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Campus Activewear IPO - Listing Date, GMP & Subscription

Campus Activewear Ltd IPO listing date: May 9, 2022 on NSE, BSE. Listed at 292 (+0.0%) vs issue price of ₹292. Subscribed 51.75x overall (QIB: 100.89x). Price band: ₹278-₹292, lot size 51 shares.

sHQ
stoicHQ Research Team · Ex-quants, IIT Delhi · Updated May 8, 2022

Key Dates

IPO Open DateApr 26, 2022
IPO Close DateApr 28, 2022
Allotment DateMay 4, 2022
Refund DateMay 6, 2022
Demat Credit DateMay 7, 2022
Listing DateMay 9, 2022

Issue Details

Price Band₹278-₹292
Issue Price₹292
Face Value₹5
Lot Size51 shares
Min Investment₹14,892
Issue Size₹2,235 crore
Listing ExchangeNSE, BSE
RegistrarLink Intime India
IPO TypeMainboard

stoicHQ Analysis

Market leader in Indian sports footwear
100x QIB subscription
Flat listing in weak market
High OFS component

About Campus Activewear Ltd

Campus Activewear is India's largest sports and athleisure footwear brand by revenue, with 75+ million pairs sold annually across 460+ cities.

Subscription Breakdown

Overall Subscription51.75x
QIB (Institutional)100.89x
NII (HNI)58.16x
Retail15.59x
Listing Price
292
Listing Gain
0.0%
Issue Price
292

stoicHQ Analysis

Flat listing despite 51x overall subscription, due to market weakness in May 2022. Strong QIB demand (100x) indicated institutional conviction in the athleisure thesis, but retail investors saw no immediate gains on listing day.

Consumer / Footwear2022All 2022 IPOs

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Campus Activewear IPO GMP - Historical Grey Market Premium

GMP is an unofficial market price. For educational purposes only.

DateGMP (₹)KostakImplied Gain
May 8, 20220-0.0%
May 4, 20220₹500.0%
Apr 30, 2022+2₹100+0.7%
Apr 28, 2022+5₹150+1.7%
Apr 26, 2022+12₹250+4.1%
Apr 23, 2022+18₹350+6.2%
Apr 20, 2022+10₹200+3.4%

Campus Activewear IPO Subscription Status - Day Wise

DayOverallQIBNII (HNI)Retail
Day 1 (Apr 26)5.04x0.00x2.64x7.02x
Day 2 (Apr 27)22.18x22.54x15.73x27.04x
Day 3 (Apr 28)51.75x100.89x58.16x15.59x

Anchor Investors

Fidelity Funds₹100 crore
HDFC Mutual Fund₹85 crore
Mirae Asset Mutual Fund₹72 crore
SBI Mutual Fund₹65 crore
Nippon India Mutual Fund₹55 crore

Campus Activewear Ltd - Financials at IPO

YearRevenuePATNet Margin
FY20₹853 crore₹62 crore7.3%
FY21₹924 crore₹80 crore8.7%
FY22₹1,108 crore₹108 crore9.7%

Listed Peers - Consumer / Footwear

Metro BrandsFootwear
+30.2% listing
Bata IndiaFootwear
Relaxo FootwearsFootwear

Frequently Asked Questions

When did Campus Activewear IPO list?
Campus Activewear IPO listed on May 9, 2022 on NSE and BSE at ₹292, flat at the issue price of ₹292, a 0% listing gain. The flat listing was due to weak market conditions in May 2022 despite strong subscription.
What was the Campus Activewear IPO GMP today?
Campus Activewear is already listed and no longer has an active GMP. The grey market premium (GMP) at the time of listing was near zero after starting at ₹18 during early subscription. The final listing at ₹292 matched the issue price.
What was Campus Activewear IPO subscription status?
Campus Activewear IPO was subscribed 51.75x overall. QIB subscription was very strong at 100.89x, NII (HNI) was 58.16x, and retail was 15.59x. Day 1 subscription was 5.04x, Day 2 was 22.18x, and Day 3 was 51.75x.
What is the Campus Activewear IPO allotment date?
The allotment date for Campus Activewear IPO was May 4, 2022. Refunds were processed on May 6, 2022 and demat credit was on May 7, 2022. Listing was on May 9, 2022.
How to check Campus Activewear IPO allotment status?
Campus Activewear IPO allotment is now closed. The registrar was Link Intime India. To verify past allotment, visit linkintime.co.in, select Campus Activewear IPO, and enter your PAN or application number.
What does Campus Activewear sell?
Campus Activewear is India's largest sports and athleisure footwear brand by revenue, selling running shoes, casual sneakers, and sports footwear. It sells 75+ million pairs annually across 460+ cities through retail stores and e-commerce channels.

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