Public Market

IPO

TPG-backed shoemaker Campus to raise Rs.2,000-Cr

Economic Times  

Campus Activewear, a homegrown sports shoe brand, plans to raise INR 2,000 crore through a public offer that would hit the market early next year, valuing the company around INR 10,000 crore. The top management of Campus, backed by PE fund TPG Growth, is in the process of appointing investment bankers. Promoters and some existing investors will dilute a part of their holdings in the issue.