CMS Info Systems IPO subscribed 40% on day 1, retail portion booked 79%

CMS Info Systems IPO subscribed 40% on day 1, retail portion booked 79% CMS Info Systems IPO | Considering the fact that the entire issue is offer for sale, which means existing promoters are selling their stake and no money will come into the company for its business need, “it makes us a little uncomfortable about the reason and timing for the issue,” said KRChoksey.