Computer Age Management Services Limited IPO

September 18, 2020

This is to inform you that Computer Age Management Services Limited (CAMS) is coming out with a public issue to raise Rs.2242 crore from the market.

The issue opens on September 21 and closes on September 23, 2020.

Details of the Computer Age Management Services Limited (CAMS)

Company Details :
  • CAMS is a technology-driven financial infrastructure and services provider to mutual funds and other financial institutions with over two decades of experience. They are India’s largest registrar and transfer agent of mutual funds with an aggregate market share of approximately 70% based on mutual fund average assets under management (“AAUM”) managed by its clients and serviced by them during July 2020, according to the CRISIL Report.
  • Over the last five years, it has grown its market share from approximately 61% during March 2015 to approximately 69% during March 2020, based on AAUM serviced, according to the CRISIL Report.
  • CAMS mutual fund clients include four of the five largest mutual funds as well as nine of the 15 largest mutual funds based on AAUM during July 2020, according to the CRISIL Report.
  • With the initiative of creating an end-to-end value chain of services, CAMS has grown its service offerings and currently provide a comprehensive portfolio of technology based services, such as transaction origination interface, transaction execution, payment, settlement and reconciliation, dividend processing, investor interface, record keeping, report generation, intermediary empanelment and brokerage computation and compliance related services, through its pan-India network to its mutual fund clients, distributors and investors.
  • CAMS also provide certain services to alternative investment funds, insurance companies, banks and non-banking finance companies.
Issue Period : Issue opens on: Monday, September 21, 2020
Issue closes on: Wednesday, September 23, 2020
Price Band : Rs. 1,229/- to Rs. 1,230/- per equity shares
Bid Lot : 12 shares and in multiple thereof
Employee Discount : Rs.122 per equity shares
Issue Size : Rs.2242 cr.
Employee reservation : 182500 equity shares (Rs.20 cr.)
Issue break-up : QIB - 50 % of the Net offer – Rs. 1111 crore
NIB - 15 % of the Net offer - Rs. 333 crore
RET - 35 % of the Net offer - Rs. 778 crore
Listing : Bombay Stock Exchange
Registrar : Link Intime India Pvt. Ltd.
UPI : All retail applications through brokers are compulsorily in UPI Mode

Watch these 4 videos to know how to apply for the Computer Age Management Services Limited (CAMS) IPO online easily

Step 1: Create an UPI ID

Create UPI ID

How to Create UPI ID CTA
Step 2: Apply for IPO online using mobile app or website

Step 3: Authorise UPI mandate to block payment

Authorised UPI ID

Authorised UPI ID CTA

Remember these points while applying for IPOs

  • With Sharekhan, you can now fill and submit your IPO application online at your convenience anytime before an issue closes. This can be done through the Sharekhan app or website.
  • You will need a mobile phone with a SIM linked to your bank account offering the UPI facility and a debit card to create your UPI ID.
  • Currently, UPI works on the following mobile applications:
    Name of App (Supported Platforms) VPA Handle
    BHIM Baroda Pay (only Android) @BARODAMPAY
    BHIM Oriental Pay (Only Android) @obc
    BHIM RBL Pay (Android & iOS) @rbl
    BHIM (android & iOS) @upi
    BHIM ALLBANK UPI (only Android) @allbank
    BHIM Axis Pay (only android) @axisbank
    BHIM IndusPay (only Android) @indus
    BHIM Lotza UPI (only Android) @federal
    BHIM SBIPay (only android) @sbi
    Citi Mobile (android & iOS) @citi & @citigold
    Google Pay (android & iOS) @okhdfcbank | @okaxis | @oksbi | @okicici
    HSBC Simply Pay (android & iOS) @hsbc
    iMobile by ICICI Bank (android users) @icici
    Kotak Mobile Banking App (Android) @kotak
    Phone-Pe (android & iOS) @ybl
    SIB Mirror+ (only Android) @sib
  • To avoid rejection, download the latest version of the app.
  • Remember to select UPI as the payment option in the IPO application form by providing your UPI ID.
  • As soon as you submit your application through the mobile app or website, you will receive an SMS from National Payments Corporation of India (NPCI) informing you that your UPI mandate has been generated.
  • The app passcode and the UPI PIN can be different; remember to enter only the UPI PIN while authorising the UPI mandate. Note that you should not share your UPI PIN with anyone.
  • If you forget the UPI PIN, simply reset it instead of entering a wrong one.
  • If the transaction gets through, you will receive a “Transaction is successful” message on your mobile.
  • There are two possible scenarios post-allotment: On full allotment, funds will be debited from your account. If there is no allotment of shares, the blocked funds will be released after the end date or expiry date of the UPI mandate.
Published by Team Internal Communications
This newsletter is for internal circulation only. It may not be published, reproduced or quoted in part or in whole, nor may it be published on social media without prior consent. The content is strictly copyright and reproduction of the whole or part of it in any form is prohibited without written permission from the Internal Communications department of Sharekhan.
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