Campus Activewear IPO: Athleisure brand Campus Activewear Limited saw a good sign-up rate from investors who responded well to the three-day public offering. The Campus Activewear IPO was subscribed 51.75 times over the 3.36 crore shares offered during the subscription period of April 26-28, 2022. The issuance was a complete offering for sale (OFS) of 4.79 crore shares by promoters and shareholders of the company, through which the selling shareholders would like to fetch Rs 981 crore.
If you’ve invested in Campus Activewear IPO, you’ll be able to check the share allocation status on Wednesday. There are two ways to check the status of the share allotment application — 1) through BSE, 2) through the IPO Registrar’s website. Once the shares have been allocated, the ineligible investors will get their money back on Thursday. The shares will be credited to the demat accounts of eligible investors on May 6.
How to Check Campus Activewear IPO Assignment Status through BSE Website?
a) Go to the official BSE website. Via the URL (https://www.bseindia.com/investors/appli_check.aspx).
b) Select the issue type ‘equity’ and the issue name ‘Campus Activewear’
c) Enter an application number or PAN number
d) Finally, check the box (I’m not a robot) and click the ‘search’ button to see if you won the bid
How to Check Campus Activewear IPO Assignment Status from Registry’s Website
a) Visit the Link Intime India website using the URL: (https://www.linkintime.co.in/IPO/public-issues.html)
b) Select the company name ‘Campus Activewear Limited – IPO’
c) Select the option and enter ‘PAN’ or ‘Application Number’ or ‘DP Client ID’ accordingly
d) Once this is done, the last step is to click on the ‘Search’ button and your IPO status will be visible
It should be noted that you can only view the status of the Campus Activewear IPO assignment if the same has been done.
Campus Activewear GMP today
According to IPO Watch, Campus Activewear shares are trading at a premium of Rs 95 in the gray market today. Campus Activewear IPO GMP is currently Rs 95 which is the same as yesterday. Since Campus Activewear IPO GMP today is Rs 95, it means that the gray market expects a Campus Activewear IPO listing around Rs 387 (Rs 292 + Rs 95), about 32 percent higher than the Campus Activewear IPO price band of Rs 278 to Rs. 292 per share.
Company details
Campus Activewear Ltd. (Campus) is one of the largest sports and athleisure footwear brands in India in terms of value and volume in FY21. Campus manufactures and distributes a variety of footwear, such as running shoes, hiking shoes, casual shoes, floats, slippers, flip-flops, and sandals, at affordable prices. It held approximately 15% market share in India’s sports and athleisure footwear industry by value for FY20, rising to ~17% in FY21. It is also the fastest growing sports and athleisure footwear brand in India from FY19 to FY21.
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