InvestorQ : What is your view on the forthcoming IPO of CAMS?
Moii Chavate made post

What is your view on the forthcoming IPO of CAMS?

Answer
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Tisha Malhotra answered.
4 days ago


Computer Age Management Services or CAMS is one of the leading mutual fund registrars and has the lion’s share of the mutual fund wallet followed by Karvy at second position. The IPO of CAMS is opening in the market on September 21.

The two IPOs that closed last week viz. Happiest Minds and Route Mobile got a very good response. While Happiest Minds was oversubscribed 151 times, Route Mobile was also subscribed 72 times. CAMS finds it the right time to hit the market.

The IPO size will be around Rs.1600 crore and the entire 1.22 crore shares sold will be by way of an OFS. There will be no fresh funds coming in