CMS Info Systems IPO Subscription Status {Final Data – Closed}

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.

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.

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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.

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.