Computer Age Management Services Limited to raise around ₹2,244 crore via IPO

Team Updater September 13, 2020
Computer Age Management Services Limited (CAMS) is Registrar and Transfer Agency for Mutual fund/Asset Management Industry and act as a technology enabled service solutions partner to Private Life Insurance, Private Equity Funds, Banks, Non-Banking Finance Companies.

CAMS was founded in early 1988 by V Shankar as a start-up in the area of Software Development and Computer Education.

Besides serving as B2B solutions provider, CAMS also serve B2C end customers through a variety touch points such as Service centres, White Label Call centre, Online, Mobile app and Chatbot Services. CAMS has three back office delivery centres in Chennai and one BCP site at Coimbatore. It has a Network of 278 customer service centres spread across India.

CAMS is co-owned by - NSE Investments Limited (Subsidiary of NSE), Warburg Pincus LLC (a leading global private equity firm), Faering Capital (a leading Indian mid-market private equity firm), ACSYS Investments Pvt Ltd and HDFC Group (a financial services conglomerate) and is head-quartered in Chennai, India.
Among Mutual Fund RTAs, CAMS has the highest AUM serviced, which is approximately 70% of the market share as of July 2020, followed by Karvy (including Sundaram BNP Paribas Fund Services)

Disclaimer:Investments is subject matter of solicitation. Please read offer documents/DRHP/RHP carefully before investing. This article is just for information and not intend to invest. One should always refer and read DRHP/RHP and investment process and make own decision before investing in any investment product.

Key Business Services


  • Services to Mutual Funds
  • Services to Alternative Investment Funds (AIF)/Private Equity Funds/Venture Capital Funds
  • Services to Banks/NBFC's
  • Services to Private Insurance Companies

Key Financials
Particulars FY20 FY19 FY18 FY17 FY16
Revenue 0 0 0 0 0
Revenue Growth YoY (%)
EBITDA
EBITDA Growth YoY (%)

Key Management
Name Designation
Anuj Kumar Director and Chief Executive Officer
Srikanth Tanikella Chief Operations Officer
Ravi Kethana Chief Platform Officer
M. Somasundaram Chief Financial Officer
Manikandan Gopalakrishnan Company Secretary

Details of IPO

Particulars Details
Opening Date 21-Sept-2020
Closing Date 23-Sept-2020
Face Value Rs 10/ Share
Price Band Rs 1,229 to Rs 1,230/ share
Employee Discount Rs 122 per shares to eligible employees
Bid Lot 12 shares and multiples thereof
Minimum Bid Amount Rs 14,748 - Rs 14,760/-
Listing on BSE
Mode of Payment UPI / ASBA (Mandatory); Applications using third party UPI/ASBA Bank accounts are liable to rejected

Above details may change. Typo error could possible. Please contact us to update details

Issue Details

Particulars Details
Issue Size ~Rs 2,244/- Crores
QIB Portion (%) 50%
NII Portion (%) 15% (Application for Lot size 15 and above
Retail Portion (%) 35% (Application for Lot size between 1 and 14)
Employees Portion (%) Yes
Existing Shareholders Portion (%) N/A

Above details are indicative and may change

Tentative Dates

Below are the indicative dates for the IPO

Anchor Investors Bid/Offer 18-Sept-2020
Bid/Offer opening 21-Sept-2020
Bid/Offer closing 23-Sept-2020
Finalisation of Basis of Allotment 28-Sept-2020
Initiation of Refunds 29-Sept-2020 onwards
Credit of Shares to Demat Accounts 30-Sept-2020 onwards
Listing on Stock Exchange/s 1-Oct-2020

Above dates are tentative and may change upon unforeseen circumstances

Subscription

Below are the figures of Subscriptions of IPO

Particulars Details
QIB 73.18x
NII 111.85x
Retail 5.47x
Employees 0.68x
Existing Shareholders N/A
Total 46.94x
Above data is updated after closing date

Calculate Bid amount per lot to see amount required to apply for this IPO

Above may change upon unforeseen circumstances


Lead Managers

Registrar
Name of Registrar/s
Link Intime India Pvt. Ltd.

Check Allotment Status

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FAQ:

IPO can be applied Online and Offline mode.
Online: a) Via Netbanking of Bank website b) Via Stock brokers portal
Offline: a) Collect application forms from Brokers > Fill demat details & UPI > Submit to any broker across India. b) Download forms from NSE/BSE website > Fill demat details & UPI > Submit to any broker across India.

UPI is made mandatory by SEBI to apply for IPO's. To educate investors National Payment Corporation of India (NPCI) has come out with the useful video. This video educates on how to download BHIM UPI app and its process to register.



Source: NPCI
What is UPI based ASBA Process ?

To educate people to apply for IPO's National Payment Corporation of India (NPCI) has come out with the useful video. This video educates consumers on how the IPO process works and how subscribing for IPOs via BHIM UPI helps reduce the time and effort one needs to take for the same.



Source: NPCI

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Calculate Bid amount

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