Bookbuilding IPO | ₹1,100 Cr | Listed at BSE, NSE | Tue, Dec 21, 2021 - Thu, Dec 23, 2021
CMS Info Systems IPO is a book build issue of ₹1,100.00 crores. The issue is entirely an offer for sale of 5.09 crore shares of ₹1,100.00 crore.
CMS Info Systems IPO bidding started from Dec 21, 2021 and ended on Dec 23, 2021. The allotment for CMS Info Systems IPO was finalized on Dec 28, 2021. The shares got listed on BSE, NSE on Dec 31, 2021.
CMS Info Systems IPO price band is set at ₹216 per share. The lot size for an application is 69. The minimum amount of investment required by an retail is ₹14,904 (69 shares) (based on upper price). The lot size investment for sNII is 14 lots (966 shares), amounting to ₹2,08,656, and for bNII, it is 68 lots (4,692 shares), amounting to ₹10,13,472.
Axis Capital Ltd. is the book running lead manager and MUFG Intime India Pvt.Ltd. is the registrar of the issue.
Refer to CMS Info Systems IPO RHP for detailed Information.
IPO Open
Tue, Dec 21, 2021
IPO Close
Thu, Dec 23, 2021
Issue Price
₹216 per share
Market Cap (Pre-IPO)
To be declared
| IPO Date | 21 to 23 Dec, 2021 |
| Listed on | Fri, Dec 31, 2021 |
| Face Value | ₹10 per share |
| Price Band | ₹205 to ₹216 |
| Issue Price | ₹216 per share |
| Lot Size | 69 Shares |
| Sale Type | OFS only |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Total Issue Size | 5,09,25,925 shares (agg. up to ₹1,100 Cr) |
| Offer for Sale | 5,09,25,925 shares of ₹10 (agg. up to ₹1,100 Cr) |
| Share Holding Pre Issue | 14,80,00,000 shares |
| Share Holding Post Issue | 14,80,00,000 shares |
| BSE Script Code / NSE Symbol | 543441 / CMSINFO |
| ISIN | INE925R01014 |
CMS Info Systems IPO offers total 5,09,25,925 shares. Out of which 2,54,62,962 (50.00%) allocated to QIB, 1,01,85,185 (20.00%) allocated to QIB (Ex- Anchor), 76,38,889 (15.00%) allocated to NII 1,78,24,074 (35.00%) allocated to RII and 1,52,77,777 (30.00%) allocated to Anchor investors.
| Investor Category | Shares Offered | Max Allottees |
|---|---|---|
| QIB Shares Offered | 2,54,62,962 (50.00%) | NA |
| − Anchor Investor Shares Offered | 1,52,77,777 (30.00%) | NA |
| − QIB (Ex. Anchor) Shares Offered | 1,01,85,185 (20.00%) | NA |
| NII (HNI) Shares Offered | 76,38,889 (15.00%) | NA |
| Retail Shares Offered | 1,78,24,074 (35.00%) | 2,58,319 |
| Total Shares Offered | 5,09,25,925 (100.00%) |
Investors can bid for a minimum of 69 shares and in multiples thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 69 | ₹14,904 |
| Retail (Max) | 13 | 897 | ₹1,93,752 |
| S-HNI (Min) | 14 | 966 | ₹2,08,656 |
| S-HNI (Max) | 67 | 4,623 | ₹9,98,568 |
| B-HNI (Min) | 68 | 4,692 | ₹10,13,472 |
CMS Info Systems IPO raises ₹330.00 crore from anchor investors. CMS Info Systems IPO Anchor bid date is December 20, 2021.
📝 Anchor Investors Letter (PDF)
| Bid Date | Mon, Dec 20, 2021 |
| Shares Offered | 1,52,77,777 |
| Anchor Portion (₹ Cr.) | 330.00 |
| Anchor lock-in period end date for 50% shares (30 Days) | Thu, Jan 27, 2022 |
| Anchor lock-in period end date for remaining shares (90 Days) | Mon, Mar 28, 2022 |
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
| Period Ended |
|---|
| Amount in ₹ Crore |
The CMS Info Systems IPO is subscribed 1.95 times on December 23, 2021 5:00:00 PM (Day 3). The public issue subscribed 2.15 times in the retail category, 1.98 times in the QIB category, and 1.45 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) | Shares Offered | Shares bid for |
|---|---|---|---|
| QIB | 1.98 | 1,07,31,706 | 2,12,98,644 |
| NII | 1.45 | 80,48,781 | 1,16,46,303 |
| Retail | 2.15 | 1,87,80,488 | 4,03,26,774 |
| Total | 1.95 | 3,75,60,975 | 7,32,71,721 |
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | BRLMs' fees and commissions (including underwriting commission, brokerage and selling commission) | 30.39 |
| 2 | Selling commission/processing fee for SCSBs and Bankers to the Offer, fee payable to the Sponsor Bank for Bids made by RIBs using UPI, brokerage and selling commission and bidding charges for Members of the Syndicate, Registered Brokers, RTAs and CDPs(1)(2)(3) | 4.08 |
| 3 | Fees payable to the Registrar to the Offer | 0.00 |
| 4 | Others | |
| 5 | - Listing fees, SEBI filing fees, upload fees, the Stock Exchanges processing fees, book building software fees and other regulatory expenses | 4.50 |
| 6 | - Printing and stationery | 0.13 |
| 7 | - Advertising and marketing expenses | 2.49 |
| 8 | - Fee payable to legal counsels | 8.17 |
| 9 | - Miscellaneous | 6.78 |
| 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 IPO is a main-board IPO of 5,09,25,925 equity shares of the face value of ₹10 aggregating up to ₹1,100 Crores. The issue is priced at ₹216 per share. The minimum order quantity is 69.
The IPO opens on Tue, Dec 21, 2021, and closes on Thu, Dec 23, 2021.
MUFG Intime India Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
Zerodha customers can apply online in CMS Info Systems IPO using UPI as a payment gateway. Zerodha customers can apply in CMS Info Systems IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in CMS Info Systems IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The CMS Info Systems IPO opens on Tue, Dec 21, 2021 and closes on Thu, Dec 23, 2021.
CMS Info Systems IPO lot size is 69, and the minimum amount required for application is ₹14,904.
You can apply in CMS Info Systems IPO online using either UPI or ASBA as a 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. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for CMS Info Systems IPO will be done on Tuesday, December 28, 2021, and the allotted shares will be credited to your demat account by Thu, Dec 30, 2021. Check the CMS Info Systems IPO allotment status.
The CMS Info Systems IPO listing date is on Fri, Dec 31, 2021.
