CMS Info Systems Limited is India’s largest cash management company in terms of the number of ATM points and retail pick-up points as of March 31, 2021. The company is engaged in installing, maintaining, and managing assets and technology solutions on an end-to-end outsourced basis for banks, financial institutions, organized retail and e-commerce companies in India.
The business operates in 3 segments; 1. cash management services, 2. managed services i.e. automated product sales, common control systems, and software solutions, etc., and 3. others i.e. financial cards issuance for banks and card personalization services. As of August 31, 2021, it has a network of 3,965 cash vans and 238 branches and offices to cover all of India’s states and union territories.
Competitive strengths
- Leading market player with strong fundamentals.
- Strong Pan-India network of 3,965 cash vans and 238 branches and offices.
- Longstanding customer relationships with increased business opportunities.
- Integrated business platform offering a range of products and services.
- Experienced and highly qualified management team.
Company Promoters:
Sion Investment Holdings Pte. Limited is the promoter of the company.
Company Financials:
| Particulars | For the year/period ended (₹ in million) | |||
|---|---|---|---|---|
| 31-Aug-21 | 31-Mar-21 | 31-Mar-20 | 31-Mar-19 | |
| Total Assets | 15,780.86 | 16,118.10 | 13,327.38 | 10,927.04 |
| Total Revenue | 6,297.23 | 13,219.21 | 13,882.94 | 11,593.19 |
| Profit After Tax | 844.70 | 1,685.23 | 1,347.09 | 961.41 |
Objects of the Issue:
The IPO aims to raise funds for the following objectives;
- To carry out an offer for sale of equity shares by promotors aggregating upto Rs. 11,000 million.
- To achieve the benefits of listing the equity shares on the stock exchanges.
CMS Info Systems IPO Details
| IPO Opening Date | Dec 21, 2021 |
| IPO Closing Date | Dec 23, 2021 |
| Issue Type | Book Built Issue IPO |
| Face Value | ₹10 per equity share |
| IPO Price | [.] to [.] per equity share |
| Market Lot | |
| Min Order Quantity | |
| Listing At | BSE, NSE |
| Issue Size | [.] Eq Shares of ₹10 (aggregating up to ₹1,100.00 Cr) |
| Offer for Sale | [.] Eq Shares of ₹10 (aggregating up to ₹1,100.00 Cr) |
CMS Info Systems IPO Tentative Timetable
The CMS Info Systems IPO open date is Dec 21, 2021, and the close date is Dec 23, 2021. The issue may list on Dec 31, 2021.
| IPO Open Date | Dec 21, 2021 |
| IPO Close Date | Dec 23, 2021 |
| Basis of Allotment Date | Dec 28, 2021 |
| Initiation of Refunds | Dec 29, 2021 |
| Credit of Shares to Demat Account | Dec 30, 2021 |
| IPO Listing Date | Dec 31, 2021 |
CMS Info Systems IPO Promoter Holding
| Pre Issue Share Holding | 100% |
| Post Issue Share Holding |
Company Contact Information
CMS Info Systems Limited
T-151, 5th Floor, Sector-11, Tower No. 10
Railway Station Complex, CBD Belapur, Navi Mumbai,
Thane – 400614
Phone: +91 22 4889 7400
Email: cms.ipo@cms.com
Website: http://www.cms.com/
CMS Info Systems IPO Registrar
Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: cmsinfo.ipo@linkintime.co.in
Website: https://linkintime.co.in/