IPO Details
Subscription
Lot Distribution
Reservation
Company Fin.
₹4(3.54%)
Premium (ELP)
CSM Technologies Limited's's IPO subscription window is presently active, allowing investors to participate in this public offering valued at 1,29,01,000 Shares. The fresh issue component of 1,29,01,000 Shares constitutes the complete offering.
Bids are being accepted within the specified price range of ₹107 to ₹113, with applications starting from 132 shares. The live subscription status indicates ongoing investor engagement with the offering.
The subscription period will conclude on Jun 29, 2026, followed by allotment finalization on Jun 30, 2026. Market debut is scheduled for Jul 02, 2026 on the NSE, BSE exchange, where the shares will commence trading.
Investors can bid starting from the minimum lot size specified for this IPO, and only in multiples of that lot size. The table below shows the minimum and maximum investment for retail investors and HNIs in terms of lots, quantity, and amount.
CSM Technologies, incorporated in 1998, is an IT solutions provider specializing in GovTech and digital transformation for both government and private clients across sectors like mining, agriculture, trade, education, healthcare, tourism, and public services. With 27 years of experience, the company has built e-governance platforms and digital infrastructure that improve efficiency, enable data-driven decisions, and deliver citizen-focused services, while also providing consulting, advisory, and self-service technologies for automating customer-facing processes. Key projects include agricultural platforms like KRUSHAK Odisha, SAFAL, and GO SUGAM; education platforms such as SAMS Odisha, OFSS Bihar, eSikshakosh, and the Unified Scholarship Portal; governance initiatives like AI/ML-based grievance systems Mo Sarkar; industry and trade solutions including the Digital Logistics Management System for JSW Steel; urban development platforms like ILMIS and Property Tax systems in Africa; social protection delivery platforms in India, Ethiopia, and Gambia; investor facilitation portals such as GO-SWIFT in Odisha and Chhattisgarh; analytics dashboards for real-time performance monitoring; and donor aid management systems in Rwanda and Mozambique. As of June 30, 2025, the company had an order book of ₹31,732.96 lakhs and a market presence spanning 12 countries, including India, Ethiopia, Kenya, Rwanda, Gambia, Gabon, the USA, and Canada, serving governments, PSUs, development agencies, and enterprises.
Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."
The expected premium is based on market buzz and online information. It should not be considered as the actual listing price or valuation. Always refer to the RHP and seek advice from a financial expert before making any investment decisions.
- Specialized IT Services Provider: Offers enterprise IT solutions, software development, and consulting services catering to a diverse set of industries.
- Growing Client Base: Works with both government and private sector clients, providing stable and recurring business opportunities.
- Scalable Business Model: Expansion in services and projects supports long-term growth and increasing operational efficiency.
- Project-Driven Revenue: Business largely depends on discrete IT projects, which can vary in size and timing, leading to revenue fluctuations.
- Working Capital Requirements: Continuous investment in manpower, technology, and project execution impacts cash flow cycles.
- Competitive IT Landscape: Faces strong competition from established IT companies, which can pressure pricing and margins.
- Priyadarshi Pany
- Lagna Panda
CSM Technologies Limited
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