Home Fashion Vogue CAMS lists at 23% premium over issue price

CAMS lists at 23% premium over issue price

NEW DELHI: Shares of Computer Age Management Services (CAMS) made a decent debut on Thursday, as the scrip got listed at Rs 1,518 on BSE, a 23.41 per cent premium over its issue price of Rs 1,230.
The IPO, which was sold from September 21 to September 23 in the price band of Rs 1,229-1,230, was subscribed 47 times.
Earlier, the Rs 2,242-crore IPO of Warburg Pincus-backed CAMS received bids for 60,19,36,188 shares against the offer size of 1,28,27,370 shares.
The portion meant for qualified institutional buyers (QIBs) was subscribed 73.18 times, non-institutional investors 111.85 times and retail individual investors 5.44 times.
Meanwhile, shares of Chemcon Speciality Chemicals listed at Rs 731, a 115 per cent premium over its issue price of Rs 340 on NSE.
CAMS is a technology-driven financial infrastructure and services provider to mutual funds and other financial institutions.

Headquartered in Chennai, the company is co-owned by NSE Investments, Warburg Pincus, Faering Capital ACSYS Investments and HDFC Group.
Kotak Mahindra Capital Company, HDFC Bank, ICICI Securities, Nomura Financial Advisory and Securities were the managers to the offer.

Read More


Please enter your comment!
Please enter your name here

- Advertisment -

Most Popular

How can I tell the difference between the flu and COVID-19?

Last Updated : Oct 01, 2020 01:54 PM IST | Source: AP Body aches, sore throat, fever, cough, shortness of breath, fatigue and headaches are symptoms shared by the two. How can I tell the difference between the flu and COVID-19?It’s impossible to tell without a test. Influenza and COVID-19 have such similar symptoms, you…

Cardiac arrest common in sick Covid-19 patients

Photo for representational purpose only. iStock New York, October 1 Cardiac arrest is common in critically ill patients with Covid-19 and is associated with poor survival, particularly among patients aged 80 or older, say researchers. The findings, published in the journal The BMJ, could help guide end-of-life care discussions with critically ill patients with Covid-19…

Beware: Vitamin D deficiency can make you obese and lead to stunted growth

Vitamin D, or the ‘Sunshine Vitamin as it is also known as, is one of the essential nutrients that makes your bones and teeth stronger, wards off infections and diseases and keeps you cheerful. This fat-soluble vitamin can also bring down your risk of cancer, autoimmune diseases, heart disease and diabetes. But unfortunately, as many…

COVID-19 cases decline, deaths increase in Chandigarh as September ends

Naina MishraTribune News ServiceChandigarh, October 1 As September comes to an end, the Union Territory has started to witness a decline in the number of positive COVID-19 cases, and daily tests.  However, COVID deaths have increased with every passing week.  September has recorded 100 COVID-19 deaths whereas August reported only 39 deaths.  At least three…

Recent Comments