The book-built Rs 1,100.00 crore CMS Info Systems IPO It is all an offer to buy in this issue. December 21, 2021, was the beginning of the CMS Info Systems IPO auction, which concluded on December 23, 2021. On Tuesday, December 28, 2021, the allocation for the CMS Info Systems IPO was completed. December 31, 2021, saw the shares go on sale on the BSE and NSE. The price range for CMS Info Systems’ first public offering is ₹205–₹216 per share. An application must have a minimum lot size of 69 shares. Retail investors are required to invest a minimum of ₹14,904.
As of March 31, 2021, CMS Info Systems Limited is the biggest cash management firm in India in terms of the quantity of ATMs and retail pick-up locations. For banks, financial institutions, organized retail, and e-commerce businesses in India, the company provides end-to-end outsourcing services for the installation, upkeep, and management of assets and technology solutions. The company is divided into three business segments: 1. cash management services; 2. managed services, which includes the sale of products for banking automation, common
control systems, software solutions, etc.; and 3. others, which include the issuance of financial cards for banks and services for personalizing cards. It covers every state and union territory in India with a network of 238 branches and offices and 3,965 cash vans as of August 31, 2021. Competitive strengths :
- Leading market player with strong fundamentals.
- Strong pan-India network of 3,965 cash vans and 238 branches and offices.
- Longstanding customer relationships increase business opportunities.
- Integrated business platform offering a range of products and services.
- Experienced and highly qualified management team.
CMS Info Systems IPO Details
| IPO Date | December 21, 2021 to December 23, 2021 |
| Listing Date | December 31, 2021 |
| Face Value | ₹10 per share |
| Price Band | ₹205 to ₹216 per share |
| Lot Size | 69 Shares |
| Total Issue Size | [.] shares (aggregating up to ₹1,100.00 Cr) |
| Offer for Sale | [.] shares of ₹10 (aggregating up to ₹1,100.00 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE, NSE |
CMS Info Systems IPO Timeline (Tentative Schedule)
| IPO Open Date | Tuesday, December 21, 2021 |
| IPO Close Date | Thursday, December 23, 2021 |
| Basis of Allotment | Tuesday, December 28, 2021 |
| Initiation of Refunds | Wednesday, December 29, 2021 |
| Credit of Shares to Demat | Thursday, December 30, 2021 |
| Listing Date | Friday, December 31, 2021 |
| Cut-off time for UPI mandate confirmation | 5 PM on December 23, 2021 |
CMS Info Systems IPO Reservation
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | – | NA |
| QIB Shares Offered | 10,731,706 (28.57%) | NA |
| NII (HNI) Shares Offered | 8,048,781 (21.43%) | |
| Retail Shares Offered | 18,780,488 (50.00%) | 272,180 |
| Total Shares Offered | 37,560,975 (100%) |
CMS Info Systems IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 69 | ₹14,904 |
| Retail (Max) | 13 | 897 | ₹193,752 |
Objects of the Issue (CMS Info Systems IPO Objectives)
The IPO aims to raise funds for the following objectives:
- To carry out an offer for the sale of equity shares by promotors aggregating up to Rs. 11,000 million.
- To achieve the benefits of listing the equity shares on the stock exchanges.
CMS Info Systems IPO Listing Details
| Listing Date | December 31, 2021 |
| BSE Script Code | 543441 |
| NSE Symbol | CMSINFO |
| ISIN | INE925R01014 |
| Final Issue Price | ₹216 per share |
CMS Listing Day Trading Information
| Price Details | BSE | NSE |
|---|---|---|
| Final Issue Price | ₹216.00 | ₹216.00 |
| Open | ₹218.50 | ₹220.20 |
| Low | ₹215.00 | ₹215.10 |
| High | ₹260.00 | ₹259.60 |
| Last Trade | ₹237.40 | ₹238.20 |
CMS Info Systems Limited Contact Details
CMS Info Systems Limited
T-151, 5th Floor, Sector-11, Tower No. 10
Railway Station Complex, CBD, Belapur, Navi Mumbai,
Thane: 400614
Phone: +91 22 4889 7400
Email: [email protected]
Website: http://www.cms.com
CMS Info Systems IPO Registrar
Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: [email protected]
Website: https://linkintime.co.in
CMS Info Systems IPO FAQs
Q1. What is the CMS Info Systems IPO?
Ans. CMS Info Systems IPO is a main-board IPO of [.] equity shares of the face value of ₹10 aggregating up to ₹1,100.00 crore. The issue is priced at ₹205 to ₹216 per share. The minimum order quantity is 69 shares. The IPO opens on December 21, 2021, and closes on December 23, 2021.
Q2. When will CMS Info Systems IPO open?
Ans. The CMS Info Systems IPO opens on December 21, 2021 and closes on December 23, 2021.
Q3. What is the size of the CMS Info Systems IPO?
Ans. CMS Info Systems IPO lot size is 69 Shares, and the minimum amount required is ₹14,904.
Q4. When is the CMS Info Systems IPO listing date?
Ans. The CMS Info Systems IPO listing date is on December 31, 2021.
