CAMS Business Overview
Incorporated in 1988, CAMS is a mutual fund transfer Agency. CAMS is co-owned by NSE Limited and HDFC Bank Group, Warburg Pincus LLC and Acsys Investments Pvt Ltd with headquarter in Chennai.
HDFC Group invested in Company in 2000 and NSE took a position in company in Dec 2013.
CAMS had handled IPOs like IPCA Laboratories, Wockhardt Ltd.
As of Dec 2018, CAMS employs about 7000+ people and offers varied services to the Mutual Funds, Insurance and Banking industries through its network of 270+ locations all over India
As per the Crisil Nov 2019 report, it has a 69.4% mutual fund aggregate market share.
CAMS provide services to Mutual Fund, Insurance, Private Equity, KRA
Services offered
- Holding Mutual Fund policies in Demat Form
- Digital bank A/c opening, Loan Processing, Back-office Processing services.
- Verify and maintain KYC records of Investors for use by financial institutions.
- Dividend issuance, dispatch and reconciliations
- Brokerage computation and Payouts
CAMS FinServ has obtained an In-Principal Approval from Reserve Bank of India to conduct Account Aggregation(AA) Services in India.
CAMS FinServ, one of the 8 AAs in India, is completely data blind and is a pure platform service provider. The beauty of AA is that the data from the consent creation stage onward is 100% encrypted and the authorized Information User alone gets to decrypt the information shared with them. AAs do not get to store any of the customer data and provide complete guarantee to the safe sharing of the Financial Information with his authorized user.
PROMOTER: GREAT TERRAIN INVESTMENT LTD
Pre-Issue Major Equity Shareholders
| SN | Name of Shareholder | No. of Equity Shareholders | % of Pre – offer Equity holding |
| 1 | Great Terrain | 2,12,24,000 | 43.53% |
| 2 | NSE | 1,82,85,000 | 37.50% |
| 3 | HDFC | 29,20,724 | 5.99% |
| 4 | HDFC Bank | 16,23,708 | 3.33% |
| Total | 90.35% |
Financial Summary
| Sep’19 | Mar’19 | Mar’18 | Mar’17 | |
| Revenue | 360.03 | 711.50 | 661.45 | 502.64 |
| Revenue Growth | 8% | 32% | ||
| Expenses | 239.61 | 510.62 | 434.87 | 313.45 |
| Profit After Tax (PAT) | 82.75 | 130.90 | 146.31 | 124.22 |
| Profit Growth | -11% | 18% | ||
| EPS | 16.97 | 26.75 | 29.93 | 25.32 |
| Dividend Per Share | 6.5 | 22.47 | 19.7 | 12.24 |
Strengths
- Largest infrastructure and services provider of mutual fund
- Technology driven services
- Scalable technology enabled ecosystem
- Strong Focus on Processes and Risk Management
Objects of the Issue
The objects of the Offer are:
1. Offer for Sale of up to 12,164,400 Equity Shares by the Selling Shareholders on BSE
CAMS IPO Details
| IPO Detail | |
| Issue Dates | Sep 21 – Sep 23, 2020 |
| Issue Size (Fresh Issue) | 1,82,46,600 Eq Shares of ₹10 (aggregating up to Rs. 2,244.33 Cr) |
| Issue Size (Offer for Sale) | 1,82,46,600 Eq Shares of ₹10 (aggregating up to Rs. 2,244.33 Cr) |
| Face Value | Rs. 10/- Per Share |
| Price Band | Rs. 1229 – 1230 Per Share |
| Min Market Lot | 12 Shares |
| Employee Discount | Rs. 122/- Per Share |
| Listing Platform | BSE |
| Min Investment Amt (Retail) | Rs. 14,760/- |
| Max Investment Amt (Retail) | Rs. 191,880/- |
CAMS IPO Schedule | |
| Offer Start Date | Sep 21, 2020 |
| Offer End Date | Sep 23, 2020 |
| Finalisation of basis of allotment | Sep 28, 2020 |
| Initiation of Refunds | Sep 29, 2020 |
| Credit of shares to Demat A/c | Sep 30, 2020 |
| Listing Date | Oct 01,2020 |
CAMS IPO Registrar
Link Intime India Pvt Ltd
C-101, 247 Park, LBS Marg, Vikhroli(W), Mumbai -400083
Phone: +91-22-4918-6270
Email: cams.ipo@linkintime.co.in
Website: https://www.linkintime.co.in
CAMS IPO Lead Manager(s)
- ICICI Securities Ltd
- HDFC Bank Ltd
- Kotak Mahindra Capital Company Ltd
- Nomura Financial Advisory & Securities (I) Pvt Ltd.
- Nomura Financial Advisors & Sec (I) Pvt Ltd