CMS Info Systems Limited IPO GMP : CMS IPO Quote, Date, Price

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

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