Computer Age Management Services (CAMS) IPO Review, Price, Date, Subscription
Computer Age Management Services (CAMS) Pvt. Ltd. is a prominent tech- oriented financial infrastructure and prominent service provider.
CAMS boast to have India’s largest repository of registrar and transfer agents for mutual fund- related services.
CAMS IPO Review in details
Table of Contents
Crisil in its November 2019 report states that CAMS alone dominate the mutual fund market, with 69.4% market share.
CAMs generally provides technology- based solutions in the areas of transaction origination interface, dividend processing, transaction execution, payment, intermediary empanelment, investor interface, report generation, settlement and reconciliation, brokerage computation and compliance- related services.
The company also provides assistance in the areas of electronic payment collection services business, alternative investment funds services business, insurance services business, KYC registration agency business, banking and non- banking services business and software solutions business.
The CEO of CAMS Mr. Anuj Kumar affirmed that the NSE has decided to sell its stake and in the company after the government watchdog agency- Securities and Exchange Board of India (SEBI) directed the top equity share market to let go its holding in the firm.
Despite this, the company still has various investors with it counting private equity giants, Warburg Pincus and the renowned HDFC Group, who’re still ready to bear the designated stake.
The registrar of CAMS IPO is Link Intime India Pvt Ltd. It manages the firm’s share allocation and refunds wing.
Till that the firm has no listed peers with whom the firm’s business operations can be compared.
But CDSL has a single identical functional area as CAMS, so you might consider CDSL a proxy peer.
The firm has three back-office delivery centres located in the metropolitan areas of Chennai, with one BCP site situated at Coimbatore which is about 500 km from Chennai.
CAMS boast of pan India presence with 278 customer service centers along the length and breadth of the country.
The various factions of CAMS have a humongous talent pool of 4,314 permanent resources as on 30th Sept 2019.The fee structure of CAMS services depends on the size of AUM.
The bigger the AUM, the greater will be the revenue generated. Also, the company charges higher fees on Equity Mutual funds as compared to the Debt Funds.
CAMS has nationwide presence with offices in 25 states and 5 union territories, having 278 service centres.
The company also provides assistance online through a dedicated mobile application.
Competitive Strengths and benchmarks of CAMS Company
1. CAMS is the largest infrastructural- service provider for mutual fund related operations.
2. Besides this the company has a diverse portfolio, also offering technology-enabled services
3. A wide client base with pan-India physical network.
4. CAMS employs scalable technology which uplifts their expertise and ecosystem as well.
CAMS Company Promoters:
Great Terrain Investment Ltd is the company’s promoter
Company Financial report-
Summary of financial Information (Restated)
Particulars | For the financial year/period ended (₹ in Million) |
|||
Sept 30’ 19 | Mar 19’ 19 | Mar 31’ 18 | Mar 31’ 17 | |
Assets worth | 8,871.15 | 7,363.24 | 6,978.48 | 5,848.49 |
Revenue generated | 3,600.29 | 7,114.96 | 6,614.52 | 5,026.38 |
Profit made after Tax deductions | 827.49 | 308.95 | 1,463.05 | 1,242.16 |
Vision of the Issue of CAMS IPO:
The vision of the issue is:
1.To make sales of 164,400 Equity Shares to the shareholders.
2. Achieving the benefits of listing of the equity shares on the BSE.
CAMS IPO Details
IPO Date | 21Sep 2020 |
Type of issue | Book Built Issue IPO |
Size of issue | Eq shares worth 12,164,400(aggregating up to ₹2,000.00Cr) |
Face value of share | ₹10/equity share |
IPO price range | to per equity share |
IPO listing at | BSE, NSE |
CAMS IPO Promoter Holding
Pre Issue Share Holding | 43.53% |
Post Issue Share Holding |
Tentative Open Date: 21st Sept 2020
Read List of all Upcoming IPO in details