Campus Activewear stock soars 29% on debut, ends the day with 27% gains

The stock ended at Rs 371.7, with a gain of Rs 79.7 over the issue price of Rs 292 per share

Shares of Campus Activewear gained more than 27 per cent during their stock market debut on Monday. The stock ended at Rs 371.7, with a gain of Rs 79.7, or 27.3, over the issue price of Rs 292 per share. The strong listing follows huge oversubscription for its IPO. Campus Activewear’s maiden share sale was 50 times beyond the shares on offer. The institutional investor portion of the IPO was subscribed 152 times and the wealthy investor portion was subscribed 22.25 times. The retail investors' portion was subscribed 7.7 times. The anchor portion of the IPO saw participation by investors