Computer Age Management Services Ltd ( CAMS ) IPO opens on Sep 21, 2020 and closes on Sep 23, 2020 – Things to Know

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CAMS is a technology-driven financial infrastructure and services provider to mutual funds and other financial institutions with over two decades of experience. CAMS is India’s largest registrar and transfer agent of mutual funds with an aggregate market share of approximately 70% based on mutual fund average assets under management during according to the CRISIL Report. Over the last five years, CAMS have grown market share from approximately 61% during March 2015 to approximately 69% during March 2020, based on AAUM serviced, according to the CRISIL Report. CAMS mutual fund clients include four of the five largest mutual funds as well as nine of the 15 largest mutual funds based on AAUM during July 2020, according to the CRISIL Report. 

CAMS solutions help reduce the need for clients to make significant investments in operational infrastructure, thereby allowing them to increase their focus on their core business activities. CAMS offer an integrated and customized portfolio of services through our pan-India physical network comprising 271 service centers spread over 25 states and five union territories as of June 30, 2020, and which are supported by call centers in four major cities, four back offices all having real time connectivity, continuous availability and data replication and redundancy. Further, CAMS offer many of services online and through several mobile device applications, to investors, their distributors and their channel providers. The continued development of proprietary platforms and applications has furthered CAMS competitive technology advantage. 

Company Promoters:

Great Terrain is the Promoter of Company. Promoter currently holds an aggregate of 21,224,000 Equity Shares, aggregating to 43.50% of the pre-Offer issued, subscribed and paid-up Equity Share capital of Company.

Financials Results

Particulars           For the three months period                        Financial Year

                                       ended June 30                   

                                      2020           2019                         2020            2019           2018

Total income             1,634.61      1,804.77                    7,213.43     7,118.08     6,578.20

Profit after tax             408.25       401.49                       1,734.56     1,308.95     1,463.05

IPO Detail

Issue Size  - 18,246,600 Eq Shares of Rs 10 (aggregating up to Rs 2,244.33 Cr)  

Offer for Sale - 18,246,600 Eq Shares of Rs 10 (aggregating up to Rs 2,244.33 Cr)

IPO Price - Rs 1229 to Rs 1230 per equity share

Employee Discount - Rs 122

Market Lot -12 Shares ( Min Order quantity )

Maximum Order Quantity for Retail  - 156 Shares ( 13 Lots )

Finalisation of Basis of Allotment - Sep 28, 2020

Initiation of Refunds - Sep 29, 2020

Credit of Shares to Demat Account - Sep 30, 2020

IPO Shares Listing Date - Oct 1, 2020