It had posted a profit after tax (PAT) of Rs 56.42 crore in the same quarter preceding fiscal, according to a statement
CAMS is a technology-driven financial infrastructure and services provider to mutual funds and other financial institution
The company has reported a consolidated profit for the quarter ending September 30, 2021
Besides single portfolio view, the platform will provide complete fungibility of physical and digital services
Abhishek will continue to be in service till 13 November 2021.
Viewed as a proxy to asset management business, steady financial record is the USP
Shares of Antony Waste, Mrs Bectors Food, Chemcon Speciality and Burger King are down about 40 per cent each
The company was deemed eligible as central record keeping agency under the National Pension Scheme
Currently, NSE holds between 25 per cent and 100 per cent stakes in these entities through its arm NSE Investments
Listings of Route Mobile, Happiest Minds and Rossari Biotech generated stellar returns for investors previously
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The Rs 2,250 crore initial public offering (IPO) of CAMS was subscribed 47 times.
CAMS's IPO, the biggest in FY21 so far and worth Rs 2,242 crore, was subscribed 47 times while Chemcon IPO was subscribed 149 times
CAMS provides financial infrastructure and services to mutual funds (MFs) and other financial institutions and is India's largest registrar and transfer agent (RTA) of MFs
The portion of qualified institutional buyers was subscribed 42.25 times
The institutional investor section was subscribed 0.83x, the high networth individuals (HNI) portion was subscribed 1.22x
The initial public offer is of up to over 1.82 crore shares and is in the price range of Rs 1,229-1,230 per share
CAMS has priced its IPO in the range of Rs 1,229-1,230 per share
As of June 2020, CAMS services four out of five largest AMCs - HDFC MF, ICICI Prudential MF, SBI MF, and Aditya Birla Sun Life MF.