The IPO of Campus Activewear IPO will open on 26 April. Those interested in this IPO will have a chance to subscribe till April 28. The gray market trend ahead of the IPO is looking quite positive. Today the GMP of the campus is Rs 60. A day back the GMP of the campus was Rs 53. That is, the company’s performance in the gray market has been good so far. Let us tell you, the size of this IPO is Rs 1400.14 crores.
Also read: New update on LIC IPO, final approval application will be given to SEBI by this day
Analysts watching the market say today’s Campus IPO GMP is Rs.60. Which is Rs 7 more than yesterday. Prices in the gray market have seen a jump of 18 to 20 percent in the last three days. Which shows that the IPO will get good subscribers.
What is the meaning of GMP
As per market analysts today GMP of the campus is Rs 60. That is, the gray market expects the IPO of the campus to be listed at Rs 352 (292 + 60). Which is 20% more than its upper price band. According to experts, investors should keep an eye on the performance of the company more than the gray market. There is no official GMP figure. Here’s what to expect at the time of listing.