CMS Info Systems Limited | Globe Capital
CMS Info Systems Limited
Closed
Price Band
Rs. 205 – 216
IPO Issue Period
Dec 21, 2021 to Dec 23, 2021
Issue Size
Rs. 1100 Cr.
Face value
Rs. 10/-
Fresh issue
Rs. 200 Cr.
Offer for sale
Rs. 1100 Cr.
Minimum Shares for Retail
69 shares
Listing on
NSE, BSE
Issue Type
Book Building
Registrar to the Issue
Link Intime India Private Ltd
Tentative Listing Date
Dec 31, 2021
QIB
Not More than 50% of the offer
NII
Not less than 15% of the offer
Retail
Not less than 35% of the offer

Axis Capital Limited
DAM Capital Advisors Ltd (Formerly IDFC Securities Ltd)
Jefferies India Private Limited
JM Financial Consultants Private Limited

CMS Info Systems Limited (“CMS”) was incorporated on March 26, 2008. CMS is India’s largest cash management company based on number of ATM points and number of retail pick-up points, as well as one of the largest ATM cash management companies worldwide based on number of ATM points as of March 31, 2021.

The business operates in 3 segments; 1. cash management services, 2. managed services i.e. banking automation product sales, common control systems, and software solutions, etc., and 3. others i.e. financial cards issuance for banks and card personalization services. As of August 31, 2021, it has a network of 3,965 cash vans and 238 branches and offices to cover all of India’s states and union territories. Sion Investment Holdings Pte. Limited is the promoter of the company.

For year/ period ended ( in Cr.)

31 Mar 2021 31 Mar 2020 31 Mar 2019
Sales 1306.09 1383.24 1146.16
Profit After Tax 168.52 134.71 96.41
EPS 11.39 9.1 6.5
OPM (%) 23.69% 18.72% 18.42%
PATM (%) 12.90% 9.74% 8.41%
  • It is a leading market player with strong fundamentals.
  • It has strong Pan-India network of 3,965 cash vans and 238 branches and offices.
  • Longstanding customer relationships with increased business opportunities.
  • Integrated business platform offering a range of products and services.
  • Experienced and highly qualified management team.
  • To carry out an offer for sale of equity shares by promotors aggregating upto Rs. 11,000 million.
  • To achieve the benefits of listing the equity shares on the stock exchanges

CMS is well-known cash management and automation solution providing companies in the financial markets. It has posted consistent growth in its business except for the pandemic year. In this critical year too it earned good margins on a static top line. Investors may consider investment for short to long term rewards.

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