CMS Info Systems IPO

About the Company
Incorporated in 2008,As of March 31, 2021, CMS Info Systems Limited was India’s largest cash management firm in terms of ATM and retail pick-up points. The company instals, maintains, and manages assets and technological solutions for banks, financial institutions, organised retail, and e-commerce companies in India on an end-to-end outsourced basis.

The company is divided into three segments: 1. cash management services, 2. managed services (such as banking automation product sales, common control systems, and software solutions, and so on), and 3. others (such as financial card issuance for banks and card personalization services). It has a network of 3,965 cash vans and 238 branches and offices covering all of India’s states and union territories as of August 31, 2021.

Reference – https://www.chittorgarh.com/ipo/cms-info-system...

IPO Details

Opening Date – 21st December 2021
Closing Date – 23nd December 2021
Market Lot – 69 Shares
IPO Size – ₹1100.00 Cr
IPO Price – ₹205 to ₹216 per equity share
Issue Type – Book Built Issue IPO
Face Value – ₹10 per equity share

The CMS Info Systems IPO market lot size is 69 shares. A retail-individual investor can apply for up to 13 lots (897 shares or ₹193,752).