Computer Age Management Services was incorporated on May 25, 1988. It is a technology-driven financial infrastructure and services provider to mutual funds and other financial institutions with over two decades of experience.
| Bidding Dates |
|---|
| 21 Sep 2020 - 23 Sep 2020 |
| Subscription |
|---|
| 46.99x Oversubscribed |
| Minimum Investment | Minimum Lot | Maximum Lot | Lot Size | Number of Shares | Issue Price Band | Post Issue Promoter Holding % | Issue Size | IPO Document |
|---|---|---|---|---|---|---|---|---|
| ₹14,760 | 1 | 13 | 12 | 18.2 M | ₹1229 - ₹1230 | 62.6 % | ₹22425.1 M - ₹22443.3 M | RHP DOC |
Computer Age Mgmt IPO SUBSCRIPTION STATUS
23 Sep '20Computer Age Mgmt IPO overall subscription rate was 46.99 times the total available shares
Computer Age Mgmt IPO retail subscription rate was 5.54 times in the retail segment
Computer Age Mgmt IPO non-institutional investor subscription rate was 111.85 times in the non-institutional investor category
Computer Age Mgmt IPO Qualified Institutional Bidder subscription rate was 73.18 times the available shares for Qualified Institutional Bidder
Computer Age Mgmt IPO Employees subscription rate was 1.16 times in the Employees category
| Day | Retail Individual Investor | HNI (NII) Investors | Qualified Institutional Buyers | Employees |
|---|---|---|---|---|
| Category Reservation | 35% | 15% | 50% | - |
22 Sep 2020 (Day 2) | 2.91x | 1.22x | 0.83x | 0.52x |
23 Sep 2020 (Day 3) | 5.54x | 111.85x | 73.18x | 1.16x |
21 Sep 2020 (Day 1) | 1.4x | 0.3x | 0.25x | 0.24x |
Computer Age Mgmt FINANCIALS
| Period | Net Profit (Rs in millions) | Revenue from operations (Rs in millions) | Cash Flow from operations (Rs in millions) | Free Cash flow (Rs in millions) |
| 3MFY21 | 408.3 | 1,486.3 | 389.7 | 375.4 |
| 3MFY21 | 401.5 | 1,750.1 | 349.9 | 339.2 |
| FY20 | 1,734.6 | 6,996.3 | 2,011.5 | 1,861.8 |
| FY19 | 1,309.0 | 6,936.4 | 1,868.0 | 1,519.9 |
| FY18 | 1,463.1 | 6,415.4 | 1,619.5 | 1,230.8 |
Computer Age Mgmt IPO SUBSCRIPTION STATUS DETAILS
Computer Age Mgmt had 18.2 M shares on offer
Computer Age Mgmt IPO offer price was in the range ₹1229 - ₹1230
Computer Age Mgmt IPO minimum Investment was ₹14760
Computer Age Mgmt IPO issue size was ₹ 22425.1 M - ₹ 22443.3 M
Computer Age Mgmt had a minimum lot size of 12 Shares per application
Computer Age Mgmt NUMBER OF SHARES ON OFFER
Computer Age Mgmt IPO IMPORTANT DATES
| Issue Open Date | 21 Sep 2020 |
| Issue close Date | 23 Sep 2020 |
| Allotment Date | 28 Sep 2020 |
| Refund Date | 29 Sep 2020 |
| Demat Account Credit Date | 30 Sep 2020 |
| Listing Date | 01 Oct 2020 |
| Listing on Exchange(s) | NSE and BSE |
| Computer Age Mgmt Allotment Status | Exchange |
Computer Age Mgmt IPO subscription opened on 21 Sep 2020, and closed on 23 Sep 2020
IPO allotment for Computer Age Mgmt was finalized on Monday, 28 Sep 2020
IPO listing for Computer Age Mgmt was on NSE and BSE on Thursday, 01 Oct 2020
Computer Age Mgmt IPO LISTING GAINS
| Issue Price (adjusted) | 246.0 |
| Listing Open Price | 1535.0 |
| Listing Close Price | 1401.6 |
| Listing Gain% | 24.8% |
| Current Gain% | 220.1% |
Computer Age Mgmt Peer
| Stock | Stock Price | Market Cap (Rs crore) | PE TTM | PEG TTM | PS TTM | ROE% | ROA% | Annual Revenue (Rs crore) | Annual Revenue Growth % | Annual Net Profit (Rs crore) | Annual Net Profit Growth % | EPS TTM | EPS TTM Growth % |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Computer Age Management Services Ltd. | 787.5 | 3842 | 39.5 | 7.8 | 12.6 | 36 | 26.3 | 1567.4 | 6.3 | 476 | 1.2 | 19.9 | 5.1 |
| Latent View Analytics Ltd. | 297.2 | 6149.8 | 31.5 | 6.3 | 5.5 | 11.3 | 9.4 | 1136 | 23.9 | 198.1 | 13.7 | 9.4 | 5 |
| Ikoma Technologies Ltd. | 68.6 | 159.1 | 813.2 | -9.5 | 95.6 | 2.4 | 1.4 | 1.7 | -91.5 | 0.2 | -82.8 | 0.1 | -85.2 |
| Reliable Data Services Ltd. | 147.1 | 151.8 | 21.7 | -1.6 | 0.8 | 9.8 | 3.8 | 185.4 | 37.1 | 7 | -22.6 | 6.8 | -14 |
| Enfuse Solutions Ltd. | 165 | 146 | -9.5 | -78.2 | -28.1 | 59.4 | 34 | -15.4 | -575.1 | -17.4 | |||
| Titan Intech Ltd. | 1 | 84 | 15.1 | 0.4 | 2.5 | 3.4 | 2.9 | 34.4 | 26.8 | 5.6 | 40.6 | 0.1 | 40.5 |
Computer Age Mgmt INFORMATION ON IPO ISSUE
About Computer Age Mgmt
Computer Age Management Services was incorporated on May 25, 1988. It is a technology-driven financial infrastructure and services provider to mutual funds and other financial institutions with over two decades of experience.
Object of the Issue
- To carry out the offer for sale of up to 18,246,600 equity shares by the selling shareholders
- Achieve the benefits of listing the equity shares on the BSE
Computer Age Mgmt - PROMOTERS
| Name |
|---|
| Great Terrain Investment |
Computer Age Mgmt Book Running Lead Manager
Kotak Mahindra Capital Company Limited
cams.ipo@kotak.com
ICICI Securities Limited
cams.ipo@icicisecurities.com
Nomura Financial Advisory and Securities (India) Private Limited
camsipo@nomura.com
Computer Age Mgmt Global Coordinators and Book Running Lead Managers
HDFC Bank Limited
cams.ipo@hdfcbank.com
Computer Age Mgmt Registrar to the Offer
Link Intime India Private Limited
cams.ipo@linkintime.co.in
Computer Age Mgmt Strengths
Largest Infrastructure and Services Provide
The company is India’s largest registrar and transfer agent of mutual funds with an aggregate market share of approximately 70%based on mutual fund AAUM managed by our clients and serviced by us during July 2020, according to the CRISIL Report.
Integrated Business Model
Utilizing a diverse portfolio of technology-enabled services and leveraging a pan-India physical network, domain expertise in the Indian financial services ecosystem, and a comprehensive risk management system, the company has built an integrated business model and has longstanding client relationships in the mutual fund's services business.
Strong Focus on Processes and Risk Management
The company has implemented cyber security and cyber resilience policy and established a technology committee comprising eminent specialists from IIT Bombay and IIT Madras, as well as the banking industry
Computer Age Mgmt Risks
Dependent on AAUM
The future revenue and profit are largely dependent on the growth, value, and composition of AAUM of the mutual funds managed by clients, which may decline
Cyber risk
Significant disruptions in information technology systems or breaches of data security could adversely affect business and reputation
IPO FAQs
Computer Age Management Services Ltd. IPO listing opened at Rs 1535.00 while the issue price was Rs 1230.00 giving 24.80% returns. After adjusting for subsequent bonus and splits, the stock trades at Rs 246.00 giving 220.12% gains since its IPO listing.
This IPO consists of an offer for sale of up to Rs 2,244.3 crore, of 18,246,600 shares.
The promoter of the company is Great Terrain Investment.
The category allocation of qualified institutional buyers is 50.0%, the category allocation of non individual investors or high networth individuals is 15.0% and for retail investors it is 35.0%.
The price band of the IPO is Rs 1229.0 - 1230.0.
The IPO application opens on Sep 21, 2020 and closes on Sep 23, 2020.
The minimum lot size for the IPO is 12. The maximum lot size for the IPO is 156.
For all category investors, the minimum application amount for this IPO is Rs. 14,760.0, the maximum value for this IPO is Rs 191,880.0.
This IPO will be allotted on Sep 28, 2020.
The refund will be credited to your account on Sep 29, 2020.
The allotted shares will be credited to your demat on Sep 30, 2020.
Computer Age Management Services Ltd.’s shares listed on the stock exchanges on Oct 01, 2020.