Campus Activewear IPO the footwear brand has filed its DRHP with SEBI and the issue is entirely an offer for sale of equity shares of up to 5.1 Cr equity shares. The footwear brand Campus Activewear has filed Draft Red Herring Prospectus to raise funds via an initial public offering.
Hari Krishan Agarwal, and Nikhil Aggarwal will sell 1.4 Cr equity shares which will be an offer for sale. Investors TPG Growth III SF Pte Ltd will sell 3 Cr equity shares and QRG Enterprises 67 lakh shares. Rajiv Goel, and Rajesh Kumar Gupta are going to sell 3 lakh shares in an offer for sale. All named above are the promoters of the footwear brand.
Established in the year 2008 and renamed Campus Activewear Limited in 2017, is one of the leading sports and athleisure footwear brands in India. The company has a network of 15,000+ multi-brand retail stores, company-owned outlets, and e-commerce portals. For the fiscal year, 2021 Campus Activewear was awarded as the largest sports and athleisure footwear brand in India.
6 Key Things About Campus Activewear
- The company had a 15% market share in the athleisure footwear industry in India in FY20, and it increased to 17% in FY21.
- As of 30 September 2021, the company has a team of 49 employees that are based out of India.
- The footwear brand covered more than 85% of the total market for sports and athleisure in FY21.
- Launched 583 new designs of footwear in the year 2021 and sold 7.05 million pairs of shoes for the same period.
- Campus Activewear has more than 400 distributors and an internal sales force of 153 employees in India.
- Currently, the stake being held by its promoters is 78.21% in its flagship brand Campus, while TPG Growth and QRG Enterprises own 17.19% and 3.86%.
Objectives of Campus Activewear IPO
The main objective is to gain and raise funds from the listing of the company on the stock exchanges and funds for general corporate usages.
Company Financials
|
Particulars |
Q2 (30 Sept 2021) |
FY21 |
FY20 |
FY19 |
|
Revenue |
408.3 Cr |
711.3 Cr |
732 Cr |
594.9 Cr |
|
PAT |
30.86 Cr |
26.87 Cr |
61.6 Cr |
38.41 Cr |
|
EPS (In Rs) |
1.02 |
0.88 |
2.05 |
1.28 |
Campus Activewear IPO Details
| IPO DETAILS | Campus Activewear |
| Issue Period | Opening Date: 2022 Closing Date: 2022 |
| Price Band | ₹ – ₹ per equity share |
| Issue Size | – |
| Face Value | ₹5 per equity share |
| Issue Type | Book built issue |
| Fresh Issue | [.] Eq Shares of ₹5 face value (aggregating up to [.]) |
| Offer for sale | [.] Eq Shares of ₹5 face value (aggregating up to [.]) |
| Listing | NSE and BSE |
| Registrar | Link Intime India Private Limited |
Campus Activewear IPO Timeline
Campus Activewear IPO issue date, issue price, allotment date, and the listing date, and all the details will be announced soon.
| IPO Opens | To be announced |
| IPO Ends | To be announced |
| Allotment Begins | To be announced |
| Refund Initiation | To be announced |
| Allotment Date | To be announced |
| Listing Date | To be announced |
Campus Activewear IPO Lot Size (Retail Individual Investors)
| Applications | Lots | Shares | Amount(Cut-off) |
| Minimum | – | – | – |
| Maximum | – | – | – |
Campus Activewear IPO Investor Category
Campus Activewear IPO has 35% of the net offer under the Retail Category.
| QIB (Qualified Institutional Buyers) | 50% of net offer |
| NII (Non-Institutional Investors) | 15% of net offer |
| RII (Retail Individual Investors) | 35% of net offer |
Campus Activewear IPO Review
Campus Activewear IPO review will be updated as soon as the IPO details and pricing are out. As of now, no such reviews are available. Stay tuned to know about a detailed review soon.
Campus Activewear IPO Book Running Lead Manager(s)
- JM Financial Limited.
- BofA securities India Limited.
- CLSA India Private Limited.
- Kotak Mahindra Capital Company Limited.
Campus Activewear IPO Registrar
- Link Intime India Private Limited is its registrar.
Company Contact Details
Campus Activewear Pvt. Ltd.
D-1, Udyog Nagar, Rohtak Road,
Main Rohtak Road, New Delhi-110041,
Delhi, India.