The ₹145.78 crore IPO of CSM Technologies Ltd. continues to attract investors on Day 2, with a subscription rate of 0.66 times so far. The IPO closes for bidding on Jun 29, 2026.
CSM Technologies IPO Day 2 Live Subscription Updates
Retail Individual Investors (RIIs) category received 0.75x subscription while Non-Institutional Investors (NII) segment was subscribed 1.09x, and employee category subscribed 0.92x.
Small NII category saw 0.45x subscription and Big NII segment subscribed 1.42x. NIIs with bidding amount upto Rs 10 lakh are called Small NIIs while NIIs bidding above Rs 10 lakh are called Big NIIs. Qualified Institutional Buyers (QIB) quota received 0.38x subscription.
CSM Technologies IPO Issue Details
- Issue Structure: Fresh Issue only
- Fresh Issue: 1.29 crore shares worth ₹145.78 crore
- Pricing Method: Book-Building IPO
- Price: ₹107 to ₹113 per share
- Retail Individual Investor - Minimum Investment: ₹14,916
- Non-Institutional Investor - Minimum Investment: ₹2,08,824
This offering is being managed by Keynote Financial Services Ltd. who is serving as the Book-Running Lead Manager for the issue, and Kfin Technologies Ltd. is the Registrar for the issue.
