News > CMS Info Systems shares list at Rs 220 over issue price of Rs 216
CMS Info Systems shares list at Rs 220 over issue price of Rs 216
Times of India | 31/12/2021 11:02 AM | Click to read full article
Cash management company CMS Info Systems saw a muted listing after a lower-than-expected IPO subscription and soured investor sentiment due to rising Omicron cases. The stock opened at a 2 percent premium on December 31.
CMS Info Systems' public issue was sized at Rs 1,100 crore and was entirely an offer for sale by promoter Sion Investment Holdings.