Kiran Rajput Profile picture
Sep 12, 2020 18 tweets 4 min read Read on X
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..
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 😉)
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
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
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....
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%)
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%)
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
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..
11/ Financials:
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%)
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:
sebi.gov.in/filings.html
13-A/
Fwd: Info not validated, if the info is true GMP of 525 for CAMS IPO is pretty impressive.

Route Mobile IPO
GMP 190 +/- 2

Happiest Minds IPO
GMP 146 +/- 1

**Cams IPO**
GMP 525 +/- 5
End
Dear Sir, @WeekendInvestng ,
thread on CAMS, your views?
14/
Some more fwd info on CAMS IPO–
*GMP Estimated*
GMP 475 +/- 5
Kostak 800 +/- 25
Kostak means u will give your ipo application to broker. Even if alloted/ non allotment the broker will pay u kostak price ie, 800 +/- 25 rs. In case of allotment broker will take the profit.
15/
According to CRISIL, CAMS is India's largest registrar and transfer agent of mutual funds..
Warburg Pincus and NSE-backed CAMS IPO likely to hit Dalal Street on September 21

moneycontrol.com/news/business/…

• • •

Missing some Tweet in this thread? You can try to force a refresh
 

Keep Current with Kiran Rajput

Kiran Rajput Profile picture

Stay in touch and get notified when new unrolls are available from this author!

Read all threads

This Thread may be Removed Anytime!

PDF

Twitter may remove this content at anytime! Save it as PDF for later use!

Try unrolling a thread yourself!

how to unroll video
  1. Follow @ThreadReaderApp to mention us!

  2. From a Twitter thread mention us with a keyword "unroll"
@threadreaderapp unroll

Practice here first or read more on our help page!

More from @_KiranRajput

Jun 21
How Mutual Funds have performed from 2019 - 2023 (yr wise data).
It will give us very good insight on sectors, themes.
Thread🧵👇
Pharma Funds: Image
FMCG Funds: Image
Banking Funds: Image
Read 12 tweets
Apr 11
There are 120 Index Funds.
Read below detailed thread on 15yr to 1 yr returns.
The below data should help Index Investors.
⍣HDFC, ICICI & UTI Nifty50 have done exceptionally well.
⬇️↓⇟⬇️🧵
15 yr returns⤵️Image
10 yr returns⤵️
⍣Cheers to Next50 Index Funds Image
7 yr returns⤵️
⍣HDFC Sensex Index Fund is consistent over the yrs. Image
Read 6 tweets
Jan 4
Common Sense & Simple Investing!
It’s not necessary we need sound fundamental & technical skills to build a portfolio. Sometime common-sense & doing simple things does help create Wealth.
Very Importantly Behavioural Skills.

My investments in ‘Direct Stocks’ is 90-95% though I keep writing about Mutual Funds.
My expectations from this portfolio is 20-25% only.
Here are the list of my stocks in alphabetical order:
Bank of Maha.
Triggers:
»Undervalued PSU Bank
»NPA's cleaned
»Recapitalization
»Growth PlansImage
Coal India
Triggers:
»Undervalued
»Power Demand
»Green Energy Capex
»De-merger
»Lumpy DividendsImage
Read 17 tweets
Dec 2, 2023
Systematic Withdrawal Plan (SWP) as a Pension Tool.
More realistic nos.
At 23 yr, I
SIP in Mutual Funds: Rs 2,500
Annual Increment: 15%
Duration: 25 yr
Conservative CAGR: 12%

Corpus at the age 48yr: 1.7 Cr
Lets see if I do 1.5 Cr SWP in below BAF
(20L - Taxes)
🧵⤵️
Monthly withdrawal is 8% of the corpus. Slightly on higher side.
For those who are concerned about inflation, every 2-3 yrs you can increase withdrawal. Just that reminder will be reduced.

Fund1: HDFC Balanced Advantage Fund
Withdrawal/ Month: 1 Lakh
Duration: 20 yr Image
Fund2: ICICI Pru Balanced Advantage Fund
Withdrawal/ Month: 1 Lakh
Duration: 15 yr Image
Read 10 tweets
Nov 26, 2023
Few argued earning 15% CAGR in Mutual Funds is difficult.
here is the 10 year data for↴
⓵Flexi-cap
⓶Mid-cap
⓷Small-cap
The returns range between 15% & 28%.
Index Investors can you counter it with data🙂?
🧵⤵️
"Flexi-cap" Image
"Mid-cap" Image
Read 5 tweets
Aug 5, 2023
2nd SWP (Systematic Withdrawal Plan) thread on conservative withdrawal.
Lumpsum: 1 Cr & 50 Lakh
Time Frame: 12yrs
Withdrawal %: 6%

Assumption: have own house, kids are settled & they are moving partial savings in SWP.
I am picking funds randomly. No Discrimination.
Lets go⤵️
Flexi-cap: DSP
Pic1: 1 Cr, 50K/ mth, Corpus after 12 yrs: 2.8 Cr
Pic2: 50L, 25K/ mth, Corpus after 12 yrs: 1.4 Cr
Image
Image
Large & Mid-cap: SBI
Pic1: 1 Cr, 50K/ mth, Corpus after 12 yrs: 3.8 Cr
Pic2: 50L, 25K/ mth, Corpus after 12 yrs: 1.9 Cr
Image
Image
Read 10 tweets

Did Thread Reader help you today?

Support us! We are indie developers!


This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3/month or $30/year) and get exclusive features!

Become Premium

Don't want to be a Premium member but still want to support us?

Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal

Or Donate anonymously using crypto!

Ethereum

0xfe58350B80634f60Fa6Dc149a72b4DFbc17D341E copy

Bitcoin

3ATGMxNzCUFzxpMCHL5sWSt4DVtS8UqXpi copy

Thank you for your support!

Follow Us!

:(