Who Owns Campus Activewear Company?

Campus Activewear Bundle

Get Full Bundle:

	SWOT	$15	$10
	5 FORCES	$15	$10
	BCG	$15	$10
	CANVAS	$15	$10
	4P's MIX	$15	$10
	PESTLE	$15	$10

TOTAL:

ADD TO CART

Who Really Owns Campus Activewear?

Understanding the ownership structure of a company is crucial for investors and stakeholders alike. Campus Activewear, a leading name in the Indian footwear market, has undergone significant changes since its inception. Discover how the Campus Activewear SWOT Analysis can help you understand the company better. This exploration will uncover the key players and their influence on the company's strategic direction.

From its humble beginnings as Campus Shoes, the Campus brand has evolved into a major player in the competitive Campus India market. This analysis will examine the evolution of Campus Activewear's ownership, from its founder to the current major stakeholders, including institutional investors and the impact of its IPO. Learn about the company's history and how its ownership structure shapes its future in the athleisure footwear industry.

The story of Campus Activewear begins with Hari Krishan Agarwal, a seasoned entrepreneur in the Indian footwear industry. His journey, spanning over four decades, laid the foundation for what would become a prominent name in the athletic and lifestyle footwear market. The official launch of the Campus brand in 2006 marked a significant milestone, building on Agarwal's earlier venture, the 'Action' sports shoe business, established in 1983.

While specific details about the initial equity distribution at the company's inception are not publicly available, the Agarwal family has maintained a substantial ownership stake. This strong family involvement has been a consistent feature of the company's structure, with Hari Krishan Agarwal serving as Chairman and Managing Director.

His son, Nikhil Aggarwal, currently holds the position of CEO and Whole-Time Director, bringing 14 years of experience in the footwear manufacturing and trading sectors. Further strengthening the leadership team, Prerna Agarwal, daughter-in-law of Hari Krishan Agarwal, serves as the Chief Marketing Officer.

Early Investment and Strategic Growth

In 2018, Campus Activewear secured strategic investments from TPG Growth III SF Pte. Ltd. and QRG Enterprises Limited. These investments, made through the purchase and subscription of equity shares, were crucial in fueling the company's expansion before its public listing. The company's focus on offering a wide range of athletic and lifestyle footwear at various price points has been a key driver of its market penetration.

• Hari Krishan Agarwal, the founder, has over four decades of experience in the footwear industry.
• The Campus brand was officially launched in 2006, building on Agarwal's earlier 'Action' sports shoe business.
• The Agarwal family maintains significant ownership, with key roles held by family members.
• TPG Growth III SF Pte. Ltd. and QRG Enterprises Limited invested in 2018, supporting pre-IPO growth.
• The company's product strategy focuses on a diverse range of footwear at different price points.

Campus Activewear SWOT Analysis

• Complete SWOT Breakdown
• Fully Customizable
• Editable in Excel & Word
• Professional Formatting
• Investor-Ready Format

GET TEMPLATE ➔

The ownership structure of the Campus Activewear Company, which markets the Campus brand, saw a major shift with its Initial Public Offering (IPO). The IPO, which opened on April 26, 2022, and closed on April 28, 2022, marked a significant change in the company's ownership. Shares began trading on the BSE and NSE on May 9, 2022. The IPO involved an offer for sale of 47,950,000 equity shares, totaling up to ₹1,400.14 Crores, with each share priced at ₹292.

Before the IPO, key shareholders included promoters Nikhil Agarwal and Hari Krishan Agarwal, along with venture capital firms like QRG Enterprises and TPG Growth III SF Pte Ltd. TPG Global, which held a 17.19% stake as of March 31, 2022, sold 3 crore shares during the IPO. This event was crucial in broadening the shareholder base and transitioning the Campus Company from a privately held entity to a publicly traded one. This shift allowed for greater public investment and increased market visibility for the Campus brand.

As of March 2025, the promoter holding in Campus Activewear is 72.14%, a slight decrease from 73.84% in December 2024. Hari Krishan Agarwal holds the largest individual promoter stake at 55.89%, while Nikhil Aggarwal holds 12.04%. Institutional investors also hold substantial stakes. Mutual funds collectively own 10.52% through 17 schemes, and foreign institutional investors (FIIs) own 6.61% across 89 FIIs. The Mirae Asset Great Consumer Fund is the largest public shareholder, with a 2.72% stake. Individual investors account for 8.87% of the shareholding. This distribution indicates a diversified ownership structure, blending founder control with significant public and institutional investment. To understand more about the company's strategic direction, you can read about the Growth Strategy of Campus Activewear.

Key Takeaways on Campus Activewear Ownership

The IPO was a pivotal moment for Campus Activewear, transforming its ownership landscape.

• Promoters retain majority control, ensuring strategic continuity.
• Institutional investors hold significant stakes, reflecting confidence in the company.
• Public and individual investors also play a role, contributing to a diverse shareholder base.
• The ownership structure supports the company's growth strategy.

Campus Activewear PESTLE Analysis

• Covers All 6 PESTLE Categories
• No Research Needed – Save Hours of Work
• Built by Experts, Trusted by Consultants
• Instant Download, Ready to Use
• 100% Editable, Fully Customizable

GET TEMPLATE ➔

The current board of directors of the Campus Activewear Company plays a vital role in its governance and strategic direction. The board includes a mix of executive and independent directors. Hari Krishan Agarwal serves as the Chairman and Managing Director, representing the founding family and major shareholders. Nikhil Aggarwal holds the position of CEO and Whole-Time Director, further solidifying the founders' operational and strategic influence. The composition reflects a blend of leadership and external oversight designed to guide the company's growth.

The board also includes independent directors such as Mr. Anil Kumar Chanana, Ms. Madhumita Ganguli, Mr. Nitin Savara, and Mr. Jai Kumar Garg. These independent directors bring external perspectives and are intended to ensure robust corporate governance. The presence of independent directors is crucial for maintaining transparency and accountability within the company. As of March 2025, the significant promoter holding of 72.14% indicates the founding family retains substantial voting power and control over the company's decisions.

The substantial promoter holding in Campus Activewear Company, as of March 2025, provides the founding family with significant influence over the company's strategic direction and operational decisions. This level of ownership typically translates to considerable voting power, influencing key decisions such as the appointment of directors, major investments, and strategic partnerships. The composition of the board and the distribution of voting rights are critical factors for anyone interested in the Campus brand.

Understanding Campus Activewear's Board and Ownership

The board of directors at Campus Activewear includes both executive and independent members, ensuring a balance of internal leadership and external oversight. The founding family holds a significant stake, providing them with substantial voting power. For a deeper dive into the company's marketing strategies, consider reading about the Marketing Strategy of Campus Activewear.

• The Chairman and Managing Director, Hari Krishan Agarwal, represents the founding family.
• Nikhil Aggarwal, the CEO, also holds a Whole-Time Director position.
• Independent directors provide external perspectives and ensure corporate governance.
• The promoter holding is 72.14% as of March 2025.

Campus Activewear Business Model Canvas

• Complete 9-Block Business Model Canvas
• Effortlessly Communicate Your Business Strategy
• Investor-Ready BMC Format
• 100% Editable and Customizable
• Clear and Structured Layout

GET TEMPLATE ➔

Over the past few years, several developments have reshaped the ownership structure of the Campus Activewear. A significant event was the complete exit of TPG Global in March 2023. The US-based private equity firm sold its remaining 7.6% stake for ₹806 crore through an open market transaction. This followed their earlier sale of over half their stake during the Campus Activewear IPO in May 2022.

Concerning ownership trends, there has been a shift in shareholder composition. Promoter holdings slightly decreased from 73.84% in December 2024 to 72.14% by March 2025. In contrast, foreign institutional investors (FIIs) increased their stake from 5.35% to 6.61% during the same period. The number of FIIs holding shares also rose, from 83 to 89. Mutual funds have also slightly increased their holdings, from 10.26% to 10.52%. These changes suggest a growing diversification of ownership, with more institutional investors participating.

In June 2025, Campus Activewear allotted equity shares under its Employee Stock Option Plan (ESOP), which slightly increased the paid-up equity share capital. The Campus brand has been actively expanding its retail presence, opening its 200th store in March 2025, reflecting robust growth in the lifestyle and sportswear retail sector. For FY25, the company reported a 10% year-on-year revenue growth to INR 1593.0 Cr, with a 35.5% increase in profit after tax (PAT). Furthermore, the company announced dividends, including a final dividend of Re. 0.30/share for the year ended March 31, 2025, and an interim dividend of Re. 0.70 per share for FY 2024-25. To understand the competitive environment better, consider exploring the Competitors Landscape of Campus Activewear.

Ownership Changes

TPG Global completely exited its stake in March 2023.

Promoter Holdings

Promoter holdings decreased from 73.84% to 72.14% between December 2024 and March 2025.

FII Participation

FIIs increased their stake from 5.35% to 6.61% between December 2024 and March 2025.

Financial Performance

FY25 revenue grew by 10% year-on-year to INR 1593.0 Cr, with a 35.5% increase in PAT.

Campus Activewear Porter's Five Forces Analysis

• Covers All 5 Competitive Forces in Detail
• Structured for Consultants, Students, and Founders
• 100% Editable in Microsoft Word & Excel
• Instant Digital Download – Use Immediately
• Compatible with Mac & PC – Fully Unlocked

GET TEMPLATE ➔

Related Blogs