CMS Info Systems Limited is India's largest cash management company in terms of the number of ATM points and retail pick-up points as of March 31, 2021. The company is engaged in installing, maintaining, and managing assets and technology solutions on an end-to-end outsourced basis for banks, financial institutions, organized retail and e-commerce companies in India.
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.
Funds from the fresh issue will be used for
The Company will utilize fresh issue proceeds for the following:
To carry out an offer for sale of equity shares by promotors aggregating upto ₹ 1,100 crores.
To achieve the benefits of listing the equity shares on the stock exchanges.
Company Financials: (in crores)
How to apply for an IPO/Buyback Online via Navjeevan?
Step 1: Go to our website and select an IPO that you wish to apply for.
Step 2: Log in your details (Non-Navjeevan Client can log in via their mobile number).
Step 3: Enter the price at which you want to apply for shares and the number of lots and provide your UPI ID
Step 4: Submit the application and then approve the block funds request on the UPI App.