Campus Shoes IPO date is scheduled for 26 April 2022. The IPO price band is set at NA per share . The issue comprises of 4.79 crore equity shares offered through an offer for sale by existing shareholders and promoters. This means the company will not get any funds from IPO proceeds. Selling shareholders include Hari Krishan Agarwal, Nikhil Aggarwal, TPG Growth III SF Pte Ltd, QRG Enterprises Limited, Rajiv Goel and Rajesh Kumar Gupta.
Promoters of Campus Shoes – Hari Krishan Agarwal and Nikhil Aggrawal
Campus Shoes IPO Description
Campus shoes is the largest sports and athleisure footwear brand in India in terms of value and volume in Fiscal 2021. It introduced ‘CAMPUS’ brand in 2005 and is a lifestyle-oriented sports and athleisure footwear company that offers a diverse product portfolio for the entire family. It had approximately 15% market share in the branded sports and athleisure footwear industry in India by value for Fiscal 2020, which increased to approximately 17% in Fiscal 2021.
It is one of the most relevant brands in this segment, covering more than 85% of the total addressable market for sports and athleisure footwear in India as of Fiscal 2021. Its core target market is the 14 to 35 age group, which represented 44% of the sports and athleisure footwear market in India as of Fiscal 2020. The company follows a nimble, fashion forward, segmented approach to curate its product lines.
It has over 400 distributors directly servicing and fulfilling orders of over 18,200
geographically mapped retailers at a pan-India level as on September 30, 2021. Of these approximately 18,200 retailers, its internal sales force of 153 employees has direct field coverage of approximately 10,750 retailers as on September 30, 2021. The remaining approximately 7,450 retailers are covered through itrs distributor ‘feet on street’ initiative, which further depends on its distributor management system, sales force activation application and retailers’ engagement application to streamline its engagement with them.
Campus Activewear IPO Date, Size & Price Band
| Campus Shoes IPO Date | 26 – 28 April 2022 |
|---|---|
| IPO Price Band | Coming soon |
| Fresh issue | 47,950,000 shares |
| Offer For Sale | Coming soon |
| Total IPO size | 47,950,000 shares |
| Minimum bid (lot size) | Coming soon |
| Face Value | INR5 per share |
| Retail Allocation | 35% |
| Listing On | NSE, BSE |
Campus Shoes Financial Performance
| FY2019 | FY2020 | FY2021 | H1 FY2022 | |
|---|---|---|---|---|
| Revenue | 596.7 | 734.1 | 715.1 | 409.9 |
| Expenses | 530.4 | 635.4 | 645.1 | 370.8 |
| Net income | 38.6 | 62.4 | 26.9 | 30.1 |
| Net margin (%) | 6.5 | 8.5 | 3.8 | 7.3 |
Figures in INR crore unless specified otherwise
Campus Shoes Offer News
Campus Activewear IPO Timetable
| IPO Opening Date | 26 April 2022 |
|---|---|
| IPO Closing Date | 28 April 2022 |
| Finalisation of Basis of Allotment | 4 May 2022 |
| Initiation of refunds | 5 May 2022 |
| Transfer of shares to demat accounts | 6 May 2022 |
| Listing Date | 9 May 2022 |
| Opening Price on NSE | Coming soon |
| Closing Price on NSE | Coming soon |
Campus Shoes Valuations & Margins
| FY2019 | FY2020 | FY2021 | |
|---|---|---|---|
| EPS | 1.28 | 2.05 | 0.88 |
| PE ratio | NA | NA | NA |
| RONW (%) | 19.04 | 21.63 | 8.60 |
| ROCE (%) | 21.88 | 21.03 | 18.54 |
| EBITDA (%) | 17.12 | 18.90 | 16.84 |
| Debt/Equity | 0.87 | 0.85 | 0.43 |
| NAV | NA | NA | 10.29 |