CSM Technologies IPO GMP today is Rs 4. Investors can use this GMP along with price band and subscription status for a better IPO review.
Listed
Mainboard IPO
CSM
CSM Technologies IPO GMP & Allotment
CSM Technologies Limited is an IT and IT-enabled services company that provides GovTech solutions, digital transformation services, e-governance platforms, and digital infrastructure support. Incorporated in 1998, the company designs, develops, and implements technology solutions for government agencies, public sector organisations, enterprises, and development agencies. Its offerings are aimed at improving operational efficiency, enabling data-driven decision-making, and delivering citizen-centric services. The company also provides consulting and advisory services, self-service technologies, system integration, automation, cloud, cybersecurity, and related IT services. CSM serves multiple sectors, including mining and allied services, government and public services, agriculture and allied services, industry and trade facilitation, education, healthcare, and tourism. Revenue is generated through the execution of technology projects and service contracts, many of which are awarded through competitive bidding processes, particularly by government entities. The company also has an international presence across multiple countries.
- IPO Price Band
- ₹107.00 - ₹113.00
- Lot Size
- 132 Shares
- Bidding Closes
- 29 Jun 2026
- Listing Date
- 02 Jul 2026
Quick Answer & Highlights
CSM Technologies IPO GMP Today & Key Takeaways
Last updated: 26 Jun 2026
CSM Technologies IPO officially listed on 02 Jul 2026 at Rs 113.00, delivering a +0.00% listing gain compared to its issue price of Rs 113.00. Pre-listing, its final recorded Grey Market Premium (GMP) was ₹4.
CSM Technologies IPO officially listed on 02 Jul 2026 at ₹113.00, delivering a +0.00% listing gain compared to its issue price of ₹113.00. Pre-listing, its final recorded Grey Market Premium (GMP) was ₹4.
| Key Metric | Figure | Status / Context |
|---|---|---|
| Current GMP | ₹4 | +3.54% vs upper band (26 Jun 2026) |
| Est. Listing Price | ₹113.00 | +0.00% Est. Listing Gain |
| Price Band | ₹107.00 - ₹113.00 | Mainboard IPO |
| Retail Minimum Investment | ₹14,916 | 1 Lot (132 Shares) |
| Bidding Window | 24 Jun 2026 – 29 Jun 2026 | Listed |
| Allotment & Listing Dates | Allotment: 30 Jun 2026 | Listing: 02 Jul 2026 |
Current GMP Status
₹4
+3.54% vs upper band
Est. Listing Gain
+0.00%
Last Trend
26 Jun 2026
Listing Price
₹113.00
Retail Entry
₹14,916
IPO Details
Complete IPO information
| IPO Open Date | 24 Jun 2026 |
|---|---|
| IPO Close Date | 29 Jun 2026 |
| IPO Price Band | ₹107.00 - ₹113.00 |
| Lot Size | 132 Shares |
| Current GMP | ₹4 |
| Estimated Listing Gain | +0.00% |
| Issue Size | Approx ₹145.78 Cr |
| Fresh Issue | Approx ₹146 Crores |
| Issue Type | Mainboard |
| IPO Listing | NSE, BSE |
| Retail Quota | TBA |
| Registrar | TBA |
| Overall Subscription | 1.36x |
| Minimum Investment | ₹14,916 |
| DRHP Draft Prospectus | |
| RHP Draft Prospectus |
Analysis
IPO Snapshot & Investor Takeaways
At the upper end of its price band, CSM Technologies is priced at ₹113 per share. With a minimum lot size of 132 shares, a retail investor applying for one lot would need approximately ₹14,916 to participate in this Mainboard issue.
The latest recorded Grey Market Premium for CSM Technologies stands at ₹4, implying an estimated listing gain of around 3.54% over the issue price if it holds until listing. GMP reflects informal grey-market sentiment rather than a guaranteed outcome, and can change at any point until the day of listing.
As of the latest update, CSM Technologies's IPO was subscribed 1.36x overall, with a category-wise breakdown of Retail 1.61x, QIB 1.02x.
Among the strengths highlighted in CSM Technologies's IPO documents: CSM Technologies has over 27 years of experience in delivering e-governance and digital transformation projects.; The company specialises in GovTech solutions across sectors such as agriculture, mining, education, healthcare, and public services..
Investors should also weigh the risk factors CSM Technologies has disclosed, including: A significant portion of revenue depends on government projects awarded through competitive bidding processes..
Mainboard IPOs list on the main platform of BSE/NSE, typically involve larger issue sizes, and draw participation across retail, HNI and institutional (QIB) investor categories.
Timeline
IPO roadmap at a glance
✓
Bidding Opens
24 Jun 2026
✓
Bidding Closes
29 Jun 2026
✓
Allotment
30 Jun 2026
✓
Listing
02 Jul 2026
| Event / Milestone | Scheduled Date | Status |
|---|---|---|
| Bidding Opens | 24 Jun 2026 | Completed |
| Bidding Closes | 29 Jun 2026 | Completed |
| Allotment | 30 Jun 2026 | Completed |
| Listing | 02 Jul 2026 | Completed |
Grey Market Premium
Daily GMP status
| Date | GMP | Change | Gain |
|---|---|---|---|
| 26 Jun 2026 | ₹4.00 | - | 3.54% |
| 25 Jun 2026 | ₹4.00 | - | 3.54% |
| 24 Jun 2026 | ₹4.00 | - | 3.54% |
| 22 Jun 2026 | ₹4.00 | - | 3.54% |
Swipe to see more →
Market Lot
Application size breakdown
| Category | Lots | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 Lot | 132 | ₹14,916 |
| Retail Maximum | 13 Lot | 1,716 | ₹1,93,908 |
| S-HNI Minimum | 14 Lot | 1,848 | ₹2,08,824 |
| S-HNI Maximum | 67 Lot | 8,844 | ₹9,99,372 |
| B-HNI Minimum | 68 Lot | 8,976 | ₹10,14,288 |
Swipe to see more →
Fund Utilization
Objects of the Issue & Official Documents
Issue Notes
Important takeaways before applying
Strengths
- CSM Technologies has over 27 years of experience in delivering e-governance and digital transformation projects.
- The company specialises in GovTech solutions across sectors such as agriculture, mining, education, healthcare, and public services.
- It has long-standing relationships with government agencies and enterprise customers through successful project execution.
- The company has a presence in multiple international markets, including Africa, North America, and India.
- It offers a broad range of technology services, including software development, system integration, cloud, cybersecurity, and consulting.
Risks
- A significant portion of revenue depends on government projects awarded through competitive bidding processes.
- Failure to win new contracts or complete projects on time could adversely affect business performance.
- The company faces intense competition from other IT services and technology solution providers.
- Rapid technological changes require continuous investment in innovation and new solution development.
- Non-compliance with government IT, cybersecurity, accessibility, or procurement regulations could impact operations and reputation.
Analysis
CSM Technologies IPO Dates
Investors interested in applying for the CSM Technologies IPO should carefully note all key dates associated with the public issue. These dates include the IPO opening and closing period, allotment schedule, refund processing, demat credit timeline, and listing date.
Once the subscription period closes, the registrar will complete the allotment process. Successful applicants will receive shares in their demat accounts before the company's shares begin trading on the BSE and NSE.
| IPO Activity | Date |
|---|---|
| CSM Technologies IPO Open Date | June 24, 2026 |
| CSM Technologies IPO Close Date | June 29, 2026 |
| Basis of Allotment | June 30, 2026 |
| Refund Initiation | July 1, 2026 |
| Credit of Shares to Demat Account | July 1, 2026 |
| CSM Technologies IPO Listing Date | July 2, 2026 |
| IPO Bidding Cut-off Time | June 29, 2026 – 5:00 PM |
Analysis
CSM Technologies - Business Overview
CSM Technologies, founded in 1998, is an IT company that provides technology solutions to both government and private organisations.
The company mainly focuses on GovTech (government technology) and digital transformation. It offers solutions for sectors such as mining, agriculture, trade, education, healthcare, tourism, and public services.
With 27 years of experience, CSM Technologies develops e-governance platforms and digital systems that help governments work more efficiently, make better decisions using data, and provide better services to citizens.
The company also offers consulting, advisory services and self-service technologies that help governments and businesses automate processes and improve customer service.
CSM Technologies operates in 12 countries, including **India, the United States, and Canada. Its clients include governments, PSUs, development agencies, and businesses.
Analysis
CSM Technologies IPO Dates
| Particular | Dates |
|---|---|
| IPO Open Date | 24 Jun 2026 |
| IPO Close Date | 29 Jun 2026 |
| Basis of Allotment | 30 Jun 2026 |
| Refunds | 01 Jul 2026 |
| Credit to Demat Account | 01 Jul 2026 |
| IPO Listing Date | 02 Jul 2026 |
Note: The timeline for CSM Technologies IPO is tentative and subject to change.
Analysis
CSM Technologies Objects of the Issue & Utilisation of Proceeds
| Purpose | Crores |
|---|---|
| Purpose | Crores |
| Funding working capital requirements of the Company | ₹53.00 |
| Prepayment or repayment of all or a portion of certain outstanding borrowings availed by our Company | ₹25.88 |
| Achieving inorganic growth through unidentified acquisitions and other strategic initiatives and general corporate purposes | ₹- |
Note: Objectives are as specified in the DRHP/RHP documents of CSM Technologies.
Analysis
CSM Technologies Company Financials
| Period | Revenue | Expense | PAT | Assets |
|---|---|---|---|---|
| 2023 | ₹184.81 | ₹154.97 | - | - |
| 2024 | ₹206.45 | ₹175.85 | - | - |
| 2025 | ₹322.58 | ₹261.43 | - | - |
| Dec 2025 | ₹236.50 | ₹186.96 | - | - |
Note: Financial numbers for CSM Technologies are in ₹ Crores unless stated otherwise.
Analysis
CSM Technologies Company Valuation – FY2026
| KPI | Values |
|---|---|
| ROE | 20.73% |
| ROCE | 22.62% |
| EBITDA Margin | 14.69% |
| PAT Margin | 7.02% |
| Debt to Equity Ratio | 0.46 |
| Earning Per Share (EPS) | 3.72 (Basic) |
| Price/Earning P/E Ratio | - |
| Return on Net Worth (RoNW) | 18.49% |
| Net Asset Value (NAV) | 118.73 |
Note: Valuation KPIs for CSM Technologies are computed for FY2026.
Analysis
CSM Technologies IPO Peer Group Comparison
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
|---|---|---|---|---|---|
| Powerica Limited | 15.26 | - | - | - | - |
| Cummins India Limited | 72.15 | - | - | - | - |
| Kirloskar Oil Engines Limited | 33.71 | - | - | - | - |
| NTPC Green Energy Limited | 0.67 | - | - | - | - |
| Acme Solar Holdings Limited | 4.55 | - | - | - | - |
| Adani Green Energy Limited | 8.37 | - | - | - | - |
Note: Peer group comparisons for CSM Technologies are sourced from DRHP filings.
Comparison
Compare CSM Technologies IPO with similar IPOs
FAQ
CSM Technologies IPO FAQs
Based on the latest Grey Market Premium (GMP) of Rs 4 and an issue price of Rs 113, the estimated listing price for CSM Technologies IPO is Rs 117.00 (approx 3.54% listing gain). Actual listing price is determined by market demand on the listing day.
CSM Technologies IPO price band is Rs 107.00 to Rs 113.00. Check the latest issue price, lot size and GMP together before applying.
CSM Technologies IPO open date is 24 Jun 2026, close date is 29 Jun 2026, and listing date is 02 Jul 2026.
CSM Technologies IPO lot size is 132 shares. The minimum retail investment is Rs 14,916.
CSM Technologies is classified as a Mainboard IPO. This helps investors quickly understand the issue category and exchange segment.
CSM Technologies IPO subscription status currently shows Retail 1.61x, QIB 1.02x, Overall 1.36x.
CSM Technologies Limited is an IT and IT-enabled services company that provides GovTech solutions, digital transformation services, e-governance platforms, and digital infrastructure support. Incorporated in 1998, the company designs, develops, and implements technology solutions for government agencies, public sector organisations, enterprises, and development agencies. Its offerings are aimed at improving operational efficiency, enabling data-driven decision-making, and delivering citizen-centric services. The company also provides consulting and advisory services, self-service technologies, system integration, automation, cloud, cybersecurity, and related IT services. CSM serves multiple sectors, including mining and allied services, government and public services, agriculture and allied services, industry and trade facilitation, education, healthcare, and tourism. Revenue is generated through the execution of technology projects and service contracts, many of which are awarded through competitive bidding processes, particularly by government entities. The company also has an international presence across multiple countries.
CSM Technologies IPO issue size is 145.78 and the expected allotment date is 30 Jun 2026.
In our empirical study of 117 Indian IPO listings, positive GMP was followed by a positive listing gain 69.8% of the time. However, as an exact forecast, the median variation between GMP-implied gain and actual listing price was 8 percentage points. GMP reflects informal market sentiment and should always be evaluated alongside company valuation and fundamentals.
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