i. Shyamala Gopinath, is the Chairperson of the Company and an Independent Director of the Company. She has been associated with the Company since November 13, 2017. She holds a master’s degree in commerce from the University of Mysore. She is a certified associate member of the Indian Institute of Bankers and an honorary fellow of the Indian Institute of Banking and Finance. In the past, she has served as the Deputy Governor of the RBI, chairperson of the advisory board on Bank, Commercial and Financial Frauds and part-time non-executive director of HDFC Bank Limited. Currently, she is a director on the board of several companies including Colgate Palmolive (India) Limited, CRISIL Limited, CRISIL Ratings Limited and Grassroot Trading Network for Women. She is associated with Indian Institute of Management, Raipur as the chairperson of the board of governors, Research and Information System for Developing Countries as a member and Sanitation and Advisory Council of India Sanitation Coalition as a member of finance. ii. Rajiv Kaul, is the Executive Vice Chairman, Whole Time Director and CEO of the Company. He has been associated with the Company since July 1, 2009. He is currently heading the Company and is responsible for the overall management of the Company. He holds a bachelor’s degree in engineering specialising in computer science from Birla Institute of Technology, Mesra and a post-graduate diploma in business management specialising in marketing and finance, from XLRI - Xavier School of Management, Jamshedpur. He has over 24 years of experience across technology, private equity and cash management industry. Prior to his association with the Company, he was associated with Actis Capital LLP, London as a partner and with Microsoft Corporation (India) Private Limited in the capacity of general manager and managing director, India from where he moved to Redmond, USA as senior director of emerging markets including BRIC. iii. Jimmy Lachmandas Mahtani, is a Non-Executive Director of the Company. He has been associated with the Company since August 27, 2015. He holds a bachelor’s degree in science in business administration, triple major in finance, marketing and international business from Georgetown University. He has over 21 years of experience in private equity and investment banking. He has been associated with Baring Private Equity Asia (BPEA) since 2006 and currently serves as a managing director of private equity investment team in India. Prior to BPEA, he was associated with General Atlantic Partners (Mumbai) in the capacity of a vice president.

As per RHP, CMS has shown SIS Ltd. as its listed peer. It is currently trading at a P/E of 60x.

Review and Recommendation of CMS Infosystem by InvestorZone is 3/10 1. Company deals with management of ATMs around the country and cash-management service.  2. Revenue has grown from 1146 Crores to 1300 Crores in the last 3 years.  3. PAT has grown from 96 Crores to 168 Crores in the last 3 years. 4. EPS (FY21) = 11, P/E = 20x 5. Total Outstanding Shares = 14.8 Crores, Mcap = 3100 Crores 6. ATM and Cash business is slowly getting reduced in the economy with the advent of UPI in the last 3 years. So, that is one negative point for the company.

CMS Info Systems Limited T-151, 5th Floor, Sector-11, Tower No. 10 Railway Station Complex, CBD Belapur, Navi Mumbai, Thane – 400614 Phone: +91 22 4889 7400 Email: cms.ipo@cms.com Website: http://www.cms.com/