INSUBCONTINENT EXCLUSIVE:
CAMS IPO: Retail investors can bid for minimum one lot of 12 shares, and in multiples upto 13 lots.Computer Age Management Services (CAMS),
financial services and infrastructure provider, is set to launch its initial public offering (IPO) on September 21, 2020
The IPO will open on September 21 and close on September 23, and will be available at a price of Rs 1,250 per share.The Rs 2,258.00 crore
IPO will be an offer-for-sale of 1.22 crore shares by the promoters, including Great Terrain Investment, NSE Investments, Warburg Pincus and
Acsys Investments.Retail investors can bid for a minimum one lot, amounting to 12 shares and in multiples thereafter to a maximum 13 lots
proceeds as this is an offer-for-sale and not a fresh issue,CAMS is headquartered in Chennai and provides services to mutual funds and other
financial institutions in areas such as dividend processing, payments, transaction execution, investor interface and compliance-related
and the just- concluded Route Mobile IPO.This will be the fifth public listing this year, if one considers the SBI Cards and Payment
Services' offering in March and that of Rossari Biotech in July.Kotak Mahindra Capital, HDFC Bank, ICICI Securities and Nomura Financial
Advisory and Securities are the lead managers of the issue.
