IPO Overview – Computer Age Management Services LTD (CAMS)

CSR-_2
News

IPO Overview – Computer Age Management Services LTD (CAMS)

ABOUT THEIR PROFILE

  • India’s largest mutual fund registrar with 70% market share
  • Mutual fund holding statement generation
  • Mutual fund investor folio management
  • Dividend processing & daily all types of mutual fund transaction execution
  • Brokerage computation & settlements & reconciliation
  • Mutual fund transactions report generation

THEIR STRENGTHS

  • Largest infrastructure of mutual fund transactions processing
  • 100% technology driven services
  • Pan-India presence
  • Scalable business
  • Negligible competition
  • Profit making with good revenue growth

ISSUE DETAILS

  • Issue Open & Close: Monday 21st Sept to Wednesday 23rd Sept
  • 100% offer for sale; shares sold by pre-IPO investors
  • Issue Size: About Rs.2200 crore
  • Retail Portion: 35%
  • Price Band: Rs.1229 to Rs.1230 ( Minimum Bid Lot: 12 shares & in multiples)
Retail LotsNo. of SharesPrice Per ShareApplication Amount
1 lot (minimum)121230.0014760.00
2 lots241230.0029520.00
3 lots361230.0044280.00
4 lots481230.0059040.00
5 lots601230.0073800.00
6 lots721230.0088560.00
7 lots841230.00103320.00
8 lots961230.00118080.00
9 lots1081230.00132840.00
10 lots1201230.00147600.00
11 lots1321230.00162360.00
12 lots1441230.00177120.00
13 lots (maximum)1561230.00191880.00

SHOULD YOU INVEST?

  • First such company to go public so first mover advantage
  • Return on Equity above 30%
  • P/E stands at 36.81, pretty high for comfort and no comparisons due to no peers
  • Might find investor fancy due to the type of business and also scalable
  • Listing gains would depend on number of times subscription
  • Looks good as a long term investing stock with good business prospects and proven management

INVESTING TIP: WATCH THE SUBSCRIPTION LEVELS TILL 12 NOON ON 3rd DAY (23rd SEPT) AND THEN DECIDE TO INVEST; IF THE ISSUE HAS OVERSUBSCRIBED BY AT LEAST 10 TIMES, MAYBE WORTH INVESTING. IF MARKET SENTIMENTS REMAIN TO BE BULLISH THE ISSUE MAY WITNESS A BUMPER LISTING

Select the fields to be shown. Others will be hidden. Drag and drop to rearrange the order.
  • Image
  • SKU
  • Rating
  • Price
  • Stock
  • Availability
  • Add to cart
  • Description
  • Content
  • Weight
  • Dimensions
  • Additional information
  • Attributes
  • Custom attributes
  • Custom fields
Click outside to hide the compare bar
Compare
Wishlist 0
Open wishlist page Continue shopping
Open chat