 "ipo")
Campus Activewear’s initial public offering (IPO) garnered 51.75 times, generating bids worth over Rs 50,000 crore on the last day of issue.
The institutional investor portion of the IPO was subscribed 152 times. The wealthy investor portion was subscribed 22.25 times and the retail investors' portion was subscribed 7.7 times.
The portion reserved for employees was subscribed 2.1 times. Market players said the response garnered by the IPO exceeded expectations given the challenging market conditions.
Campus Activewear’s IPO was entirely a secondary share sale worth Rs 1,400 crore. The company had fixed a price band of Rs 278-292 per share
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