Computer Age Management Services Limited (CAMS) which is tapping the capital markets with an offer for sale of 1,82,46,600 completed allotment to anchor investors. The company allotted 54,19,230 equity shares to 35 anchor investors comprising of 52 entities. The top allocation was made to Smallcap World Fund who was allotted 4,87,800 equity shares or 9% of the anchor book. The next highest allocation was of 2,43,900 shares or 4.5% of the anchor book equally to 12 investors. This effectively meant that 13 investors were allotted 63% of the anchor book.

The issue opens on Monday the 21st of September and closes on Wednesday the 23rd of September. The price band is Rs 1,238 to Rs 1,240. Looking at the recent success of issues from Happiest Mind, Rossari Biotech and the yet to be listed Route Mobile, this issue too would receive excellent response.

The company is a duopoly and its primary business is RTA agent for the mutual fund industry. It has a market share of about 70% and it caters to four of the top five mutual funds in the country.

The full list of anchor investors with their allotment is given below: –