The listing of shares of CMS Info Systems can be done on Friday, December 31.
CMS Info Systems IPO: The allotment of the country’s largest cash management company CMS Info Systems can be final today i.e. on December 28. If you had applied for this IPO then you can check your allotment status on the website of BSE or Registrar Link Intime. This IPO was open for subscription from 21 to 23 December. The price band for this issue was fixed at Rs 205-216 per share. This IPO of CMS Info Systems got a shaky response from investors. The issue received bids for over 7.32 crore shares, while there were 3.75 crore shares on offer. In this way, the issue was subscribed 1.95 times on the last day on 23rd December.
Listing may happen on 31st December
CMS Info Systems shares are likely to be listed on both NSE and BSE on Friday (December 31). The Rs 1,100 crore IPO was purely on offer for sale (OFS). Those who applied for this issue can check their share allotment status in this way.
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Check allotment like this on BSE website
- Investors can check allotment status at https://www.bseindia.com/investors/appli_check.aspx.
- Enter Application Number and PAN.
- Click on ‘I am not a Robot’.
- By clicking on the search tab, you can see the status details whether the share has been allotted to you or not.
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How to check allotment status through Link Intime India
- Investors can check IPO status in the section https://linkintime.co.in/MIPO/Ipoallotment.html.
- After reaching this page, select the IPO whose allotment status is to be checked.
- After this, application number or DP ID / Client ID or PAN, one of these three options will have to be selected, through whose details the allotment is to be checked.
- If Application Number is selected, then select Application Type and enter Application Number. If DP ID / Client ID is selected then select Depository and enter DPIP, Client ID. If PAN is selected then fill the PAN.
- Fill the captcha and submit.
- The information about the number of shares applied for and the number of shares allotted will be displayed on the screen.
Details about the company
- CMS Info Systems is the largest cash management company in the country in terms of number of ATMs and retail pick-up points as per the data available as on March 31, 2021.
- The company’s job is to install, maintain and manage assets and technology solutions for banks, financial institutions, organized retail and e-commerce companies in the country.
- Its business is spread across three segments- Cash Management Services, Managed Services such as Banking Automation Product Sales, Common Control Systems and Software Solutions etc. and others such as Financial Card Issuance for Banks and Card Personalization Services.
- As of 31 August 2021, its network includes 3965 vans and 238 branches and offices across the country.
(Article: Harshita Tyagi)
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