Campus Activewear Ltd IPO

Campus Activewear Ltd IPO

Company Background

Campus is India’s largest sports and athleisure footwear brand in terms of value and volume in Fiscal 2021. Campus was introduced in 2005 as a lifestyle-oriented sports and athleisure brand that offers a diverse product portfolio for the entire family. The brand offers multiple choices across styles, color palettes, price points and an attractive product value proposition.

Business Information

As of 30 September 2021, they have an in-house design team of 49 employees that are based out of India. They are very fast and efficient in launching their products and take between 120 to 180 days. In FY21, they launched 583 new designs. Their entire product portfolio consists of 1,274 active styles for men, 190 styles for women and 423 styles for women and children as on 30 September 2021. They sold 7.05 million pairs of shoes as on 30 September 2021.
 
Facts about the company
  • Company had an approximately 15% market share in the branded sports and athleisure footwear industry in India by value for Fiscal 2020, which increased to approximately 17% in Fiscal 2021.
  • Campus is one of the very few established Indian brands in a segment which is primarily dominated by international brands.
  • Company is also, one of the most relevant brands in this segment, covering more than 85% of the total addressable market for sports and athleisure footwear in India as of Fiscal 2021.
Points to note before investing in  Campus Activewear Ltd IPO 
  • Company is the largest sports and athleisure footwear brand in India, both in terms of value and volume in Fiscal 2021.
  • Company is the fastest growing scaled sports and athleisure footwear brand (being brands with over ₹ 2 billion of revenue in Fiscal 2019) in India over Fiscal 2019 to Fiscal 2021)
  • They have a robust supply chain and a very difficult to replicate integrated manufacturing capabilities
  • Any failure to keep up with the constantly changing trends and to effectively promote and further develop the brand, will materially affect the business and its operations
  •   The industry that the company operates in is highly competitive and any failure in effective competition will adversely affect the financials and operations
  • They have a very strong brand recognition and a very successful marketing approach.
GMP (Gray Market Premium)
  • Today the GMP of the campus is betwee Rs.50- Rs 60 

IPO Opening Date
April 26, 2022
IPO Closing Date
April 28, 2022
Issue Type
Book Built Issue IPO
Face Value
₹5 per equity share
IPO Price
₹278 to ₹292 per equity share
Market Lot
51 Shares
Min Order Quantity
51 Shares
Listing At
BSE, NSE
 
Allotment, Listing and Refunds details

Basis of Allotment Date
May 4, 2022
Initiation of Refunds
May 5, 2022
Credit of Shares to Demat Account
May 6, 2022
IPO Listing Date
May 9, 2022
 
 
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