CAMS IPO raises ₹666 cr. in anchor leg

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Warburg Pincus-backed CAMS has raised a little bit over ₹666 crore from anchor buyers forward of its preliminary share sale that opens for public subscription on Monday.

The firm has finalised the allocation of 54,19,230 shares at ₹1,230 apiece to 35 anchor buyers, CAMS — which acts as a registrar and switch agent for mutual funds — mentioned in a submitting with the inventory exchanges. At this worth, the corporate garnered ₹666.56 crore.

Names of buyers embody SmallCap World Fund, HSBC, Abu Dhabi Investment Authority, Goldman Sachs, Government of Singapore, and Nomura Funds Ireland Public Ltd.

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