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.
The IPO aims to raise funds for the following objectives;
| 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 |
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 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.
The CMS Info Systems IPO opens on Dec 21, 2021 and closes on Dec 23, 2021.
CMS Info Systems IPO lot size is 69 Shares and the minimum order quantity is 69 Shares.
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.
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
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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