Read all the Latest News, Breaking News and IPL 2022 Live Updates here. ![]() ![]() JM Financial, BofA Securities India, CLSA India and Kotak Mahindra Capital Company are the book running lead managers to the IPO. On listing, it will join other listed footwear peers such as Bata India, Relaxo Footwears, Khadim India, Liberty Shoes, Metro Brands and Mirza International. The issue was subscribed 52 times approx mostly fueled by institutional investors. Brokerage houses are advising investors to hold the shares of Campus Activewear for long term horizon. It offers a diverse product portfolio for the entire family. Analysts are saying that Campus Activewear IPO listing gains to return a premium of about 30 to 40 per cent. They said that there can be some more upside possible provided there is a trend reversal in the Indian stock market, when it opens on Wednesday after stock market holiday on Tuesday.Ĭampus Activewear is a Delhi-based footwear firm that introduced the brand ‘Campus’ in 2005. They went on to add that rise in Campus Activewear IPO GMP today can be attributed to a sharp recovery in the secondary market in the late session on Monday. The listing of shares of Campus Activewear is likely to take place on Monday, May 9, 2022, on both the NSE and BSE.Īccording to market observers, Campus Activewear IPO GMP (grey market premium) today is Rs 95, Rs 7 up from its yesterday’s grey market premium of Rs 88. The Campus Activewear IPO will complete the process of refunds to unsuccessful investors and crediting shares in the bank accounts of eligible investors by May 6. Investors who participated in the offer can check their allotment status either on the BSE website or the website of IPO registrar by following three easy steps.Ī) Select issue type ‘equity’ and issue name ‘Campus Activewear’ī) Enter either application number, or PAN numberĬ) Finally, check box (I’m not a robot) and click on ‘search’ buttonĪ) Select company name ‘Campus Activewear Limited - IPO’ī) Select and accordingly enter either ‘PAN’ or ‘Application Number’, or ‘DP Client ID’ The company is supposed to finalise the allotment by Wednesday, May 4, 2022, as per the timeline provided in the red herring prospectus (RHP). Investors are now looking forward to the share allotment date of the Campus Activewear IPO. ![]() Apart from this, the employees’ segment category was subscribed 2.11 times, the data showed. The shares which are to be allocated for the qualified institutional buyers (QIBs) was subscribed 152.04 times, while those of non-institutional investors was subscribed 22.25 times and that of retail individual investors (RIIs) was subscribed 7.68 times. Bidders can check their application status online by logging in at the BSE website or at the website of the official registrar of this IPO.Ĭampus Activewear IPO received bids of over 174.02 crore (1,74,02,02,110) shares against the total issue size of over 3.36 crore (3,36,25,000) shares, data available with the National Stock Exchange (NSE) showed. Campus Activewear IPO: Footwear brand Campus Activewear, which recieved a good response from investors during its subscription period, is now set for the Campus Activewear IPO allotment process, which is most likely tomorrow, May 4, 2022.
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