ADVERTISEMENT

CMS Info Systems IPO - Investment Rationale, Growth Strategies, Financials, Key Risks, Concerns: KRChoksey

CMS Info Systems IPO - Investment Rationale, Growth Strategies, Financials, Key Risks, Concerns: KRChoksey



An attendant helps a customer use an ATM machine outside a Citibank branch in Mumbai, India (Photographer: Vivek Prakash/Bloomberg)
An attendant helps a customer use an ATM machine outside a Citibank branch in Mumbai, India (Photographer: Vivek Prakash/Bloomberg)

BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.

KRChoksey Research's IPO Report

CMS Info Systems Ltd. is India's largest cash management company in terms of number of automated teller machine points and the number of retail pick-up points as of March 31, 2021.

It is also one of the largest ATM cash management companies worldwide based on the number of ATM points as of FY21.

During FY21, its total currency throughput, or the total value of the currency passing through all of its ATM and retail cash management businesses, amounted to Rs 9,158.86 billion.

CMS Info Systems' business includes installing, maintaining and managing assets and technology solutions on an end-to-end outsourced basis for banks under long term contracts.

Click on the attachment to read the full IPO report:

KRChoksey CMS Info Systems IPO Note.pdf

DISCLAIMER

This report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BloombergQuint.

Users have no license to copy, modify, or distribute the content without permission of the Original Owner.