Bookbuilding IPO | ₹1,400 Cr | Listed at BSE, NSE | Tue, Apr 26, 2022 - Thu, Apr 28, 2022
Campus Activewear IPO is a book build issue of ₹1,399.77 crores. The issue is entirely an offer for sale of 4.80 crore shares of ₹1,399.77 crore.
Campus Activewear IPO bidding started from Apr 26, 2022 and ended on Apr 28, 2022. The allotment for Campus Activewear IPO was finalized on May 4, 2022. The shares got listed on BSE, NSE on May 9, 2022.
Campus Activewear IPO price band is set at ₹292 per share. The lot size for an application is 51. The minimum amount of investment required by an retail is ₹14,892 (51 shares) (based on upper price). The lot size investment for sNII is 14 lots (714 shares), amounting to ₹2,08,488, and for bNII, it is 68 lots (3,468 shares), amounting to ₹10,12,656.
The issue includes a reservation of up to 2,00,000 shares for employees offered at a discount of ₹27.00 to the issue price.
JM Financial Ltd. is the book running lead manager and MUFG Intime India Pvt.Ltd. is the registrar of the issue.
Refer to Campus Activewear IPO RHP for detailed Information.
IPO Open
Tue, Apr 26, 2022
IPO Close
Thu, Apr 28, 2022
Issue Price
₹292 per share
Market Cap (Pre-IPO)
₹8,886.32 Cr
| IPO Date | 26 to 28 Apr, 2022 |
| Listed on | Mon, May 9, 2022 |
| Face Value | ₹5 per share |
| Price Band | ₹278 to ₹292 |
| Issue Price | ₹292 per share |
| Lot Size | 51 Shares |
| Sale Type | OFS only |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Employee Discount | ₹27.00 |
| Total Issue Size | 4,79,50,000 shares (agg. up to ₹1,400 Cr) |
| Offer for Sale | 4,79,50,000 shares of ₹5 (agg. up to ₹1,400 Cr) |
| Share Holding Pre Issue | 30,43,26,004 shares |
| Share Holding Post Issue | 30,43,26,004 shares |
| BSE Script Code / NSE Symbol | 543523 / CAMPUS |
| ISIN | INE278Y01022 |
Campus Activewear IPO offers total 4,79,50,000 shares. Out of which 2,38,75,000 (49.79%) allocated to QIB, 95,50,000 (19.92%) allocated to QIB (Ex- Anchor), 71,62,500 (14.94%) allocated to NII 1,67,12,500 (34.85%) allocated to RII and 1,43,25,000 (29.87%) allocated to Anchor investors.
| Investor Category | Shares Offered | Max Allottees |
|---|---|---|
| QIB Shares Offered | 2,38,75,000 (49.79%) | NA |
| − Anchor Investor Shares Offered | 1,43,25,000 (29.87%) | NA |
| − QIB (Ex. Anchor) Shares Offered | 95,50,000 (19.92%) | NA |
| NII (HNI) Shares Offered | 71,62,500 (14.94%) | NA |
| − bNII > ₹10L | 47,75,000 (9.96%) | 6,687 |
| − sNII < ₹10L | 23,87,500 (4.98%) | 3,343 |
| Retail Shares Offered | 1,67,12,500 (34.85%) | 3,27,696 |
| Employee Shares Offered | 2,00,000 (0.42%) | NA |
| Total Shares Offered | 4,79,50,000 (100.00%) |
Investors can bid for a minimum of 51 shares and in multiples thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 51 | ₹14,892 |
| Retail (Max) | 13 | 663 | ₹1,93,596 |
| S-HNI (Min) | 14 | 714 | ₹2,08,488 |
| S-HNI (Max) | 67 | 3,417 | ₹9,97,764 |
| B-HNI (Min) | 68 | 3,468 | ₹10,12,656 |
Campus Activewear IPO raises ₹418.29 crore from anchor investors. Campus Activewear IPO Anchor bid date is April 25, 2022.
📝 Anchor Investors Letter (PDF)
| Bid Date | Mon, Apr 25, 2022 |
| Shares Offered | 1,43,25,000 |
| Anchor Portion (₹ Cr.) | 418.29 |
| Anchor lock-in period end date for 50% shares (30 Days) | Fri, Jun 3, 2022 |
| Anchor lock-in period end date for remaining shares (90 Days) | Tue, Aug 2, 2022 |
| Application Category | Maximum Bidding Limits | Bidding at Cut-off Price Allowed |
|---|---|---|
| Only RII | Up to Rs 2 Lakhs | Yes |
| Only sNII | Rs 2 Lakhs to Rs 10 Lakhs | No |
| Only bNII | Rs 10 Lakhs to NII Reservation Portion | No |
| Only employee | Yes | |
| Employee + RII/NII |
|
Yes for Employee and RII/NII |
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:
| Period Ended |
|---|
| Amount in ₹ Crore |
| KPI | |
|---|---|
| ROE | 8.99 |
| ROCE | 20.72 |
| Debt/Equity | 0.43 |
| RoNW | 8.6 |
| PAT Margin | 4.00% |
| EBITDA Margin | 16.84% |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (₹) | 0.88 | |
| P/E (x) | 78.49 | |
| Promoter Holding | 78.21% | 74.1% |
| Market Cap | ₹8,886.32 Cr. |
The Campus Activewear IPO is subscribed 51.75 times on April 28, 2022 5:00:00 PM (Day 3). The public issue subscribed 7.68 times in the retail category, 152.04 times in the QIB category, and 22.25 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) | Shares Offered | Shares bid for |
|---|---|---|---|
| QIB | 152.04 | 95,50,000 | 1,45,20,09,525 |
| NII | 22.25 | 71,62,500 | 15,93,89,790 |
| Retail | 7.68 | 1,67,12,500 | 12,83,81,331 |
| Employee | 2.11 | 2,00,000 | 4,21,464 |
| Total | 51.75 | 3,36,25,000 | 1,74,02,02,110 |
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Book Running Lead Managers’ fees | 39.64 |
| 2 | Commission/processing fee for SCSBs, Sponsor Bank and Bankers to the Offer. Brokerage and selling commission and bidding charges for Members of the Syndicate, Registered Brokers, RTAs and CDPs | 10.74 |
| 3 | Fees payable to Registrar to the Offer | 1.89 |
| 4 | Fees payable to the other advisors to the Offer (including fees for legal counsels) | 14.75 |
| 5 | SEBI filing fees, upload fees, BSE and NSE processing fees, book building software fees and other regulatory expenses | 5.32 |
| 6 | Advertising, Marketing, Printing and Stationery Expenses | 11.09 |
| 7 | Miscellaneous | 2.95 |
| Price Details | BSE | NSE |
|---|---|---|
| Final Issue Price | ₹292.00 | ₹292.00 |
| Open | ₹355.00 | ₹360.00 |
| Low | ₹336.80 | ₹337.00 |
| High | ₹417.70 | ₹418.00 |
| Last Trade | ₹378.60 | ₹378.90 |
Campus Activewear IPO is a main-board IPO of 4,79,50,000 equity shares of the face value of ₹5 aggregating up to ₹1,400 Crores. The issue is priced at ₹292 per share. The minimum order quantity is 51.
The IPO opens on Tue, Apr 26, 2022, and closes on Thu, Apr 28, 2022.
MUFG Intime India Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
Zerodha customers can apply online in Campus Activewear IPO using UPI as a payment gateway. Zerodha customers can apply in Campus Activewear IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Campus Activewear IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Campus Activewear IPO opens on Tue, Apr 26, 2022 and closes on Thu, Apr 28, 2022.
Campus Activewear IPO lot size is 51, and the minimum amount required for application is ₹14,892.
You can apply in Campus Activewear IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Campus Activewear IPO will be done on Wednesday, May 4, 2022, and the allotted shares will be credited to your demat account by Fri, May 6, 2022. Check the Campus Activewear IPO allotment status.
The Campus Activewear IPO listing date is on Mon, May 9, 2022.
