CSM Technologies

CSM Technologies

UPCOMING

IPO Date: 24 Jun - 29 Jun 2026

Listing Date: 2 Jul 2026

Price Range

Rs.107 - Rs.113

Issue Size

146 Cr

Min Investment

₹14,124

Lot Size

132 Shares

View IPO Document

Schedule of CSM Technologies

Issue open date

24 Jun 2026

Issue close date

29 Jun 2026

UPI mandate deadline

29 Jun 2026 (5 PM)

Allotment finalization

30 Jun 2026

Share credit

1 Jul 2026

Listing date

2 Jul 2026

Mandate end date

14 Jul 2026

Issue size

Funds Raised in the IPOAmount
Overall146 Cr
Fresh Issue145.78 Cr
Offer for Sale0 Cr

Allotment DetailsNew

Allotment TimelineDetails
Allotment Date30 Jun 2026
Allotment Link{Link}

Grey Market PremiumNew

Grey Market Premium (GMP) is the premium at which the shares are traded in the grey market. It gives a fair idea about the listing price of the IPO shares. The GMP can be positive or negative based on the demand and supply of the shares in the grey market.

DateIpo PriceGMPEstimated Listing Price
21 Jun 2026₹113₹4₹117 (3.54%)
20 Jun 2026₹113₹4₹117 (3.54%)
19 Jun 2026₹113₹4₹117 (3.54%)
18 Jun 2026₹113₹0₹113 (0%)

Performance CSM Technologies

Issue PriceListing GainCurrent Market PriceP/L
Rs.107 - Rs.113............

About CSM Technologies

Incorporated in 1998, CSM Technologies is engaged in providing information technology solutions, GovTech platforms, and digital transformation services across sectors such as mining, agriculture, education, healthcare, tourism, industry, and public services. With over 27 years of experience, it designs, develops, and implements e-governance platforms and digital infrastructure for government agencies and corporate clients. The company offers technology consulting, advisory services, and self-service solutions that support process automation and customer engagement. It has executed projects focused on public digital infrastructure and citizen-centric service delivery across India and international markets. Its key solutions include platforms for agriculture, education, grievance redressal, logistics management, social protection, urban governance, and investor facilitation. The company has implemented projects for various state governments in India and international programs across Africa. The company has a presence in 14 countries, including India, Ethiopia, Kenya, Rwanda, Gambia, Gabon, Malawi, Cape Verde, the United States of America, and Canada. It leverages sector expertise, analytics, and scalable technology platforms to support digital transformation initiatives.

Founded in1998
Managing directorMr Priyadarshi Nanu Pany
Parent organization

Financial Overview

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.

Subscription Figures

CategorySubscription (No. of times)
Qualified Institutional Buyers (QIBs)N/A
Non-Institutional Investors (NIIs)N/A
Retail Individual Investors (RIIs)N/A
EmployeeN/A
TotalN/A