CMS Info Systems IPO subscribed 1.95 times on last day of offer

CMS Info Systems had priced its IPO between Rs 205 and Rs 216 per equity share

Sundar Sethuraman Mumbai
IPO, shares, company, firms, market

The initial public offering (IPO) of CMS Info Systems was subscribed 1.95x on Thursday — the concluding day of the issue. The institutional portion was subscribed nearly 2x.
The portion reserved for wealthy investors was subscribed 1.45x; the retail portion 2.15x.
On Monday, the company raised Rs 330 crore from anchor investors. Goldman Sachs, Nomura, and BNP Paribas were among the investors who participated in the anchor allotment.

Also Read

Cash will always grow, is linked to economic growth: CMS Info Systems chief

CMS Info Systems IPO subscribed 42% on first day of the issue

CMS Info Systems subscribed 52%, Asianet files for Rs 765-crore IPO

Policybazaar raises Rs 2,569 cr from anchor investors at Rs 980 per share

Decoded: Who are anchor investors and what role do they play in IPOs?

Healthy debut for MedPlus Health Services: Ends session at 41% premium

Equity MFs mop up Rs 46,700 crore through new fund offers in 2021

Indices extend gains for third day as Omicron variant worries recede

Medplus Health Services shares jump nearly 41% in debut trade

Markets rally: Investors richer by over Rs 8.58 trn in 3 days

First Published: Dec 23 2021 | 9:10 PM IST

Explore News

To read the full story, subscribe to BS Premium now, at just Rs 249/ month.

Key stories on are available only to BS Premium subscribers. Already a BS Premium subscriber?LOGIN NOW

Register to