ndia’s Largest RTA CAMS debuts on BSE at 23% premium

By -

 Mumbai, 1 October, 2020: Chennai based, Computer Age Management Services (CAMS), the India’s largest registrar and transfer agent of mutual funds; opened IPO on September 21, 2020 and closed on September 23, 2020 listed on the BSE and NSE at a 23% premium. The initial public offering was offered at a lower price band of Rs. 1,229 per share and higher price band of  Rs. 1,230 per share and found a great response from all investor categories to be subscribed over 46.93 times, generating a great response from investors.

Bids of 6,019,36,188 shares were received against the offering of 1,28,27,370 shares. The portion reserved for retail investors was subscribed 5.44 times. Non-Institutional Investor category was subscribed 111.85 times and Qualified Institutional Buyer category was subscribed 73.18 times.

The shares of the company listed at Rs. 1,518 per share and touched a high of Rs. 1,550 per share and closed lower at Rs.1401.60 per share. The total quantity traded on BSE today was 1.31 crore shares with a total delivery percentage of 53.82%. The Market Capitalization of the Company post today’s closing price stands at Rs. 6837.96 crores.

The Company had raised 666.56 crs from 35 anchor investors which included globally acclaimed institutions such as SmallCap World Fund, HSBC, Abu Dhabi Investment Authority, Caisse de Depot et Placement First State Investments, Eastspring Investments, Fidelity Investment Trust, Goldman Sachs, Govt. of Singapore, Nomura Funds Ireland Public Ltd Company.

Speaking on this momentous occasion - Mr. Anuj Kumar, CEO, CAMS. said “Evolving to become the largest Registrar and Transfer Agent to Mutual Fund industry and a service partner to the larger financial services segment and market participants, we have come a long way. I am humbled by the response to the IPO.  The faith reposed in the organization has been tremendous and it certainly motivates us to heighten our performance for our clients and stake-holders”

Narendra Ostawal, Managing Director, Warburg Pincus added “It’s indeed a momentous occasion for CAMS to have successfully completed its IPO. This is a culmination of a lot of perseverance over decades to build an institution. We are excited at this partnership with Anuj and the management team to take it to greater heights”

Comments

Post a Comment

Popular posts from this blog

QNet launches New Luxury Chairos Watches

By -
Image
·           Five new luxury watches  - Alpine Neo, Vector,  Crusader, Aquatica and Latitude launched in India under Chairos brand ·           Price range of the new collection is from Rs 62,000 to Rs 1,00,000 New Delhi, February 12  2018 :   Leading Asian direct selling company QNet has launched five new models under its luxury watch brand - Chairos. The Chairos brand is QNet’s proprietary range of luxury and sports watches exclusively for India. The new Chairos watches have been designed to combine form and functionality with timeless elegance and style. Commenting on the launch of the new range of watches, Trevor Kuna, Global CEO of QNet said, “Men typically don’t have many options for accessories to splurge on and watches have been known to convey a subtle message about the wearer’s personality. India is a fast growing global economy and more men are turning to active lifestyles, travel and exploring new experiences. Chairos is our flagship brand in India and we want
Read more

नान- शूगर स्वीटनरज़ प्रसिद्ध हो गए हैं: एफ आई सी सी आई सेमीनार मिथ को खत्म करता है और कम कैलरी वाले स्वीटनरज़ के स्वास्थ्य लाभों के बारे में बताता है

By -
मुंबई , 22  जून  2023:   एफ आई सी सी आई ने आज एक सेमीनार को आयोजित किया जिसमें  WHO NUGAG  निर्देशों के बारे में बताया हया जो की नान – शूगर स्वीटनरज़ (एन एस एस) के इस्तेमाल के साथ सम्बंधित हैं।  सेमीनार में आधुनिक विज्ञान सबूत और विश्व स्वास्थ्य संस्था (डब्ल्यू एच ओ) और प्रमुख भारतीय माहिरों के सुझावों की समीक्षा दी गई है। एफ आई सी सी आई ने कार्यवाही की मुख्य ज़रूरत को स्वीकार किया और उन उपायों को अपनाने पर जोर दिया जो ‘स्मार्ट विकल्पों ,  स्मार्ट लाभों और स्मार्ट भविष्य’ को प्रोत्साहित करते हैं।    इन्डियन काउंसिल आफ मेडिकल रिसर्च – इण्डिया डायबटीज़  (ICMR-INDIAB)  द्वारा किये गए हालिया अध्ययन के अनुसार ,  जो यह पुष्टि करता है कि भारत में 101 मिलियन डायबटीज़ के मरीज़ हैं ,  जिससे भारत आज एक डायबेटिक राष्ट्र बन गया है। मेडिकल ,  न्यूट्रीशनल ,  और विज्ञान क्षेत्रों के मुख्य माहिरों के सम्बन्ध में ,  जिसमें  डाक्टर वी मोहन  पदम् श्री अवार्डी ,   डाक्टर बी सेसीकरन ,  डाक्टरमंगेश तिवास्क्र ,  डाक्टर राजीव चावला ,  डाक्टर जगमीत मदान ,  और डाक्टर पुलकित माथुर ,  ने सेमीनार में क्रियाशील तौर पर भा
Read more

Pension Adalat

By -
The Chief Postmaster General, Maharashtra Circle, Mumbai will be holding the 53rd Postal Pension Adalat for pensioners/family pensioners of Postal Department on 29th Sept 2023 at 11.00 Hrs, in the Office of Chief Postmaster General, Maharashtra Circle, Mumbai -400 001. Grievances regarding pensionary benefits pertaining to those who retired/died while in service from Department of Posts, Pensioners of Postal Department, Maharashtra and Goa States, which have not been settled within 3 months, will only be entertained in the Postal Pension Adalat.  Cases involving purely legal points i.e. succession, Notional pension, TBOP/MACP Promotion, stepping up of pay and disciplinary cases involving policy matters and cases pending for review of DPC will not be considered in Pension Adalat .  Pensioner should forward their grievance individually (not in bulk or on behalf of others) in triplicate in the proforma attached to Accounts Officer, Pension Adalat, O/o Chief Postmaster General, Maharashtr
Read more