Shares of CMS Info Systems will note on the bourses on December 31Cash management company CMS Information's shares would be listed on the bourses tomorrow, December 31.

In the grey market, the company's shares though were trading flat at Rs 10 (4.6 percent premium over the problem price, which according to specialists may not lead to an outstanding launching at the stock exchanges.The business's shares will list both on the nationwide stock market as well as on the Bombay stock exchange.The preliminary public deal (IPO) of CMS Info Systems was subscribed 1.95 times during December 21-23.

The portion for retail financiers was scheduled 2.15 times and the quota for certified institutional buyers saw 1.98 times subscription.

Non-institutional investors bid for 1.45 times the shares reserved for them.The Rs 1,100 crore IPO was a complete market by the promoter Sion Financial investment Holdings, an affiliate of Baring Private Equity Asia, at Rs 216 per share.CMS Details Systems is said to be the country's largest cash management company in regards to variety of ATM points and the variety of retail pick-up points as of March 2021.