Campus Activewear, based in Delhi, launched the ‘Campus' brand in 2005.
It has a broad product range for the whole family.
The IPO received strong demand from April 26-28, 2021. On the last day it got 51.75 times subscribers.
Campus Activewear's debuted on 9 May 2022, stock rose over 23% today, a good start for the athleisure footwear maker.
On the NSE, the scrip began at Rs 360.00, up 23.29 per cent from the issue price of Rs 292, while on the BSE, it opened at Rs 355.00, up 21.58 per cent.
At 11:05 AM it was trading at Rs 373.05 on the BSE, up 27.76% from the issue price, and at Rs 372.50 on the NSE.
The BSE reported a market capitalisation of Rs 11,337.67.
The NSE has seen over 3.16 crore shares of Campus Activewear traded, while the BSE has seen around 17.20 lakh shares.
Campus Activewear is India's largest sports and athleisure footwear brand, with integrated manufacturing and distribution facilities. The company's strong fundamentals and business model allowed it to successfully list in a volatile market. Existing and new investors should buy this stock for the long term.