Campus Activewear IPO: 87% Subscribed on April 26

Campus Activewear is the largest sports and athleisure footwear brand in India and the company making its debut in the share market.

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The initial public offering of Campus Activewear opens today (April 26) and gets 87% subscribed on day 1.

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The retail portion gets subscribed 1.48 times, while non-institutional investors bid for 52 percent of their quota.

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The company has issued an IPO size of 3.36 crore shares, intending to raise Rs 1,400 crore through its public issue.

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The IPO will close on April 28 and the price band for the offer is set between Rs 278 and 292 per share.

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Campus has the largest market coverage for sports and athleisure footwear among key sports and athleisure footwear brands.

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