The company decided to allocate 58,82,352 equity shares to 12 anchor investors after consulting merchant bankers. Each share was sold at Rs 306.
Bids for 10.5 million fresh shares of CAMS were made on the first day and it was excluding the anchor book. There are more than 12.8 million shares of the company on offer.
The issues of CAMS and Chemcon Speciality Chemicals were out on September 21, while the IPO of Angel Broking is going to open on September 22.