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.
ICICI Direct's IPO Report
Campus Activewear Ltd. has a pan-India trade distribution network with over 425 distributors servicing over 19200 retail touch points (major presence in northern region). In addition, it has an extensive online presence (direct-to-customer) which complements the trade channel in underpenetrated geographies.
It has a vertically integrated manufacturing process with 100% of shoe assembly operations done in-house. Furthermore, it manufactures 38% of sole requirements and 17% of uppers in-house.
Combination of in-house manufacturing facilities combined with integrated supply chain gives an edge over peers, with industry best lead time (120 days).
Campus caters to a wide range of price points across entry (~38%), mid (~21%) and premium (~41%). Revenue contribution from premium products has increased from 31% in FY19 to 41% in nine months-FY22.
Click on the attachment to read the full IPO report:
DISCLAIMER
This report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BloombergQuint.
Users have no license to copy, modify, or distribute the content without permission of the Original Owner.