CMS Info Systems Limited

December 20, 2021

This is to inform you that CMS Info Systems Limited is coming out with a public issue to raise Rs.1100 crore from the market.

The issue opens on December 21 and closes on December 23, 2021.

Details of the CMS Info Systems Limited IPO

Company Details :
  • CMS Info Systems Limited (“CMS”) was incorporated on March 26, 2008. CMS is India’s largest cash management company based on number of ATM points and number of retail pick-up points, as well as one of the largest ATM cash management companies worldwide based on number of ATM points as of March 31, 2021 .
  • For Fiscal Year 2021, their total currency throughput, or the total value of the currency passing through all of their ATM and retail cash management businesses, amounted to ₹9,158.86 billion.
  • Company’s business includes installing, maintaining and managing assets and technology solutions on end-to-end outsourced basis for banks under long term contracts.
  • CMS operates their business in 3 segments:
    1. Cash management services: which includes end-to-end ATM replenishment services; cash pick-up and delivery; network cash management and verification services
    2. Managed services: which includes banking automation product sales, deployment and associated annual maintenance; end-to-end Brown Label deployment and managed services for banks
    3. Others: which includes end-to-end financial cards issuance and management for banks and card personalisation services
  • Company’s cash management business is largely route-based in nature and managed services business on the other hand is largely recurring in nature
  • As on August 31, 2021, company has pan-India fleet of 3,965 cash vans and the network of 238 branches and offices which cover all of India’s states and union territories, except remote union territory of Lakshwadeep. Also, through their network, CMS served more than 141,977 business points across their ATM cash management, retail cash management and managed services businesses.
  • CMS is also supported by their Promoter-Sion Investment Holdings Pte. Ltd, which acquired the company in 2015 and is an affiliate of Baring Private Equity Asia, a private equity firm that has over US$27 billion assets under management as of June 30, 2021.
Issue Period : Issue opens on: Tuesday, December 21, 2021
Issue closes on: Thursday, December 23, 2021
Price Band : Rs.205  to Rs.216 per equity share
Bid Lot : 69 equity shares and in multiple thereafter.
Issue Size : Rs.1100 crore
Issue break-up : QIB - 50% of the offer – Rs.550 crore
NIB - 15% of the offer - Rs.165 crore
RET - 35% of the offer - Rs.385 crore
Listing : NSE and BSE
Registrar : Link Intime India Private Limited
UPI : All Retail Applications through brokers are compulsorily in UPI Mode

Watch these 4 videos to know how to apply for the CMS Info Systems Limited IPO online easily.

Step 1: Create an UPI ID

Create UPI ID

How to Create UPI ID CTA
Step 2: Apply for IPO online using mobile app or website

Step 3: Authorise UPI mandate to block payment

Authorised UPI ID

Authorised UPI ID CTA

Remember these points while applying for IPOs

  • With Sharekhan, you can now fill and submit your IPO application online at your convenience anytime before an issue closes. This can be done through the Sharekhan app or website.
  • You will need a mobile phone with a SIM linked to your bank account offering the UPI facility and a debit card to create your UPI ID.
  • Currently, UPI works on the following mobile applications:
    Name of App (Supported Platforms) VPA Handle
    BHIM Baroda Pay (only Android) @BARODAMPAY
    BHIM Oriental Pay (Only Android) @obc
    BHIM RBL Pay (Android & iOS) @rbl
    BHIM (android & iOS) @upi
    BHIM ALLBANK UPI (only Android) @allbank
    BHIM Axis Pay (only android) @axisbank
    BHIM IndusPay (only Android) @indus
    BHIM Lotza UPI (only Android) @federal
    BHIM SBIPay (only android) @sbi
    Citi Mobile (android & iOS) @citi & @citigold
    Google Pay (android & iOS) @okhdfcbank | @okaxis | @oksbi | @okicici
    HSBC Simply Pay (android & iOS) @hsbc
    iMobile by ICICI Bank (android users) @icici
    Kotak Mobile Banking App (Android) @kotak
    Phone-Pe (android & iOS) @ybl
    SIB Mirror+ (only Android) @sib
    BHIM YES PAY (only Android) @yesbank
    DigiBank - DBS (Android & iOS @dbs
    Paytm (Andriod & iOS) @paytm
    BHIM AUPay (Android & iOS) @aubank
    Freecharge (Android & iOS) @freecharge
    BHIM BANDHAN UPI (Android & iOS) @bandhan
    BHIM KBL UPI (Android) @kbl
    Phone-Pe (Android & iOS) @ybl, @axl, @ibl
  • To avoid rejection, download the latest version of the app.
  • Remember to select UPI as the payment option in the IPO application form by providing your UPI ID.
  • As soon as you submit your application through the mobile app or website, you will receive an SMS from National Payments Corporation of India (NPCI) informing you that your UPI mandate has been generated.
  • The app passcode and the UPI PIN can be different; remember to enter only the UPI PIN while authorising the UPI mandate. Note that you should not share your UPI PIN with anyone.
  • If you forget the UPI PIN, simply reset it instead of entering a wrong one.
  • If the transaction gets through, you will receive a “Transaction is successful” message on your mobile.
  • There are two possible scenarios post-allotment: On full allotment, funds will be debited from your account. If there is no allotment of shares, the blocked funds will be released after the end date or expiry date of the UPI mandate.
Published by Team Internal Communications
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