CSM Technologies IPO Day 3: Check GMP, Subscription Status & Key Highlights

The ₹145.78 crore CSM Technologies IPO has entered its final day of bidding today, June 29, 2026. The issue is being offered at a price band of ₹107 to ₹113 per share. The IPO has been subscribed 0.81 times as of 11:15 AM on Day 3. In the grey market, the IPO is commanding a premium of ₹4 per share. 

The public issue will close for subscription on June 29, 2026. The basis of allotment is expected to be finalised on June 30, 2026, while the company's shares are tentatively slated to debut on the BSE and NSE 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:

Note: The allotment and listing dates are tentative and may be revised.

CSM Technologies IPO Day 3 Subscription Status

[June 29, 2026, 11:15 AM]

CSM Technologies IPO GMP Today

According to media reports, the CSM Technologies IPO is commanding a Grey Market Premium (GMP) of ₹4 per share.

About CSM Technologies Limited

Founded in 1998, CSM Technologies Limited is a GovTech and digital transformation company with over 27 years of experience in developing e-governance platforms and digital public infrastructure. The company serves government agencies and enterprises across sectors such as agriculture, education, healthcare, mining, and public administration, with a presence across 12 countries.

CSM Technologies has delivered several large-scale digital initiatives, including farmer service platforms, education management systems, grievance redressal solutions, and single-window investor clearance portals. Its technology-driven solutions are designed to improve governance, enhance operational efficiency, and strengthen public service delivery through digital innovation.

Key Financial Highlights 

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