Computer Age Management Services (CAMS), the largest registrar and transfer agent of mutual funds, will open its initial public offering on September 21, according to the RHP. The anchor investors' book will open for a day on September 18. The maiden public issue consists of an offer for sale of 1,82,46,600 equity shares by NSE Investments. The offer also includes a reservation of 1,82,500 equity shares for eligible employees. The public offer, which would constitute at least 37.40 percent of post-offer paid-up equity capital of the company, will close on September 23. The offer for sale indicated that the NSE Investments is going to offload its entire stake in CAMS via IPO. In compliance with the requirements of the Sebi Letter, NSE intends to divest its entire shareholding, held through NSE Investments, in CAMS by way of sale and transfer of (i) 1,82,46,600 equity shares pursuant to the offer; and (ii) the balance 38,400 Equity Shares pursuant to the NSE Investments SPA (share ...
Pre IPO | Private Equity | Unlisted Shares