CMS Info Systems IPO: Subscription status, allotment date, shares finalisation date, how to check status online and listing date

Cash management company CMS Info Systems Limited's initial public offering (IPO) was subscribed 1.95 times on the last day of subscription. The IPO received bids for 7,32,71,721 shares against 3,75,60,975 shares on offer, according to NSE data.

CMS Info Systems IPO shares allotment finalisation is likely to take place on 28th December and listing is likely to happen on 31st Dec, as per Zerodha. 

Here is direct BSE link and step by step guide to know CMS Info Systems IPO Shares Allotment status online:-

Step 1- Login at BSE link — bseindia.com/investors/appli_check.aspx
 
Step 2- Select CMS Info Systems IPO
 
Step 3- Enter your CMS Info Systems IPO application number
 
Step 4- Enter your PAN card details
 
Step 5 - Click at 'I'm not a robot'
 
Step 6 - Click at 'Submit' button
 
You will get to know the CMS Info Systems IPO shares allotment status of your application

CMS Info Systems IPO

-The category for Retail Individual Investors (RIIs) was subscribed 2.15 times, while Qualified Institutional Buyers (QIBs) received 1.98 times subscription and Non-Institutional Investors 1.45 times.

-The company's Rs 1,100-crore public issue is a pure offer-for-sale (OFS) by promoter Sion Investment Holdings Pte Limited, an affiliate of Baring Private Equity Asia.

- The price range of the IPO was at Rs 205-216 per share.

-Axis Capital, DAM Capital Advisors, Jefferies India, and JM Financial were the book running lead managers to the issue.

- The equity shares of the company will be listed on BSE and NSE. 

CMS Info Systems

-CMS provides cash management services, which include ATM services, and cash delivery and pick-up.

-The company's integrated business platform is supported by customised technology and process controls, which enables it to offer customers a wide range of tailored cash management and managed services solutions.

- It caters to broad set of outsourcing requirements for banks, financial institutions, organized retail and e-commerce companies in India.