CAMS IPO Basis of Allotment

COMPUTERAGE MANAGEMENT SERVICES LIMITED

Our Company was incorporated as 'Computer Age Management Services Private Limited' on May 25, 1988 at Madras, Tamil Nadu as a private limited company under the Companies Act, 1956, and was granted the certificate of incorporation by the Registrar of Companies, Tamil Nadu at Chennai ("RoC"). Our Company became a deemed public limited company under section 43A of Companies Act,1956 on April 15, 2000 and the name of our Company was changed to 'Computer Age Management Services Limited' and the certificate of incorporation of our Company was endorsed by the RoC to that effect. Our Company became a private limited company, pursuant to Section 43A(2A) of Companies Act, 1956 with effect from March 29, 2001 and the name of our Company was changed back to 'Computer Age Management Services Private Limited'. The certificate of incorporation of our Company was again endorsed by the RoC to that effect Subsequently, our Company was converted from a private limited company to a public limited company, pursuant to a special resolution passed by our Shareholders at the EGM held on September 9, 2019 and the name of our Company was changed to 'Computer Age Management Services Limited'. Consequently, a fresh certificate of incorporation was issued by the RoC on September 27, 2019

For further details, see "History and Certain Corporate Matters" on page 123 of the Prospectus dated September 24, 2020 (the "Prospectus").

Our Company has filed the Prospectus with the RoC on September 24, 2020 and the Equity Shares are proposed to be listed on the BSE Limited ("BSE") and trading win commence on October 1, 2020.

INITIAL PUBLIC OFFER OF 18,246,600 EQUITY SHARES OF FACE VALUE OF Rs 10 EACH ("EQUITY SHARES") OF COMPUTER AGE MANAGEMENT SERVICES LIMITED ("COMPANY" OR "ISSUER") FOR CASH AT A PRICE OF Rs 1.230* PER EQUITY SHARE, THROUGH AN OFFER FOR SALE OF 18,246,600 EQUITY SHARES AGGREGATING TO Rs 22,421.05 MILLION ("OFFER"/ "OFFER FOR SALE") BY NSE INVESTMENTS LIMITED ("SELLING SHAREHOLDER"). THE OFFER INCLUDED A RESERVATION OF 182,500* EQUITY SHARES (CONSTITUTING 0.37% OF THE POST-OFFER PAID-UP EQUITY SHARE CAPITAL) FOR PURCHASE BY ELIGIBLE EMPLOYEES (THE "EMPLOYEE RESERVATION PORTION"). THE OFFER LESS THE EMPLOYEE RESERVATION PORTION IS HEREINAFTER REFERRED TO AS THE "NET OFFER". THE OFFER AND THE NET OFFER CONSTITUTES 37.40% AND 37.03%, RESPECTIVELY, OF OUR POST-OFFER PAID-UP EQUITY SHARE CAPITAL.

*A discount of Rs 122 per Equity Share was offered to Eligible Employees Bidding in the Employee Reservation Portion

THE FACE VALUE OF THE EQUITY SHARES IS Rs10 EACH. THE OFFER PRICE IS Rs 1,230 PER EQUITY SHARE AND IS 123 TIMES THE FACE VALUE OF THE EQUITY SHARES.

The Anchor Investor Bidding Date was one Working Day prior to the Bid/Offer Opening Date, i.e. September 18, 2020.

The Offer was made through the Book Building Process, in terms of Rule 19(2)(b) of the Securities Contracts (Regulation) Rules, 1957, as amended ("SCRR") read with Regulation 31 of the SEBIICDR Regulations and in compliance with Regulation 6(1) of the SEBIICDR Regulations wherein not more than 50% of the Net Offer was available for allocation on a proportionate basis to Qualified Institutional Buyers ("QIBs") (the "QIB Portion"). Our Company (through the IPO Committee) in consultation with the Selling Shareholder and the BRLMs allocated 60% of the QIB Portion to Anchor Investors on a discretionary basis One-third of the Anchor Investor Portion was reserved for domestic Mutual Funds, subject to valid Bids having been received from the domestic Mutual Funds at or above the Anchor Investor Allocation Price. 5% of the QIB Portion (excluding the Anchor Investor Portion) was made available for allocation on a proportionate basis to Mutual Funds only, and the remainder of the QIB Portion was made available for allocation on a proportionate basis to all QIB Bidders (other than Anchor Investors), including Mutual Funds, subject to valid Bids having been received at or above the Offer Price. Further, not less than 15% of the Net Offer was made available for allocation on a proportionate basis to Non- Institutional Bidders and not less than 35% of the Net Offer was made available for allocation to RIBs in accordance with the SEBIICDR Regulations, subject to valid Bids having been received from them at or above the Offer Price. Further. Equity Shares were made available for allocation on a proportionate basis to Eligible Employees applying under the Employee Reservation Portion, subject to valid Bids received from them at or above the Offer Price. All potential Bidders (except Anchor Investors) were required to mandatorily utilise the Application Supported by Blocked Amount ("ASBA") process providing details of their respective bank account (including UPIID for RIBs using UPI Mechanism), in which the corresponding Bid Amounts were blocked by the SCSBs or the Sponsor Bank, as applicable. Anchor Investors were not permitted to participate in the Offer through the ASBA process. For details, see "Offer Procedure" on page 277 of the Prospectus.

The bidding period for Anchor Investors opened and closed on Friday, September 18,2020. The Company received 52 Anchor Investor Application Forms from 35 Anchor Investors (including 13 mutual funds) for 5,691,096 Equity Shares. 35 Anchor Investors through 52 Anchor Investor Application Forms were allocated 5.419,230 Equity Shares at a price of Rs 1,230 per Equity Share under the Anchor Investor Portion, aggregating to Rs 6,665,652,900 00.

The Offer received 1,971,641 applications for 598,829,436 Equity Shares (prior to technical reactions) resulting in 46,6837 times subscription. The details of the applications received in the Offer from various categories are as under:

Final Demand

A summary of the final demand as per BSE and National Stock Exchange of India Limited as on the Bid/Offer Closing Date at different Bid prices is as under:

The Basis of Allotment was finalized in consultation with the Designated Stock Exchange, being BSE on September 28, 2020.

A. Allotment to Retail Individual Bidders (After Technical Rejections)

The Basis of Allotment to the Retail Individual Bidders, who have Bid at Cut-Off or at the Offer Price of Rs 1.230 per Equity Share, was finalized in consultation with BSE This category has been subscribed to the extent of 4,8299 times. The total number of Equity Shares Allotted in this category is 6,351,627 Equity Shares (includes under subscribed portion of 29,192 Equity Shares spilled over from Employee Category) to 529,302 successful applicants. The category-wise details of the Basis of Allotment are as under

B. Allotment to Non Institutional Bidders (After Technical Rejections)

The Basis of Allotment to the Non-institutional Bidders, who have Bid at the Offer Price of Rs 1,230 per Equity Share, was finalized in consultation with BSE. This category has been subscribed to the extent of 110,5795 times. The total number of Equity Shares allotted in this category is 2,722,126 Equity Shares (includes under subscribed portion of 12,511 Equity Shares spilled over from Employee Category) to 2,552 successful applicants. The category-wise details of the Basis of Allotment are as under:(Sample)

C. Allotment to Eligible Employees (After Technical Rejections)

The Basis of Allotment to the Eligible Employees, who have Bid at the Cut-Off price or at the Offer Price of Rs 1,230 per Equity Share (A Discount of Rs 122 per Equity Share was offered to the Eligible Employees bidding in the Employee Reservation Portion), was finalized in consultation with BSE This category has been subscribed to the extent of 0.5430 times. The total number of Equity Shares allotted in this category is 99,096 Equity Shares (the under subscribed portion of 83,404 Equity Shares in the Employee Category has been spilled over to QIBs, Non Institutional Bidders and Retail Individual Bidders categories in the ratio of 50:15:35 i.e. 41,701 Equity Shares for QIBs. 12,511 Equity Shares for Non Institutional Bidders and 29,192 Equity Shares for Retail Individual Bidders) to 622 successful applicants. The category-wise details of the Basis of Allotment are as under:

D. Allotment to QIBs (excluding Anchor Investors) (AfterTechnical Rejections)

Allotment to QIBs, who have Bid at the Offer Price of Rs1,230 per Equity Share, has been done on a proportionate basis in consultation with BSE This category has been subscribed to the extent of 72,4174 times of Net QIB portion, As per the SEBIICDR Regulations. Mutual Funds were allotted 5% of the Equity Shares of Net QIB portion available i.e. 182,727 Equity Shares (includes under subscribed portion of 2,086 Equity Shares spilled over from Employee Category) and other QIBs including Mutual Funds were allotted the remaining available Equity Shares i.e. 3,471,794 Equity Shares (includes under subscribed portion of 39,615 Equity Shares spilled over from Employee Category) on a proportionate basis. The total number of Equity Shares allotted in the QIB category is 3,654,521 Equity Shares, which were allotted to 206 successful Applicants.

Allotment to Anchor Investors

The Company (through the IPO Committee) in consolation with the Selling Shareholder and the BRLMs allotted 5,419,230 Equity Shares to 35 Anchor Investors. In accordance with the SEBI ICDR Regulations, this represents 60% of the QIB Portion before overflow The category-wise details are as under

The IPO Committee of our Company on September 28, 2020 has taken on record the Basis of Allotment of Equity Shares approved by the Designated Stock Exchange, being BSE and pursuant to meeting of the Board of Directors of our Company held on September 29, 2020.the Company has allotted the Equity Shares to various successful Bidders The Allotment Advice-cum-refund intimation are being dispatched to the address of the investors as registered with the depositories. Further, the instructions to the Self Certified Syndicate Banks for unblocking of funds, transfer to Public Offer Account have been issued on September 29, 2020 and payment instructions to non-Syndicate brokers have been issued on September 29, 2020. In case the unblocking of funds or credit of Equity Shares is not received within six Working Days, investors may contact the Registrar to the offer at the address given below. The Equity Shares Allotted to the successful Allottees have been credited on September 29, 2020 to their respective beneficiary accounts subject lo validation of the account details with the depositories concerned The Company has filed the listing application with BSE on September 29, 2020 The Company has received the listing and trading approvals from BSE and the trading will commence on October 1, 2020.

Note: All capitalized terms used and not defined herein shall have the respective meanings assigned to them in tee Prospectus.

INVESTORS PLEASE NOTE

These details of the Allotment made have been hosted on the website of Registrar to the Offer, Link Intime India Private Limited at www.llnkintime.co.in

All future correspondence in this regard may Kindly he addressed to the Registrar to the Offer quoting full name of the First/ Sole applicant, Serial number of the ASBA from, number of Equity Shares bid for, name of the Member of the Syndicate, place where the bid was submitted and payment details at the address given below:

THE LEVEL OF SUBSCRIPTION SHOULD NOT BE TAKEN TO BE INDICATIVE OF EITHER THE MARKET PRICE OF THE EQUITY SHARES ON LISTING OR THE BUSINESS PROSPECTS OF COMPUTERAGE MANAGEMENT SERVICES LIMITED.

Computer Age Management Services Limited has filed the Prospectus with the SEBI and the RoC situated at Tamil Nadu at Chennai. The Prospectus is available on the website of the SEBI at www.sebi.gov.in as well as on the websites of the book running lead managers, Kotak Mahindra Capital Company Limited, HDFC Bank Limited, ICICI Securities Limited and Nomura Financial Advisory and Securities (India) Private Limited at www.investmentbank.kotak.com. www.hdfcbank.com, www.iciasecunties.com  and www.nomuraholdings.com /company/group/asia/india/index.html, respectively. Investors should note that investment in equity shares involves a high degree of risk and for details relating to such risks, see "Risk Factors" on page 20 of the Prospectus

The Equity Shares offered in the Offer have not been and will not be registered under the U S. Securities Act of 1933, as amended ("U.S. Securities Act") or any state securities laws in the United States, and unless so registered may not be offered or sold within the United States, except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the U.S. Securities Act and applicable state securities laws. Accordingly, such Equity Shares are being offered and sold (i) outside of the United States in offshore transactions in reliance on Regulation S under the U.S. Securities Act and the applicable laws of the jurisdiction where those offers and sales occur, and (ii) to *qualified institutional buyers* (as defined in Rule 144A under the U.S. Securities Act), pursuant to the private placement exemption set out m Section 4(a) of the US. Securities Act.