CSM Technologies
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.
Complete IPO information
| Current GMP | ₹4 |
|---|---|
| Estimated Listing Gain | +3.54% |
| Price Band | ₹107.00 - ₹113.00 |
| Issue Price | ₹113.00 |
| Listing Price | ₹113.00 |
| Lot Size | 132 Shares |
| Issue Type | Mainboard |
| Issue Size | Approx ₹145.78 Cr |
| Registrar | TBA |
| Exchange | NSE, BSE |
| Retail Quota | TBA |
| Overall Subscription | 1.36x |
| Listing Date | 02 Jul 2026 |
| Minimum Investment | ₹14,916 |
IPO roadmap at a glance
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% |
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 |
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.
CSM Technologies IPO Details
CSM Technologies Limited is launching its Initial Public Offering (IPO) through the book-building route to raise funds for its business growth and future expansion plans. The issue consists primarily of a fresh issue of equity shares, allowing the company to strengthen its capital base and support long-term strategic initiatives.
The company plans to list its shares on both the BSE and NSE, providing investors with an opportunity to participate in the growth of a technology-driven enterprise. The IPO has been structured to attract participation from retail, institutional, and non-institutional investors.
| Particular | Details |
|---|---|
| CSM Technologies IPO Open Date | June 24, 2026 |
| CSM Technologies IPO Close Date | June 29, 2026 |
| Face Value | ₹10 Per Equity Share |
| IPO Price Band | ₹107 to ₹113 Per Share |
| Issue Size | Approx ₹146 Crores |
| Fresh Issue | Approx ₹146 Crores |
| Offer for Sale (OFS) | Approx [.] Equity Shares |
| Issue Type | Book Building Issue |
| IPO Listing | BSE & NSE |
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 |
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.