Daily BriefsIndia

India: Campus Activewear Ltd and more

In today’s briefing:

  • Campus Activewear IPO – Take the Deal for Its Strong Track Record

Campus Activewear IPO – Take the Deal for Its Strong Track Record

By Clarence Chu

  • Campus Activewear Ltd (1535013D IN) is looking to raise about US$184m in its India IPO, via a 100% secondary selldown.
  • In comparison to peers, the firm has fared better during the pandemic, and had recorded stronger topline growth, even pre-pandemic.
  • While a smaller player in the overall domestic footwear market, Campus is the largest domestic player in the niche sports and athleisure footwear market.

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