CSM Technologies IPO
CSM Technologies IPO
Overview
CSM Technologies IPO is a book build issue of ₹145.78 crores. The issue is entirely a fresh issue of 1.29 crore shares of ₹145.78 crore. CSM Technologies IPO opens for subscription on Jun 24, 2026 and closes on Jun 29, 2026. The allotment for the CSM Technologies IPO is expected to be finalized on Jun 30, 2026. CSM Technologies IPO will list on NSE and BSE with a tentative listing date fixed as Jul 2, 2026. CSM Technologies IPO is set issue price band at ₹107 to ₹113 per share. The lot size for an application is 132 shares. The minimum amount of investment required by an individual investor (retail) is ₹14,916 (132 shares) (based on upper price). The lot size investment for sNII is 14 lots (1,848 shares), amounting to ₹2,08,824, and for bNII, it is 68 lots (8,976 shares), amounting to ₹10,14,288. Keynote Financial Services Ltd. is the book running lead manager and Kfin Technologies Ltd. is the registrar of the issue.
Total Shares
1,29,01,000
Issue Size
₹146 Cr
Price Band
₹107 – ₹113
Lot Size
132 shares
Min. Investment
₹14,916
Max. Investment
₹1,93,908
Open Date
24 Jun, 2026
Close Date
29 Jun, 2026
Allotment
30 Jun, 2026
Listing
02 Jul, 2026
Max. Investment
₹1,93,908
Announced
24 Jun, 2026
Opening Date
24 Jun, 2026
Closing Date
29 Jun, 2026
Basis of Allotment
30 Jun, 2026
Initiation of Refunds
01 Jul, 2026
Credit of Shares
01 Jul, 2026
Listing Date
02 Jul, 2026
Live GMP
Est. Listing: ₹117
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About CSM Technologies IPO
Incorporated in 1998, CSM Technologies is one of the few IT solution providers that have delivered unique projects for both government and private clients. It specializes in GovTech and digital transformation, offering solutions across sectors like mining, agriculture, trade, education, healthcare, tourism, and public services.
The company has 27 years of experience in building e-governance platforms and digital infrastructure, working as long-term partners for government agencies. Its
CSM Technologies IPO Share Price
Issue Breakdown
Shareholding
Dilution: 33.3% increase in shares
CSM Technologies IPO Financial Health
CSM Technologies IPO Lot Size
Investors can bid for a minimum of 132 shares and in multiples thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 132 | ₹14,916 |
| Retail (Max) | 13 | 1716 | ₹1,93,908 |
| S-HNI (Min) | 14 | 1848 | ₹2,08,824 |
| S-HNI (Max) | 67 | 8844 | ₹9,99,372 |
| B-HNI (Min) | 68 | 8976 | ₹10,14,288 |
(All values in CR)
CSM Technologies IPO Valuations
| Metric | Value |
|---|---|
| ROE | 23.75 |
| ROCE | 24.40 |
| Debt/Equity | 0.86 |
| RoNW | 16.54 |
| PAT Margin | 8.80 |
| EBITDA Margin | 18.16 |
| Price to Book Value | 4.92 |
(All values in CR)
CSM Technologies IPO Strength & Risk
CSM Technologies IPO Strengths
- Established player in the e-governance and digital transformation solutions sector.
- Strong presence across government, public sector, and enterprise technology projects.
- Diverse service portfolio including software development, consulting, cloud, analytics, and digital platforms.
- Long-standing client relationships with recurring business opportunities.
- Benefits from increasing government spending on digitization and technology modernization.
- Experienced management team with domain expertise in technology services.
- Asset-light business model with scalability and operating leverage potential.
- Growing demand for digital governance, automation, and data-driven solutions supports future growth.
CSM Technologies IPO Risks
- Significant dependence on government and public sector contracts.
- Delays in project execution or approvals may affect revenue recognition.
- Intense competition from large IT services and technology consulting firms.
- Client concentration risk if a major customer reduces spending or terminates contracts.
- Rapid technological changes require continuous investment in innovation and talent.
- Revenue may be impacted by changes in government policies, budgets, or procurement processes.
- Dependence on skilled professionals makes employee retention critical.
- Cybersecurity incidents or technology failures could affect business operations and reputation.
CSM Technologies IPO GMP
CSM Technologies IPO last GMP is ₹4, last updated Jun 20th 2026 04:37 PM. With the price band of 113.00, CSM Technologies IPO's estimated listing price is ₹117 (cap price + today's GMP).The expected percentage gain/loss per share is 3.54%. >> CSM Technologies IPO Retail Subject to Sauda: ₹400 >> CSM Technologies IPO Small HNI Subject to Sauda: ₹5600 The lowest GMP is ₹0.00, while the highest GMP is ₹4.00.
Last updated 20 Jun, 2026 · Source: aggregated grey-market dealers
| Date | IPO Price | GMP | Sub2 Sauda | Est. Listing | Est. Profit | Updated |
|---|---|---|---|---|---|---|
| 20 Jun, 2026 | 113 | ₹4 | - | ₹117 (3.54%) | 528 | 20 Jun, 2026 |
| 19 Jun, 2026 | 113 | ₹4▲ | - | ₹117 (3.54%) | 528 | 19 Jun, 2026 |
| 18 Jun, 2026 | 113 | ₹0 | - | ₹113 (0.00%) | - | 18 Jun, 2026 |
Disclaimer: GMP is an unofficial signal from grey-market dealers and is not regulated by SEBI. Use it alongside subscription data and other research for informed decision-making.
How to Apply for CSM Technologies IPO
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Find CSM Technologies IPO under the IPO section. Select it and enter your bid details — choose lot size and price (cut-off price recommended).
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Application Confirmed
Your funds will be blocked in your account until the IPO allotment process is completed.