CMS Info Systems IPO Date, GMP, Review, Price, Form, Subscription & Market Lot Details
CMS Info Systems IPO will open its initial public offering (IPO) for public subscription on December 21, Tuesday next week. The three-day initial share sale will close on December 23, according to the red herring prospectus (RHP) filed by CMS Info Systems The retail quota is 35% with QIB 50% and HNI 15%.
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.
Page Contents
CMS Info Systems IPO Date & Price Band:
| 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 Order 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) |
CMS Info Systems IPO Tentative Timetable
| 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 Market Lot:
| Minimum Lot Size: | Minimum 69 Shares |
| Minimum Amount: | ₹14,904 |
| Maximum Lot Size: | Maximum 897 Shares |
| Maximum Amount: | ₹193,752 |
CMS Info Systems Company Financial:
| Particulars | For the year/period ended (₹ in million) | ||||
|---|---|---|---|---|---|
| 31-Aug-21 | 31-Mar-21 | 31-Mar-20 | 31-Mar-19 | ||
| Total Assets | 15,780.86 | 16,118.10 | 13,327.38 | 10,927.04 | |
| Total Revenue | 6,297.23 | 13,219.21 | 13,882.94 | 11,593.19 | |
| Profit After Tax | 844.70 | 1,685.23 | 1,347.09 | 961.41 | |
CMS Info Systems LTD IPO Reviews / Ratings
- Updates Soon
Brokerage Firm IPO Reviews for CMS Info Systems LTD IPO
- ICICI Securities: Adding Soon
- Motilal Oswal: Adding Soon
- Capital Market: Adding Soon
- Ventura Securities Limited: Adding Soon
- KR Choksey: Adding Soon
- AXIS Capital Ltd: Neutral
- CMS Info Systems IPO GMP (Grey Market Premium)
- CMS Info Systems IPO Subscription Status
- CMS Info Systems IPO Allotment Status
CMS Info Systems IPO Form:
CMS Info Systems IPO Subscription Numbers
| Category | Day 1 | Day 2 | Day 3 |
|---|---|---|---|
| QIB | x | x | x |
| NII | x | x | x |
| RII | x | x | x |
| EMP | x | x | x |
| OTH | x | x | x |
| Total | x | x | x |
About CMS Info Systems
i. CMS Info is India’s largest cash management company based on number of ATM points.
ii. The Company’s business includes installing, maintaining and managing assets and technology solutions on end-to-end outsourced basis for banks under long term contracts. They cater to broad set of outsourcing requirements for banks, financial institutions, organized retail and e-commerce companies in India.
CMS Info Systems operate our business in three segments:
a. Cash management services, which include end-to-end ATM replenishment services; cash pick-up and delivery; network cash management and verification services (together known as “retail cash management services”); and cash-in-transit services for banks.
b. Managed services, which include banking automation product sales, deployment, and associated annual maintenance; end-to-end Brown Label deployment and managed services for banks; common control systems and software solutions, including multi-vendor software solutions and other security and automation software solutions.
c. Others, which include end-to-end financial cards issuance and management for banks and card personalization services
Competitive Strengths
i. Leading player in a consolidating market with strong fundamentals
ii. Pan-India footprint with deep penetration in growing markets
iii. Longstanding customer relationships leading to increased business opportunities
CMS Info Systems IPO Objectives
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 LTD IPO Prospectus
CMS Info Systems LTD Company Promoters:
- Sion Investment Holdings Pte. Limited
CMS Info Systems IPO Registrar:
CMS Info Systems IPO Lead Managers:
- Axis Capital Limited
- DAM Capital Advisors Ltd (Formerly IDFC Securities Ltd)
- Jefferies India Private Limited
- JM Financial Consultants Private Limited
CMS Info Systems Company Address:
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: cms.ipo@cms.com
Website: http://www.cms.com/