Share Allotment Of CMS Info Systems To Take Place Tomorrow
The share allotment of CMS Info Systems Initial Public Offer (IPO) is expected to take place tomorrow, December 28.
The company’s Rs 1,100-crore IPO was an outright offer for sale (OFS) by Sion Investment Holdings Pvt Ltd, the promoter of Baring Private Equity Asia. The offer price range was Rs 205-216 per share.
The registrar for the IPO is Link Intime India Private Limited, hence the allotment application can be checked by the customer on its website and also on the website of Bombay Stock Exchange (BSE).
Investors can check the status of their share allotment for CMS Info Systems IPO through the following link of BSE: https://www.bseindia.com/investors/appli_check.aspx.
After logging into the website, click on “Equity” under the issue type. Under the problem name, select CMS Info Systems Limited in the drop box. Then enter application number, add PAN card details and then click on “I am not a robot” icon and then press submit. The allotment status will appear on the screen.
Similarly, Subscribers can check allotment status on the online portal of Link Intime India Private Limited (https://linkintime.co.in/MIPO/Ipoallotment.html), Registrar of Issues.
For this, one has to visit the website of the registrar and then select the IPO in Dropbox, whose name will be populated only after the allotment is finalised. One may need to select any one of three modes: Application Number, Client ID or PAN ID. In Application Type, choose between ASBA and Non-ASBA. Once it is done, enter the details of the mode selected in the second step. For security purposes, fill the captcha correctly and select submit option. The allotment status will appear on the screen.
CMS provides cash management services, including ATM services, and cash delivery and pickup. It caters to a broad set of outsourcing requirements for banks, financial institutions, organized retail and e-commerce companies in India. Axis Capital, Dam Capital Advisors, Jefferies India and JM Financial were the book running lead managers of the issue.