CMS Info Systems Limited IPO Message Board (Page 7)

premium ( -10 )

@ Chalak Lomdi, is there a buyer at -10 or is it a sellers'' only market ?

I am also going to apply with a single application in NII category.
Quantity to be applied will be decided at 2.30 PM.

I am positive of the company and do not know the reason as to why it is not favoured by the market participants. May be some negatives in their knowledge, which I do not know.

Appears to be fully priced, comparing to SIS, listed entity,

Company EPS PE RoNW Present Rate
(March,21)
SIS Limited 24.85 18.83 20.06 451
CMS 11.39 18.96 17.12 216

Prima-facie, it appears that it is better to go for SIS, rather applying for this issue, Now, little bit confusion. I will take a call at 2.30 PM.

I will apply for listing gain only .

@psr SIS ltd is not the right peer of CMS. sis is more into security services segment whereas cms is more into cash management services and managed services segment.
The right peer is AGS transact technologies which is also coming up with an IPO after cms. Currently ags trades at a PE of 35+ but i really wouldn''t take the unlisted price at face value.
Conclusion - There is no listed peer of CMS which can provide just and fair comparison.

Thank you Mr. MOG

CMS itself is listed the SIS as one of its peer.
There may be some similar activities, but full details are not known to me.
Any how the information(except market rate) posted by me is adopted from RHP filed by CMS

@psr Yes sir cms itself has considered sis as peer because it is the only listed company in the same sector, although in a different segment.

I''m new to investing, I would be grateful if you could help me understand this a bit

- How do you apply through multiple accounts? do you use banks? broker app?
- Where do you have the Demat account for all these? Lately brokers ask for video KYC, You will have to pay Account maintenance fees every year for all accounts, is it not?

Thank you, any reply would be nice :)

@ Lokesh Giri, the multiple accounts all have to be in the names of different individuals/entities with distinct PAN numbers. The ones applying from multiple accounts are using those of family and friends. One person cannot submit more than one retail application irrespective of the number of accounts he or she has.

If i will apply from from my 8 accounts then how many allotment i will receive??

Anchal ji, how much discount are you willing to sell at ?

As I can see 30 RS GMP, and 69 qty of shares expecting 1500 SS.

i am buying in ( - 2000 ) rs. you can sell me.... it will save your 2000 loss. socho ager 5k ka loss gaya to !!

4.30pm

@Adesh... are you sure that HNI cutoff time from ICICIBank is 4:30pm ?

In practice, you wont be able to apply after 3PM for HNI. For retail, it is until 4:30PM.

@avenue: do u really think that HNI cut off time can be 4.30pm anywhere in india ? ;) :)
its 4pm from exchanges itself so no one can provide time after that in HNI. No need to be re-think even.

@ Adesh jain:
1) Are you sure? Some of my HNI applications submitted through ICICI BANK ASBA after 3 pm got rejected with the remarks “Issue is already closed”. The RII applications are only getting accepted up to 4.30 pm. Please reconcile and confirm your reply duly indicating the name of the IPO which was accepted up to 4.30 pm under HNI.
2) Please give your reply without fail as some other members have also refuted your comment.

we''ll check on ICICI website and you will come to know. I have applied in HNI as late as 3.45pm myself in Supriya. wish I could send the screenshot of the page showing 4.30 as cutoff time for applications and they do not make distinction between hni and retail.
well, maybe if 4 is deadline then hni may be till 4pm but the site does not state so.
And ofcourse SME appl are till 3pm

I have also had HNI application rejected after 3PM. My relationship manager also told me that that is the cut-off time, though it is not mentioned on the website anywhere. If you have applied before 3PM, you have the option to upsize after that.

Thanks for the responses.

well, i will certainly try in CMS and post here. if i recall correctly in Supriya I did apply post 3, but maybe it was a little before 3 now that you are so sure.
But since I most likely will not apply in HNI in CMS, I will check post 3 and get back.
in the meanwhile, request those having ICICI account to pls apply in HNI till 3pm and retail by 4.30pm

looks like a confusing ipo from hni point of view. No direct listed peers but valuation looks reasonable.

I think many people specially retails will apply in this IPO because lot size is of 69. 69 is favorite number of many people.

@MOG

Avoiding this in HNI as no high conviction plus thin GMP which will vanish in all probability. Will decide about retail on the last day. Better opportunities in the secondary mkt may present themselves rather than locking up HNI funds in this.

I am considering FF in this one. Let''s see...its benignly priced and I see value in the business for the long term. Is IPO or the secondary market the best chance to buy it the cheapest is the only consideration for me.

@neolongus Fundamentally speaking the company is very attractively priced. I am also confused regarding primary and secondary market....will decide on the last day if hni app is worth it.

69 is Fav number for the VIP/HNI in Squid Game As well....
# offtopic

Anyone aware about HNI funding for this ipo ? @nimit @M.K or anyone ?
Is funding happening? Any info about self funded HNI coming tomorrow?
I will apply tomorrow as per subscription, i know it can deceive but probably won''t go down much after listing like rategain etc, if good subscription numbers. And retail application will anyways have better chances for allotment.

@lokes
JM has opened funding books but with a very high margin. For perspective it is 20x for this ipo where as for mapmyindia it was 0.3x
Waiting for bajaj

Thanks

Market has stablized a lot during last 2 days and covered a good part of losses. Global sentiments have also improved considerably. Christmas holiday is a concern for subscription but I still feel this issue will have good to excellent response. Planning to go FF with funds I have. As everybody else I will take call tomorrow seeing all IPOs subscription figures and Listings. I would not like to leave the most prabable last IPOs of 2021...

Will decide on last day subscription.
It''s getting very riskier and lot of uncertainty now a days.
Also this one in particular seems bit riskier bet.

@lokes No calls being made by the funding people. Its safe to assume that this IPO is not on their list. Funding is anyways provided for the very highly subscribed ipos with a high GMP, else it becomes risky for the Nbfc and if low leverage is provided, then it is not beneficial for HNI applicant.

@ CSK @ Rocky bhai. Every thing looks gud in this ipo from fundamental to valuation, business model, balane sheet n even for long term view.. But these second day figures r scary.. and don''t encourage me to play a bet on it, When in times i already buried my few bucks in Rategain.. I would b very very selective n careful..

I guess the timing of this ipo playing a crucial role behind this dull response.. people already got terrified by money burning listing of Rategain, metro and Sp.. In short high percentage of investor lobby who love listing gain.. don''t want to play that risky bet at d end of year.
But somewhere i feel it can surprise on listing.. in positive term. Its been a long time we r repeating same name of sona, Lodha, barbeque, angel.. This one can b a newcomer in that list.
(Only my views, not recommending)

@Noorul Ji Thanks for your reply.

@ Noorul booked loss in Rategain or still Holding?

It Showing Strenght after back to back Rally in few session. Weak players are out.

@Amit ji.. with so much negativity all around.. and market was behaving like its going to b penny stock in few days.. I was bit confident about script but still couldn''t stop myself hence booked loss 2nd day..