CAMS IPO fully subscribed. Key things to know before you invest

The IPO of CAMS, which opened on Monday, was fully subscribed by 11 am on Day 2. The share price band of Computer Age Management Services Limited (CAMS) issue has been fixed at ₹1,229-1,230. The issue closes on Wednesday. Ahead of the ₹2,250 crore IPO, CAMS, which acts as a …

Read moreCAMS IPO fully subscribed. Key things to know before you invest

CAMS’ profits hinge on growth in mutual funds’ assets under management

MUMBAI: As a registrar and transfer agent for mutual funds, Computer Age Management Services Ltd is one of the first to go public, offering a little over 18 million shares. The firm’s business largely depends on growth in assets under management of mutual funds, which could at times get patchy. …

Read moreCAMS’ profits hinge on growth in mutual funds’ assets under management

Bidding for CAMS IPO kicks off: Here’s what leading brokerages say

NEW DELHI: The Rs 2,242 crore initial public offering (IPO) by Computer Age Management Services (CAMS) opened for bidding on Monday. The Warburg Pincus-backed company last week raised Rs 666.57 crore from a total of 35 investors at Rs 1,230 per share ahead of the public issue. The price band …

Read moreBidding for CAMS IPO kicks off: Here’s what leading brokerages say

Ahead of IPO, CAMS raises Rs 666.57 crore through anchor investments

Mumbai: Computer Age Management Services (CAMS) raised Rs 666.57 crore from a total of 35 investors ahead of the opening of its initial public offer on Monday. The anchor allotment was done at Rs 1,230 per share. Smallcap World Fund is the biggest investor as it is allocated 9 per …

Read moreAhead of IPO, CAMS raises Rs 666.57 crore through anchor investments