Campus Activewear shares debut with over 23% premium


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Campus Activewear shares debut with over 23% premium

The preliminary public provide of Campus Activewear was subscribed 51.75 instances final month

Representative Image. Credit: iStock Photo

Shares of athleisure footwear firm Campus Activewear Ltd made a wholesome market debut on Monday, leaping over 23 per cent, towards the problem value of Rs 292.

The inventory listed at Rs 355, registering a premium of 21.57 per cent, towards the problem value on the BSE. It additional zoomed 26 per cent to Rs 368.

On the NSE, it made its debut at Rs 360, a bounce of 23.28 per cent over its difficulty value.

The preliminary public provide of Campus Activewear was subscribed 51.75 instances final month.

Value vary for the IPO was at Rs 278-292 per share.

Campus Activewear launched the model ‘Campus’ in 2005 and gives a various product portfolio for all the household.

In the meantime, the 30-share BSE Sensex was buying and selling 649.77 factors or 1.18 per cent decrease at 54,185.81, whereas the NSE Nifty additionally tumbled 185.25 factors or 1.13 per cent to 16,226.00.

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