Campus Activewear IPO Subscribed 51.75 Times On Last Day
NDTV
The initial public offer of athleisure footwear company Campus Activewear was subscribed 51.75 times on the last day of subscription
The initial public offer of athleisure footwear company Campus Activewear was subscribed 51.75 times on the last day of subscription on Thursday, mainly helped by strong interest from institutional buyers.
According to the NSE data, the IPO (Initial Public Offer) got bids for 1,74,02,02,110 shares against 3,36,25,000 shares on offer.
The portion meant for Qualified Institutional Buyers (QIBs) received 152.04 times subscription, while the category for non-institutional investors got subscribed 22.25 times and Retail Individual Investors (RIIs) chunk 7.68 times.
The IPO was entirely an Offer for Sale (OFS) of up to 4,79,50,000 equity shares.