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News Details

21/04/2022 11:40

Campus Activewear announces launch of initial public offering

Campus Activewear Ltd. has announced public offering of 47950000 shares at a price of Rs 5.00 each for Cash at a Premium of Rs 287.00 per share. The gross proceeds of the issue are expected to be Rs 1,40,014.00 lakhs.

The company's initial public offer (IPO) will open on 26 April 2022 and is expected to close on 28 April 2022, subject to customary closing conditions. The price band of the issue has been fixed at Rs 278.00-292.00 per share.

The IPO includes a fresh Issue of 47950000 Equity Shares of the Company at an price of Rs 292.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 51 shares with bids in multiples of 51.

Campus Activewear Ltd. anticipates using the proceeds of the issue for .

as lead manager & Link Intime India Private Limited is the registrar, to the issue.