Campus Activewear Shares Jump 23% On Debut Listing

Shares of Campus Activewear Started With a Premium Over 23 Pcs

New Delhi:

Shares of athletic footwear company Campus Activewear Ltd made a good start in the market with a jump of over 23 per cent against the issue price of Rs 292 on Monday.

The stock got listed at Rs 355, registering a premium of 21.57 per cent over the issue price on BSE. It rose 26 per cent to Rs 368.

On NSE, it made its debut at Rs 360, which is 23.28 per cent higher than its issue price.

Last month, the initial public offering of Campus Activewear was subscribed 51.75 times.

The price range for the IPO was Rs 278-292 per share.

Campus Activewear introduced the ‘Campus’ brand in 2005 and offers a diverse product portfolio for the entire family.

Meanwhile, the 30-share BSE Sensex was trading 649.77 points or 1.18 per cent lower at 54,185.81, while the NSE Nifty was also trading 185.25 points or 1.13 per cent lower at 16,226.00.


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