Computer Age Management Services Ltd IPO Message Board (Page 37)

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CAMS IPO – Schedule *(Page 273 of the RHP)*

16th Sept – Announcement of Price Band
18th Sept – Anchor Investors Allotment
21st Sept – Offer Opens
23rd Sept – Offer Closes
28th Sept – Finalisation of Basis of Allotment
29th Sept – Unblocking of ASBA Accounts
30th Sept – Credit of Equity Shares to Depository Accounts
01st Oct – Commencement of Trading


CAMS IPO – Issue Information *(Tentative)*

Issue Opens on: 21 September 2020
Issue Closes on: 23 September 2020
Issue Type: Book Built Issue IPO
Issue Size: 1,82,46,600Shares
Face Value: Rs.10/- per Share
Issue Price: Rs.1,220 – Rs.1,230 per Share*(Tentative)*
Discount: Rs.10/- (for Employees)
Market Lot: 12 Shares
Listing At: BSE (Not NSE)

Equity Shares outstanding prior to the Issue = 4,87,60,000 Shares
Employee Reservation of 1,82,500 Shares @1220/- = Rs.22.27Crs (after discount of ~10/-)
Offer for Sale of 1,80,64,100 Shares @1230/- = Rs.2,221.88
Equity Shares outstanding after the Issue = 4,87,60,000 Shares

Category-wise Break up:
Anchor – 54,19,320 Shares = 666.57Crs
QIB – 36,12,820 Shares = 444.38Crs
NII – 27,09,615 Shares = 333.28Crs
RII – 63,22,435 Shares = 777.66Crs (Lot size: 12 = 5,26,870 Forms)
Empl. Quota – 1,82,500 Shares = 22.27Crs (@1220 per Share)
Total Issue – 1,82,46,600 Shares = 2244.15Crs.

Subscription required for 1X
RII = 5,26,870 Forms
NII = 333.28 Crs


CAMS IPO – Financial Information (Basis of Valuation)

EPS for FY16-17 >>> Rs.25.32 (Page #66 of DRHP)
EPS for FY17-18 >>> Rs.29.93 (Page #74 of RHP)
EPS for FY18-19 >>> Rs.26.75 (Page #74 of RHP)
EPS for FY19-20 >>> Rs.35.57 (Page #74 of RHP)
EPS for Q120-21 >>> Rs.08.37 (Page #74 of RHP)

RoNW for FY16-17 >>> 29.92% (Page #67 of DRHP)
RoNW for FY17-18 >>> 32.91% (Page #75 of RHP)
RoNW for FY18-19 >>> 29.56% (Page #75 of RHP)
RoNW for FY19-20 >>> 32.13% (Page #75 of RHP)
RoNW for Q120-21 >>> 30.92% (Page #75 of RHP)

NAV as on June 30, 2020 was Rs.108.27 (Page #75 of RHP)

Listed Industry Peer Group (Page #67 of DRHP): None


CAMS IPO – *Market’s Current Estimates of oversubscription*:

RII = 27.00L Forms = 5.12X Applic. wise (Avg allotment of ~2.34 shares per lot)
NII = 50K Crs. = ~147.62X

Interest cost *@7.50%p.a.* for 7days = 179.79paise for 1X

Thus, for NII the costing = 147.62 X 179.79paise = Rs.265.42 per share (= GMP)

And, for RII the costing = 2.34 X 265.42 = Rs. ~622/- (= Kostak)

CAMS IPO – *GMP Estimated*
GMP 350 +/- 2
Kostak 825 +/- 25

Is anyone using ASBA facility of PNB. Please guide whether it works fine.

PNB's separate ASBA site isn't working since hmt ipo. However, it's working fine in internet banking ASBA section.

Yes it works fine

CAMS
Expected Price Brand in between 1225 to 1250

Now kostak price down came 575 from 750

My 2 cents..
Cons:
1) Extremely high valuation p/e ~ 40
2) PAT growth has been negligible.
3) Low promoter holding going to further reduce.

Pros:
1) Solid business.
2) Listing gains expected as it is a small issue with no peers.

@NAVjan

It can't be termed as "SMALL SIZE". :)

Agreed .. It is more of a medium sized IPO..... bigger than recent IPOs but smaller than SBI cards.. SBI life ..HDFC life etc

Why listing only on BSE??? is it due to the NSE ownership in CAMS???

in that case will that be not a problem in terms of fungibility of the shares in terms of volume and price discovery????

Yes due to ownership by Nse through its subsidiary. :)

Why Company Financials are till 30-Sept 2019??

Agree that COVID cause many company but its 9th month (3rd quater) of current financial year so they should share data of atleast first quarter or last financial year 1 April -31st March 2020.

Please read 9th month (2nd quater) of current financial year

Nobody perfect in this mkt.so don't make predictions Apply your own brain & then don't blame others

First issue price :- 1450 to 1475 GMP 225/50
Now issue price :- 1225 to 1250 GMP 500/25

WHAT A GAME INVESTORS APPLY YOUR MIND

Now 350 seller

Over valued only apply if subscribe more than 10 times in retail.

Retail Hardly 4X -5X max.
Chemcon also opens on same date.Speculators will bet more on Chemcon as pharma chemicals are on high demand.

BTW SBI Card Make new High Today.
Wo bhi me apke 200-300 ka wait kar raha hoon.

Recently kostak rate close ????

I applied in happiest minds ipo through upi & accept the mandate request in upi app & amount is blocked but i don't received application number. Please suggest me how to check application number.

Don't worry. :)

CAMS IPO

GMP 360 +/- 5
Kostak 850 +/- 25

GMP down 425 to 360
Kostak up 700 to 850
Means retail subscription 5x appwise?

Chemcon is also opening on same dates...so yes RIi application wise fig might gets reduced...

RII = 25.00L Forms = 4.74X Applic. wise (Avg allotment of ~2.53 shares per lot)
526869 for 1 time for retailer

what is eagle eye madam name and where do she live which city ? any body tell me ?

Rishion ke gorta aur Nadiyoon ke sotra ........ no need to enquire


Also..... Jati na pucho sadhu ki... pooch lijo gyaan
Mol karo talwar ka ... padi rahan do myan

It doesn't matter if a cat is black or white so long as it catches mice.
Likewise name doesn't matter but the messages.

Why go into personal area. If somebody ready to share it they will. Otherwise respect their privacy.

CAMS IPO – *Market’s Current Estimates of oversubscription*:

RII = 25.00L Forms = 7.15X Applic. wise (Avg allotment of ~1.68 shares per lot)
NII = 45K Crs. = ~200.30X

Interest cost *@7.50%p.a.* for 7days = 179.79paise for 1X

Thus, for NII the costing = 200.30 X 179.79paise = Rs.360.13 per share (= GMP)

And, for RII the costing = 1.68 X 360.13 = Rs. ~600/- (= Kostak)

CAMS IPO – *GMP Estimated*
GMP 425 +/- 5
Kostak 700 +/- 25

@Sonal P.
Perhaps this is due to the increase in ipo size, earlier the ipo size was estimated at 1500 crores while now it will be 2200 crores.

Dear Mam
Interest kaise calculate karte ho?

*IPO Update*

Computer Age Management Services Ltd. *(CAMS)*

Anchor Allocation: *18th September*
Issue Dates: *21st to 23rd September*

Issue Size: *1,82,46,600 Shares*
Employee Reservation: *182,500 Shares*
Net Size to Public: *1,80,64,100 Shares*

QIB: *50%*
NII: *15%*
Retail: *35%*

Expected Price on Upper Band: *Rs. 1,250.00*

Approx Size @1250: *Rs.2,258 Crores*

Expecting 12 Shares Bid Lot.....

Retail Size: *63,22,435 Shares* Approximately *526,869 Applications* Require for1 Time

Note.....

Schedule is *Confirmed*
Share Wise Size is *Confirmed*
Price Band is *Tentative* (Will be Announced soon)

Good updates...

Allotment chances is better as retail quota is around 790 crore. A must apply ...

Ifi apply 13 lots and RII is over subscribed, will i get 1 lot of atleast more than 1 lot?

1 lot or 0

Dear members, how to apply IPO under HNI or NII category. In my ASBA it shows only individual and less than 2lac.

I hv asba in sbi...i m living abroad so cant do physical application

You need to have a relation with ur bank to accept scanned copies of ASBA form..
I do the same with my bank as I also am applying from out of India. They accept it all the time. (Idbi Bank in Mumbai)