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Computer Age Management Services Ltd IPO (CAMS IPO) Detail

September 21, 2020 - September 23, 2020

CAMS IPO is a book built issue of Rs 2,244.33 crores. The issue is entirely an offer for sale of 1.82 crore shares.

CAMS IPO bidding started from September 21, 2020 and ended on September 23, 2020. The allotment for CAMS IPO was finalized on Monday, September 28, 2020. The shares got listed on BSE on October 1, 2020.

CAMS IPO price band is set at ₹1229 to ₹1230 per share. The minimum lot size for an application is 12 Shares. The minimum amount of investment required by retail investors is ₹14,760.

The issue includes a reservation of up to 182,500 shares for employees offered at a discount of Rs 122 to the issue price.

Hdfc Bank Limited, ICICI Securities Limited, Kotak Mahindra Capital Company Limited and Nomura Financial Advisory And Securities (India) Pvt Ltd are the book running lead managers of the CAMS IPO, while Link Intime India Private Ltd is the registrar for the issue.

Refer to CAMS IPO RHP for detailed information.

CAMS IPO Details

IPO Date September 21, 2020 to September 23, 2020
Listing Date October 1, 2020
Face Value ₹10 per share
Price Band ₹1229 to ₹1230 per share
Lot Size 12 Shares
Total Issue Size18,246,600 shares
(aggregating up to ₹2,244.33 Cr)
Offer for Sale18,246,600 shares of ₹10
(aggregating up to ₹2,244.33 Cr)
Employee Discount Rs 122 per share
Issue Type Book Built Issue IPO
Listing At BSE

CAMS IPO Reservation

CAMS IPO offers 12,827,370 shares. 3,612,820 (28.16%) to QIB, 2,709,615 (21.12%) to NII, 6,322,435 (49.29%) to RII, 182,500 (1.42%) to employees. 526,869 RIIs will receive minimum 12 shares and (sNII) and (bNII) will receive minimum 168 shares. (in case of oversubscription)

Investor Category Shares OfferedMaximum Allottees
Anchor Investor Shares Offered-NA
QIB Shares Offered3,612,820 (28.16%)NA
NII (HNI) Shares Offered2,709,615 (21.12%)
Retail Shares Offered6,322,435 (49.29%)526,869
Employee Shares Offered182,500 (1.42%)NA
Total Shares Offered12,827,370 (100%)

CAMS IPO Timeline (Tentative Schedule)

CAMS IPO opens on September 21, 2020, and closes on September 23, 2020.

IPO Open Date Monday, September 21, 2020
IPO Close Date Wednesday, September 23, 2020
Basis of Allotment Monday, September 28, 2020
Initiation of Refunds Tuesday, September 29, 2020
Credit of Shares to Demat Wednesday, September 30, 2020
Listing Date Thursday, October 1, 2020
Cut-off time for UPI mandate confirmation 5 PM on September 23, 2020


Investors can bid for a minimum of 12 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.

Application Lots Shares Amount
Retail (Min) 1 12 ₹14,760
Retail (Max) 13 156 ₹191,880
Lot Size Calculator

CAMS IPO Promoter Holding

Great Terrain Investment Ltd is the promoter of the company.

Share Holding Pre Issue 43.53%
Share Holding Post Issue

About Computer Age Management Services Ltd

Computer Age Management Services (CAMS) Ltd is a technology-driven financial infrastructure and service provider. It is India's largest registrar and transfer agent of mutual funds. As per the Crisil Nov 2019 report, it has a 69.4% mutual fund aggregate market share.

CAMS currently provides technology-based services including dividend processing, transaction origination interface, payment, transaction execution, dividend processing, intermediary empanelment, report generation, investor interface, settlement and reconciliation, compliance-related services, and brokerage computation.

The company provides services in the area of electronic payment collections services business, insurance services business, alternative investment funds services business, banking, and non- banking services business, KYC registration agency business, and software solutions business. CAMS has a wide network comprising 25 states, 278 service centers, and five union territories. It also offers services online through a mobile application.

Competitive Strengths

1. Largest infrastructure and services provider of mutual fund
2. A diverse portfolio of technology-enabled services
3. Pan-India physical network
4. Scalable technology enabled ecosystem

Company Financials

Summary of financial Information (Restated)
Particulars For the year/period ended (Rs in Million)
30-June-20 31-Mar-20 31-Mar-19 31-Mar-18
Total Assets 8,354.53 8,025.34 7,363.24 6,978.48
Total Revenue 1,634.61 7,213.43 7,118.08 6,578.20
Profit After Tax 408.25 1,734.56 1,308.95 1,463.05

Objects of the Issue (CAMS IPO Objectives)

The objects of the Offer are:

1. To carry out the Offer for Sale of up to 18,246,600 Equity Shares by the Selling Shareholders; and
2. Achieve the benefits of listing the Equity Shares on the BSE.

CAMS IPO Review (May apply)

[Dilip Davda]  The issue appears fully priced on the basis of its financial data and P/E, P/BV parameters. However, this being the first move in this segment will catch fancy post listing. The company enjoys a lion share in the field of its business segment. Since NSE group is exiting in full from its investment in this company and will pave the way for shares getting listed on NSE as well going forward. Considering this, investors may invest with a long term perspective. Read detail review...

CAMS IPO Subscription Status (Bidding Detail)

The CAMS IPO is subscribed 46.99 times on September 23, 2020 6:48:04 PM. The public issue subscribed 5.54 times in the retail category, 73.18 times in the QIB category, and 111.85 times in the NII category. Check Day by Day Subscription Details (Live Status)

Application Wise IPO Subscription (Retail): 2180750 times

CategorySubscription (times)

CAMS IPO Offer Size by Investor Category

The Percentage of Offer Size available for Allotment/allocation:

  • QIBs: 50%
  • Non-Institutional Investors: 15%
  • Retail Individual Investors: 35%

CAMS IPO Employees Reservation

A discount of Rs 122 per Equity Share is being offered Eligible Employee Bidding in the Employee Reservation Portion. up to 182,500 Equity Shares are reserved for employees. Note:

  • When using UPI as a payment method, the primary account holder in the bank and demat should be the same person. Use of 3rd party UPI ID or 3rd party bank account is not allowed.
  • When using ASBA, up to 5 CAMS IPO applications can be applied from the same bank that offers the 3rd Party ASBA IPO application.
  • HUF and Minors can only apply using ASBA from the banks that offer the 3rd Party ASBA IPO application. i.e. SBI, Axis bank. Click here for more detail.

Risks to Investors

  • The 4 Lead Managers associated with the Offer have handled 17 public issues in the past three years out of which 6 issues closed below the issue price on the listing date.
  • The PE ratio based on diluted EPS for FY 2020 for the Issuer at the upper end of the Price Band is as high as 34.61.
  • Average cost of acquisition of Equity Shares for the Selling Shareholder namely NSE Investments Limited is Rs 187.86 per Equity Share and the Offer Price at the upper end of the Price Band is Rs 1,230 per Equity Share.
  • Weighted Average Return on Net Worth for Fiscals 2020, 2019, and 2018 is 31.40%.

CAMS IPO Prospectus


Rating:Rated 4.2 stars
Vote Here ...

CAMS IPO Listing Details

Listing Date October 1, 2020
BSE Script Code 543232
ISIN INE596I01012
Final Issue Price ₹1230 per share

Pre-Open Session - BSE

Listing Day Trading Information

Price Details
Final Issue Price
Last Trade

Check IPO Performance…

Computer Age Management Services Ltd Contact Details

Computer Age Management Services Ltd
New No. 10,
Old No. 178, M.G.R. Salai,
Nungambakkam, Chennai 600 034,
Phone: +91 44 2843 2770

CAMS IPO Registrar

Link Intime India Private Ltd

Phone: +91-22-4918 6270


CAMS IPO is a main-board IPO of 18,246,600 equity shares of the face value of ₹10 aggregating up to ₹2,244.33 Crores. The issue is priced at ₹1229 to ₹1230 per share. The minimum order quantity is 12 Shares.

The IPO opens on September 21, 2020, and closes on September 23, 2020.

Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE.

Zerodha customers can apply online in CAMS IPO using UPI as a payment gateway. Zerodha customers can apply in CAMS IPO by login into Zerodha Console (back office) and submitting an IPO application form.

Steps to apply in CAMS IPO through Zerodha

  1. Visit the Zerodha website and login to Console.
  2. Go to Portfolio and click the IPOs link.
  3. Go to the 'CAMS IPO' row and click the 'Bid' button.
  4. Enter your UPI ID, Quantity, and Price.
  5. ‘Submit’ IPO application form.
  6. Visit the UPI App (net banking or BHIM) to approve the mandate.

Visit Zerodha IPO Application Process Review for more detail.

The CAMS IPO opens on September 21, 2020 and closes on September 23, 2020.

CAMS IPO lot size is 12 Shares, and the minimum amount required is ₹14,760.

You can apply in CAMS IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.

The finalization of Basis of Allotment for CAMS IPO will be done on Monday, September 28, 2020, and the allotted shares will be credited to your demat account by Wednesday, September 30, 2020. Check the CAMS IPO allotment status.

The CAMS IPO listing date is on October 1, 2020.
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CAMS IPO Message Board

Ranked Members of Forum  Ranked Members | Most Liked Members



780. Chem cho |   Link |  Bookmark |October 9, 2020 10:50:38 AM
IPO Guru IPO Guru (2500+ Posts, 2700+ Likes)
BUYING SEEN AT 1295 -1300 TODAY 9/10/2020

780.4. Chem cho |   Link |  Bookmark |October 16, 2020 11:26:12 AM
IPO Guru IPO Guru (2500+ Posts, 2700+ Likes)
YESTERDAY ON 15/10/2020
TODAY on 16/10/2020 nifty @ 11720 from 12000
STILL THERE IS CHANCE TO BUY AT 1336 AT 10.25 ON 16/10/2020
780.5. Chem cho |   Link |  Bookmark |October 16, 2020 7:39:04 PM
IPO Guru IPO Guru (2500+ Posts, 2700+ Likes)
i have the tested graph for lows for IPO ,
which i have given for most IPO and for CAMS
but from now on wards i find there are more people on the board who want to make
comments only ,
hence from now i have started giving the lows with a difference to Rs 15 to Rs 20

779. prafs |   Link |  Bookmark |October 12, 2020 8:42:25 PM
Is anyone amount unblocked of CAMS ,my amount is still blocked 12.10.2020.
778. deepanshkrishna |   Link |  Bookmark |October 8, 2020 1:12:46 PM
vignesh are you sure about this ? That the lien will expire tomorrow and the amount will be automatically unblocked?
778.5. sonisandeep |   Link |  Bookmark |October 9, 2020 10:10:14 PM
I didnt get yet. plz help me
778.6. deepanshkrishna |   Link |  Bookmark |October 9, 2020 11:55:33 PM
sonisandeep wait till mid night the lien will expire today
777. Arunblr |   Link |  Bookmark |October 9, 2020 11:26:45 PM
Top Contributor Top Contributor (300+ Posts, 100+ Likes)
Today I sold CAM 12 nos (IPO allotted) share through BoB OLT in delivery mode. I received message from CDSL regarding 12 nos debit CAM share.
Why Rs 4000 is amount deducted from my account. I log in through net banking and it is mentioned as remark as OLT ( on line trading ). Please advice.
776. sonisandeep |   Link |  Bookmark |October 9, 2020 10:07:12 PM
i applied through UPI pnb still my amount blocked. mandate also expired today but no refund what to do now? can anybody help me into this
775. Adityasingh |   Link |  Bookmark |October 9, 2020 3:36:29 PM
Stay or leave, I was told that this will cross 1600 mark soon
774. saurabhsg |   Link |  Bookmark |October 7, 2020 10:22:35 PM
Money is still blocked by my bank. I went to my bank they told me that this problem is with SEBI. when they will unblock your payment we will release it.
Please try to unblock my payment or let me know the steps on this.
Waiting for the response.
Please suggest.
774.1. Vignesh Perumal |   Link |  Bookmark |October 8, 2020 12:21:19 PM
Same here, Applied through UpStock & Bhim UPI, amount is still blocked. The lien will expire on 9th Oct, 2020. So the amount will be Auto Unblocked on 10th Oct.
773. deepanshkrishna |   Link |  Bookmark |October 7, 2020 8:53:36 PM
still haven't got the refund of CAMS , please suggest what to do.
772. Dhruv modi |   Link |  Bookmark |October 7, 2020 12:35:24 PM
When Cams Upcoming qtr Results?
Please suggest if you know..
772.1. Unlucky |   Link |  Bookmark |October 7, 2020 12:56:43 PM
Same problem with me, don't know what can do
771. Dhruv modi |   Link |  Bookmark |October 7, 2020 12:32:35 PM
Cams ka upcoming Q3-20 results kab he?
770. deepanshkrishna |   Link |  Bookmark |October 6, 2020 8:38:24 PM
still the amount is blocked of cams
770.1. Bhawana |   Link |  Bookmark |October 6, 2020 10:17:01 PM
Same here... Applied via kotak app and still blocked. The amounts for both Cams and chemcon are not even showing up in the blocked funds.
Bank is not giving any satisfactory response. Don't know what to do
770.2. Saikisho |   Link |  Bookmark |October 7, 2020 10:44:50 AM
Same here. Still the amount is blocked for Angel broking and CAMS IPO.
769. Sardarji |   Link |  Bookmark |October 7, 2020 1:30:11 AM
Is there any one who can help.
My amount is still blocked. Bank, broker and the registrar is not helping in this
768. Ipo Masterr |   Link |  Bookmark |October 6, 2020 10:17:21 PM
Holding this for long term ...

Bindaaaasssss !
767. KAMMA SIVA RAMA KRISHNA |   Link |  Bookmark |October 5, 2020 3:36:33 PM
IPO Guru IPO Guru (1100+ Posts, 1100+ Likes)
I request the ipo gurus to advise me whether I can hold the allotted one lot shares or to sell them as I am in a confused state of mind. Thank you very much in anticipation of your prompt advise.
767.3. KAMMA SIVA RAMA KRISHNA |   Link |  Bookmark |October 5, 2020 9:51:52 PM
IPO Guru IPO Guru (1100+ Posts, 1100+ Likes)
Very kind of you Quality comment sir and Johnny sir for their prompt response.
767.4. IPO TIGER |   Link |  Bookmark |October 6, 2020 2:56:50 PM
If your view is more than 2 years than hold for 2100-2400 targets. The current market situation is highly volatile.
766. MAJID |   Link |  Bookmark |October 6, 2020 10:38:25 AM
In ICICIDIRECT selling error is displaying
(Stock not traded on the selected exchange:Please check the exchange selected or refer to the stock list)
Please educate me why it is happening
766.1. Ayush Kedia |   Link |  Bookmark |October 6, 2020 1:40:10 PM
CAMS is listed only on BSE. Try changing the exchange to BSE and it should be fine
766.2. IPO TIGER |   Link |  Bookmark |October 6, 2020 2:55:42 PM
CAMS is also traded on NSE now.
765. Unlucky |   Link |  Bookmark |October 5, 2020 3:10:05 PM
Why my amount is still blocked, I have not alloted any share. I applied by upstox through IDBI Bank
765.1. deepanshkrishna |   Link |  Bookmark |October 5, 2020 7:57:08 PM
did you get the refund now ?
765.2. Unlucky |   Link |  Bookmark |October 5, 2020 11:59:52 PM
No not yet received
764. IPO through ASBA |   Link |  Bookmark |October 1, 2020 3:14:30 PM
Again proved-
Many new experts are giving a super listing day target like 1600, 1700, 1800, 1850, 2000....
But our old expert Aniketiaf sir told-

Personally I feel, it will act like BSE after listening.
Exectly it behaved the same like Bse listing.
764.4. IPO through ASBA |   Link |  Bookmark |October 2, 2020 10:18:43 AM
764.5. Ipo Masterr |   Link |  Bookmark |October 5, 2020 6:05:46 PM
How about MCX ?

Let's compare it with MCX ....
763. Shashikujur |   Link |  Bookmark |October 5, 2020 11:33:52 AM
I haven't received any shares, but why is my amount still blocked.
I applied from upstox using my UPI id.
Can you all please suggest or help me in this
762. Chem cho |   Link |  Bookmark |October 5, 2020 9:31:55 AM
IPO Guru IPO Guru (2500+ Posts, 2700+ Likes)
From today you could buy and sell CAMS on NSE 5 0CT 2020
761. Saikisho |   Link |  Bookmark |October 5, 2020 8:20:11 AM
Its OCt 5th. Still my funds are blocked. Even for Angel IPO. I think it is an issue with Link Intime Resgistar.