Campus Activewear Ltd. debuts with 21.57% premium at Rs 355.00
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Campus Activewear Ltd. makes a strong debut on the bourses with scrip got listed at Rs 355.00 on the Bombay Stock Exchange, a 21.57 per cent premium to its issue price of Rs 292.00. On the National Stock Exchange, the stock was listed at Rs 360.00. The company, which raised 4.80 Cr from initial public offering, was subscribed 36.10 times, receiving bids for 17,311.20 lakhs shares against the total issue size of 479.50 lakhs shares.
The company, listed under B Group Securities post its IPO, opened for subscription from Apr 26 to Apr 28. Following a strong opening, the scrip touched an intraday high of Rs [BSEHighPrice] and a low of Rs [NSEHighPrice], before closing the session [UpDown] by [ChangePer] per cent to its listing price at Rs [ClosingPriceBSE] on the BSE. The company anticipates using the proceeds of the issue for . as lead managers & Link Intime India Private Limited is the registrar, to the issue. Meanwhile, the broader benchmark BSE Sensex closed trade at 54,835.58, down 866.65 points, or 1.55 per cent.
