CAMS IPO raises ₹666 cr. in anchor leg

Warburg Pincus-backed CAMS has raised just a little over ₹666 crore from anchor buyers forward of its preliminary share sale that opens for public subscription on Monday. The corporate 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 — stated in a submitting with the inventory exchanges. At this value, the corporate garnered ₹666.56 crore.Names of buyers embrace SmallCap World Fund, HSBC, Abu Dhabi Funding Authority, Goldman Sachs, Authorities of Singapore, and Nomura Funds Eire Public Ltd.

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