Highlights

  • CMS Info Systems has a grey market premium of 15%
  • Serves banks, financial institutions, organized retail and e-commerce

Latest news

Alleged Bondi shooters conducted 'tactical' training in countryside, Australian police say

Alleged Bondi shooters conducted 'tactical' training in countryside, Australian police say

RSS chief Mohan Bhagwat calls for decentralised healthcare, education

RSS chief Mohan Bhagwat calls for decentralised healthcare, education

Lynching incident: Kerala CM assures justice, orders strict action

Lynching incident: Kerala CM assures justice, orders strict action

India-New Zealand Pact Boosts Trade and Economic Ties

India-New Zealand Pact Boosts Trade and Economic Ties

Five-wicket Duffy prompts West Indies collapse as NZ win series 2-0

Five-wicket Duffy prompts West Indies collapse as NZ win series 2-0

Demolition of MGNREGA to have catastrophic consequences: Sonia Gandhi

Demolition of MGNREGA to have catastrophic consequences: Sonia Gandhi

Air India's Mumbai-bound B777 plane returns to Delhi due to right engine issue

Air India's Mumbai-bound B777 plane returns to Delhi due to right engine issue

India is a Hindu nation, constitution approval not required: RSS chief Mohan Bhagwat

India is a Hindu nation, constitution approval not required: RSS chief Mohan Bhagwat

IPO Radar: CMS Info Systems subscriber 40% on Day 1, here is what you need to know

CMS manages the entire flow and management of money for the 1.33 lakh business points

IPO Radar: CMS Info Systems subscriber 40% on Day 1, here is what you need to know

CMS Info Systems Ltd, the largest cash management company in India, has open its public offering on Tuesday, December 21. Here are the IPO details you need to know -:

About the issue:

IPO Dates: Dec 21 to 23
Price Band: Rs 205 to 216
Lot Size: 69 shares
Min. Investment: Rs 14,904
Issue size: Rs 1,100 crore
GMP: Rs 30 (15% approx.)

About the company

CMS offers its customers a range of tailored cash management and managed services solutions, including ATM network management, retail management and managed services. CMS manages the entire flow and management of money for the 1.33 lakh business points that it serves every day - from when the RBI initially deposits cash in the bank’s currency chests, to when cash is deposited back in banks after going through the various stages of the cash cycle.

ADVERTISEMENT

Up Next

IPO Radar: CMS Info Systems subscriber 40% on Day 1, here is what you need to know

IPO Radar: CMS Info Systems subscriber 40% on Day 1, here is what you need to know

India-New Zealand Pact Boosts Trade and Economic Ties

India-New Zealand Pact Boosts Trade and Economic Ties

Rupee breaches 91-mark against US dollar for first time in intra-day trade

Rupee breaches 91-mark against US dollar for first time in intra-day trade

Microsoft commits USD 17.5 billion investment in India: CEO Satya Nadella

Microsoft commits USD 17.5 billion investment in India: CEO Satya Nadella

CBI books Anil Ambani's son, Reliance Home Finance Ltd. in Rs 228 crore bank fraud case

CBI books Anil Ambani's son, Reliance Home Finance Ltd. in Rs 228 crore bank fraud case

RBI raises FY26 GDP growth projection to 7.3 pc

RBI raises FY26 GDP growth projection to 7.3 pc

ADVERTISEMENT

editorji-whatsApp

More videos

RBI trims policy interest rate by 25bps to 5.25pc, loans to get cheaper

RBI trims policy interest rate by 25bps to 5.25pc, loans to get cheaper

Rupee slumps to all-time low of 90.25 against US dollar in intra-day trade

Rupee slumps to all-time low of 90.25 against US dollar in intra-day trade

Reliance completes merger of Star Television Productions with Jiostar

Reliance completes merger of Star Television Productions with Jiostar

India to lead emerging market growth with 7pc GDP rise in 2025: Moody’s

India to lead emerging market growth with 7pc GDP rise in 2025: Moody’s

Nifty hits record high after 14 months; Sensex nears all-time peak

Nifty hits record high after 14 months; Sensex nears all-time peak

Reliance stops Russian oil use at its only-for-export refinery to comply with EU sanctions

Reliance stops Russian oil use at its only-for-export refinery to comply with EU sanctions

ED attaches fresh assets worth over Rs 1,400 cr in case against Anil Ambani's Reliance Group

ED attaches fresh assets worth over Rs 1,400 cr in case against Anil Ambani's Reliance Group

India signs one-year deal to import 2.2 million tonnes of LPG from US

India signs one-year deal to import 2.2 million tonnes of LPG from US

India International Trade Fair begins at Pragati Maidan amid tight security

India International Trade Fair begins at Pragati Maidan amid tight security

Stock markets decline in initial trade on foreign fund outflows, weak Asian peers

Stock markets decline in initial trade on foreign fund outflows, weak Asian peers

Editorji Technologies Pvt. Ltd. © 2022 All Rights Reserved.