CAMS IPO Detail

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

SNName of ShareholderNo. of Equity Shareholders% of Pre – offer Equity holding
1Great Terrain        2,12,24,00043.53%
2NSE        1,82,85,00037.50%
3HDFC           29,20,7245.99%
4HDFC Bank           16,23,7083.33%
 Total 90.35%

Financial Summary

 Sep’19Mar’19Mar’18Mar’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% 
EPS16.9726.7529.9325.32
Dividend Per Share6.522.4719.712.24

Strengths

  1. Largest infrastructure and services provider of mutual fund
  2. Technology driven services
  3. Scalable technology enabled ecosystem
  4. 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 DatesSep 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 ValueRs. 10/- Per Share
Price BandRs. 1229 – 1230 Per Share
Min Market Lot12 Shares
Employee DiscountRs. 122/- Per Share
Listing PlatformBSE 
Min Investment Amt (Retail)Rs. 14,760/-
Max Investment Amt (Retail)Rs. 191,880/-

CAMS IPO Schedule

Offer Start DateSep 21, 2020
Offer End DateSep 23, 2020
Finalisation of basis of allotmentSep 28, 2020
Initiation of RefundsSep 29, 2020
Credit of shares to Demat A/cSep 30, 2020
Listing DateOct 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
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