Why Subscribe to Computer Age Management Services (CAMS) IPO?

CAMS is India’s largest registrar and transfer agent (RTA) of mutual funds (MFs) with an aggregate market share of 70% based on average MF assets under management (AUM) of its serviced clients as of July 2020.

It services 4 of the 5 largest MFs and is the fastest growing RTA.

CAMS offers technology-enabled infrastructure to MFs and is involved in the entire life cycle of an account.

CAMS business model is highly scalable, has a good margin profile and w/c is a non-factor which results in stellar ROE/RoIC. Currently, cash and investments are ~76% of its net worth.

Continued financialization of savings, growing investor base and growing AUMs are main growth drivers for CAMS.

Issue Highlights

Issue Opens on 21 September 2020
Issue Closes on 23 September 2020
IPO Price ₹ 1,229 - ₹ 1,230 per share
Face Value ₹10 per equity share
IPO Size 2242 Crs.
IPO Lot Size 12 Shares
Listing on Bombay Stock Exchange & National Stock Exchange
QIB 50% of Net Issue
NII 15% of Net Issue
Retail 35% of Net Issue