Campus Activewear IPO - Investment Rationale, Future Growth Strategies, Valuations, Risks: KRChoksey

Campus Activewear IPO - Investment Rationale, Future Growth Strategies, Valuations, Risks: KRChoksey

Campus Activewear sports shoes. (Source: Company website)

BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.

KRChoksey Research's IPO Report

Campus Activewear Ltd. introduced its brand ‘Campus’ in 2005 and is lifestyle-oriented sports and athleisure footwear company that offers a diverse product portfolio for the entire family.

Campus offers multiple choices across styles, colour palettes, price points and an attractive product proposition. Campus is the largest sports and athleisure footwear brand in India, both in terms of and volume in FY21.

Campus is the fastest growing scaled sports and athleisure footwear brand (scaled brands with over Rs 2 billion of revenue in FY19) in India over FY19 to FY2021.

Campus had an approximately 15% market share in the branded sports and athleisure footwear industry in India by for FY20, which increased to approximately 17% in fiscal 2021.

Campus is one of the very few established Indian brands in a segment which is primarily dominated by international brands.

Campus 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 FY21.

Click on the attachment to read the full IPO report:

KRChoksey Campus Activewear IPO Note.pdf
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