Campus Activewear was incoporated on September 24, 2008. The company is a sports and athleisure footwear brand in India. The company introduced the brand ‘CAMPUS’ in 2005 and is a lifestyle-oriented sports and athleisure footwear company that offers a diverse product portfolio for the entire family.
| Bidding Dates |
|---|
| 26 Apr 2022 - 28 Apr 2022 |
| Subscription |
|---|
| 51.75x Oversubscribed |
| Minimum Investment | Minimum Lot | Maximum Lot | Lot Size | Number of Shares | Issue Price Band | Post Issue Promoter Holding % | Issue Size | IPO Document |
|---|---|---|---|---|---|---|---|---|
| ₹14,892 | 1 | 13 | 51 | 48.0 M | ₹278 - ₹292 | 84.24 % | ₹13330.1 M - ₹14001.4 M | RHP DOC |
Campus Activewear IPO SUBSCRIPTION STATUS
28 Apr '22Campus Activewear IPO overall subscription rate was 51.75 times the total available shares
Campus Activewear IPO retail subscription rate was 7.68 times in the retail segment
Campus Activewear IPO non-institutional investor subscription rate was 22.25 times in the non-institutional investor category
Campus Activewear IPO Qualified Institutional Bidder subscription rate was 152.04 times the available shares for Qualified Institutional Bidder
Campus Activewear IPO Employees subscription rate was 2.11 times in the Employees category
| Day | Retail Individual Investor | HNI (NII) Investors | Qualified Institutional Buyers | Employees |
|---|---|---|---|---|
| Category Reservation | 35% | 15% | 2% | - |
28 Apr 2022 (Day 3) | 7.68x | 22.25x | 152.04x | 2.11x |
27 Apr 2022 (Day 2) | 3.94x | 5.67x | 0.13x | 1.42x |
26 Apr 2022 (Day 1) | 1.88x | 1.32x | 0.09x | 0.68x |
Campus Activewear FINANCIALS
| Period | Net Profit (Rs in millions) | Revenue from operations (Rs in millions) | Cash Flow from operations (Rs in millions) | Free Cash flow (Rs in millions) | Margins |
| FY19 | 386.00 | 5,948.73 | 544.13 | 255.73 | 17.12% |
| FY20 | 623.69 | 7,320.43 | 994.81 | -100.52 | 18.90% |
| FY21 | 268.63 | 7,112.84 | 1,243.06 | 693.17 | 16.84% |
| 9MFY21 | 168.46 | 4,361.75 | 719.65 | 332.52 | 12.45% |
| 9MFY22 | 848.04 | 8,418.44 | -2.77 | -213.83 | 19.63% |
Campus Activewear IPO SUBSCRIPTION STATUS DETAILS
Campus Activewear had 48.0 M shares on offer
Campus Activewear IPO offer price was in the range ₹278 - ₹292
Campus Activewear IPO minimum Investment was ₹14892
Campus Activewear IPO issue size was ₹ 13330.1 M - ₹ 14001.4 M
Campus Activewear had a minimum lot size of 51 Shares per application
Campus Activewear NUMBER OF SHARES ON OFFER
Campus Activewear IPO IMPORTANT DATES
| Issue Open Date | 26 Apr 2022 |
| Issue close Date | 28 Apr 2022 |
| Allotment Date | 04 May 2022 |
| Refund Date | 05 May 2022 |
| Demat Account Credit Date | 06 May 2022 |
| Listing Date | 09 May 2022 |
| Listing on Exchange(s) | NSE and BSE |
| Campus Activewear Allotment Status | Exchange |
Campus Activewear IPO subscription opened on 26 Apr 2022, and closed on 28 Apr 2022
IPO allotment for Campus Activewear was finalized on Wednesday, 04 May 2022
IPO listing for Campus Activewear was on NSE and BSE on Monday, 09 May 2022
Campus Activewear IPO LISTING GAINS
| Issue Price (adjusted) | 292.0 |
| Listing Open Price | 360.0 |
| Listing Close Price | 378.6 |
| Listing Gain% | 23.3% |
| Current Gain% | -23.2% |
Campus Activewear Peer
| Stock | Stock Price | Market Cap (Rs crore) | PE TTM | PEG TTM | PS TTM | ROE% | ROA% | Annual Revenue (Rs crore) | Annual Revenue Growth % | Annual Net Profit (Rs crore) | Annual Net Profit Growth % | EPS TTM | EPS TTM Growth % |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Campus Activewear Ltd. | 224.4 | 6828.2 | 44.5 | 1.5 | 3.8 | 16.6 | 10.2 | 1797 | 11.8 | 150.1 | 23.9 | 5 | 30.5 |
| Metro Brands Ltd. | 972.5 | 26507 | 65.2 | 4.8 | 9 | 20.6 | 10.2 | 2967.8 | 14.1 | 411.2 | 17.3 | 14.9 | 13.7 |
| Relaxo Footwears Ltd. | 423.4 | 10541.3 | 58.8 | 11.2 | 3.9 | 8.1 | 6.1 | 2748.4 | -2.4 | 179.3 | 5.2 | 7.2 | 5.2 |
| Bata India Ltd. | 720.5 | 9260.4 | 69 | -1.2 | 2.6 | 8.4 | 3.6 | 3594.7 | 1.1 | 134.2 | -59.4 | 10.4 | -59.4 |
| Redtape Ltd. | 140 | 7737.6 | 32.2 | 0.8 | 3.2 | 23.6 | 10.4 | 2551.6 | 24.3 | 240.6 | 41.5 | 4.4 | 41.3 |
| Sreeleathers Ltd. | 216.5 | 501.4 | 17.4 | 0.6 | 2 | 5.8 | 5.4 | 254.6 | 15 | 28.7 | 27.3 | 12.4 | 27.3 |
Campus Activewear INFORMATION ON IPO ISSUE
About Campus Activewear
Campus Activewear was incoporated on September 24, 2008. The company is a sports and athleisure footwear brand in India. The company introduced the brand ‘CAMPUS’ in 2005 and is a lifestyle-oriented sports and athleisure footwear company that offers a diverse product portfolio for the entire family.
Object of the Issue
1. To achieve the benefits of listing the Equity Shares on the Stock Exchanges and the offer for sale of up to 47,950,000 Equity Shares by the Selling Shareholders in the Offer
Campus Activewear - PROMOTERS
| Name |
|---|
| Hari Krishan Agarwal |
| Nikhil Aggarwal |
Campus Activewear Book Running Lead Managers
JM Financials
cal.ipo@jmfl.com
BofA Securities India
dg.Campus_ipo@bofa.com
CLSA India
campus.ipo@clsa.com
Kotak Mahindra Capital Company
Campus.ipo@Kotak.com
Campus Activewear Registrar to the Offer
Link Intime India
campus.ipo@linkintime.co.in
Campus Activewear 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
Campus Activewear Risks
There have been volatile fluctuations in the revenues and financial parameters such as profit after tax margin, Earnings before interest, taxes, depreciation and amortization margin and Gross margin in the past.
The company is reliant on its trade distribution and direct-to-consumer channels for a majority of sale
The sports and athleisure footwear industry is highly competitive
The business is affected by seasonality
IPO FAQs
The promoters of the company are Hari Krishan Agarwal and Nikhil Aggarwal.
The category allocation of qualified institutional buyers is 2.0%, the category allocation of non individual investors or high networth individuals is 15.0% and for retail investors it is 35.0%.
The price band of the IPO is Rs 278.0 - 292.0.
The IPO application opens on Apr 26, 2022 and closes on Apr 28, 2022.
The minimum lot size for the IPO is 51. The maximum lot size for the IPO is 663.
For all category investors, the minimum application amount for this IPO is Rs. 14,892.0, the maximum value for this IPO is Rs 193,596.0.
This IPO will be allotted on May 04, 2022.
The refund will be credited to your account on May 05, 2022.
The allotted shares will be credited to your demat on May 06, 2022.
Campus Activewear Ltd.’s shares listed on the stock exchanges on May 09, 2022.