
Services · NSE / BSE
CMS Info Systems Limited is India's leading cash management company based on the number of ATM and retail pick-up points as of March 31, 2021. It provides end-to-end asset and technology management services for banks, financial institutions, organized retail, and e-commerce companies. The company operates in three main areas: cash management services, which include ATM cash replenishment and retail cash collection; managed services, offering banking automation products, control systems, and software solutions; and other services, such as financial card issuance and personalization for banks. As of August 31, 2021, CMS Info Systems has a network of 3,965 cash vans and 238 branches and offices, ensuring nationwide coverage across all states and union territories in India.
Price Band
₹205 – ₹216
Issue Size
₹1100 Cr
Lot Size
69 shares
GMP
-3.7%
Est. Listing
₹208
at current GMP
Subscribed
—
Open
21 Dec 2021
Close
23 Dec 2021
Allotment
28 Dec 2021
Refund
29 Dec 2021
Demat Credit
30 Dec 2021
Listing
31 Dec 2021
Last updated: 19 Oct 2026
Current Premium
Issue Price (Upper)
₹216
Band: ₹205 – ₹216
Estimated Listing Price
₹208
Upper price + GMP
Lot Size
69 shares
Min investment ₹14,904
Estimated Profit / Lot
₹0
69 × ₹-8
Grey Market Premium trend
-₹8
▲ 0 today
Updated 1 minute ago
| Date | GMP (₹) | GMP % | Est. Listing |
|---|---|---|---|
| 31 Oct 2026 | -₹8 | -3.7% | ₹208 |
| 30 Oct 2026 | -₹8 | -3.7% | ₹208 |
| 29 Oct 2026 | — | -3.3% | ₹209 |
GMP is unofficial market data. Not a guarantee of listing performance.
CMS Info Systems Limited is bringing an initial public offering (IPO) in the Services sector with an aggregate issue size of ₹1,100 Crores. The shares are offered at a price band of ₹205 to ₹216 per equity share on NSE and BSE. Currently, traders and retail applicants are calculating expected listing gains and break-even points based on unofficial grey market quotations.
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 69 shares (approx. ₹14,904 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Allotment reconciliation will be managed by Link Intime India Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2021-12-30, while un-allotted funds or UPI block mandates will be released on 2021-12-29.
The latest grey market premium for CMS Info Systems Limited IPO is ₹-8, which indicates an expected listing price of ₹208.
Kostak rate is the profit amount an investor earns by selling their entire IPO application in the grey market before allotment is finalized.
No. GMP is an unofficial indicator discovered between dealers outside of SEBI-regulated exchanges. Actual listing price is determined by demand-supply discovery on NSE/BSE during the pre-open auction.