CAMS garners 666.56 crs from 35 Anchors

Mumbai: Warburg Pincus backed, Leading business services partner of the BFSI Industry, CAMS has announced in a regulatory filing on Sept 18 that it has finalized the allocation of 54,19,230 shares at Rs 1230 piece to 35 anchor investors. A total of 13 Mutual funds have applied through 30 schemes.

The company found interest from well-known FPIs across the globe such as SmallCap World Fund, HSBC, Abu Dhabi Investment Authority, Caisse de Depot et Placement First State Investments, Eastspring Investments, Fidelity Investment Trust, Goldman Sachs, Govt. of Singapore, Nomura Funds Ireland Public Ltd Company, Amundi, Generation IM Fund, Grandeur Peak Emerging Markets Opportunities Fund, Jupiter South Asia Investment Company, Pari Washington India and WCM International

The Company is proposing to raise upto Rs. ₹2,242 cr through its Initial Public Offering via an OFS of 18,246,600 equity shares. The issue will open on September 21, 2020 and close on September 23, 2020, with a price band of ₹ 1229– ₹ 1230 per Equity Share of face value of ₹ 10 each. The company will not receive any funds from the Net Proceeds.

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