Listed Mainboard IPO CSM

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.

IPO Details

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
Timeline

IPO roadmap at a glance

01
Bidding Opens 24 Jun 2026
02
Bidding Closes 29 Jun 2026
03
Allotment 30 Jun 2026
04
Listing 02 Jul 2026
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%
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
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 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
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. 

FAQ

CSM Technologies IPO FAQs

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.
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. 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.