Issuer

CMS Info Systems IPO

IPO Date: 21st - 23rd Dec 2021

Price Band

₹205 to ₹216

Issue Size

₹1,100 Cr

Market Lot

69 Shares

Face Value

₹10 Per Share

About CMS Info Systems Limited IPO (CMS Info Systems IPO) Detail

CMS Info Systems Limited is India's largest cash management company in terms of the number of ATM points and retail pick-up points as of March 31, 2021. The company is engaged in installing, maintaining, and managing assets and technology solutions on an end-to-end outsourced basis for banks, financial institutions, organized retail and e-commerce companies in India.

The business operates in 3 segments; 1. cash management services, 2. managed services i.e. banking automation product sales, common control systems, and software solutions, etc., and 3. others i.e. financial cards issuance for banks and card personalization services. As of August 31, 2021, it has a network of 3,965 cash vans and 238 branches and offices to cover all of India's states and union territories.

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 with increased business opportunities.
  • Integrated business platform offering a range of products and services.
  • Experienced and highly qualified management team.

Objects of the Issue

The IPO aims to raise funds for the following objectives;

  • To carry out an offer for sale of equity shares by promotors aggregating upto Rs. 11,000 million.
  • To achieve the benefits of listing the equity shares on the stock exchanges.

CMS Info Systems IPO Details

IPO Opening Date Dec 21, 2021
IPO Closing Date Dec 23, 2021
Issue Type Book Built Issue IPO
Face Value ₹10 per equity share
IPO Price ₹205 to ₹216 per equity share
Market Lot 69 Shares
Min Orher Quantity 69 Shares
Listing At BSE, NSE
Issue Size [.] Eq Shares of ₹10 (aggregating up to ₹1,100.00 Cr)
Offer for Sale [.] Eq Shares of ₹10 (aggregating up to ₹1,100.00 Cr)
QIB Shares Offered Not more than 50% of the offer
Retail Shares Offered Not less than 35% of the offer
NII (HNI) Shares Offered Not less than 15% of the offer

CMS Info Systems IPO Tentative Timetable

The CMS Info Systems IPO open date is Dec 21, 2021, and the close date is Dec 23, 2021. The issue may list on Dec 31, 2021.

IPO Open Date Dec 21, 2021
IPO Close Date Dec 23, 2021
Basis of Allotment Date Dec 28, 2021
Initiation of Refunds Dec 29, 2021
Credit of Shares to Demat Account Dec 30, 2021
IPO Listing Date Dec 31, 2021

CMS Info Systems IPO FAQs

What is CMS Info Systems IPO?

CMS Info Systems IPO is a main-board IPO of [.] equity shares of the face value of ₹10 aggregating up to ₹1,100.00 Crores. The issue is priced at ₹205 to ₹216 per equity share. The minimum order quantity is 69 Shares.

The IPO opens on Dec 21, 2021, and closes on Dec 23, 2021.

Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.

When CMS Info Systems IPO will open?

The CMS Info Systems IPO opens on Dec 21, 2021 and closes on Dec 23, 2021.

What is the lot size of CMS Info Systems IPO?

CMS Info Systems IPO lot size is 69 Shares and the minimum order quantity is 69 Shares.

How to apply for CMS Info Systems IPO?

You can apply in CMS Info Systems IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services.

When CMS Info Systems IPO allotment?

The finalization of Basis of Allotment for CMS Info Systems IPO will be done on Dec 28, 2021, and the allotted shares will be credited to your demat account by Dec 30, 2021.

Check the IPO allotment status

When is CMS Info Systems IPO listing date?

The CMS Info Systems IPO listing date is not yet announced. The tentative date of CMS Info Systems IPO listing is Dec 31, 2021.

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