CAMs IPO Review & Details

CAMs IPO Details

About CAMs Company (CAMs IPO)

Computer Age Management Services (CAMs) Ltd are a technology-driven financial infrastructure and services provider to mutual funds and other financial companies with over couple decades of experience.

CAMS is India’s largest registrar and transfer agent of mutual funds with an aggregate market share of 69.4% based on mutual fund average assets under management managed by their clients and serviced by them during November 2019

CAMs IPO

They have grown their service offerings and currently provide a broad portfolio of technology-based services, such as transaction origination interface, transaction execution, payment, settlement and reconciliation, dividend processing, investor interface, record keeping, report generation, intermediary empanelment and brokerage computation and compliance-related services, to their mutual fund clients, distributors and investors.

They also give specific services to alternative investment funds, insurance companies, banks and non-banking finance companies.

You can click here to check What is IPO and Detailed guide on an IPO

CAMs Competitive strengths

  • It has the largest infrastructure and services provider of the mutual fund.
  • It has a diverse portfolio of technology-enabled services.
  • It has a pan-India physical network.
  • It has a scalable technology-enabled ecosystem.

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CAMs Risk and concerns

  • 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.
  • The PE ratio based on diluted EPS for the financial year 2020 for the Issuer at the upper end of the Price Band is as high as 34.61.
  • The average cost of purchase of Equity Shares for the Selling Shareholder namely NSE Investments Limited is Rs 187.86 per Equity Share and the Offer Price at the upper end of the Price Band is Rs 1,230 per Equity Share.
  • Weighted Average Return on Net Worth for Fiscals 2020, 2019, and 2018 is 31.40%.

Company Financial Details

ParticularsFor the year/period ended (Rs in Million)   
30-06-2031-03-2031-03-1931-03-18
Total Assets8354.538025.347363.246978.48
Total Revenue1634.617213.437118.086578.2
Profit After Tax408.251734.561308.951463.05

Purposes of the Issue

The purpose of the issue is

  • To carry out the Offer for Sale of up to 18,246,600 Equity Shares by the Selling Shareholders.
  • To achieve the advantages of listing the Equity Shares on the BSE.

You can also apply for an IPO using SBI Net banking, you can check the full procedure on How to Apply for IPO using SBI IPO feature of SBI Net Banking

CAMs IPO Details

IPO DateSep 21, 2020 - Sep 23, 2020
Issue TypeBook Built Issue IPO
Issue Size18,246,600 Eq Shares of Rs10
(aggregating up to Rs 2,244.33 Cr)
Offer for Sale18,246,600 Eq Shares of Rs10
(aggregating up to Rs 2,244.33 Cr)
Face ValueRs 10 per equity share
IPO PriceRs 1229 to Rs1230 per equity share
Employee Discount122
Market Lot12 Shares
Min Order Quantity12 Shares
Listing AtBSE

CAMs IPO Tentative Date

Bid/Offer Opens On2020-09-21
Bid/Offer Closes On2020-09-23
Finalisation of Basis of Allotment2020-09-28
Initiation of Refunds2020-09-29
The credit of Shares to Demat Acct2020-09-30
IPO Shares Listing Date2020-10-01

CAMs IPO Lot Size and Price

ApplicationLotsSharesAmount (Cut-off)
Minimum112Rs 14,760
Maximum13156Rs 191,880

Registrar of CAMs IPO 

Link Intime India Private Limited

C-101, 1st Floor, 247 Park

Lal Bahadur Shastri Marg,

Vikhroli (West) Mumbai – 400 083 

Phone: +91 22 4918 6200

Fax: +91 22 4918 6195

Email: cams.ipo@linkintime.co.in

Website: http://www.linkintime.co.in

CAMs Contact Details

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/

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