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ICICI Direct: CAMS IPO Review

CAMS, formerly Computer Age Management Services Ltd., is India’s largest registrar and transfer agent of mutual funds.

A bronze bull statue stands at the entrance to the Bombay Stock Exchange (BSE) building in Mumbai, India (Photographer Dhiraj Singh/Bloomberg)
A bronze bull statue stands at the entrance to the Bombay Stock Exchange (BSE) building in Mumbai, India (Photographer Dhiraj Singh/Bloomberg)

BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.

ICICI Direct Report

CAMS, formerly known as Computer Age Management Services Ltd., is India’s largest registrar and transfer agent (RTA) of mutual funds with a market share of approx. 70% based on average assets under management (AAUM) managed by their clients as on July 2020.

CAMS provides a comprehensive portfolio of technology-based services such as transaction origination interface, transaction execution, payment, settlement, record keeping, brokerage computation and compliance related services.

Apart from this, CAMS also provides services to alternative investment funds (AIFs), insurance companies, banks and non banking financial companies.

Great Terrain Investment Ltd. is the promoter of CAMS with its pre-issue shareholding at 43.53%.

Great Terrain is the wholly owned subsidiary of Harmony River Investment Ltd, which is directly owned by Warburg Pincus LLC (New York, U.S.).

Click on the attachment to read the full report:

ICICI Direct CAMS IPO Review.pdf

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This report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the brokerage and do not represent the views of BloombergQuint.

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