The initial public offering (IPO) subscription of CMS Info Systems Limited closed last week on December 23. The issue opened on December 21 and received 1.95 times subscription on the final day of bid. The subscribers who invested in the CMS IPO shares should note that the allotment date for the same has been fixed for December 28, that is Tuesday, if all goes well. The company is looking to mop up around ₹1,100 crore through its initial public offering, with 5.093 – 5.366 crore shares up for sale. The CMS Info IPO GMP (grey market premium) is hovering around the ₹5 mark, as per market observers.
As per the data provided by National Stock Exchange, the IPO was subscribed for 7,32,71,721 shares against 3,75,60,975 shares on offer. The shares reserved for retail investors were subscribed 2.15 times, while shares reserved for non institutional investors received 1.45 times bids and Qualified Institutional Buyers (QIBs) were subscribed 1.98 times. CMS Info Systems IPO listing date is likely to be December 31, 2021. The shares are expected to list on stock exchanges BSE and NSE.
Know how you can check CMS Info Systems IPO share allotment status. The allotment status can be checked by visiting the official website of BSE or the registrar of the IPO that is Link Intime India Private Limited. Here are the simple and easy steps to do the same
Step 1: Visit the official website of BSE or simply click on the link- bseindia.com/investors/appli_check.aspx.
Step 2: Select the name of the company- CMS Info Systems IPO (from the dropbox) once the allotment status is finalised.
Step 3: Provide your IPO application number and enter your PAN card details.
Step 4: Verify the captcha and submit the details. The IPO allotment status will be released.
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