Asia’s leading manufacturers of solvent cement CMS Info Systems raised ₹330 crores from anchor investors on December 20, 2021 Monday before the IPO. The CMS Info Systems IPO is to open on December 21, Tuesday. The company allotted a total of 1,52,77,777 equity shares to 12 Anchor investors at an upper price band of ₹216. The anchor investors list includes 3 Mutual Funds through a total of 5 schemes. The company is going to raise ₹700 crores. Check out the final list of CMS Info Systems Anchor Investors given below:
CMS Info Systems Anchor Investors List:
The
IPO
Committee
of
the
Company
at
their
meeting
held
on
December
20,
2021,
in
consultation
with
Axis
Capital
Limited,
DAM
Capital
Advisors
Limited,
Jefferies
India
Private
Limited
and
JM
Financial
Limited,
the
book
running
lead
managers
(“BRLMs”),
have
finalized
allocation
of
1,52,77,777
equity
shares,
to
Anchor
Investors
at
the
Anchor
Investor
Allocation
Price
of
₹216/-
per
Equity
Share
(including
share
premium
of
₹206/-
per
Equity
Share).
The
details
are
given
below:
Source:
BSEIndia
The
CMS
Info
Systems
IPO
to
open
on
21
December
and
close
on
23
December
2021.
The
price
band
is
fixed
at
₹205
to
₹216.
CMS
Info
Systems
IPO
application
minimum
bid
is
for
69
Shares
(₹14,904)
and
the maximum
bid
is
897
shares
(₹193,752).
The
Book
Running
Lead
Managers
of
the
IPO
are
Axis
Capital
Limited,
DAM
Capital
Advisors
Limited,
Jefferies
India
Private
Limited,
and
JM
Financial
Limited.
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