CSM Technologies IPO

CSM Technologies IPO is listed on BSE and NSE, priced at ₹107–₹113 per share. The stock debuted at ₹113 with a flat listing performance. The IPO had a lot size of ₹132 shares and a minimum investment of ₹14,916.

CSM Technologies Limited IPO

Mainboard Listed
₹14,916 (132 Shares)
Minimum Investment
Check Allotment
IPO Dates
Jun 24, 2026 – Jun 29, 2026
Price band
₹107-113 per equity share
Minimum Investment
₹14,916
Issue size
₹145.78 Cr
Lot size
132
Allotment Date
Jun 30, 2026
Listing
Jul 2, 2026
Listing At
BSE, NSE

IPO timeline

  1. Jun 24, 2026

    Open Date

    Completed

  2. Jun 29, 2026

    Close Date

    Completed

  3. Jun 30, 2026

    Allotment Date

    Completed

  4. Jul 2, 2026

    Listing Date

    Completed

Price Summary

View GMP trend
Last closing
100.35 (-11.19%)
52 week high
113.00
52 week low
95.55
Last update

Unofficial pre-listing indicator

CSM Technologies IPO Final GMP Before Listing: ₹0

CSM Technologies IPO GMP history

CSM Technologies IPO's final recorded GMP before listing was ₹0 per share (level with the ₹113 upper price band). The shares listed at ₹113. GMP is unofficial and does not forecast or guarantee the actual listing price.

Final GMP
₹0
GMP percentage
0%
Upper price band
₹113
Listing price
₹113

During the recorded period, CSM Technologies IPO GMP ranged from ₹0 to ₹4.

CSM Technologies IPO GMP trend (day-wise) 6 observations
Day-wise recorded GMP observations for CSM Technologies IPO
Date & time GMP Change GMP % Indicative price
₹0 −₹2 0% ₹113
₹2 ₹0 2% ₹115
₹2 ₹0 2% ₹115
₹2 +₹2 2% ₹115
₹0 −₹4 0% ₹113
₹4 4% ₹117

CSM Technologies IPO Subscription Details

View Subscription Details
QIB 1.02x
Retail 1.62x
NIIs 1.54x
bHNI 1.65x
sHNI 1.33x
Retail 1.62x
EMP 1.82x
Total 1.36x

CSM Technologies IPO subscription status shows demand across QIB, NII, and retail categories, helping investors understand participation levels.

Last updated:

CSM Technologies IPO Essentials

CSM Technologies IPO Details

CSM Technologies IPO is priced at ₹107-113 per share with a total issue size of 145.78 crore. The IPO has a lot size of 132 shares and is listed on BSE and NSE.

Issue price
₹107-113 per equity share
Lot size
132 shares
Face value
₹10 Per Equity Share
Issue size
1,29,01,000 shares(agg. up to ₹145.78 Cr)
Total issue size
1,29,01,000 shares
(aggregating up to ₹145.78 crore)
Fresh issue
1,29,01,000 shares
(aggregating up to ₹145.78 crore)
Listing at
BSE, NSE
List price
113.0(NSE)
Listing date
Registrar
Kfin Technologies Limited
Lead manager
Keynote Financial Services Limited

Market Lot Size

Investors can bid for a minimum of 132 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Retail Investors and HNI in terms of shares and amount.

Application Lots Shares Amount
Retail (min) 1 132 ₹14,916
Retail(max) 13 1,716 ₹1,93,908
sHNI(min) 14 1,848 ₹2,08,824
sHNI(max) 67 8,844 ₹9,99,372
bHNI(min) 68 8,976 ₹10,14,288

CSM Technologies IPO Documents

CSM Technologies IPO Reservation

CSM Technologies IPO reservation details show category-wise allocation of shares. Out of the total 12901000 shares, approximately 35.78% are reserved for QIB, 14.85% for NII, 34.65% for retail investors, 1.01% for employees, and 13.72% for anchor investors.

Investor Category Shares Offered Maximum Allottees
Anchor Investor Shares Offered 1770120 (13.72%)
QIB Shares Offered 4615380 (35.78%)
NII (HNI) Shares Offered 1915650 (14.85%)
bHNI > ₹10L 1277100 (10.01%) 691
sHNI < ₹10L 638550 (5%) 346
Retail Shares Offered 4469850 (34.65%) 33,863
Employee Shares Offered 130000 (1.01%)
Total Shares Offered 12901000 (100%)

CSM Technologies IPO Analytics

CSM Technologies IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.

CSM Technologies IPO Subscription Status

CSM Technologies IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.

The IPO is currently subscribed 1.36x, indicating moderate demand across investor categories.

As on QIB
NII
bHNI
sHNI
Retail Total
Shares Offered / Reserved 46,15,380
19,15,650
12,77,100
6,38,550
44,69,850 1,11,30,880
Day 1 24-06-26 05:00 PM
0.00 x
0.53x
0.71x
0.17x
0.40 x 0.26 x
Day 2 25-06-26 05:00 PM
0.38 x
1.09x
1.42x
0.45x
0.75 x 0.66 x
Day 3 29-06-26 05:00 PM
1.02 x
1.54x
1.65x
1.33x
1.62 x 1.36 x
Total No. of Applications
bHNI sHNI Retail
45,515 (Approx) 0.09x 1.11x 1.3x

CSM Technologies Valuations

Earnings

EPS Pre IPO
₹3.64/-
EPS Post IPO
₹3.80/-
P/E Pre IPO
31.05
P/E Post IPO
29.75

Returns

ROE
23.75%
ROCE
24.40%
RoNW
16.54%
PAT Margin
8.80%

Fundamentals

Debt / Equity
0.86
Price / Book
4.92
Market Cap
₹583.12 Cr.

Data sourced from DRHP / RHP • For educational purposes only

CSM Technologies Financials( In Crs.)

31-Dec-25 31-Mar-25 31-Mar-24 31-Mar-23
Assets 206.00 154.55 124.45 80.02
Revenue 167.05 200.63 198.65 161.50
Profit After Tax 14.70 14.09 12.55 15.82
Net Worth 88.88 76.18 59.75 50.31
Reserves & Surplus 56.29 73.21 55.88 45.69

CSM Technologies Company & Offer Insights

About CSM Technologies

Incorporated in 1998, CSM Technologies is amongst those IT solution providers that have developed distinct projects not only for government but also for their own clients. Being an expert in GovTech, it offers services to the government as well as business organizations in the mining, agriculture, commerce, education, health, tourism, and public sectors.

The company has been in business for about 27 years, creating platforms and providing digital infrastructures for governments through being its trusted partner for years together. They have provided solutions that make work more efficient, support data-driven decision-making and provide citizen-centric services to citizens. The company also offers consulting and advisory services along with self-service technologies.

It operates in 12 countries, which include India, Ethiopia, Kenya, Rwanda, Gambia, Gabon, the USA, and Canada among others. The clients of CSM include governments, PSUs, development organizations, and businesses.

CSM Technologies Promoter(s)

Priyadarshi Pany, Lagna Panda are the company's promoters of CSM Technologies.

CSM Technologies IPO Issue Objectives

Funding working capital requirements of our Company - ₹56.00 Cr
Prepayment or repayment of all or a portion of certain outstanding borrowings availed by our Company - ₹22.63 Cr
Achieving inorganic growth through unidentified acquisitions and other strategic initiatives and general corporate purposes

CSM Technologies IPO - Anchor Investors

CSM Technologies Limited allotted 17,70,120 equity shares to 2 anchor investors at ₹113 per share on June 23, 2026. Nova Global Opportunities Fund PCC – Touchstone and Zeal Global Opportunities Fund each received an equal 50% allocation.

CSM Technologies IPO - Peers Comparison

P/B Ratio P/E Ratio RoNW Revenue(in Cr.)
CSM Technologies N/A N/A 18.49% 199
Trigyn Technologies N/A 14.58 1.59% 898
Allied Digital N/A 24.44 5.34% 807
Dev Information N/A 4.12 21.54% 170
Silver Touch N/A 11.91 16.60% 288

CSM Technologies IPO - Strengths and Risks

CSM Technologies IPO strengths and risks highlight key business factors, financial position, and market sentiment that may impact investor interest.

Strengths

Industry Expertise: Extensive experience in providing solutions for digital transformation and IT services within industries like governance, mining, agriculture, education, health care, tourism, and other industries.
Presence Across Multiple Geographies: Operations spread across many states in India as well as other countries like Africa, Canada, and USA.
High Barriers for Entry: Operating within an industry which demands capability to execute projects successfully, knowledge in the specific domain, regulatory requirements, and customer satisfaction makes entry difficult for competitors.

Risks

Project Tender and Execution Risk: The majority of projects undertaken by the company come from the tendering process. Lack of success in securing new tenders or executing projects on time may adversely impact the company's bottom line and prospects of growth in the future.
Regulatory Risk in Relation to Promoter Group Disclosures: The company has been seeking exemption from SEBI regarding disclosures relating to the promoter group of its shareholdings. Delay in obtaining any such exemption may become a regulatory challenge.
Government Contract Dependency Risk: The company faces the risk of disqualification, suspension, or blacklisting by government authorities. Any such action could restrict participation in government tenders and adversely affect business, cash flows, and reputation.

Contact Information

Contact Details

CSM Technologies

+91 674 6635900

secretarial@csm.tech

https://www.csm.tech

Plot No. E/56, Infocity-1, Chandrasekharpur, Dist. Khurda, Bhubaneswar, Odisha - 751024.

Registrar Contact Details

Kfin Technologies Limited

04067162222, 04079611000

csmtechnologies.ipo@kfintech.com

https://ipostatus.kfintech.com/

Frequently Asked Questions

Click any question to reveal the answer

CSM Technologies IPO is a book-built IPO worth ₹145.78 crore. The price band is ₹107–₹113 per share. The IPO opens on Jun 24, 2026 and closes on Jun 29, 2026. It will be listed on BSE and NSE. Kfin Technologies Limited is the registrar.

The price band of CSM Technologies IPO is ₹107 to ₹113 per share.

The lot size of CSM Technologies IPO is 132 shares.

The minimum investment for CSM Technologies IPO is approximately ₹14,916 based on the upper price band .

CSM Technologies IPO opens on Jun 24, 2026 and closes on Jun 29, 2026.

The allotment date of CSM Technologies IPO is Jun 30, 2026.

CSM Technologies IPO is expected to be listed on Jul 2, 2026, on BSE and NSE .

CSM Technologies IPO's final recorded GMP before listing was ₹0 per share (level with the ₹113 upper price band). The shares listed at ₹113. GMP is unofficial and does not forecast or guarantee the actual listing price.

CSM Technologies IPO listed on Jul 2, 2026. It was issued at ₹113.0(NSE) and is currently around ₹100.35 as on 10-Jul-2026 3:30 PM, which is approximately -11.2% versus issue price. The 52-week high is ₹113.00.

Based on listing and post-listing performance, CSM Technologies IPO delivered around -11.2% over issue price. Whether it was worth applying depends on your risk profile, allocation, and holding horizon.

To buy CSM Technologies IPO shares after listing, log in to your broker app (such as Zerodha, Angel One, Groww, Upstox, ICICI Direct), search the stock symbol, place a delivery/CNC order, and confirm quantity and price.

CSM Technologies IPO valuation snapshot: P/E 29.75, EPS ₹3.80/-, P/B 4.92, RoNW 16.54%, and market cap ₹583.12 Cr.

To apply for CSM Technologies IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.

You can check the live subscription status of CSM Technologies IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.

Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.

If you pre-apply for CSM Technologies IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.

You can check CSM Technologies IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the CSM Technologies IPO allotment status on IPO Ji for quick and easy access.