CMS Info Systems continues to expand its market share in the industry, which is in the consolidation phase and favours established players
CMS Info Systems should see good margin expansion along with strong revenue growth for years to come. MC Pro expects the company's revenue to grow around 20 percent over the next three years, and EBITDA margins reach 27 percent during the same period. Watch this video to uncover CMS' multiple growth drivers that we are betting on.
CMS Info Systems has multiple growth drivers and has seen a good response to its recently launched technology solutions business.
The city-based company said its annualised revenue rose 21.4 percent to Rs 40.37 crore driven by growth across both cash management and managed services businesses. Its earnings per share for the quarter was Rs 4.07, higher by 48 percent.
CMS Info Systems traded with a volume of 4.9 crore equity shares on the NSE, and 30.05 lakh shares on the BSE.
CMS Info Systems | Analysts advised investors to hold the stock for the long term, citing the company’s strong fundamentals and productivity
CMS Info Systems' is the last listing in 2021. With this, 65 companies made a debut on the bourses during the year after more than Rs 1.31 lakh crore of IPOs.
CMS Info Systems listing: Experts said the shares could list at about the issue price of Rs 216 even though the company has strong fundamentals and operational excellence. Read on to know what could spoil the party.
CMS Info Systems traded at Rs 221 per share in the grey market, a premium of Rs 5 or 2.3 percent over and above the expected final issue price of Rs 216 per share
CMS Info Systems IPO | The issue was fully booked, but saw a relatively muted response from investors as it was subscribed only 1.95 times
Three listings in the last week of 2021 | HP Adhesives will list on December 27, followed by Supriya Lifescience on December 27, and CMS Info Systems on December 31
CMS Info Systems is promoted by Sion Investment Holdings Pte Limited, an affiliate of Baring Private Equity Asia. The company has raised Rs 1,100 crore through its public issue, which was entirely an offer-for-sale by the promoter.
CMS Info Systems IPO | The IPO of leading cash management company has managed to get good response especially from retail and qualified institutional investors on its last day of subscription.
CMS Info Systems IPO | The company targets to mop up Rs 1,100 crore through its public issue at the upper price band of Rs 216 per share. It is purely an offer-for-sale by promoter Sion Investment Holdings Pte Limited.
CMS Info Systems IPO | On the first day of the issue, the company received bids for 1.48 crore shares against 3.75 crore shares on offer, subscribed 40 percent.
Anand Rathi has come out with its report on CMS Info Systems. The research firm has recommended to ''Subscribe'' the ipo in its research report as on December 20, 2021.
KR Choksey has come out with its report on CMS Info Systems. The research firm has recommended to ''Subscribe'' the ipo in its research report as on December 20, 2021.
CMS Info Systems IPO | Considering the fact that the entire issue is offer for sale, which means existing promoters are selling their stake and no money will come into the company for its business need, "it makes us a little uncomfortable about the reason and timing for the issue," said KRChoksey.
CMS Info Systems has a presence across every stage in the cash cycle and caters to large Indian banks.
Majority of the brokerages hold a positive view about the company which, on December 20, garnered Rs 330 crore from 12 anchor investors
CMS Info Systems IPO | The company in its BSE filing said it has finalised allocation of 1,52,77,777 equity shares to anchor investors, at a price of Rs 216 per equity share.