Finally most awaited Campus Activewear IPO today gmp hit the market with 20% listing gains. as soon dates will be closed to listing gmp could be increased to 50% if the market will be in bullish mode during listing days.
Lot Activewear IPO ( Original Public Offering) is going to open on 26th April 2022 and it’ll remain open for subscribers till 28th April 2022. Still, the slate request has formerly started motioning in regard to the public issue worth ₹1400.14 crores. As per the request of spectators, Lot Activewear’s share price is quoted at decoration of ₹ 60 in slate request moment. They said that Lot Activewear IPO GMP has risen from ₹ 53 and it indicates that the slate request is awaiting a strong response from the public issue.
Campus Activewear IPO GMP
Request spectators said that Lot Activewear IPO GMP ( slate request decoration) moment is ₹ 60, which is ₹ 7 advanced from its history’s slate request decoration of ₹ 53. Spectators went on to add that slate request decoration of Lot Activewear IPO has been oscillating around 18 to 20 per cent for the last three days that signalling a strong response for the IPO when it opens. They said that despite weakness in secondary requests, slate request sentiment in regard to Lot Activewear IPO has remained more or less the same reflects further shaft in Lot Activewear IPO GMP formerly there’s a trend reversal in stock request.
Campus activewear is one of the largest sports and athleisure footwear brands in India. Company Covering around 17% market share in last years. One of the very few established Indian brands in a segment that is primarily dominated by international brands. Company Digital sales increased from 20 crores to 400 crores in the last 5 years. This time promoters hold a 78.21% stake in the company. The company have around 100 exclusive brand stores, Around 65 company-owned, and others are on a franchise model. The Company added 190 new distributors & 53 distributors in FY 22. Around 75% of sales come from non-metro cities and tier-I regions contribute the rest.
Campus Active Wear Today Latest GMP
Today GMP of Campus IPO is 100 rupees and expecting 20% listing gains.
Campus Active Wear Important Dates:
|IPO Open:||26 April 2022|
|IPO Close:||28 April 2022|
|IPO Size:||Approx ₹1,394 Crores|
|Fresh Issue:||Approx ₹[.] Crores|
|Offer for Sale:||Approx 47,950,000 Equity Shares|
|Face Value:||₹10 Per Equity Share|
|Price Band:||₹278 to ₹292 Per Share|
|Listing on:||BSE & NSE|
|DRHP Draft Prospectus:||Click Here|
|RHP Draft Prospectus:||Click Here|
The Campus Activewear IPO minimum market lot is 51 shares with ₹14,892 application amount. The retail investors can apply up-to 13 lots with 663 shares or ₹193,596 amount.
|Minimum Lot Size:||Minimum 51 Shares for 1 lot|
|Minimum Amount:||₹14,892 for 1 lot|
|Maximum Lot Size:||Maximum 663 Shares for 13 lot|
|Maximum Amount:||₹193,596 for 13 lot|
Hari Krishan Agarwal and Nikhil Aggarwal are the company promoters.
|Particulars||For the year/period ended (Rs in Millions)|
|Profit After Tax||848.04||168.46||268.63||623.69||386.00|
Campus Activewear IPO Review
We strongly recommended a subscription to IPO, the company has good financial numbers, good promoters and good forecast. so stockswithgeeks has a good review for the company. we are also expecting at least a 20% return from listing gains and share could double in next 2 to 3 years.