About the company
CAMS is the largest registrar and transfer agent of mutual funds in India.
According to a Crisil report published in Nov 2019, CAMS Ltd has a 69.4% share in the Indian mutual fund market. It provides technology-driven services such as transaction origination interface, transaction execution, dividend processing, intermediary empanelment, report generation, investor interface, settlement and reconciliation, compliance-related services, and brokerage computation.
The initial public offering consists of an offer for sale of 1,82,46,600 equity shares by the NSE Investments, the subsidiary of the National Stock Exchange of India. The company aims to raise ₹2,242 crore through the public issue. The price band has been fixed at ₹1,229–₹1,230.
How to subscribe for the shares
Employees can subscribe for the shares at a discount of ₹122 per equity share. The company has reserved 1,82,500 equity shares for this purpose. The minimum quantity for bidding is 12 equity shares and in multiples of 12 shares thereafter.
When the RHP was filed on 11 September 2020, Great Terrain, an affiliate of Warburg Pincus, held 43.50% equity stake in the company, NSE Investment held 37.48%, HDFC group held 12.5%, Faering Capital India held around 4% and Acsys held 1.94%.
To apply for this IPO:Visit asthatrade.com->e-IPO