Bookbuilding FPO | ₹190 Cr | Listed at BSE, NSE | Mon, Feb 23, 2004 - Sat, Feb 28, 2004

CMC IPO is a book build issue of ₹190.44 crores. The issue is entirely an offer for sale of 0.40 crore shares of ₹190.44 crore.
CMC IPO bidding started from Feb 23, 2004 and ended on Feb 28, 2004.
CMC IPO is set final issue price at ₹485 per share.
HSBC Securities & Capital Markets (India) Pvt.Ltd. is the book running lead manager and MCS Share Transfer Agent Ltd. is the registrar of the issue.
Refer to for detailed Information.
FPO Open
Mon, Feb 23, 2004
FPO Close
Sat, Feb 28, 2004
Issue Price
₹485 per share
Market Cap (Pre-IPO)
₹734.77 Cr
| IPO Date | 23 to 28 Feb, 2004 |
| Listed on | Tue, Mar 16, 2004 |
| Face Value | ₹10 per share |
| Price Band | ₹485 to ₹485 |
| Issue Price | ₹485 per share |
| Lot Size | |
| Sale Type | OFS only |
| Issue Type | Bookbuilding FPO |
| Listing At | BSE, NSE |
| Retail Discount | Rs 24.25 per share |
| Total Issue Size | 39,76,374 shares (agg. up to ₹190 Cr) |
| Offer for Sale | 39,76,374 shares of ₹10 (agg. up to ₹190 Cr) |
| Share Holding Pre Issue | 1,51,50,000 shares |
| Share Holding Post Issue | 1,51,50,000 shares |
| BSE Script Code / NSE Symbol | / |
| ISIN |
CMC IPO comprises a total issue size of 39,76,374 shares. Out of which, 19,88,186 (50.00%) are allocated to QIB, 9,94,094 (25.00%) allocated to NII 9,94,094 (25.00%) allocated to RII.
| Investor Category | Shares Offered | % of Total Issue |
|---|---|---|
| QIB Shares Offered | 19,88,186 | 50.00% |
| NII (HNI) Shares Offered | 9,94,094 | 25.00% |
| Retail Shares Offered | 9,94,094 | 25.00% |
| Total Shares Offered | 39,76,374 | 100.00% |
Incorporated in 1975, CMC Ltd. was a hardware maintenance company. It evolved into an IT solutions and systems integration provider.
CMC gained national recognition for designing and deploying the Indian Railways' Integrated Multi-train Passenger Reservation System (IMPRESS) in 1985.
The company built and launched India's first public nationwide computer network in 1985.
It became part of the Tata Group in 2001, when the Government of India sold it to TCS.
| Period Ended | 31 Dec 2003 | 31 Mar 2003 | 31 Mar 2002 | 31 Mar 2001 |
|---|---|---|---|---|
| Assets | 499.09 | 468.87 | 367.25 | 363.40 |
| Total Income | 544.93 | 614.73 | 560.08 | 552.61 |
| Profit After Tax | 27.45 | 37.05 | 30.26 | 23.97 |
| NET Worth | 149.60 | 122.43 | 92.78 | 68.55 |
| Reserves and Surplus | 134.45 | 107.28 | 77.63 | 53.40 |
| Amount in ₹ Crore | ||||
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Four Soft Ltd. | Mainboard | ₹20.23 Cr | ₹25 | null | ₹26.60 | +6.40% | ₹59.90 (+1.02%) |
| Patni Computer Systems Ltd. | Mainboard | ₹431.00 Cr | ₹230 | null | ₹232.10 | +0.91% | (+0.00%) |
| KPI | Mar 31, 2003 |
|---|---|
| RoNW | 30.26% |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (₹) | 24.46 | 24.16 |
| P/E (x) | 19.83 | 20.07 |
| Promoter Holding | 51.32% | 51.32% |
| Market Cap | ₹734.77 Cr. |
The CMC IPO IPO subscription status. Full data available on IPOMatrix.com.
| Category | Subscription (times) | Shares Offered | Shares bid for | |
|---|---|---|---|---|
| Total | 9.60 | 39,76,374 | 3,81,84,510 | |
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Fees payable to the BRLMs, Syndicate Member other advisors to the Offer, fees of Legal Advisors to the Offer and Auditors, stamp duty, printing, publication, advertising and distribution expenses, bank charges, depositories charges, fees payable to the Registrar to the Offer and other miscellaneous expenses | |
| Total | 0.00 |
| Price Details |
|---|
| Final Issue Price |
| Open |
| Low |
| High |
| Last Trade |
Lead Manager Reports
CMC IPO is a main-board FPO of 39,76,374 equity shares of the face value of ₹10 aggregating up to ₹190 Crores. The issue is priced at ₹485 per share. The minimum order quantity is .
The FPO opens on Mon, Feb 23, 2004, and closes on Sat, Feb 28, 2004.
MCS Share Transfer Agent Ltd. is the registrar for the FPO. The shares are proposed to be listed on BSE, NSE.
Zerodha customers can apply online in CMC IPO using UPI as a payment gateway. Zerodha customers can apply in CMC IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in CMC IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The CMC IPO opens on Mon, Feb 23, 2004 and closes on Sat, Feb 28, 2004.
CMC IPO lot size and the minimum order quantity is not available at this time. Please check again later.
You can apply in CMC IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for CMC IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the CMC IPO allotment status.
The CMC IPO listing date is on .