Registrar and transfer agent CAMS will issue its initial public offering (IPO) on September 21, 2020. The issue will close on September 23, with a price band of Rs.1229-1230 per equity share, said the company press release.
The company will float 1.82 crore equity shares. Of these shares, the company has reserved 35% of net IPO offerings for retail individual investors. Overall, the company aims to raise Rs.1500 crore through this IPO issue.
The company has capital sponsorship from Great Terrain (an affiliate of Warburg Pincus), HDFC Limited, HDFC Bank and NSE Investments.
Kotak Mahindra Capital, HDFC Bank, ICICI Securities and Nomura Financial Advisory and Securities (India) are the lead managers to the issue.
