Industry

CAMS IPO raises ₹666 cr. in anchor leg

Warburg Pincus-backed CAMS has raised a little over ₹666 crore from anchor investors ahead of its initial share sale that opens for public subscription on Monday.

The company has finalised the allocation of 54,19,230 shares at ₹1,230 apiece to 35 anchor investors, CAMS — which acts as a registrar and transfer agent for mutual funds — said in a filing with the stock exchanges. At this price, the company garnered ₹666.56 crore.

Names of investors include SmallCap World Fund, HSBC, Abu Dhabi Investment Authority, Goldman Sachs, Government of Singapore, and Nomura Funds Ireland Public Ltd.

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Printable version | Oct 29, 2020 11:15:56 AM | https://www.thehindu.com/business/Industry/cams-ipo-raises-666-cr-in-anchor-leg/article32650706.ece

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