Bids by anchor investors shall be submitted, and allocation to them will be completed on September 18, 2020, being one working day prior to the Bid/ Offer Opening Date.
As the Offer is an offer for sale of Equity Shares, CAMS will not receive any proceeds from the Offer.
Initial public offer of up to 18,246,600 equity shares of face value of `10 each (“Equity Shares”) of Computer Age Management Services Limited (“Company” for cash at a price of `[●] per equity share, through an offer for sale of up to 18,246,600 Equity Shares aggregating up to `[●] million (“Offer”/ “Offer for Sale”) by NSE Investments Limited (“Selling Shareholder”). This Offer includes a reservation of up to 182,500 equity shares (constituting up to 0.37% of the post-Offer paid-up Equity Share capital) for purchase by eligible employees (the “Employee Reservation Portion”). The Offer less the Employee Reservation Portion is hereinafter referred to as the “Net Offer”. The Offer and the Net Offer would constitute at least 37.40% and 37.03%, respectively, of our post-Offer paid-up Equity Share capital.
The Offer is being made through book building process in accordance with regulation 19(2)b of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018, as amended where allocation to QIBs is not more than 50% of the Net Offer, Non-Institutional Bidders is not less than 15% of the Net Offer and Retail Individual Bidders is not less than 35% of the Net Offer.
The Company has capital sponsorship from marquee investors such as Great Terrain (an affiliate of Warburg Pincus), HDFC Limited, HDFC Bank Limited and NSE Investments Limited.
Kotak Mahindra Capital Company Limited, HDFC Bank Limited, ICICI Securities Limited and Nomura Financial Advisory and Securities (India) Private Limited are the BRLMs to the issue.