CMS Info Systems IPO opens next week: Check IPO details, price band, financials & more

CMS Info Systems

### CMS Info Systems IPO Date CMS Info Systems is looking to raise Rs 1,100 crore through an offer for sale. The IPO will open for subscription on 21 December 2021 and close on 23 December 2021. ### About CMS Info Systems - CMS Info Systems Limited is one of India's largest cash management companies in terms of the number of ATM points and retail pick-up points. It 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. - Its integrated business platform is supported by customized technology and process controls. It enables them to offer customers a wide range of tailored cash management and managed services solutions while generating cross-selling opportunities and driving synergies and efficiencies across the business. ### CMS Info Systems: Quick Financials |Particulars|**FY19**|**FY20**|**FY21**| | :- | :-: | :-: | :-: | |**Total Revenue**|**1159.3**|**1388.3**|**1321.9**| |**Profit After Tax**|**96.1**|**134.7**|**168.5**| (in Rs cr) - The company has reported profits in the last three financial years. - The total revenue has increased from Rs 1,159 cr in FY19 to Rs 1,321 cr in FY21, at a CAGR of 6.8%. - The profit for the same period increased from Rs 96.1 crore in FY19 to Rs 169 crore in FY21, at a CAGR of 32.3%. ### CMS Info Systems: Strengths - Leading market player with strong fundamentals. - The company has a PAN India network of 3965 cash vans and 238 offices and branches. - Integrated business platform offering a range of products and services. - Experienced and highly qualified management team. ### CMS Info Systems: Growth Potential - It can leverage its scale and integrated offering to grow the business. - CMS can grow through selective value accretive strategic acquisitions. - Capitalize on the growing cash cycle to expand operations. - Expand into business areas that create synergies with current business. ## What is CMS Info Systems IPO lot size? You can apply for CMS Info System in the price range between Rs 205 and Rs 216 and with a lot size of 69 shares. ## When will CMS Info Systems IPO list? The listing date is not officially announced. However, the tentative date is 31 December 2021. We shall be coming up with a detailed review shortly.