Read on Twitter
1/ *CAMS IPO*
Not a recommendation to invest.
Information Source: Internet & CAMS Website
CAMS is a Registrar and Transfer Agency to the Asset Management Industry of India &
&
Technology enabled service solutions partner to
Pvt Life Insurance
Pvt Equity Funds
Banks
NBFC..
Not a recommendation to invest.
Information Source: Internet & CAMS Website
CAMS is a Registrar and Transfer Agency to the Asset Management Industry of India &
&
Technology enabled service solutions partner to
Pvt Life Insurance
Pvt Equity Funds
Banks
NBFC..
2/ CAMS - (Computer Age Management Services) IPO Details:
IPO Price: Rs 1,100-1,200 per share
Raise capital between Rs 1500-Rs 1600 crores
CAMS Valuation: 6,000 Cr (a small cap
)
IPO Price: Rs 1,100-1,200 per share
Raise capital between Rs 1500-Rs 1600 crores
CAMS Valuation: 6,000 Cr (a small cap
)
3/ CAMS - Highlights
1. Market Share: 69.4%
2. Clients: Top 4/5 AUMs - HDFC, ICICI, SBI & Birla
3. Competition: Karvy, Sundaram & Franklin
4. Services: Transaction Agency, Customer Care, e-Payments & Collection Service
5. 80% of their rev flow from Transaction Agency Services
1. Market Share: 69.4%
2. Clients: Top 4/5 AUMs - HDFC, ICICI, SBI & Birla
3. Competition: Karvy, Sundaram & Franklin
4. Services: Transaction Agency, Customer Care, e-Payments & Collection Service
5. 80% of their rev flow from Transaction Agency Services
4/ Key Mobile Apps
1. MyCAMS - B2C for indvl investors to transact MFs
2. CAMS Smart - for MF Houses, extend BI & Analytics
3. digi SIP - for investors & distributors
4. GoCorp - for Large Institutional Investors
& few other apps are:
mf360
edge360
mf CRM
1. MyCAMS - B2C for indvl investors to transact MFs
2. CAMS Smart - for MF Houses, extend BI & Analytics
3. digi SIP - for investors & distributors
4. GoCorp - for Large Institutional Investors
& few other apps are:
mf360
edge360
mf CRM
5/ Details on their Services:
1. Transaction Agency:
KYC/e-KYC - Transaction Origination
Operational
Investor Services
Risk Management &
Compliance
2. Customer Service
Extend support to their end customers vis
National Toll Free No.
PAN India Service Center....
1. Transaction Agency:
KYC/e-KYC - Transaction Origination
Operational
Investor Services
Risk Management &
Compliance
2. Customer Service
Extend support to their end customers vis
National Toll Free No.
PAN India Service Center....
6/ Details of their Services:
3. Electronic Payment Collection Service
4. Insurance Service Business - e-Policy, currently hold 39% mkt share. Immense Potential. Negligible % of e-Policies offered (0.24%)
3. Electronic Payment Collection Service
4. Insurance Service Business - e-Policy, currently hold 39% mkt share. Immense Potential. Negligible % of e-Policies offered (0.24%)
7/ More about CAMS
CAMS major promoters are
Great Terrain (43%) - a subsidiary of Warburg Pincus (Warburg Pincus LLC is a New York-based private equity firm. The firm currently has approximately $62 billion AUM)
&
NSE India Ltd (37.5%)
CAMS major promoters are
Great Terrain (43%) - a subsidiary of Warburg Pincus (Warburg Pincus LLC is a New York-based private equity firm. The firm currently has approximately $62 billion AUM)
&
NSE India Ltd (37.5%)
8/ Great Terrain, NSEIL and other promoters -Acsys, HDFC & HDB Trust planned to offload 24.95% stake via OFS.
9/ Re-visit on CAMS RTA services
CAMS a RTA basically maintain details of MF investor transitions:
Buying & Selling
Redeem
Update Personal Information
CAMS charge ave fee of 0.035% - 0.04% of total AUM
CAMS a RTA basically maintain details of MF investor transitions:
Buying & Selling
Redeem
Update Personal Information
CAMS charge ave fee of 0.035% - 0.04% of total AUM
10/ Revenue Source:
Their source of revenues are:
AUM - Equity, Debt & Liquid
AUM Mix
Paper Based Transaction &
Value Added Services
**bigger the size of AUM, bigger the earnings..
Their source of revenues are:
AUM - Equity, Debt & Liquid
AUM Mix
Paper Based Transaction &
Value Added Services
**bigger the size of AUM, bigger the earnings..
11/ Financials:
Revenue LY: 693 Crores
CAGR (2016 - 19): 20.4%
PAT: 19%
EBITDA Margin: 33.2%
ROE: 29.5%
AUM CAGR: 22.8%
Revenue LY: 693 Crores
CAGR (2016 - 19): 20.4%
PAT: 19%
EBITDA Margin: 33.2%
ROE: 29.5%
AUM CAGR: 22.8%
12/ Growth Potential
AUM growing at 17.4% CAGR
In 2000 - 1.1 Trillion
In 2019 - 23.8 Trillion
In 2024 - 54.4 Trillion
(AUM Growth Projected @ CAGR 17%-19%)
AUM growing at 17.4% CAGR
In 2000 - 1.1 Trillion
In 2019 - 23.8 Trillion
In 2024 - 54.4 Trillion
(AUM Growth Projected @ CAGR 17%-19%)
13/ Growth Potential
In coming yrs CAMs will definitely grow big with AUM growth & diminish competition
Sundaram merging with Karvy, not sure recent scam in Karvy affects their Karvy's RTA business
For risk factors, you can refer to their draft here:
https://www.sebi.gov.in/filings.html
In coming yrs CAMs will definitely grow big with AUM growth & diminish competition
Sundaram merging with Karvy, not sure recent scam in Karvy affects their Karvy's RTA business
For risk factors, you can refer to their draft here:
https://www.sebi.gov.in/filings.html
@dmuthuk sir, may be of interest to you, CAMS is one of NSEIL subsidiary.
