Liquidity Events
Footwear maker Campus Activewear's Rs.1,400-Cr IPO subscribed 51.75 times
The INR 1,400 crore initial public offering of Campus Activewear was subscribed 51.75 times on the final day of bidding. The company fetched bids for 174 crore shares as against 3.36 crore equity shares offered in the issue. The issue was entirely an offer for sale from the promoters and existing shareholders. The footwear manufacturer sold shares in the range of INR 278-292 apiece. Ahead of its IPO, the company raised about INR 418 crore from anchor investors.
From the Venture Intelligence PE-VC Deal Database: In Aug-17, Campus had raised over USD 50 M from TPG Growth (Subscribers to the database can login to view the valuation, deal structuring and other transaction details.)
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