CAMS IPO gets fully subscribed on Day 2; retail quota sees 1.7 times bids

NEW DELHI: The Rs 2,242 crore initial public offer (IPO) by Computer Age Management Services (CAMS) got fully subscribed on Day 2 of the bidding process. Data compiled from NSE and BSE suggested the issue received bids for 1,29,46,320 shares, which was 1.01 times the issue size of 1,28,27,370 shares. …

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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. …

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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