CMS Info Systems Limited IPO GMP : CMS IPO Quote, Date, Price
India is the third largest ATM market in the world based on the number of installed ATMs, and the company is India’s largest cash management company based on number of ATM points and number of retail pick-up points as of March 31, 2021, as well as one of the largest ATM cash management companies worldwide based on number of ATM points as of March 31, 2021.
For Fiscal Year 2021, its total currency throughput, or the total value of the currency passing through all of its ATM and retail cash management businesses, amounted to ?9,158.86 billion.
Its cash management business is largely route-based in nature with 78.11% and 78.70% of revenue, respectively, in Fiscal 2021 and the five months ended August 31, 2021 being generated from activities where route density drives profitability and enables operating leverage.
Price Range : Rs. 205 – 216
Minimum Investment : Rs.14145
Minimum Quantity : 69
Dates
| Offer End | : | 23 Dec 2021 |
| Allotment Finalisation | : | 28 Dec 2021 |
| Refund Initiation | : | 29 Dec 2021 |
| Listing | : | 31 Dec 2021 |
Strengths
 Leading player in consolidating market with strong fundamentals |  PAN-India footprint with deep penetration in growing markets |  Integrated business platform offering a broad range of services and products |
Risks
 Decrease in the availability or use of cash as thepredominant mode of payment in India |  Banks ceasing to engage MSPs to whom the company provides its services |  Materialisation of the security risks faced by the business |
Be the first to comment