CMS Info Systems IPO: Here’s how you can check the allotment status

• CMS Info Systems is likely to announce its share allotment status today.
• Mumbai-based cash management company’s IPO received tepid response from investors as it was subscribed just 1.95 times.
• The IPO will be listed on December 31 on exchanges.

The Mumbai-based cash management company CMS Info Systems, is likely to announce the allotment status of its initial public offering (IPO) today, December 27.

The IPO was open for subscription from December 21 to December 23. The company raised ₹1,100 crore via public issue of shares, which is a complete offer for sale by promoter Sion Investment Holdings PTE, an affiliate of Baring Private Equity Asia..

CMS Info Systems IPO received tepid demand from investors as its IPO was subscribed just 1.95 times the number of shares offered in the three days of IPO bidding process. The grey market premium of the company’s shares show a little premium of ₹5 from the higher end of the price band.

The portion reserved for retail investors was oversubscribed by 2.15 times on the last day of the IPO bidding process.

Its business includes installing, maintaining and managing assets and technology solutions on an end-to-end outsourced basis for banks under long term contracts.

Here is how to CMS Info Systems IPO allotment status on stock exchange website:

• Go to the BSE website or NSE website here.
• On BSE, Select 'Equity' and then from the dropdown, select ‘CMS Info Systems’.
• Now, enter your application number and PAN.
• Click on 'Search'.
• Please note the details will only be available once the shares are allotted.

You can also visit the registrar website (Link Intime India) to check your application status.

• Visit the registrar's website here.
• Click on 'Select company' and click on ‘CMS Info Systems’.
• Once the company is selected, you will have to enter either your PAN detail, the application number, or the client ID.
• Enter the captcha and click ’submit’.

Once you hit 'submit', the status of your application will appear on the screen. Please ensure the details that you provide are correct. It will show the number of shares you subscribed to and the number of shares allotted to you.

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