Campus Activewear mops up Rs 418.3 crore from anchor investors ahead of IPO

  • Date: 25-Apr-2022
  • Source: Money Control
  • Sector:Financial Markets
  • Country:UAE
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Campus Activewear mops up Rs 418.3 crore from anchor investors ahead of IPO



Marquee investors participated in the anchor book included Abu Dhabi Investment Authority, Fidelity Funds, Nomura, Eastspring Investments, HSBC Global Investment Funds and Ashoka India Equity Investment.





April 25, 2022 / 11:05 PM IST





Representative image.



Leading sports and athleisure footwear brand Campus Activewear on April 25 raised Rs 418.3 crore from 32 anchor investors, ahead of its public issue opening. The IPO will open for subscription on April 26.

The company in consultation with merchant bankers has finalised the allocation of 1.43 crore equity shares to anchor investors at a price of Rs 292 per equity share, the higher end of the price band.

Marquee investors participated in the anchor book included Abu Dhabi Investment Authority, Fidelity Funds, Nomura, Eastspring Investments, HSBC Global Investment Funds, Ashoka India Equity Investment Trust, IMCO Emerging Markets, Invesco, GMO Emerging Domestic Opportunities Fund, CLSA, NVIT Emerging Markets, Affin Hwang, Societe Generale, and Goldman Sachs.

Also read - Campus Activewear IPO open tomorrow | 10 key things to know before subscribing public issue

Domestic investors including HDFC Trustee, ICICI Prudential, HDFC Life Insurance Company, Nippon Life, Aditya Birla Sun Life, Franklin India, Motilal Oswal MF, and DSP MF also invested in the company via