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Campus IPO: Campus Footwear IPO will open tomorrow, earn profit by investing just Rs 14178! check

Campus IPO Update: If you are also planning to invest money in an IPO, then there is good news for you. Tomorrow i.e. on 26th April, the legendary footwear company Campus Activewear IPO is coming with its IPO. If you also have a plan to invest in this IPO, then before that check that the minimum amount will have to be invested.

Campus Activewear IPO
When will it be open – 26 April 2022
When will the subscription end – 28 April 2022
Price Band – Rs 278-292
Minimum investment – Rs 14178
Lot Size – 51
Issue Size – 1400 Crore

How much will be OFS?
The campus will bring an offer for sale (OFS) of 5.1 crore shares under the IPO. Besides its existing promoters Harikrishna Agarwal and Nikhil Agarwal, investors such as TPG Growth-3 SF Private Limited and QRG Enterprises will also sell their holdings.

18-20 percent is up
According to market experts, at present, the gray market size of the IPO is seen around Rs 60. At the same time, the price band of the IPO is Rs 292. In the gray market, there has been an increase of about 18 to 20 percent in the prices during the last 3 days.

When can the shares come into the account?
Talking about the allotment of IPO, it can happen on May 4. Let us tell you that any investors whose shares will not come in their account, they will start getting refund from 5th May. Apart from this, the shares can be listed in the market on May 9.

Who are the Lead Managers
The book running lead managers of the campus activewear issue are BofA Securities India Limited, JM Financial, CLSA India and Kotak Mahindra Capital Company. After the listing, the company will compete with companies like Bata India, Relaxo Footwears, Khadim India, Liberty Shoes, Metro Brands and Mirza International.

What is the business of the company?
Talking about the company’s business, it is India’s largest sports and athletic footwear brand. Through this IPO, the company will expand its business. The company focuses on in-house designing and has a strong supply chain network.

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