“At Rs1,230/share (IPO price), CAMS is priced at 35x FY20 EPS, at a 10-15% discount to listed AMCs, Exchanges and Depositories,” IIFL added. With this, 1,28,27,370 equity shares of the mutual fund registrar & transfer agency service provider make their stock market debut. However, soon after making their debut on Dalal Street, shares were seen slipping to trade at Rs 1,415 per share. The IPO is an offer-for-sale of 1.22 crore shares by the promoters, including Great Terrain Investment, NSE Investments, Warburg Pincus and Acsys Investments. Computer Age Management Services (CAMS), India’s largest registrar and transfer agent of mutual funds is entering the primary … The company is a leader among mutual fund registrars in India and is likely to launch its IPO … The issue saw massive subscription from all the categories of investors. CAMS IPO included just an offer for sale (OFS) from existing shareholder — NSE Investments — a subsidiary of the National Stock Exchange. 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CAMS Investor Services Pvt Ltd ("CAMS KRA") is a SEBI registered KYC Registration Agency (KRA) providing KYC registration services[5] and maintains KYC records of the investors centrally, on behalf of capital market intermediaries registered with SEBI, eliminating the need to repeat KYC. Nungambakkam, Chennai 600 034, Company holds insurances like professional indemnity insurance, cyber risk protector policy, directors’ and officers’ liability protection insurance, office package insurance, errors and omission insurance, crime insurance and commercial care package insurance. CAMS is the founding member of Registrars Association of India (RAIN)[7] which was founded in the year 1991. September 23. Click here to join our channel and stay updated with the latest Biz news and updates. Moreover, the CAMS has allotted 50% of shares to the QIBs, 15% of the shares allotted to the NIIs, and the remaining 35% of shares allotted to the RIIs in the bid process. CAMS IPO: The initial public offering is an offer-for-sale of 1.22 crore shares by the promoters. CAMS handles RTA business of 16 of the top 41 mutual fund houses in India. 122 per equity share up to 1,82,500 shares for eligible employees. Company was finally converted into a public limited company on 27th September 2019 with a Corporate Identification Number, U65910TN1988PLC015757. Salai, NSE Investments sold its entire 37.48% stake in the company. Within the MF industry, CAMS is the largest RTA, with 70% market share (based on the average Jul-2020 AUM of the MFs it services) in a duopoly market,” said IIFL Research in an IPO note. It does not give any advice or recommendation. 178, M.G.R. The Indian Financial Services went through a renaissance in the period 1997/8-2006/7, with changes in regulation, products and supporting infrastructure. IPO Nivesh, Computer Age Management Services Ltd (CAMS) IPO, is a BSE IPO, which is open for all investors from 21, Sept Monday to 23rd, Sept Wednesday. CAMS started off with a team of 20 personnel and started to process Transfer Agency operations during the early nineties. Here's All You Need To Know Here's All You Need To Know For the latest election news … The details of services offered are: Sterling Software Pvt Ltd is subsidiary software solution provider of CAMS for Mutual Fund industries globally. – Stock Investor. In 2000 the HDFC Group invested into CAMS,[2] facilitating in its chosen businesses. As of Dec 2018, CAMS employs about 7000+ people and offers varied services to the Mutual Funds, Insurance and Banking industries through its network of 270+ locations all over India.[4]. It gives front office and back office services to the customer with the increase in banking and financial services. The company shares will be list on the Bombay Stock Exchange. The Rs 2,242-crore IPO of Computer Age Management Services (CAMS) received a … All Right Reserved. https://linkintime.co.in/IPO/public-issues.html: Click on the drop-down menu and select company name as CAMS (please note that the name will appear only after the allotment process is complete), Check either of the boxes, viz. CAMS is headquartered at Chennai. on September 21, 2020. It offers dividend processing, transaction and investor interface services to the BFSI (banking, financial services and insurance) sector. Computer Age Management Services Ltd. was embodied in 1988 and located at Chennai. As per the information available, following is the status of litigation related to the company. New No. Computer Age Management Services Ltd IPO is a BSE IPO, which is open for all investors from 21, Sept Monday to 23rd, Sept Wednesday. As of December 2018, CAMS has all India presence with around 280+ Customer Service Centers (CSCs) and all these branches are linked on a real time. If any investor should invest in this company with a minimum investment amount of Rs. Financial businesses, always early adopters, started taking advantage of technology and networking to facilitate their business, and CAMS pivoted into what are now known as Platform based services to the Indian Financial industry. Ltd” on 25th August 1988. Computer Age Management Services Limited (CAMS) initial public offer (IPO) will open for subscription today, i.e. Similarly, the price band of the issue from Rs. Computer Age Management Services Ltd IPO is a BSE IPO, which is open for all investors from 21, Sept Monday to 23rd, Sept Wednesday. CAMS has enabled self-servicing through the investor and distributor services webpages on its website. Computer Age Management Services (CAMS) is a Mutual Fund Transfer Agency[1] to the Indian Asset Management Companies with a share of ~ 70% of the assets under management (AuM). How to analyze ? How to analyze ? CAMS is a member of The National Association of Software and Services Companies of the USA. NSE Investments sold its entire 37.48% stake in the company. What is Bank Nifty Index? The company has a wide network that spread around 25 states, 278 service centers, and five union territories. The public offering of the financial infrastructure and service provider was subscribed as much as 46.93 times, with the retail category subscribed 5.44 times, qualified institutional buyers portion attracted subscription of 73.18 times and non-institutional investors category, 111.85 times. Promoters are offering 12,164,400 equity shares to public through this issue which is worth of ₹2,244.33 Crores. Computer Age Management Services Ltd. IPO Subscription Period From 21st September To 23rd September 2020: 1,82,46,600 equity shares of Rs. In early 2014 India’s Stock Exchange, the NSE, took a position in the Company.[3]. Non-institutional investors (NII) bid for the issue the most, subscribing their portion 111.85 times while Qualified Institutional Buyers (QIB) subscribed their portion of the issue 73.18 times. CAMS IPO included just an offer for sale (OFS) from existing shareholder — NSE Investments — a subsidiary of the National Stock Exchange.

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