Rs 2,242 crore CAMS IPO all set to open today | All you need to know
CAMS IPO: The Rs 2,242 crore IPO of Computer Age Management Services Limited (CAMS) Initial Public Offering (IPO) is set to open today. The price band for the issue has been fixed at Rs 1,229-1,230 per share. The CAMS issue will be on offer till 23 September, 2020. The IPO market timings are between 10 am and 5 pm. Know full details of the IPO here!
CAMS IPO: The Rs 2,242 crore IPO of Computer Age Management Services Limited (CAMS) Initial Public Offering (IPO) is set to open today. The price band for the issue has been fixed at Rs 1,229-1,230 per share. The CAMS issue will be on offer till 23 September, 2020. The IPO market timings are between 10 am and 5 pm. Know full details of the IPO here!
Symbol: CAMS
Initial Public offer up to 18,246,600 Equity Shares (including anchor portion of 54,19,230 Equity Shares)
Issue Type - 100 per cent Book Building
Price Range - Rs 1229 to Rs 1230
Post issue Modification Period 24 September 2020 (10 am to 11am)
Discount - Rs 122 per Equity Share for Eligible Employees category
Face Value - Rs 10
Bid Lot 12 - Equity Shares and in multiples thereof
Minimum Order Quantity - 12 Equity Shares
Maximum Subscription Amount for Retail Investor Rs 200,000
Maximum Bid Quantity for QIB Investors 12,644,868 Equity Shares in multiple of 12 Equity Shares
Maximum Bid Quantity for NIB Investors 9,032,040 Equity Shares in multiple of 12 Equity Shares
Categories - FI, IC, MF, FII, OTH, CO, IND, NOH and EMP
Note that use of UPI Id in Application Form is mandatory while applying for equity IPOs through Designated Intermediaries (Syndicate members, Registered Stock Brokers, Registrar and Transfer agent and Depository Participants). All Other Category of Investors shall mandatorily use only Application Supported by Blocked Amount (ASBA) facility for making payments.
Book Running Lead Manager
- Kotak Mahindra Capital Company Limited
- HDFC Bank Limited
- ICICI Securities Limited
- Nomura Financial Advisory and Securities (India) Private Limited
The lot size of CAMS IPO is 12 which mean that investors have to apply for a minimum of 12 shares and in multiples thereof. The entire quantum of shares being sold to investors in CAMS IPO is NSE's 37.5 per cent holding or 1.82 crore shares.
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CAMS is a financial infrastructure and services provider to mutual funds and other financial institutions.
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