#cms info systems

CE Info Systems Slips The Most In A Week [04-02-2022]

Shares of CE Info Systems fell over 4.5%, the steepest intraday decline in a week. The company approved acquisition of 75.98% of Gtropy Systems Pvt Ltd for Rs 13.5 crore. The indicative time period for completion of the acquisition is 45 days.Gtropy Systems, which belongs to IoE and logistics Software-as-a-Service Tech industry, had a turnover of 8.49 crore in FY21 and Rs 2.58 crore in…

CMS Info Systems Shares List At 2% Premium Over Issue Price

CMS Info Systems fixed a price band of Rs 205-216 per equity share for the IPO Shares of CMS Info Systems Limited on Friday listed with nearly two per cent premium against its issue price of Rs 216. The leading cash management company is the last one to be listed on the stock exchanges in 2021. The stock listed at Rs 218.50 on the BSE, a premium of 1.2 per cent over the issue price of Rs 216. It…

CMS Info Systems Shares To List On Bourses Tomorrow

Shares of CMS Info Systems will list on the bourses on December 31 Cash management company CMS Info’s shares would be listed on the bourses tomorrow, December 31. In the grey market, the company’s shares though were trading flat at Rs 10 (4.6 per cent premium over the issue price, which according to experts may not lead to an impressive debut at the stock exchanges. The company’s shares will…

Share Allotment Of CMS Info Systems To Take Place Tomorrow

Share allotment of CMS Info Systems is to take place on December 28 Share allotment of CMS Info Systems initial public offer (IPO) is expected to take place tomorrow on December 28. The company’s Rs 1,100 crore IPO was a complete offer for sale (OFS) by the promoter Sion Investment Holdings Private Limited, an affiliate of Baring Private Equity Asia. The price range of the offer was at Rs…

CMS Info Systems IPO subscribed 42% on first day of the issue

The initial public offering (IPO) of CMS Info Systems was subscribed 42 per cent on Tuesday — the first day of the issue. The institutional portion remained unsubscribed. The portion reserved for wealthy investors was subscribed by a mere 1 per cent; the retail portion by 83 per cent. The company is planning to mobilise Rs 1,100crore through its public issue, of which Rs 330 crore was raised on…

Cash management firm CMS Info Systems IPO subscribed 40% on Day 1 of offer

The initial public offering of cash management company CMS Info Systems Limited was subscribed 40 per cent on the first day of subscription on Tuesday. The IPO received bids for 1,48,92,132 shares against 3,75,60,975 shares on offer, according to NSE data. The category for Retail Individual Investors (RIIs) was subscribed 79 per cent while non-institutional investors category was subscribed 1…