CSM Technologies IPO Day 1: Check GMP, Subscription Status & Key Highlights
The ₹145.78 crore CSM Technologies IPO opened for subscription today, June 24, 2026, with a price band of ₹107-₹113 per share. As of 10:40 AM on Day 1, the issue was subscribed 0.06 times, while the Grey Market Premium (GMP) stood at around 4% over the issue price.
The issue will remain open until June 29, 2026. The basis of allotment is expected to be finalised on June 30, 2026, and the shares are tentatively scheduled to list on the NSE and BSE on July 2, 2026.
CSM Technologies IPO - Issue Details
- Issue Type: Book Building IPO (Fresh Issue Only)
- Total Issue Size: Up to ₹145.78 crore
- Fresh Issue: Up to 1.29 crore shares
- Face Value: ₹ 10 per equity share
- Price Band: ₹107 to ₹113 per share
- Lot Size: 132 shares
- Listing: NSE, BSE
- Book Building Lead Manager: Keynote Financial Services Limited.
- Registrar: KFin Technologies Limited
Explore other Upcoming IPOs on BSE and NSE.
Utilisation of IPO Proceeds
The company intends to utilise the net proceeds from the fresh issue towards:
- Funding the company’s working capital requirements.
- Prepayment or repayment of all or a portion of certain outstanding borrowings availed by the Company.
- Achieving inorganic growth through unidentified acquisitions and other strategic initiatives.
- General corporate purposes
CSM Technologies IPO Timeline (Tentative)
The expected IPO schedule is as follows:
|
Event |
Date |
|
Subscription Opening Date |
24 June 2026 |
|
Subscription Closing Date |
29 June 2026 |
|
Allotment Date |
30 June 2026 |
|
Refund Date |
1 July 2026 |
|
Credit of Shares |
1 July 2026 |
|
Listing on BSE and NSE |
2 July 2026 |
Note: The allotment and listing dates are tentative and may be revised.
CSM Technologies IPO Day 1 Subscription Status
[June 24, 2026, 10:40 AM]
|
Category |
Subscription (x) |
|
Qualified Institutional Buyers (QIBs) |
0.00 |
|
Non-Institutional Investors (NIIs) |
0.05x |
|
Retail Individual Investors (RIIs) |
0.12x |
|
Total |
0.06x |
CSM Technologies IPO GMP Today
According to media reports, the CSM Technologies IPO was commanding a Grey Market Premium (GMP) of around 4% over its issue price.
About CSM Technologies Limited
Incorporated in 1998, CSM Technologies Limited is a GovTech and digital transformation solutions provider with over 27 years of experience in developing e-governance platforms and digital infrastructure. It serves government and enterprise clients across sectors such as agriculture, education, healthcare, mining, and public services, with operations in 12 countries.
The company has delivered several large-scale digital public infrastructure projects, including farmer service platforms, education management systems, grievance redressal solutions, and single-window investor facilitation portals. Its technology solutions help improve governance, operational efficiency, and citizen service delivery through data-driven decision-making.
|
Particulars |
FY25 (in ₹ crore) |
FY24 (in ₹ crore) |
FY23 (in ₹ crore) |
|
Revenue from Operations |
199.24 |
196.71 |
160.43 |
|
Profit After Tax |
14.09 |
12.55 |
15.82 |
|
EBITDA |
29.27 |
23.71 |
27.87 |
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