CAMS IPO Dates, Allotment, Size, Subscription, Bid Details, GMP & RHP

Let’s have a detailed review of the company and analytics of the CAMS IPO release date, IPO offer price, subscription, Computer Age Management Services IPO or CAMS IPO allotment, grey market price and other details like the company’s background, its financial positions, its promoters and other related things.

Check out IPO Allotment of CAMS IPO & Chemcon IPO here – IPO Allotment Status

Face ValueRs.10
Price BandRs.1220 – Rs.1230
Listing AtBSE
Min. Order Quantity1 Lot = 12 Shares
Listing DateOct 1, 2020
Offer for SaleRs.2,244.33 Cr
IPO SizeRs.2,244.33 Cr
Tick SizeNA

The listing date of this IPO is not disclosed yet, the Tentative date is Oct 1, 2020. You can check the live performance of the IPO here, only after it is listed on exchanges.

Live IPO Performance – CAMS Share Price

CAMS IPO Review & Ratings

IPO Ratings & Review
CriteriaRatings
Industry Sentiments7.9/10
Industry Ranking7.2/10
Company Background8.2/10
Company Reputation7.7/10
Competitive Edge7.2/10
Financial Statements8.0/10
Popularity Index7.9/10
Promoters Reputation8.0/10
Retail Appetite7.1/10
Top Brokers Review7.8/10
Overall Ratings7.5/10
Star Ratings★★★★☆

Summary of CAMS IPO

CAMS IPO

They are a technology-driven financial infrastructure and services provider to mutual funds and other financial institutions with over two decades of experience.

They are 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 (“AAUM”) managed by their clients and serviced by them during November 2019, according to the CRISIL Report.

With the initiative of creating an end-to-end value chain of services, they have grown their service offerings and currently provide a comprehensive 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, through their pan-India network to their mutual fund clients, distributors and investors.

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

The Promoter of this company is GREAT TERRAIN INVESTMENT LTD. The lead managers to the issue are Kotak Mahindra Capital Company Limited, HDFC Bank Limited*, ICICI Securities Limited*, Nomura Financial Advisory and Securities (India) Private Limited. The Registrar to this issue is Link Intime India Private Limited.


CAMS IPO / Computer Age Management Services IPO Dates

The opening and the closing date of Computer Age Management Services IPO is Sep 21, 2020 – Sep 23, 2020.


CAMS IPO Subscription

Day / DateQIBNIIRIIEmployeeTotal Subscription
1st Day – Sep 210.25x0.30x1.60x0.25x0.83x
2nd Day – Sep 220.83x1.22x2.91x0.52x1.93x
3rd Day – Sep 2373.18x111.85x5.47x0.68x46.94x
Shares Offered or Net Issue3,612,8202,709,6156,322,435182,50012,827,370

The shares subscribed by the public will be updated here.


CAMS IPO Dates Allotment Status

Here, you can find the Allotment Status of this IPO.

Allotment of Equity Shares pursuant to the Fresh Issue and transfer of the Offered Shares of the Promoter Selling Shareholders pursuant to the Offer for Sale to the successful Bidders. However, the Allotment status is not yet disclosed.

Basis of Allotment FinalizationSep 28, 2020
Refunds InitiationSep 29, 2020
Credit of Shares to Demat AccountSep 30, 2020
Share Listing DateOct 1, 2020

CAMS IPO Price Band / Cash Price

The face value of each share is Rs.10, and the cash price of the IPO is Rs.1220 to Rs.1230. 


CAMS IPO IPO Size

This Initial Public Issue of 12,164,400 Equity Shares of Rs.10 each for cash at a price of Rs.1220 to Rs.1230 per equity share aggregating to Rs.2,258.00 Cr.


CAMS IPO Share Offering

Offer : The Fresh Issue of 12,164,400 Equity Shares by their Company of Rs.10 each at a price of Rs.1220 to Rs.1230 per equity share aggregating to Rs.2,258.00 Cr,

Offer for Sale : The offer for sale of the Offered Shares, by the Promoter Selling Shareholder aggregating up to Rs.2,258.00 Cr.


CAMS IPO – Live Performance

The listing date of this IPO is not disclosed yet, the Tentative date is Oct 1, 2020. You can check the live performance of the IPO here, only after it is listed on exchanges.

Live IPO Performance – CAMS Share Price

CAMS IPO Grey Market Premium

The Computer Age Management Services IPO Grey Market Premium price is Rs 300-350, the Kostak rate is Rs 750 and the Subject to Sauda is Rs.2500. 


Computer Age Management Services Limited – CAMS Overview

The nature of their services to mutual funds spans multiple facets of their relationship with their investors, distributors and regulators. By providing a range of services, they play an important role in developing and maintaining their clients’ market perception.

Their mutual fund clients include four of the five largest mutual funds as well as nine of the 15 largest mutual funds based on AAUM during November 2019, according to the CRISIL Report.

CAMS / Computer Age Management Services Diversified Offerings

Over the years, they have leveraged their domain expertise, processes and infrastructure to diversify their offering of services to cater to a variety of other financial services sectors.

  • In their electronic payment collections services business, they manage mandated transactions, including registering of mandates, initiation of collections, reconciliation and the related reporting services for mutual funds, non-banking finance companies and banks.
  • In their insurance services business, they offer processing of new business applications, holding policies in dematerialized form, servicing policies and other support functions to insurance companies. For the financial year 2018, they had a market share of 39% of the insurance repository business, based on e-insurance policies being managed, according to the CRISIL Report.
  • In their alternative investment funds services business, they provide services to investors, manage records and perform fund accounting and reporting, among other services, for alternative investment and other types of funds.
  • For their banking and non-banking services business, they offer digitization of account opening, facilitation of loan processing and back-office processing services to banking and non-banking financial institutions.
  • In their KYC registration agency business, they verify and maintain KYC records of investors for use by financial institutions.
  • In their software solutions business, their technology team develops software for their mutual funds services business and for mutual fund companies.

Computer Age Management Services Presence

They offer an integrated and customized portfolio of services through their pan-India physical network comprising 278 service centers spread over 25 states and five union territories as of September 30, 2019.

All supported by call centers in four major cities, four back offices (including a disaster recovery site), all having real time connectivity, continuous availability and data replication and redundancy.

Computer Age Management Services Limited: Business strategies

  • Maintain their Leadership Position by enhancing Service Offerings to Mutual Fund Clients
  • Continue the Technology-led Services Innovations
  • Achieve Leadership in Individual Businesses and then Target Scale
  • Improve Automation in their Businesses

Computer Age Management Services Ltd – Financial Statements

On the basis of Standalone statement:

Amount (in INR & Million)
30-June-2031-Mar-2031-Mar-19Mar-18
Total Assets8,354.538,025.347,363.246,978.48
Total Revenue1,634.617,213.437,118.086,578.20
Total ExpenseNANA5,106.234,348.69
Profit After Tax408.251,734.561,308.951,463.05

Earnings per Equity Share (in Million)

Amount (in INR & Million)
30-June-2031-Mar-20Mar-19
31-Mar-1831-Mar-17
Basic & Diluted08.3735.5726.7529.9325.32

From FY 2016-17 to FY 2018-2019, as per the Restated Financial Statements

  • Their total income for the six months ended September 30, 2019 and the financial year 2019 was Rs.3,600.29 million and Rs.7,114.96 million, respectively. Their total income grew at a CAGR of 19.0% from the financial years 2017 to 2019.
  • The profit after tax for the six months ended September 30, 2019 and the financial year 2019 was Rs.827.49 million and Rs.1,308.95 million, respectively.
  • They paid Rs.1,095.64 million, Rs.960.57 million and Rs.596.82 million as dividend (excluding dividend distribution tax) in the financial years 2019, 2018 and 2017, respectively.

CAMS / Computer Age Management Services IPO – Promoters

The Promoters of this company is:

  • GREAT TERRAIN INVESTMENT LTD

List of Related Parties (Key Managerial Personnel)

  • Manikandan Gopalakrishnan, Company Secretary and Compliance Officer
  • Somasundaram M., Chief Financial Officer
  • Anuj Kumar, Whole time Director and the CEO

Interest in promotion of the Company

Their Group Companies do not have any interest in the promotion of their Company, apart from HDFC Bank engaging in banking business with the Company in the normal course of business.

Interests of Promoter in property of their Company

Their Group Companies are not interested in the properties acquired by them in the three years preceding the filing of this Draft Red Herring Prospectus or proposed to be acquired by them as on the date of this Draft Red Herring Prospectus.


CAMS IPO Offer Details or Issue Details

Particulars No. Of Equity Shares
 Equity Shares Offered Up to 12,164,400 Equity Shares, aggregating up to Rs.[●]million
Consists of:
Offer for Sale12,164,400 Equity Shares, aggregating up to Rs.[●]million
of which:
Employee Reservation PortionUp to 182,500 Equity Shares
Net OfferUp to 11,981,900 Equity Shares aggregating up to Rs.[●] million
Of which:
QIB PortionNot more than 5,990,950 Equity Shares
Non-Institutional Portion*Not less than 1,797,285 Equity Shares
Retail PortionNot less than 4,193,665 Equity Shares
 Equity Shares outstanding prior to the Issue42,80,341 Equity Shares
 Equity Shares outstanding after the Issue55,85,341 Equity Shares

CAMS IPO Issue Object

These are the IPO Issue Objects of the company:

(i) to carry out the Offer for Sale of up to 12,164,400 Equity Shares by the Selling Shareholders; and

(ii) achieve the benefits of listing the Equity Shares on the BSE. Their Company will not receive any proceeds from the Offer and all such proceeds will go to the Selling Shareholders.

Their Company expects that listing of the Equity Shares will enhance their visibility and brand image. And provide liquidity to their Shareholders and will also provide a public market for the Equity Shares in India.

Computer Age Management Services Limited: Key Strength

  • Largest Infrastructure and Services Provider in a Large and Growing Mutual Funds Market
  • Integrated Business Model and Longstanding Client Relationships in their Mutual Funds Services Business
  • Scalable Technology Enabled Ecosystem
  • Strong Focus on Processes and Risk Management
  • Experienced Management and Board and Marquee Shareholders

CAMS / Computer Age Management Services IPO – Basis of the Offer Price

Qualitative factors:

  • Largest Infrastructure and Services Provider in a Large and Growing Mutual Funds Market
  • Integrated Business Model and Longstanding Client Relationships in their Mutual Funds Services Business
  • Scalable Technology Enabled Ecosystem
  • Strong Focus on Processes and Risk Management
  • Experienced Management and Board and Marquee Shareholders

Computer Age Management Services / CAMS IPO – Quantitative Factors

Basic & Diluted EPSRONW in %NAV (Rs.)
31-Mar-1725.3229.92
31-Mar-1829.9332.91
31-Mar-1926.7529.5690.50
  • Price to Earnings (P/E) ratio in relation to Price band of Rs.1220 to Rs.1230 per Equity Share
ParticularsP/E ratio
Highest
Average
Lowest

Computer Age Management Services Limited: Competitive Peers

There are no listed companies in India that engage in a business similar to that of their Company.


CAMS / Computer Age Management Services IPO Lead Managers

Lead Managers
Kotak Mahindra Capital Company Limited

HDFC Bank Limited*

ICICI Securities Limited*

Nomura Financial Advisory and Securities (India) Private Limited

CAMS / Computer Age Management Services IPO Registrar to Offer

Registrar to the Offer
Link Intime India Private Limited
C-101, 1st Floor, 247 Park, Lal Bhadur
Shastri Marg, Vikhroli (West)
Mumbai 400 083, Maharashtra, India
Tel: +91 22 4918 6200
E-mail: cams.ipo@linkintime.co.in
Investor grievance e-mail: cams.ipo@linkintime.co.in
Website: www.linkintime.co.in
Contact Person: Shanti Gopalkrishnan
SEBI Registration No.: INR000004058

CAMPS IPO – Other Details:

  • Statutory Auditor – Brahmayya & Co., Chartered Accountants
  • Legal Counsel to the Company – Cyril Amarchand Mangaldas
  • Bankers to the Company – HDFC Bank, RBL Bank


CAMS IPO Review by Top 10 Stock Brokers

Top Stock Brokers ReviewCompany ReputationCompetitive EdgeFinancial StatementPopularity IndexPromoters Reputation
Angel Broking7.5/107.4/108.5/108.1/107.1/10
Sharekhan7.2/107.1/108.6/108.1/107.2/10
Kotak Securities7.3/107.5/108.4/108.1/107.3/10
ICICI Direct7.3/107.3/108.7/108.1/107.1/10
IIFL7.5/107.2/108.8/108.0/107.1/10
Edelweiss7.5/107.4/108.4/108.3/107.2/10
Zerodha7.4/107.1/108.5/108.1/107.0/10
5Paisa7.1/107.1/108.4/108.1/107.1/10
Karvy7.4/107.3/108.2/108.1/107.1/10
Motilal Oswal7.1/107.1/108.6/108.3/107.2/10

 


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