Bookbuilding IPO | ₹146 Cr | Listed at BSE, NSE | Wed, Jun 24, 2026 - Mon, Jun 29, 2026 LT
CSM Technologies IPO is a book build issue of ₹145.78 crores. The issue is entirely a fresh issue of 1.29 crore shares of ₹145.78 crore.
CSM Technologies IPO bidding started from Jun 24, 2026 and ended on Jun 29, 2026. The allotment for CSM Technologies IPO was finalized on Jun 30, 2026. The shares got listed on NSE and BSE on Jul 2, 2026.
CSM Technologies IPO is set final issue price at ₹113 per share. The lot size for an application is 132 shares. The minimum amount of investment required by an individual investor (retail) is ₹14,916 (132 shares) (based on upper price). The lot size investment for sNII is 14 lots (1,848 shares), amounting to ₹2,08,824, and for bNII, it is 68 lots (8,976 shares), amounting to ₹10,14,288.
Keynote Financial Services Ltd. is the book running lead manager and Kfin Technologies Ltd. is the registrar of the issue.
Refer to CSM Technologies IPO RHP for detailed Information.
IPO Open
Wed, Jun 24, 2026
IPO Close
Mon, Jun 29, 2026
Issue Price
₹113 per share
Market Cap (Pre-IPO)
₹583.12 Cr
| IPO Date | 24 to 29 Jun, 2026 |
| Listed on | Thu, Jul 2, 2026 |
| Face Value | ₹10 per share |
| Price Band | ₹107 to ₹113 |
| Issue Price | ₹113 per share |
| Lot Size | 132 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Total Issue Size | 1,29,01,000 shares (agg. up to ₹146 Cr) |
| Fresh Issue | 1,29,01,000 shares (agg. up to ₹146 Cr) |
| Share Holding Pre Issue | 3,87,02,472 shares |
| Share Holding Post Issue | 5,16,03,472 shares |
| BSE Script Code / NSE Symbol | 544806 / CSM |
| ISIN | INE0ZK601013 |
CSM Technologies IPO comprises a total issue size of 1,29,01,000 shares. The net offer to the public is 1,27,71,000 shares, after excluding 1,30,000 shares under a preferential allotment. Of the Net offer 63,85,500 (50.00%) are allocated to QIB, 19,15,650 (15.00%) allocated to NII 44,69,850 (35.00%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue | Max Allottees |
|---|---|---|---|---|
| QIB Shares Offered | 63,85,500 | 50.00% | 49.50% | NA |
| − Anchor Investor Shares Offered | 17,70,120 | 13.72% | NA | |
| − QIB (Ex. Anchor) Shares Offered | 46,15,380 | 35.78% | NA | |
| NII (HNI) Shares Offered | 19,15,650 | 15.00% | 14.85% | NA |
| − bNII > ₹10L | 12,77,100 | 9.90% | 691 | |
| − sNII < ₹10L | 6,38,550 | 4.95% | 345 | |
| Retail Shares Offered | 44,69,850 | 35.00% | 34.65% | 33,862 |
| Preferential Reservations | ||||
| Employee Shares Offered | 1,30,000 | 1.01% | NA | |
| Total Shares Offered | 1,29,01,000 | 100.00% | 100.00% | |
Investors can bid for a minimum of 132 shares and in multiples thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 132 | ₹14,916 |
| Retail (Max) | 13 | 1,716 | ₹1,93,908 |
| S-HNI (Min) | 14 | 1,848 | ₹2,08,824 |
| S-HNI (Max) | 67 | 8,844 | ₹9,99,372 |
| B-HNI (Min) | 68 | 8,976 | ₹10,14,288 |
CSM Technologies IPO raises ₹20.00 crore from anchor investors. CSM Technologies IPO Anchor bid date is June 23, 2026.
📝 Anchor Investors Letter (PDF)
| Bid Date | Tue, Jun 23, 2026 |
| Shares Offered | 17,70,120 |
| Anchor Portion (₹ Cr.) | 20.00 |
| Anchor lock-in period end date for 50% shares (30 Days) | Thu, Jul 30, 2026 |
| Anchor lock-in period end date for remaining shares (90 Days) | Mon, Sep 28, 2026 |
| Category | Limit | Cut-off |
|---|---|---|
| RII | Up to ₹2 Lakhs | Yes |
| sNII | ₹2 Lakhs – ₹10 Lakhs | No |
| bNII | Above ₹10 Lakhs | No |
| Employee (EMP) | Up to ₹5 Lakhs | Yes |
| Employee + RII/NII | Up to ₹5Lakhs (EMP) + RII/NII limits | Yes (EMP/RII) |
Incorporated in 1998, CSM Technologies is one of the few IT solution providers that have delivered unique projects for both government and private clients. It specializes in GovTech and digital transformation, offering solutions across sectors like mining, agriculture, trade, education, healthcare, tourism, and public services.
The company has 27 years of experience in building e-governance platforms and digital infrastructure, working as long-term partners for government agencies. Its solutions help improve efficiency, enable data-driven decisions, and deliver citizen-focused services. The company also provides consulting, advisory, and self-service technologies to help governments and businesses automate and manage customer-facing processes.
As on March 31, 2026, its order book stood at Rs 35,763.17 lakhs.
Key Projects
As at March 31, 2026, our Company has 1,327 employees.
Its market presence spans across 12 countries, including India, Ethiopia, Kenya, Rwanda, Gambia, Gabon, the USA, and Canada. Its customer base comprises governments, PSUs, development agencies, and enterprises.
Competitive strengths
| Period Ended | 31 Dec 2025 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|---|
| Assets | 206.00 | 154.55 | 124.45 | 80.02 |
| Total Income | 167.05 | 200.63 | 198.65 | 161.50 |
| Profit After Tax | 14.70 | 14.09 | 12.55 | 15.82 |
| EBITDA | 30.07 | 29.27 | 23.71 | 27.87 |
| NET Worth | 88.88 | 76.18 | 59.75 | 50.31 |
| Reserves and Surplus | 56.29 | 73.21 | 55.88 | 45.69 |
| Amount in ₹ Crore | ||||
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Fractal Analytics Ltd. | Mainboard | ₹2,833.90 Cr | ₹900 | 65.5 | ₹847.15 | -5.87% | ₹897.30 (+2.55%) |
| Genxai Analytics Ltd. | SME | ₹54.66 Cr | ₹116 | 23.41 | ₹97.40 | -16.03% | ₹93.45 (+0.05%) |
| Methodhub Software Ltd. | SME | ₹102.49 Cr | ₹194 | 24.19 | ₹162.90 | -16.03% | ₹81.52 (-1.98%) |
| Logiciel Solutions Ltd. | SME | ₹39.90 Cr | ₹193 | 20.35 | ₹146.70 | -23.99% | ₹34.26 (-4.99%) |
| Workmates Core2Cloud Solution Ltd. | SME | ₹69.84 Cr | ₹204 | 14.66 | ₹368.25 | +80.51% | ₹298.95 (+1.30%) |
| Austere Systems Ltd. | SME | ₹15.57 Cr | ₹55 | 10.48 | ₹79.32 | +44.22% | ₹43.50 (+0.00%) |
| Ace Alpha Tech Ltd. | SME | ₹32.22 Cr | ₹69 | 9.07 | ₹85.05 | +23.26% | ₹122.25 (+4.44%) |
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding working capital requirements of the Company | 56.00 |
| 2 | Prepayment or repayment of all or a portion of certain outstanding borrowings availed by Company | 22.63 |
| 3 | Achieving inorganic growth through unidentified acquisitions and other strategic initiatives and general corporate purposes | 50.16 |
| Total | 128.78 |
| KPI | Dec 31, 2025 | Mar 31, 2025 |
|---|---|---|
| ROE | 23.75% | 20.73% |
| ROCE | 24.40% | 22.62% |
| Debt/Equity | 0.86 | 0.46 |
| RoNW | 16.54% | 18.49% |
| PAT Margin | 8.80% | 7.02% |
| EBITDA Margin | 18.16% | 14.69% |
| Price to Book Value | 4.92 | 0.95 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (₹) | 3.64 | 3.80 |
| P/E (x) | 31.05 | 29.75 |
| Promoter Holding | 94.90% | 71.18% |
| Market Cap | ₹583.12 Cr. |
The CSM Technologies IPO is subscribed 1.37 times on June 29, 2026 6:54:34 PM (Day 3). The public issue subscribed 1.63 times in the retail category, 1.02 times in the QIB category, and 1.54 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (x) | Shares Offered | Shares bid for |
|---|---|---|---|
| QIB (Ex Anchor) | 1.02 | 46,15,380 | 47,08,968 |
| NII | 1.54 | 19,15,650 | 29,58,912 |
| bNII (> ₹10L) | 1.65 | 12,77,100 | 21,10,680 |
| sNII (< ₹10L) | 1.33 | 6,38,550 | 8,48,232 |
| Retail | 1.63 | 44,69,850 | 72,98,544 |
| Employee | 1.82 | 1,30,000 | 2,36,808 |
| Total | 1.37 | 1,11,30,880 | 1,52,03,232 |
Total Applications: 45,816
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Fees payable to Book Running Lead Manager (including underwriting commission, brokerage and selling commission, as applicable) | 4.01 |
| 2 | Commission/processing fee for SCSBs, Sponsor Banks and fees payable to sponsor bank(s) for bids made by RIBs, Bankers to the Issue, Brokerage and Syndicate Fees, bidding charges for Members of the Syndicate, Registered Brokers, RTAs and CDPs | 0.23 |
| 3 | Fees Payable to the Registrar to the Issue | 0.03 |
| 4 | Listing fees, SEBI filing fees, upload fees, BSE and NSE Processing fees, book building software fees and other regulatory expenses | 1.05 |
| 5 | Printing and Distribution of Stationery | 0.08 |
| 6 | Advertising and Marketing expenses | 0.78 |
| 7 | Fees payable to legal counsel | 1.49 |
| 8 | Fees payable to other advisors to the Issue, including but not limited to Statutory Auditors, industry report provider, and practising company secretary | 9.08 |
| 9 | Miscellaneous expenses | 0.25 |
| Total | 17.00 |
Lead Manager Reports
CSM Technologies IPO is a main-board IPO of 1,29,01,000 equity shares of the face value of ₹10 aggregating up to ₹146 Crores. The issue is priced at ₹113 per share. The minimum order quantity is 132.
The IPO opens on Wed, Jun 24, 2026, and closes on Mon, Jun 29, 2026.
Kfin Technologies Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
Zerodha customers can apply online in CSM Technologies IPO using UPI as a payment gateway. Zerodha customers can apply in CSM Technologies IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in CSM Technologies IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The CSM Technologies IPO opens on Wed, Jun 24, 2026 and closes on Mon, Jun 29, 2026.
CSM Technologies IPO lot size is 132, and the minimum amount required for application is ₹14,916.
You can apply in CSM Technologies IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for CSM Technologies IPO will be done on Tuesday, June 30, 2026, and the allotted shares will be credited to your demat account by Wed, Jul 1, 2026. Check the CSM Technologies IPO allotment status.
The CSM Technologies IPO listing date is on Thu, Jul 2, 2026.
