A Detailed Overview of Computer Age Management Services (CAMS) IPO

Computer Age Management Services (CAMS), India’s biggest registrar & transfer operator of mutual funds, is entering the essential capital market with its initial public offering (IPO) of equity shares of the assumed worth of Rs 10 per stock. The value band has been fixed between Rs 1,229 and Rs 1,230. The base bid parcel is 12 equity shares and in products of 12 equity shares, from that point.
The size of IPO is Rs 2,242 crore at the upper-value band, and the whole issue is a proposal available to be purchased of 18,246,600 value shares by the selling shareholder. This offer incorporates a booking of up to 182,500 value shares (establishing up to 0.37 per cent of the post-offer settled up equity share capital) for buy by qualified workers. They are offered a markdown of Rs 122 for each bid. The organization won’t get any returns from the offer, and all such continues will go to the selling investor, which for this situation is NSE Investments, an auxiliary of National Stock Exchange. This deal was required because it will make ready for the posting of the organization on the NSE stage later on. At the upper price band, the market capitalization of the organization will remain at Rs 6,001 crore.
The IPO will open for public membership on 21st September and closes on 23rd September.

1 Comment

Leave a Reply

Your email address will not be published.


*


The maximum upload file size: 512 MB. You can upload: image, audio, video, document, spreadsheet, interactive, text, archive, code, other. Links to YouTube, Facebook, Twitter and other services inserted in the comment text will be automatically embedded. Drop file here