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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 ₹216.00 per share . The lot size for an application is 69. The minimum amount of investment required by an retail is ₹14,145 (69 shares). 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 Date | December 21, 2021 to December 23, 2021 |
| Listing Date | December 31, 2021 |
| Face Value | ₹10 per share |
| Issue Price Band | ₹205 to ₹216 per share |
| Issue Price Final | ₹216 per share |
| Lot Size | 69 Shares |
| Sale Type | Offer For Sale |
| Total Issue Size | 5,09,25,925 shares (aggregating up to ₹1,100.00 Cr) |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Share Holding Pre Issue | 14,80,00,000 shares |
| Share Holding Post Issue | 14,80,00,000 shares |
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, 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 | Maximum 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%) |
CMS Info Systems IPO raises ₹330.00 crore from anchor investors. CMS Info Systems IPO Anchor bid date is December 20, 2021. CMS Info Systems IPO Anchor Investors list
| Bid Date | December 20, 2021 |
| Shares Offered | 1,52,77,777 |
| Anchor Portion Size (In Cr.) | 330.00 |
| Anchor lock-in period end date for 50% shares (30 Days) | January 27, 2022 |
| Anchor lock-in period end date for remaining shares (90 Days) | March 28, 2022 |
CMS Info Systems IPO opens on December 21, 2021, and closes on December 23, 2021.
| IPO Open Date | Tue, Dec 21, 2021 |
| IPO Close Date | Thu, Dec 23, 2021 |
| Tentative Allotment | Tue, Dec 28, 2021 |
| Initiation of Refunds | Wed, Dec 29, 2021 |
| Credit of Shares to Demat | Thu, Dec 30, 2021 |
| Tentative Listing Date | Fri, Dec 31, 2021 |
| Cut-off time for UPI mandate confirmation | 5 PM on Thu, Dec 23, 2021 |
Investors can bid for a minimum of 69 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Individual Investors (Retail) and HNI in terms of shares and amount.
| 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 |
Note : The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
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
| 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 | |
The IPO aims to raise funds for the following objectives;
[Dilip Davda] CMS is well-known cash management and automation solution providing companies in the financial markets. It has posted consistent growth in its business except for the pandemic year. In this critical year too it earned good margins on a static top line. It has priced the issue reasonably leaving something on table across the board. Investors may consider investment for short to long term rewards. Read detail review...
| Listing Date | December 31, 2021 |
| BSE Script Code | 543441 |
| NSE Symbol | CMSINFO |
| ISIN | INE925R01014 |
| Final Issue Price | ₹216 per share |
| BSE Listing Group | B |
CMS Info Systems Ltd.
T-151, 5th Floor, Sector-11, Tower No. 10
Railway Station Complex, CBD Belapur, Navi Mumbai,
Thane – 400614
Thane, Maharashtra
Phone: +91 22 4889 7400
Email: cms.ipo@cms.com
Website: http://www.cms.com/
MUFG Intime India Pvt.Ltd.
Phone: +91-22-4918 6270
Email: cmsinfo.ipo@linkintime.co.in
Website: https://linkintime.co.in/Initial_Offer/public-issues.html
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 ₹1,100.00 Crores. The issue is priced at ₹216 per share. The minimum order quantity is 69.
The IPO opens on December 21, 2021, and closes on December 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 December 21, 2021 and closes on December 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 Thursday, December 30, 2021. Check the CMS Info Systems IPO allotment status.
The CMS Info Systems IPO listing date is on Friday, December 31, 2021.
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