Mumbai, September 21, 2020: Chennai based, Computer
Age Management Services (CAMS), the India’s largest registrar and transfer
agent of mutual funds; received bids of 1,05,75,864 shares against the offered 1,28,27,370
shares, as per the 3.30 pm data available on the website of BSE. The portion
reserved for retail investors was subscribed 1.40 times. Qualified
Institutional Buyer and Non-Institutional Investor category was subscribed 0.25
and 0.30 times respectively.
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. A total of
13 Mutual funds namely Kotak MF, Nippon India MF, Axis MF, SBI MF amongst
others had applied through 30 schemes The bidding for the IPO closes on
Wednesday, September 23, 2020. The
Company is proposing to raise upto Rs. ₹2,242 cr through its Initial Public
Offering via an OFS of 18,246,600 equity shares. The minimum bid lot is 12
shares thereafter in multiples. The
price band has been fixed at Rs. 338 – Rs. 340 per Equity Share.
Kotak Mahindra Capital Company Limited, HDFC Bank
Limited, ICICI Securities Limited and Nomura Financial Advisory and Securities
(India) Private Limited are the BRLMs to the issue.
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