CAMS IPO is a technology-driven financial infrastructure and service provider and is all set to make a debut in the stock market with an issue size of 2244.33 Cr.
IPO Overview
| CAMS IPO Issue Date | 21 – 23 Sept 2020 |
| CAMS IPO Opening Date | 21 Sept 2020 |
| CAMS IPO Face Value | INR 10 per share |
| CAMS IPO Price | INR 1230 per share |
| CAMS IPO Lot Size | 12 Shares |
| Issue Size | 2244.33 Cr |
| Offer for sale | 2244.33 Cr |
| Issue Type | Book built Issue IPO |
| Listing At | BSE, NSE. |
| QIB Shares Offered | 73.18 times |
| NII (HNI) Shares | 111.85 times |
| Company Promoters | Great Terrain Investment Ltd is the promoter of the company. |
CAMS IPO -Tentative Dates
| CAMS IPO opening date | 21 Sept 2020 |
| CAMS IPO closing date | 23 Sept 2020 |
| Basis of Allotment | 28 Sept 2020 |
| Initiation of Refunds | 29 Sept 2020 |
| The credit of Shares to Demat | 30 Sept 2020 |
| CAMS IPO Listing Date | 1 Oct 2020 |
Industry Overview.
The assets of the Indian mutual fund industry have grown consistently since the financial year 2000. The AUM has risen at a CAGR of 17.4%, from ₹1.1 trillion as on March 31, 2000 to ₹23.8 trillion as onMarch31,2019. The industry’s growth came against the backdrop of an expanding domestic economy, robust inflows, and increased participation, especially by individual investors. The mutual fund industry had 41asset management companies (“AMCs”) (excluding Infrastructure Debt Funds) as of March 2019, up from 32 in March 2000, after a brief drop to 28 in 2004.
Company Overview
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.
Objectives Of The Issue
- To carry out the Offer for Sale of up to 18,246,600 Equity Shares by the Selling Shareholders.
- Achieve the benefits of listing the Equity Shares on the BSE.
Financial Statements
| Particulars | 31-Mar-20 | 31-Mar-19 | 31-Mar-18 |
| Total Assets | 8,025.34 | 7,363.24 | 6,978.48 |
| Total Revenue | 7,213.43 | 7,118.08 | 6,578.20 |
| Profit After Tax | 1,734.56 | 1,308.95 | 1,463.05 |
Strengths
- Largest infrastructure and services provider of mutual fund.
- A diverse portfolio of technology-enabled services.
- Pan-India physical network.
- Scalable technology enabled ecosystem.
Weakness
- The 4 Lead Managers associated with the Offer have handled 17 public issues in the past three years out of which 6 issues closed below the issue price on the listing date.
Company Contact Information
Computer Age Management Services Ltd
New No. 10,
Old No. 178, M.G.R. Salai,
Nungambakkam, Chennai 600 034,
Phone: +91 44 2843 2770
Email: secretarial@camsonline.com
Website: http://www.camsonline.com/
CAMS IPO Registrar
Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: cams.ipo@linkintime.co.in
Website: https://linkintime.co.in/
