CMS Info IPO sails through - growmudra

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CMS Info IPO sails through

24 Dec , 2021 By : monika singh

CMS Info IPO sails through

Mumbai: The ?1,100-crore initial public offer of cash management company CMS Info Systems managed to sail through on the third and final day of the bidding process on Thursday with a subscription of 1.95 times. The retail investors' portion was subscribed 2.15 times, the institutional quota 1.45 times and high net worth individuals was subscribed 1.98 times.

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