CMS Info Systems Limited IPO Message Board (Page 8)

Applied from 6 accounts for me
and
4 accounts for relatives

All UPI, will take decision later.

Issue ki demand future growth ke according raheti hai, Current me kitna bhi acha balance sheet ho agar future growth nahi rahega to investors investment avoid karege.

Finally Oversubscribed....

"Fully subscribed" is the better word for this IPO at 13:24 HRS

Latest GMP Showing 8 !!! :o
still not sure whether to apply or avoid.

Based on subscription figures, this looks like another PAYTM

Nothing will ever look like another PAYTM 😜

Patel sahab, it is now 1:15PM and please also consider the difference in the sizes of the two IPOs.

Sorry for this question here

But in medplus my amount got deducted from my account and also blocked in 1 upi application. What should I do now?

Ask bank and registrar regarding this. Those money blocked due to double mandate glitch will be possibly unblock after UPI mandate expiry.

You may contact your bank and registrar but feel there is no point in wasting your time as amount will get unblocked at expire of mandate.

No GMP suggests wait and watch till 2.30 PM on subscription figures..
Most of the ppl who give details on GMP are away from this.

Some who just don''t know actually how this will perform are just trying to show that this is huge IPO and it will list great and they have applied this much and that much lots so the listing is good and one should follow it.

This IPO had to be better but the lack of interest in it shows otherwise. Will wait till 2.45 PM and decide.

Sorry for this message here.

But in medplus the amount got deducted from my account and also blocked in upi mandate. What should I do now?

Ipo gurus plz reply

mandate will be unblocked...
dont worry

100 %avoid 100% OFS
none will go to company

Subscription would be bumper after 2.50 pm

In most IPOs, over 80% of HNI subscription is in by 2:50 PM. Would it be different for this one ? If so, why ?

With Pharmeasy IPO in the offing.......believe that Medplus is safer and more effective option to buy than entering into uncertainty of CMS.

applied in all 10 account in retail

I applied 3 lots from SBI, Link Intime. Now I will wait for allotment, listing and etc

3 lots in single application or 3 different applications with 1 lot each ?
subscription is moving very slow here surprisingly in QIB/HNI without any such reason for that. So i will be applying mostly via upi here for 1-2 retail applications if subscription doesn''t move as i said in my last message.

Just now booked my allotted 1 lot @77.7 due to some liquidity crunch.
All the best for those who are still holding! Few UC''s can''t be ruled out from here:)

Thanks!

@krishnaji wrong ipo page. Congrats though on your allotment in nupur

I have seen this company''s vans filling money in ATMs.

Should be a good company. Is there any other as well?

Applied 6 UPI applications, acceptance of the mandate will depend on after math of issue closing.
😅

Sir in medplus the amount got deducted from my account and also blocked in upi mandate. What should I do now?

It would be next Gland Pharma. 6 months target 500.

It deals in "Cash" as a product. Whereas in today''s world, everything is paid digitally. Even if Covid goes away, people are used to digital payments, even for Rs. 5 biscuit. Unless they expand on the digital side, not sure how the company will profit bug time.
Regards
A newbie who relies on others for tips. :)

Well, partly true for some highly digital savvy individuals but some widely published reports still suggest Cash is King with cash in circulation continues to increase:

https://www.moneycontrol.com/news/trends/current-affairs-trends/despite-uptick-in-digital-payments-india-continues-to-be-a-cash-based-economy-6770501.html

https://www.thehindubusinessline.com/money-and-banking/cash-is-still-king-as-digital-divide-between-bharat-and-india-continues/article37193912.ece

Indian economy will always have cash. post demonetisation, cash component has increased much beyond pre demonetisation levels.
So howsoever digital may grow, cash will continue to expand as well

Going through relevant aspects, I am confident of its future performance. This is the only IPO which has come this year but immune from any charge like high price, loss making company, etc. etc. It is visibly a very good company.
I shall apply maybe for listing time play or long term as well.

Better to buy after listing. It seems very less listing gain (might be listed in discount too)