Ready to start his journey in Dalal Street on May 9. The biggest brand of sports shoes and athleisure in India will be registered with both National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) at 10 am on Monday. The public problem of RS 1,400-Crore received a star response from investors even during unstable markets. Campus Activewear IPO ordered 51.75 times when opened for subscription. Investors submitted an offer for 174.02 CRORE equity shares to the size of the ACTIVEAR Campus Offer of 3.36 CRORE Equity shares.
Campus Activewear Prime General (IPO) was opened to subscribe from April 26-28. The price of the price for Campus Activewear IPO is determined in RS 278-292 per share. At the top end of the band price, the company aims to collect around 1,400 Crore Hospital through its public offer. IPO is entirely an offer for sale by investors and promoters, the company will not receive money from offers for problems for sale. Anchor investor collects RS 418.3 Crore before the opening of the campus active clothing IPO.
Activewear IPO GMP campus
The Activewear Share campus descended to RS 60 at the Abu -bu market during the weekend. Previously, the campus activity shares were traded at RS 95 in May, according to data shared by IPO Watch. Sales in the secondary market have pushed the gray market premium from the Activewear campus for the past few days.
Status subscribe to IPO Activewear campus
The Activewear campus took extraordinary responses from institutional investors who met the requirements. The part set aside for them was ordered 152.04 times. Non-Institutional Investors offered the Activewear campus 22.25 times during the offer. The quota of retail investors subscribed 7.68 times while the employee section ordered 2.11 times
Campus Activewear IPO: How much is expected to register?
We can see the acquisition of a decent premium list of around 15-18 percent in the campus debut despite high volatility in market sentiment because the brand enjoyed a virtual monopoly in the sports clothes and footwear segments supported by bright prospects in front with increasing market share. This offer is also respected by all types of investor categories that provide support for better list prospects, “said Prashanth Tapse, VP Research & Research Analyst
Considering a decent response from a strong investor and premium in an unofficial market, experts predict the benefits of a strong list for campus active clothing IPOs. “The Activewear footwear campus, receives a good response from investors during the subscription period. This company is a monopoly in branded sports and athleisure footwear in India. As long as Pandemi also maintains its operations at the dirty level and is now ready for good expansion. This problem can be considered for long -term list and ownership benefits. According to the bidding document, it has shown Indian and Relaxo bricks as registered colleagues who are in PE 366.72 and 101.65 and campus active clothing at P/E 78.49, “said Manoj Dalmia, founder and Director, Private Private Limited.