IPO Issue Details
Issue Price / Price Band₹216 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size69 Shares per Lot
Total Issue Size5,09,25,925 shares (aggregating up to ₹1,100.00 Cr)
Issue TypeBookbuilding IPO
Sale Type / CategoryOffer For Sale
Exchange / PlatformNSE & BSE
IPO TypeMainboard
Subscription OpenTue, 21 Dec 2021
Subscription CloseThu, 23 Dec 2021
Anchor AllotmentMon, 20 Dec 2021
Basis of AllotmentTue, 28 Dec 2021
Initiation of RefundsWed, 29 Dec 2021
Credit of Shares to DematThu, 30 Dec 2021
Listing DateFri, 31 Dec 2021
UPI Mandate Deadline2021-12-23
Application & Investment Details
Retail — Min (1 Lots)₹14,904 — 69 shares
Retail — Max (13 Lots)₹193,752 (13 Lots)
HNI — Min (14 Lots)₹2,08,656 — 966 shares
Pre-IPO Promoter Holding14,80,00,000 shares
Post-IPO Promoter Holding14,80,00,000 shares
About CMS Info Systems Ltd.
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 strengthsLeading 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
(Standard — DRHP pending)
CMS Info Systems Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
1
Funding of Capital Expenditure Requirements
2
Working Capital Requirements
3
General Corporate Purposes
Detailed fund allocation will be available once the company files DRHP with
SEBI.
Shareholding & Lock-in
Pre-IPO Promoter Holding
14,80,00,000 shares
Post-IPO Promoter Holding
14,80,00,000 shares
Lock-in Period (30%)January 27, 2022
Lock-in Period (50%)March 28, 2022