CMS Info Systems IPO subscription is to start from December 21, 2021, Tuesday. The company to raise ₹1100 crores via IPO at a price band of ₹205 to ₹216. The retail portion of this IPO is 35%, QIB is 50% and HNI is 15% quota. The IPO subscription will close on December 23, 2021, Thursday. The minimum bid for the IPO is 69 shares that cost ₹14,904 for 1 lot. The face value is ₹10 per equity share. CMS Info Systems is one of the largest cash management companies based on a number of ATM points and a number of retail pick-up points in India. The company reported ₹1322 crores of revenues in 2021 against ₹1388 crores in 2020. The company’s financial report is looking strong with stable revenues and growing profit YOY. Please check the CMS Info Systems IPO details over here.
IPOWatch View
We recommend investors apply for an IPO with long-term views. Investors should also look at the QIB and HNI numbers as well as CMS Info Systems grey market premium movement before investing. You can check the CMS Info Systems IPO allotment status here.
CMS Info Systems IPO Subscription Status (Final Data)
| Category | Day 1 | Day 2 | Day 3 |
| QIB | 0.00 | 0.00 | 1.98 |
| NII | 0.01 | 0.04 | 1.45 |
| RII | 0.79 | 1.30 | 2.15 |
| Total | 0.40 | 0.66 | 1.95 |
CMS Info Systems IPO Date & Price Band
| IPO Open: | 21 December 2021 |
| IPO Close: | 23 December 2021 |
| IPO Size: | Approx ₹1100 Crores |
| Fresh Issue: | Approx ₹- Crores |
| Offer for Sale: | Approx ₹1100 Crores |
| Face Value: | ₹10 Per Equity Share |
| Price Band: | ₹205 to ₹216 Per Share |
| Listing on: | BSE & NSE |
| Retail Quota: | 35% |
| QIB Quota: | 50% |
| NII Quota: | 15% |
| Discount: | N/A |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
CMS Info Systems IPO Market Lot
The CMS Info Systems IPO minimum market lot is 69 shares with ₹14,904 application amount. The retail investors can apply up-to 13 lots, 897 shares with ₹193,752 application amount.
| Minimum Lot Size: | Minimum 69 Shares for 1 lot |
| Minimum Amount: | ₹14,904 for 1 lot |
| Maximum Lot Size: | Maximum 897 Shares for 13 lot |
| Maximum Amount: | ₹193,752 for 13 lot |
CMS Info Systems IPO Time Table
The CMS Info Systems IPO date is 21 December 2021 and the IPO close date is 23 December 2021. The allotment date is 28 December 2021 and the IPO may list on 31 December 2021.
| Price Band Announcement: | 15 December 2021 |
| Anchor Investors Allotment: | 20 December 2021 |
| IPO Open Date: | 21 December 2021 |
| IPO Close Date: | 23 December 2021 |
| Basis of Allotment: | 28 December 2021 |
| Refunds: | 29 December 2021 |
| Credit to Demat Account: | 30 December 2021 |
| IPO Listing Date: | 31 December 2021 |
CMS Info Systems IPO Subscription FAQs:
When CMS Info Systems IPO Subscription will start?
The IPO subscription starts on 21 December 2021 for QIB, NII, and Retail Investors.
How much CMS Info Systems IPO subscribed?
The IPO subscribed 1.95x times on day 3.
What is CMS Info Systems IPO Retail subscription status?
The RII subscription is 2.15x on day 3.
How to subscribe CMS Info Systems IPO?
You can go with ASBA and Non-ASBA options for a subscription. Go to your bank account and apply for IPO online via ASBA or download the form online or get the physical form and submit the filled form to your broker or bank.
How do i check live CMS Info Systems IPO Subscription Numbers?
One can visit our portal for live IPO subscription numbers that we are updating hourly basis from the official website NSE and BSE websites. One can check the live subscription on BSE or NSE website on the particular IPO page.
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