IPO Central

CAMS IPO description – CAMS is a technology-driven financial infrastructure and services provider to mutual funds and other financial institutions with over two decades of experience. It is India’s largest registrar and transfer agent of mutual funds with an aggregate market share of 69.4% based on mutual fund average assets under management (AAUM) managed by its clients and serviced by it during November 2019. Over the last five years, it has grown its market share from 60.5% during March 2015 to 67.6% during March 2019, based on AAUM serviced.

Its mutual fund clients include four of the five largest mutual funds as well as nine of the 15 largest mutual funds based on AAUM during November 2019. As of November 2019, it serviced INR18.7 trillion of AAUM of 16 mutual fund clients. The ten-year CAGR of monthly AAUM of mutual funds serviced by it over the same period was approximately 19.1%. The company has grown its service offerings and currently provides a comprehensive portfolio of technology-based services, such as transaction origination interface, transaction execution, payment, settlement and reconciliation, dividend processing, investor interface, record keeping, report generation, intermediary empanelment and brokerage computation and compliance related services, through its pan-India network to mutual fund clients, distributors and investors. It also provides certain services to alternative investment funds, insurance companies, banks and non-banking finance companies.

Promoter of CAMS – Great Terrain Investment Ltd