An old fintech learns new tricks: The CAMS story
- Why CAMS, a leader in the mutual fund RTA market, is betting big on diversification.
NEW DELHI : Computer Age Management Services Limited (CAMS), a Chennai-based fintech company, timed its initial public offering (IPO) just right—between the two deadly covid waves—in September 2020. And many analysts recommended that investors subscribe to the issue. After all, CAMS held a leadership position in the registrar and transfer agent (RTA) business for mutual funds, had zero debt, a healthy cash position, and high return ratios.