing approach.
- The experienced management team.
Company Promoters
Hari Krishan Agarwal and Nikhil Aggarwal are the company promoters.IPO Details
| IPO Opening Date | Apr 26, 2022 |
| IPO Closing Date | Apr 28, 2022 |
| Issue Type | Book Built Issue IPO |
| Face Value | ₹5 per equity share |
| IPO Price | ₹278 - 292 per equity share |
| Market Lot | 51 Shares |
| Min Order Quantity | 51 Shares |
| Listing At | BSE, NSE |
| Issue Size | ₹1,400.14 Cr |
| Fresh Issue | - |
| Offer for Sale | 47,950,000 Eq Shares of ₹5 |
| Employee Discount | ₹27 per equity share |
| Retail Portion | 35% |
IPO Subscription (Bidding Detail)
| AS On | QIB | SHNI | BHNI | NII | RII | TOTAL |
|---|---|---|---|---|---|---|
| Day 1 | 0.08x | - | - | 1.32x | 1.89x | 1.24x |
| Day 2 | 0.13x | - | - | 5.67x | 3.94x | 3.21x |
| Day 3 | 152.05x | - | - | 22.25x | 7.68x | 51.75x |
IPO Tentative Timetable
The Campus Activewear Limited IPO open date is Apr 26, 2022, and the close date is Apr 28, 2022. The issue may list on May 09, 2022.
| IPO Open Date | Apr 26, 2022 |
| IPO Close Date | Apr 28, 2022 |
| Basis of Allotment Date | May 04, 2022 |
| Initiation of Refunds | May 05, 2022 |
| Credit of Shares to Demat Account | May 06, 2022 |
| IPO Listing Date | May 09, 2022 |
IPO Lot Size
The Campus Activewear Limited IPO market lot size is 51 shares. A retail-individual investor can apply for up to 13 lots (663 shares or ₹193596).
| Application | Lots | Shares | Amount (Cut-off) |
|---|---|---|---|
| Minimum | 1 | 51 | ₹14892 |
| Maximum | 13 | 663 | ₹193596 |
IPO Promoter Holding
| Pre Issue Share Holding | 78.21% |
| Post Issue Share Holding | 74.10% |
Company Financials:
For the year/period ended (₹ in Millions)
| Financial Year | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 31-Dec-21 | 8,846.94 | 8,439.46 | 848.04 |
| 31-Mar-21 | 6847.53 | 7150.80 | 268.63 |
| 31-Dec-20 | 6688.38 | 4394.86 | 168.46 |
| 31-Mar-20 | 7192.23 | 7341.15 | 623.69 |
| 31-Mar-19 | 5055.53 | 5966.97 | 386.00 |
Objects of the Issue:
The company will not receive any proceeds from the Offer for Sale.
Campus Activewear Limited IPO Registrar:
Link Intime India Private Ltd
Campus Activewear Limited IPO Lead Manager(s):
JM Financial Consultants Private Limited (Past IPO Performance) BofA Securities India Limited (Past IPO Performance) CLSA India Private Limited (Past IPO Performance) Kotak Mahindra Capital Company Limited (Past IPO Performance)
Company Contact Information:
Campus Activewear Limited
D-1, Udyog Nagar, Main Rohtak Road,
New Delhi
New Delhi
