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Campus Activewear IPO Opens April 26: Check Details
The issue of Campus Activewear will open for public subscription on April 26 and close on April 28. The IPO is a complete offer for sale in which the shareholders and promoters together will pare off 47.95 million shares.
The OFS includes up to 8 million shares by Hari Krishna Agarwal, up to 4.5 million shares by Nikhil Aggarwal, 29.1 million shares by TPG Growth III SF Pte Ltd, and 6.05 million shares by QRG Enterprises Ltd.
The allotment of shares will be made on May 4, and the firm plans to list on exchanges on May 9.
As of now promoters have a 78.21% stake in the company, while TPG Growth and QRG own 17.19% and 3.86% stake, respectively.
The company introduced the Campus brand and it is primarily a lifestyle sports andathleisure footwear company that is into offering a diverse product portfolio.
BofA Securities India Limited, JM Financial, CLSA India and Kotak Mahindra Capital Company are the lead managers of the issue.
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