CMS infotech is uniquely positioned as India’s largest Cash Management and Payments Solutions company. CMS' wide footprint caters to the needs in the remotest part and ensures constant currency circulation.

With a network spanning over 105,000 ATMs and retail outlets, and managing well over 53% of all cash in circulation in India, CMS is uniquely positioned as the company that literally serves as the 'circulation system' of the country's economy. Clients include all the leading banks, financial institution and retail chains.

More than 50% of the cash in the entire country is moved by CMS. They provide safe and secure ATM management, cash delivery and pick-ups, cash-in-transit, dedicated cash vans, currency chest support, cash processing and sorting, and cashiering services

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.

Company Financials:



CMS Info Systems IPO Details:



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.



CMS Info Systems IPO Lot Size

The CMS Info Systems IPO market lot size is 69 shares. A retail-individual investor can apply for up to 13 lots (897 shares or ₹193,752).

CMS Info Systems IPO Promoter Holding

• Pre-Issue Share Holding - 100%
• Post-Issue Share Holding - 65.59%

How to apply for IPO?

1. ASBA - All you have to do is, know if your demat is with NSDL or CDSL. Make a note of your Demat ID/DP ID/BO ID - 16 digit number from your broker terminal. Once you have these 2 information, go ahead and apply from your internet banking. One advantage in this process is that, once you submit the application, process ends there and amount gets blocked. While in UPI, you need to get mandate from your bank and need to authorize on time. Many parties are involved in UPI process (Bank, broker, 3rd party UPI app provider etc) and there are chances of delayed UPI mandates. This is a recent process and will take time to settle. Till then, it is better to apply from net banking, but ensure you enter correct 16 digit DP ID.

List of banks that support ASBA. https://www.bsesme.com/static/getlis...x?expandable=0

2. UPI - Visit your broker terminal, select the IPO, enter UPI ID and other bid details to submit the application. Wait for mandate to arrive on UPI app. Approve the mandate to block the amount.

Refer to this video to apply for IPO using UPI at Zerodha.