CMS Info Systems Limited IPO

CMS Info Systems Ltd. is the largest ATM cash management company in India, as well as one of the largest ATM cash management companies worldwide based on number of ATM points. Their business includes 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.

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CMS operates in three segments: Cash management services - which include end-to-end ATM replenishment services, cash pick-up and delivery, network cash management and verification services, and cash-in-transit services for banks. Managed services - which include banking automation product sales, deployment, and associated annual maintenance, end-to-end Brown Label deployment, and managed services for banks, common control systems, and software solutions, including multi-vendor software solutions and other security and automation software solutions as well as remote monitoring for ATMs. Others - which include end-to-end financial cards issuance and management for banks and card personalization services For Fiscal 2021, the total currency throughput of the company, or the total value of the currency passing through all ATM and retail cash management businesses, amounted to 9,158.86 billion with 255,000 ATMs, across India. The public offer of CMS Info Systems comprises an offer for sale of equity shares aggregating up to Rs. 1,100 crores from existing shareholders. Read more

Check out some recent financials figures of the company:

How do I apply for the CMS Info Systems Limited IPO?

You can apply for the CMS Info Systems Limited IPO using any supported UPI app by following two steps:

• Enter your bid on rocket
• Accept UPI mandate on your phone

On acceptance of the mandate, the bid amount will get blocked in your bank account.