CMS Info Systems Ltd. is the largest ATM cash management company in India, as well as one of the largest ATM cash management companies worldwide based on number of ATM points. Their business includes 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.
CMS operates in three segments:
-
Cash management services - which include end-to-end ATM replenishment services, cash pick-up and delivery, network cash management and verification services, and cash-in-transit services for banks.
-
Managed services - which include banking automation product sales, deployment and associated annual maintenance, end-to-end Brown Label deployment and managed services for banks, common control systems and software solutions, including multi-vendor software solutions and other security and automation software solutions as well as remote monitoring for ATMs.
-
Others - which include end-to-end financial cards issuance and management for banks and card personalization services
For Fiscal 2021, the total currency throughput of the company, or the total value of the currency passing through all ATM and retail cash management businesses, amounted to ₹9,158.86 billion with 255,000 ATMs, across India.
The public offer of CMS Info Systems comprises an offer for sale of equity shares aggregating up to Rs. 1,100 crores from existing shareholders.
Financial Snapshot:
| Financial Year Ended | Revenue (₹ Crores) | PAT (₹ Crores) | EPS (₹) |
|---|---|---|---|
| March 2019 | 1159.32 | 96.14 | 6.50 |
| March 2020 | 1388.29 | 134.71 | 9.10 |
| March 2021 | 1321.92 | 168.52 | 11.39 |
| As of August 2021 | 629.72 | 84.47 | 5.71 |
For more information, you can check out the IPO Prospectus filed by the company.
IPO Schedule:
| Issue Period | 21st December to 23rd December |
|---|---|
| Price Range | ₹ 262 to 274 per share |
| Minimum Bid Quantity | 69 and in multiples thereof |
| Finalization of Allotment | 28th December 2021 |
| Initiation of Refunds | 29th December 2021 |
| Credit of Shares | 30th December 2021 |
| Date of Listing | 31st December 2021 |
| Mandate end date | 8th January 2022 |
| Anchor Investors Lock-In End Date | 22nd January 2022 |
How do I apply to the CMS Info Systems Limited IPO?
You can apply for the CMS Info Systems Limited IPO using any supported UPI app by following two steps:
- Enter your bid on Console
- Accept UPI mandate on your phone
On acceptance of the mandate, the bid amount will get blocked in your bank account. Click here to learn more.
Where do I check the allotment status for CMS Info Systems Limited IPO?
You can check the allotment status for the CMS Info Systems Limited IPO on the website of the Registrar and Transfer agent.
Alternatively, you can also check the allotment status on the NSE website.