CAMS IPO: Price band, Lot size, Important Dates - Complete Details

After the success of Happiest Minds and Route Mobile, the Rs 2,242 crore CAMS IPO is all set to hit Dalal Street next week.

The public issue will open on September 21 at a price band of Rs 1,229-1,230 per share. It will close on September 23. The price band for the CAMS IPO has been fixed at Rs 1,229-1,230.

Investors can subscribe to the initial public offering (IPO) by betting for a lot of 12 shares or in multiples thereof. Retail investors can bid for a maximum of 13 lots. Thus the minimum investment required at the upper end of the price band is Rs 14,760.

NSE Investments would be selling 1,82,46,600 shares through the issue, following a February 4 Sebi directive to NSE to exit the company completely.

The quota for retail investors in CAMS IPO is fixed at 35 percent of the net offer. The QIB quota is fixed at 50 percent and the NII quota at 15 percent.