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Campus Activewear files draft papers with Sebi to garner funds via IPO

Campus Activewear introduced the brand 'Campus' in 2005 and is a lifestyle-oriented sports and athleisure footwear company that offers a diverse product portfolio

Campus Activewear files draft papers with Sebi to garner funds via IPO
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Press Trust of India
Sports and athleisure footwear company Campus Activewear has filed preliminary papers with capital markets regulator Sebi to mop up funds through an initial share-sale.

The initial public offering (IPO) is entirely an offer for sale (OFS) of 5.1 crore equity shares by promoters and existing shareholders, according to the draft red herring prospectus (DRHP).

Those offering shares in the OFS include promoters -- Hari Krishna Agarwal and Nikhil Aggarwal -- and investors such as TPG Growth III SF Pte Ltd and QRG Enterprises Ltd.

At present, promoters hold 78.21 per cent stake in the company, TPG Growth and QRG Enterprises

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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