CSM Technologies Shares List Flat on BSE and NSE
CSM Technologies Limited made its stock market debut on Thursday, July 2, 2026, with its shares listing flat on both the NSE and BSE. The stock opened at ₹113 per share on both exchanges, matching the upper end of its IPO price band and delivering no listing gains to investors.
The ₹145.78 crore IPO was open for subscription from June 24 to June 29, 2026, and was subscribed 1.36 times overall. The IPO consisted entirely of a fresh issue of 1.29 crore equity shares.
CSM Technologies IPO - Issue Details
- Issue Type: Book Built Issue (Fresh Issue Only)
- Total Issue Size: Up to ₹145.78 crore
- Fresh Issue: Up to 1.29 crore equity shares
- Face Value: ₹10 per equity share
- Price Band: ₹107 to ₹113 per share
- Lot Size: 132 shares
- Listing: NSE, BSE
- Book Running Lead Manager: Keynote Financial Services Limited
- Registrar: KFin Technologies Limited
CSM Technologies IPO Overall Subscription Status
[29 June 2026, 7:00 PM]
|
Category |
Subscription (x) |
|
Qualified Institutional Buyers (QIBs) |
1.02x |
|
Non-Institutional Investors (NIIs) |
1.54x |
|
Retail Individual Investors (RIIs) |
1.62x |
|
Total |
1.36x |
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.
Check out newly listed IPOs on BSE and NSE.
About CSM Technologies Limited
Established in 1998, CSM Technologies Limited is a GovTech and digital transformation company specializing in the development of e-governance solutions and digital public infrastructure. With over 27 years of industry experience, the company serves government bodies and enterprises across sectors including agriculture, education, healthcare, mining, and public administration, with operations spanning 12 countries.
The company has implemented a range of large-scale digital platforms, such as farmer service portals, education management systems, grievance redressal platforms, and single-window investor facilitation solutions. Through its technology-led offerings, CSM Technologies aims to enhance governance, improve operational efficiency, and enable better public service delivery through digital innovation.
Key Financial Highlights
|
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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