CSM Technologies IPO to Open on June 24: Price Band, Issue Size, Timeline & Key Details
CSM Technologies Limited is set to launch its IPO for public subscription on 24 June 2026, with the issue closing on 29 June 2026. The ₹145.78 crore book-built issue is entirely a fresh issue of up to 1.29 crore equity shares.
The allotment is expected to be finalised on 30 June 2026, while the company's shares are tentatively scheduled to list on both the BSE and NSE on 2 July 2026.
CSM Technologies IPO - Issue Details
As per the RHP,
- 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 Managers: Keynote Financial Services Limited.
- Registrar: KFin Technologies Limited
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.
Explore other Upcoming IPOs on BSE and NSE.
CSM Technologies IPO Category-wise Investment Limits
The application size for each category is as follows -
|
Category |
Investment Range |
|
Qualified Institutional Buyers (QIBs) |
Not more than 50% of the Net Issue |
|
Non-Institutional Investors (NIIs) |
Not less than 15% of the Net Issue |
|
Retail Individual Investors (RII) |
Not less than 35% of the Net Issue |
The minimum investment amount for each category, based on the upper price band of ₹113 per share, is as follows -
|
Investor Category |
Lots |
Shares |
Investment Amount (Approx.) |
|
Retail (Minimum) |
1 |
132 |
₹14,916 |
|
sNII (Minimum) |
14 |
1,848 |
₹2,08,824 |
|
bNII (Minimum) |
68 |
8,976 |
₹10,14,288 |
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
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 Cr. |
₹196.71 Cr. |
₹160.43 Cr. |
|
Profit After Tax |
₹14.09 Cr. |
₹12.55 Cr. |
₹15.82 Cr. |
|
EBITDA |
₹29.27 Cr. |
₹23.71 Cr. |
₹27.87 Cr. |
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