Here are 5 key things investors should know about CSM Technologies IPO before applying:
CSM Technologies IPO is a book-building issue of Rs 145.78 crore, which consists of a fresh issue of 1.29 crore shares.
CSM Technologies IPO opened for public bidding on June 24, 2026 (Wednesday), and it will remain open till June 29, 2026.
The basis of allotment of shares for the CSM Technologies IPO will be out on June 30, 2026. Moreover, the shares are expected to get listed on both NSE and BSE with the tentative listing date fixed at July 2, 2026.
The company has fixed the IPO price band at Rs 107 to Rs 113 per share. Investors can bid in a lot size of 132 shares and in multiples thereof. This translates to a minimum investment of Rs 14,916 required by a retail investor, based on the upper end of the price band.
According to the company’s red-herring prospectus (RHP), Keynote Financial Services Ltd is the book-running lead manager, while KFin Technologies is acting as the registrar of the issue.
CSM Technologies plans to utilise the net proceeds from the IPO primarily to support its business expansion and operational requirements. The company will allocate funds towards meeting its working capital needs and for the prepayment or repayment of certain outstanding borrowings.
The remaining funds will be used to pursue inorganic growth opportunities through acquisitions and strategic initiatives, as well as for general corporate purposes.
CSM Technologies is an information technology and digital transformation company headquartered in Bhubaneswar, Odisha. Established in 1998, the company focuses on providing technology solutions and e-governance platforms for government agencies and enterprise clients across India and international markets.
Over its 27-year history, CSM Technologies has worked on digital infrastructure and governance projects spanning sectors such as mining, agriculture, industry and trade facilitation, education, healthcare, tourism, and public services. The company is primarily recognised for its GovTech offerings, which are designed to support government departments in digitising operations, improving service delivery, and enabling data-driven decision-making.
CSM Technologies offers a range of services that include software development, digital transformation consulting, cloud solutions, artificial intelligence (AI), Internet of Things (IoT) applications, data analytics, and enterprise technology platforms. Its solutions are aimed at streamlining administrative processes, enhancing operational efficiency, and supporting citizen-centric service delivery models.
The company also provides consulting and advisory services to government organisations and private-sector clients. In addition, it develops self-service technologies that help organisations automate and manage customer-facing processes through digital channels.
