On December 23, CMS Info Systems Limited’s initial public offering (IPO) was subscribed 1.95 times on the last day of subscription closed. On offer, the initial share sale received bids for 7,32,71,721 shares against 3,75,60,975 shares.

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The share allotment was finalised, and the company’s shares listing is expected to debut market through stock exchanges BSE and NSE on December 31, 2021. As per market reports, CMS Info Systems shares are available at a premium (GMP) of Rs 5 in the grey market.