Cms Info Systems Share Price Target 2022 , 2023 , 2024 , 2025 & 2030

Cms Info Systems Share Price These securities were quoted on the National Stock Exchange (NSE) at Rs 220.20 per share, thus recording a 1.94% gain from the offer price of Rs 216.00, while on the BSE they opened at Rs 218.50, 1.16% above the issue price. … However, the stock rallied from its opening levels and within minutes hit a high of Rs 253.00 on both the BSE and NSE.

The initial sale of shares will be open by public subscription from 21 to 23 December. The placement for anchor investors will begin on December 20, the company said. CMS Info Systems was listed on the NSE at Rs 220 per share, almost 2% above the IPO price of Rs 216.

If investors want to invest 1 or 2 years in CMS Info Systems stock, then yes, you can accumulate stocks in a small number of sets to get an average return of 10 to 15% over the next few months. The company’s integrated business platform is supported by customized technology and process controls, enabling it to offer its customers a wide range of customized liquidity management solutions and managed services.

Cms Info Systems Share Price Target 2022 , 2023 , 2024 , 2025 & 2030

Cms Info Systems Share Price Target 2022 , 2023 , 2024 , 2025 & 2030

CMS Info Systems Limited IPO Dates, Price and Size

IPO Opening Date21-Dec-21
IPO Closing Date23-Dec-21
Issue TypeBook Built Issue IPO
Face ValueRs 10 per equity share
IPO Price bandRs 205 to Rs 216 per equity share
Lot Size69 Shares
Min Order Quantity69 Shares
Listing atBSE and NSE
Total Issue SizeRs.1100 Crores
    Fresh issue    Rs.0 Crores
    OFS    Rs.1100 Crores

If investors have a stock allocation in the IPO of the CMS information systems, then it is best to maintain a strict stop loss at 190 pips at the close, and new investors should enter CMS Info only if the stock closes at more than 230 pips at the time closing. If closed, the stop loss will be 212rs. The shares started trading at Rs 218.50, compared to an issue price of Rs 216 per share on the BSE, while they started the day at Rs 220.20 on the National Stock Exchange.

Most analysts have received an underwriting rating for this issue, as the company is a major player in the cash management system, has a solid foundation and a pan-Indian footprint with long-standing relationships with large banks. According to the management, the company SIS ltd is registered on the Indian stock exchange, which is a competitor of information systems CMS.

It operates in three segments: cash management, managed services, and others. Sion Investment, which acquired CMS in 2015, currently owns 100% of the company’s capital. Minutes after the listing, the stock reached 11.85% of its release price, hitting a fresh high of Rs 243.75.

Sumit said the ACC should be bought with cash around Rs 1,750 Rs 1,800 with a stop loss of Rs 1,650 and a target of Rs 2,100.

CMS Info Systems IPO dates for subscription, Allotment and Listing

Offer Open21-Dec-21
Offer close23-Dec-21
Finalization of Allotment28-Dec-21
Initiation of Refunds29-Dec-21
Credit to Demat Account30-Dec-21
IPO Shares Listing Date31-Dec-21

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