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CMS Info Systems IPO

CMS Info Systems is the largest cash management company as per ATM points and retail pick-up points, as of 31 March 2021. The company offers a wide range of curated cash management services. It includes retail cash management, ATM management and various managed services. Moreover, the company serves more than 1 lakh business points every day. Additionally, for the financial year of 2021, the total current output of the company through its different business verticals stands at Rs. 9,158.86 billion. The business portfolio of CMS Info Systems provides end-to-end technology solutions to the banks in terms of installing, managing and maintaining assets. In addition, the company primarily performs outsourced operations for various financial institutions under long-term contracts.

CMS Info Systems IPO Objectives :

- To carry out the offer for sale on behalf of existing stakeholders.

- To leverage the advantages of being listed on the bourses.

CMS Info Systems IPO - Details

CMS Info Systems has filed its DRHP with capital market regulator SEBI to go public. The company is looking to mop up about Rs. 1,100 crores with this public issue. This initial public offering will include only an OFS by its existing promoter Sion Investment Holdings Pte.

Opening Date

Dec 21, 2021

Closing Date

Dec 23, 2021

Price Band

₹205 to ₹216

per equity share

Issue Size

₹1,100.00 Cr

Face Value

₹ 10

per equity share

Market Lot

69 Shares

Opening Date

Dec 21, 2021

Closing Date

Dec 23, 2021

Price Band

₹205 to ₹216

per equity share

Issue Size

₹1,100.00 Cr

Face Value

₹ 10

per equity share

Market Lot

69 Shares

Listing at NSE, BSE

CMS Info Systems IPO Important Dates

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 Latest News and Subscription Status Today [Live]

At 11:25:00 AM.

-  This IPO has been subscribed 0.43x by 11:25 AM on Day 3

- It is a public issue of 3,75,60,975 equity shares.

 Status of Subscription

- (QIB) Qualified institutional buyers: 0.13x

- (NII) Non-institutional buyers: 0.03x

- (RII) Retail Individual buyers: 0.77x

At 12:10:00 PM.

-  This IPO has been subscribed 0.84x by 12:10 PM on Day 3

- It is a public issue of 3,75,60,975 equity shares.

 Status of Subscription

- (QIB) Qualified institutional buyers: 0.14x

- (NII) Non-institutional buyers: 0.08x

- (RII) Retail Individual buyers: 1.56x

At 1:00:00 PM.

-  This IPO has been subscribed 1.20x by 1:00 PM on Day 3

- It is a public issue of 3,75,60,975 equity shares.

 Status of Subscription

- (QIB) Qualified institutional buyers: 1.22x

- (NII) Non-institutional buyers: 0.11x

- (RII) Retail Individual buyers: 1.66x

At 2:00:00 PM.

-  This IPO has been subscribed 1.32x by 2:00 PM on Day 3

- It is a public issue of 3,75,60,975 equity shares.

 Status of Subscription

- (QIB) Qualified institutional buyers: 1.26x

- (NII) Non-institutional buyers: 0.32x

- (RII) Retail Individual buyers: 1.78x

At 3:00:00 PM.

-  This IPO has been subscribed 1.56x by 3:00 PM on Day 3

- It is a public issue of 3,75,60,975 equity shares.

 Status of Subscription

- (QIB) Qualified institutional buyers: 1.90x

- (NII) Non-institutional buyers: 0.43x

- (RII) Retail Individual buyers: 1.86x

At 4:10:00 PM.

-  This IPO has been subscribed 1.91x by 4:10 PM on Day 3

- It is a public issue of 3,75,60,975 equity shares.

 Status of Subscription

- (QIB) Qualified institutional buyers: 1.98x

- (NII) Non-institutional buyers: 01.39x

- (RII) Retail Individual buyers: 2.09x

At 5:05:00 PM.

-  This IPO has been subscribed 1.95x by 5:05 PM on Day 3

- It is a public issue of 3,75,60,975 equity shares.

 Status of Subscription

- (QIB) Qualified institutional buyers: 1.98x

- (NII) Non-institutional buyers: 01.45x

- (RII) Retail Individual buyers: 2.15x

At 10:40 p.m.

- This IPO has been subscribed 0.47x by 10:40 AM on Day 2
- It is a public issue of 3,75,60,975 equity shares.

Status of Subscription

- (QIB) Qualified institutional buyers: 0.00x
- (NII) Non-institutional buyers: 0.03x
- (RII) Retail Individual buyers: 0.92x

At 12:15 p.m.

- This IPO has been subscribed 0.51x by 12:15 PM on Day 2
- It is a public issue of 3,75,60,975 equity shares.

Status of Subscription

- (QIB) Qualified institutional buyers: 0.00x
- (NII) Non-institutional buyers: 0.01x
- (RII) Retail Individual buyers: 1.01x

At 1:00 p.m.

- This IPO has been subscribed 0.52x by 1:00 PM on Day 2
- It is a public issue of 3,75,60,975 equity shares.

Status of Subscription

- (QIB) Qualified institutional buyers: 0.00x
- (NII) Non-institutional buyers: 0.01x
- (RII) Retail Individual buyers: 1.04x

At 1:45 p.m.

- This IPO has been subscribed 0.54x by 1:45 PM on Day 2
- It is a public issue of 3,75,60,975 equity shares.

Status of Subscription

- (QIB) Qualified institutional buyers: 0.00x
- (NII) Non-institutional buyers: 0.03x
- (RII) Retail Individual buyers: 1.07x

At 2:40 p.m.

- This IPO has been subscribed 0.54x by 2:40 PM on Day 2
- It is a public issue of 3,75,60,975 equity shares.

Status of Subscription

- (QIB) Qualified institutional buyers: 0.00x
- (NII) Non-institutional buyers: 0.03x
- (RII) Retail Individual buyers: 1.11x

At 4:10 p.m.

- This IPO has been subscribed 0.62x by 2:40 PM on Day 2
- It is a public issue of 3,75,60,975 equity shares.

Status of Subscription

- (QIB) Qualified institutional buyers: 0.00x
- (NII) Non-institutional buyers: 0.04x
- (RII) Retail Individual buyers: 1.22x

At 5:10 p.m.

- This IPO has been subscribed 0.62x by 5:10 PM on Day 2
- It is a public issue of 3,75,60,975 equity shares.

Status of Subscription

- (QIB) Qualified institutional buyers: 0.00x
- (NII) Non-institutional buyers: 0.04x
- (RII) Retail Individual buyers: 1.30x

At 10:40 p.m.

- This IPO has been subscribed 0.15x by 10:40 AM on Day 1
- It is a public issue of 3,75,60,975 equity shares.

Status of Subscription

- (QIB) Qualified institutional buyers: 0.00x
- (NII) Non-institutional buyers: 0.00x
- (RII) Retail Individual buyers: 0.30x

At 11:45 p.m.

- This IPO has been subscribed 0.21x by 11:45 AM on Day 1
- It is a public issue of 3,75,60,975 equity shares.

Status of Subscription

- (QIB) Qualified institutional buyers: 0.00x
- (NII) Non-institutional buyers: 0.00x
- (RII) Retail Individual buyers: 0.41x

At 12:40 p.m.

- This IPO has been subscribed 0.25x by 12:40 PM on Day 1
- It is a public issue of 3,75,60,975 equity shares.

Status of Subscription

- (QIB) Qualified institutional buyers: 0.00x
- (NII) Non-institutional buyers: 0.01x
- (RII) Retail Individual buyers: 0.51x

At 1:40 p.m.

- This IPO has been subscribed 0.29x by 1:40 PM on Day 1
- It is a public issue of 3,75,60,975 equity shares.

Status of Subscription

- (QIB) Qualified institutional buyers: 0.00x
- (NII) Non-institutional buyers: 0.01x
- (RII) Retail Individual buyers: 0.57x

At 2:40 p.m.

- This IPO has been subscribed 0.31x by 2:40 PM on Day 1
- It is a public issue of 3,75,60,975 equity shares.

Status of Subscription

- (QIB) Qualified institutional buyers: 0.00x
- (NII) Non-institutional buyers: 0.01x
- (RII) Retail Individual buyers: 0.62x

At 4:10 p.m.

- This IPO has been subscribed 0.35x by 4:10 PM on Day 1
- It is a public issue of 3,75,60,975 equity shares.

Status of Subscription

- (QIB) Qualified institutional buyers: 0.00x
- (NII) Non-institutional buyers: 0.01x
- (RII) Retail Individual buyers: 0.70x

At 5:10 p.m.

- This IPO has been subscribed 0.40x by 5:10 PM on Day 1
- It is a public issue of 3,75,60,975 equity shares.

Status of Subscription

- (QIB) Qualified institutional buyers: 0.00x
- (NII) Non-institutional buyers: 0.01x
- (RII) Retail Individual buyers: 0.79x

Why Should You Invest in CMS Info Systems IPO?

CMS Info Systems is one of the leading cash management companies in this country. Here are some reasons to invest in this public issue –

1. CMS is one of the leading companies in its business segment and a well-known one at that. They cater to all the leading banks and financial institutions of this country.
2. The company offers a one of a kind integrated business platform supported by customisable technology. It enables the organisation to deliver client-focused services.
3. The company also has a successful track record of building new service lines in and around their business areas. As a result, it has helped them to scale up their business portfolio and diversify the revenue stream.
4. Their combined service and product range has enabled them to extend more end-to-end services to their customers.

Financial Highlights

In the past three financial years, CMS Info Systems have delivered a profit in successive years. Here is an overview of this company’s financial highlights during this period –

Financial Year Total Assets Total Revenue Total Expenses Profit After Tax
March FY2021 Rs. 16,118.10 millions Rs. 13,219.21 millions Rs. 10,841.71 millions Rs. 1,685.23 millions
March FY2020 Rs. 13,327.38 millions Rs. 13,882.94 millions Rs. 11,932.33 millions Rs. 1,347.09 millions
March FY2019 Rs. 10,927.04 millions Rs. 11,593.19 millions Rs. 10,093.90 millions Rs. 961.41 millions

How to apply for CMS Info Systems IPO?

You can apply for the CMS Info Systems IPO in these ways:

UPI
Link your bank account to a reliable UPI ID and register it with your Angel One account. Proceed to book CMS Info Systems IPO shares using the ID, confirm the payment on the UPI app, and block the amount for allotment.

Demat Account

1. If you are already a client of Angel One, apply directly for CMS Info Systems IPO, click here.
2. If you’re a new investor Open DEMAT Account for free with Angel One to begin your investment journey.

CMS Info System IPO – Noteworthy Highlights

Incorporated in 2008, CMS Info Systems has emerged as a leading organisation in this sector. In 2015, Sion Investment Holdings Pte. acquired 100% stake of CMS Info Systems. Now, the company is on the verge of going public, so prospective borrowers should be aware of some company highlights –

1. The company has pan-India operations, and its revenue streams are diverse across different product and service segments.

2. CMS Info System has 1,33,000 business points across India, which the company serves daily.

3. CMS Info Systems is India's largest cash management company in terms of ATM points and retail pick-up points as of 31 March 2021.

CMS Info System IPO - SWOT Analysis

strengths

Strengths

  • Market presence: CMS Info Systems is one of the largest companies in this segment, with all-India operations. This allows the company to build a strong network.
  • Infrastructure: The technology-driven integrated business platform allows the company to cater to every requirement of its clients.
Weaknesses

Weaknesses

  • Dependency on outsourcing: The business model of CMS Info Systems primarily relies on outsourcing contracts from banks. Therefore, it can be a point of concern.
Opportunities

Opportunities

  • Part of a niche segment: CMS Info Systems operates in a segment that does not have many major players. Thus, the business opportunities are vast, and so are the chances of increasing revenue.
Threats

Threats

  • Inflation and economic slowdown: Due to inflation and economic slowdown, the company can fail to increase the charges on its services. It can adversely affect its revenues.
Strenghts Strengths
Weaknesses Weaknesses
Opportunities Opportunities
Threats Threats

Strengths

  • Market presence: CMS Info Systems is one of the largest companies in this segment, with all-India operations. This allows the company to build a strong network.
  • Infrastructure: The technology-driven integrated business platform allows the company to cater to every requirement of its clients.

Weaknesses 

  • Dependency on outsourcing: The business model of CMS Info Systems primarily relies on outsourcing contracts from banks. Therefore, it can be a point of concern.

Opportunities 

  • Part of a niche segment: CMS Info Systems operates in a segment that does not have many major players. Thus, the business opportunities are vast, and so are the chances of increasing revenue.

Threats 

  • Inflation and economic slowdown: Due to inflation and economic slowdown, the company can fail to increase the charges on its services. It can adversely affect its revenues.

Competitive Analysis: Market Peers

Following is an overview of how listed market peers of CMS Info Systems are performing in NSE on 29 September 2021 –

Competitor Face value Sector P/E Market Cap. Dividend yield
SIS Limited Rs. 5 68.44 Rs. 7345 NA
** Note: Market cap is mentioned in crores

CMS Info System IPO FAQs

Can I apply for this public issue of CMS Info Systems using a current account?

No, you cannot apply for this public issue of CMS Info Systems through a current account. Banks do not accept any IPO applications made using a current account. So, it is ideal to apply for any public issue via a savings account. You can also get in touch with your respective bank for additional details.

Can I apply for the CMS Info Systems IPO using my Hindu Undivided Family account?

No, you cannot apply for the CMS Info Systems IPO or any public issue using your Hindu Undivided Family account via Angel One platform. However, you can use this account through the ASBA process via your bank for this purpose.

Can I apply for this CMS Info Systems IPO through my minor daughter’s account?

No, you cannot apply for this CMS Info Systems IPO or any other public offering using your minor daughter’s account. Also, the Angel One App does not have such provisions where you can apply for an IPO using your minor daughter’s account. However, a minor can apply for any public offering using the ASBA process via a bank.

What is the application process for CMS Info Systems IPO using Angel One App?

To apply for an IPO via Angel One App, you can follow the steps mentioned below –
Step 1: Visit the ‘investment opportunities’ section on Angel One App
Step 2: Go to the ‘IPOs and FPOs’ option and enter the needed information
Step 3: Enter your NPCI approved UPI handle
Step 4: Click on ‘invest’ and place your bid for CMS Info Systems IPO

Is it possible to apply for this CMS Info Systems IPO without using a UPI ID?

Yes, applying for this CMS Info Systems IPO is possible without using a UPI ID via the ASBA process through your bank. However, if you do not have a UPI ID, you can now quickly create one without any delays. Just refer to the UPI handles specified on the NPCI List.

How fast do I need to approve my UPI mandate request?

It is vital to approve a UPI mandate request once you receive it. Nevertheless, this approval window remains open till 12 pm on the next working day from the closing bell of the previous day.

How fast can I get the UPI mandate request after applying for this CMS Info Systems IPO?

The process is quite fast. Usually, after submitting a bid for any public issue, it takes about 15 to 20 minutes to receive this mandate request against any UPI ID. However, at times there can be delays due to some reasons.

What is the process of approving a mandate request of CMS Info Systems?

To approve CMS Info Systems’ public issue mandate request, you can use any UPI app. Click here to learn about this process and how it works.

How to set up a UPI ID?

To create a UPI ID via the BHIM app, you can follow the steps mentioned below –
Step 1: Download and install the BHIM UPI app on your mobile phone
Step 2: Verify your mobile number and create a PIN or password needed to operate this app
Step 3: Select a bank from the list of financial institutions mentioned in NPCI’s approved list
Step 4: BHIM app will then gather your bank account details automatically
Step 5: In case you have more than one bank account, select one that you want to register and link with this app
Step 6: Create a personal UPI ID for security purposes
You can then check your UPI ID later in the ‘Profile’ section of this app.

I cannot locate my UPI handle on the dropdown menu of the Angel One App while applying for IPO. What can be the reason?

If you cannot find your UPI ID under this dropdown menu, it means that the UPI ID you are currently using does not have NPCI’s approval. In that case, you can easily create an ID with any of the UPI handles approved under the NPCI List.

I cannot apply for CMS Info Systems IPO using my current UPI handle. What is the reason? 

You can only use UPI handles permitted by NPCI to apply for CMS Info Systems IPO or any other public offering. However, suppose you cannot apply for this public issue via your existing UPI ID. In that case, you can refer to the list of apps that has NPCI’s approval to extend UPI service and then register with one of them to apply for this initial public offering of CMS Info Systems.

Can I submit multiple bids for this initial public offering of CMS Info Systems?

According to the current guidelines, you cannot submit multiple bids for this CMS Info Systems IPO against one PAN number. The reason behind it is that if you apply for an IPO through different platforms but use the same PAN, your application will not receive approval. Thus, you will fail to receive an allotment for this public issue.

I have accepted the IPO mandate request; but, its update on the Angel One app is still showing pending. what can I do now?

The Angel One App does not display real time updates of UPI mandate requests. Thus, you may be seeing the pending status. However, if you have approved this mandate request, it will display associated updates in the order book of an IPO after some time.

Can I use a bank account not connected with the Angel One app to apply for this CMS Info Systems IPO?

Yes, you can apply for this CMS Info Systems IPO through a bank account, which is not connected with the Angel One App. But, this account should be in your name.

What is a cut-off price? Can I bid at this price?

The cut-off price is a price point at which CMS Info Systems shares will be listed on the share market. This price is pre-set and determined during the allotment stage. Also, if you bid at this price, it indicates that you are prepared to apply for an IPO at this price point. Moreover, applying on cut-off price increases your chance of securing an allotment.

Are NRIs eligible to submit a bid for the CMS Info Systems IPO through Angel One App?

No, NRIs are not eligible to use the Angel One app to submit a bid for this CMS Info Systems IPO. But, they can always use the ASBA (Application Supported by Blocked Amount) process via their respective banks to apply for this IPO and any other.

Can I change my bid for the CMS Info Systems IPO after the final application?

Yes, you can change the lot size of your CMS Info Systems IPO application along with the UPI ID, even after placing a bid. However, remember that any changes here will be registered as a new bid once you approve the UPI mandate request. In that case, banks will block the required amount once more, besides the current application. Additionally, you will get a new UPI mandate request for this new bid, just like before.

I have completed the application for this CMS Info Systems IPO, but the funds are not debited. What is the reason?

Banks do not debit any funds required for an IPO right after you submit the application, be it for CMS Info System or any other public issue. However, they will not freeze this due amount, and once you receive the allotment, they will debit these funds. Whereas, in case you fail to secure an allotment, or your UPI mandate request expires, they will release these funds.

What can be the reasons behind the rejection of my CMS Info Systems IPO application?

Your CMS Info Systems IPO application mat got rejected due to the reasons mentioned below –
- Providing a wrong UPI PIN while approving the mandate
- Unable to ensure that your UPI ID, Demat account, and bank account are linked with the same PAN
For instance, in case you use your Demat account to apply for this public issue and use your friend’s UPI ID to make payment. In that case, your application can get rejected –
- If your Demat account is not linked with your friend’s bank account 
- If your PAN and your friend’s UPI ID are not linked

What is the estimated time required to block or unblock the funds of an IPO subscription?

Once you give approval to a UPI mandate request, your funds for any IPO will be blocked. But, these funds will be unblocked only when you fail to secure an allotment or if the UPI mandate expires. However, if your funds are not unblocked even after this, contact your bank for clarification.

How to get an allotment of CMS Info Systems IPO without fail?

It is not possible to guarantee an IPO allotment, irrespective of the public offering you choose to ahead with. In case of oversubscription, which is quite common, the allocation of shares is completed through a lottery system. A point to keep in mind is that the Angel One platform only allows you to apply for a public issue, and it does not offer any guarantee regarding allotment.
However, you can bolster your chances by following some tips –
- Using a Demat Account linked with your PAN
- Applying at the cut-off price
- Confirm that your bank account and UPI ID are linked through a single PAN, and failing to keep that can lead to rejection. For instance, person X has applied for the CMS Info Systems IPO via his Demat Account but person Y’s UPI ID. In such cases, the application can get rejected due to –
- Person Y’s UPI ID is not linked with X’s PAN
- Person X’s Demat account is not linked with Y’s bank account

Do I need to bear any extra charges to apply for the CMS Info Systems IPO?

No, if you apply for CMS Info Systems IPO through the Angel One platform, you need not pay any extra charges.

How to locate my UPI ID in Angel One mobile app?

You can find your UPI ID in the ‘profile’ section of any UPI app. In addition, you can click here to know about this process in detail and how to access it across different apps.

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