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Campus Activewear makes positive opening with 22% premium on the BSE

09 May 2022 Evaluate

Campus Activewear has debuted at Rs 355.00 on the BSE, up by 63 points or 21.58% from its issue price of Rs 292.

The scrip is currently trading at Rs 343.00, up by 51.00 points or 17.47% from its issue price. It has touched a high and low of Rs 364.80 and Rs 339.00 respectively. So far 5.20 lakh shares were traded on the counter.

The offering, which was open for subscription between April 26, 2022 and April 28, 2022, was subscribed 51.75 times on the last day of the bidding. The issue price was fixed at Rs 292 per share i.e. at upper end of price band of Rs 278-292 apiece.

Campus Activewear manufactures and distributes a variety of footwear like Running Shoes, Walking Shoes, Casual Shoes, Floaters, Slippers, Flip Flops and Sandals in multiple colours and styles at affordable prices.


Peers
Company Name CMP
Bata india 621.00
Relaxo Footwears 291.60
Campus Activewear 211.15
Liberty Shoes 225.90
Superhouse 160.60
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