InvestorQ : When is the CAMS IPO expected to hit the market?
diksha shah made post

When is the CAMS IPO expected to hit the market?

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Anamika Sodhani answered.
4 months ago
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India’s largest mutual fund registrar, CAMS, has got SEBI approval for its proposed IPO. CAMS, which is backed by Warburg Pincus and NSE, expects the IPO size to be closer to Rs.1600 crore. The entire IPO will be by way of offer-for-sale, so there will be only change in ownership and no change in the capital size. The date of the IPO is yet to be finalized.

CAMS Ltd. is India’s largest mutual fund registrar with a 69.4% market share. Its average assets under management are close to Rs.18.70 trillion. It is the registrar for 16 of the top mutual funds in India. In the last one year since the fiasco at Karvy, it is no secret that CAMS has benefited substantially in terms of public perception and also market valuation.

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