CAMS IPO: Issue subscribed 34 times on day 3; HNI bids at 91.5 times

The initial public offering (IPO) of Computer Age Management Services (CAMS) was subscribed 33.56 times so far on Wednesday, the last day of the issue. The portion reserved for retail investors was subscribed 4.72 times.

At 3:03 PM, the high networth individuals (HNI) portion of the issue was subscribed 91.5 times, while the portion of qualified institutional buyers was subscribed 42.25 times..

The firm had allotted shares worth Rs 666 crore on Saturday to 35 anchor investors. The anchor investors include Abu Dhabi Investment Authority, Fidelity Funds, Goldman Sachs India, and the Government of Singapore.

It had, on September 18,