Computer Age Management Services (CAMS) Ltd is a technology-driven financial infrastructure and service provider. It is India’s largest registrar and transfer agent of mutual funds. As per the Crisil Nov 2019 report, it has a 69.4% mutual fund aggregate market share.
CAMS currently provides technology-based services including dividend processing, transaction origination interface, payment, transaction execution, dividend processing, intermediary empanelment, report generation, investor interface, settlement and reconciliation, compliance-related services, and brokerage computation.
The company provides services in the area of electronic payment collections services business, insurance services business, alternative investment funds services business, banking, and non- banking services business, KYC registration agency business, and software solutions business. CAMS has a wide network comprising 25 states, 278 service centers, and five union territories. It also offers services online through a mobile application.
Competitive Strengths
1. Largest infrastructure and services provider of mutual fund
2. A diverse portfolio of technology-enabled services
3. Pan-India physical network
4. Scalable technology enabled ecosystem
Company Promoters:
Great Terrain Investment Ltd is the promoter of the company.
Company Financials:
| Particulars | For the year/period ended (₹ in Million) | |||
|---|---|---|---|---|
| 30-June-20 | 31-Mar-20 | 31-Mar-19 | 31-Mar-18 | |
| Total Assets | 8,354.53 | 8,025.34 | 7,363.24 | 6,978.48 |
| Total Revenue | 1,634.61 | 7,213.43 | 7,118.08 | 6,578.20 |
| Profit After Tax | 408.25 | 1,734.56 | 1,308.95 | 1,463.05 |
Objects of the Issue:
The objects of the Offer are:
1. To carry out the Offer for Sale of up to 18,246,600 Equity Shares by the Selling Shareholders; and
2. Achieve the benefits of listing the Equity Shares on the BSE.
CAMS IPO Details
| IPO Date | Sep 21, 2020 – Sep 23, 2020 |
| Issue Type | Book Built Issue IPO |
| Issue Size | 18,246,600 Eq Shares of ₹10 (aggregating up to ₹2,244.33 Cr) |
| Offer for Sale | 18,246,600 Eq Shares of ₹10 (aggregating up to ₹2,244.33 Cr) |
| Face Value | ₹10 per equity share |
| IPO Price | ₹1229 to ₹1230 per equity share |
| Employee Discount | 122 |
| Market Lot | 12 Shares |
| Min Order Quantity | 12 Shares |
| Listing At | BSE |
CAMS IPO Tentative Date / Timetable
| Bid/Offer Opens On | Sep 21, 2020 |
| Bid/Offer Closes On | Sep 23, 2020 |
| Finalisation of Basis of Allotment | Sep 28, 2020 |
| Initiation of Refunds | Sep 29, 2020 |
| Credit of Shares to Demat Acct | Sep 30, 2020 |
| IPO Shares Listing Date | Oct 1, 2020 |
CAMS IPO Lot Size and Price (Retail)
| Application | Lots | Shares | Amount (Cut-off) |
|---|---|---|---|
| Minimum | 1 | 12 | ₹14,760 |
| Maximum | 13 | 156 | ₹191,880 |
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