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Open
24 Jun 2026
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Close
29 Jun 2026
3
Allotment
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Listing
Thu, Jul 2, 2026
Price Band
₹107 to ₹113
Issue Size
1,29,01,000 shares (agg. up to ₹146 Cr)
Lot Size
132 Shares
Listing Date
Thu, Jul 2, 2026
Latest GMP
₹0
Est. Gain
0%
✦ AI Insight
GMP Trend
02-07-2026₹0Est. ₹113+0%
01-07-2026₹0Est. ₹113+0%
30-06-2026₹0Est. ₹113+0%
29-06-2026₹0Est. ₹113+0%
28-06-2026₹4Est. ₹117+3.54%
27-06-2026₹4Est. ₹117+3.54%
26-06-2026₹4Est. ₹117+3.54%
Live Subscription
| Category | Subscription (times) |
|---|---|
| QIB | 1.02x |
| NII | 1.54x |
| Retail | 1.63x |
| Employee | 1.82x |
| Total | 1.18x |
Restated Financials (₹ Cr.)
| 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 |
Peer Comparison
| 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% | ₹861.45 (-3.56%) |
| Genxai Analytics Ltd. | SME | ₹54.66 Cr | ₹116 | 23.41 | ₹97.40 | -16.03% | ₹69.20 (+1.02%) |
| Methodhub Software Ltd. | SME | ₹102.49 Cr | ₹194 | 24.19 | ₹162.90 | -16.03% | ₹80.00 (+0.08%) |
| Logiciel Solutions Ltd. | SME | ₹39.90 Cr | ₹193 | 20.35 | ₹146.70 | -23.99% | ₹32.00 (-3.76%) |
| Workmates Core2Cloud Solution Ltd. | SME | ₹69.84 Cr | ₹204 | 14.66 | ₹368.25 | +80.51% | ₹339.00 (-1.17%) |
| Austere Systems Ltd. | SME | ₹15.57 Cr | ₹55 | 10.48 | ₹79.32 | +44.22% | ₹41.00 (-1.20%) |
| Ace Alpha Tech Ltd. | SME | ₹32.22 Cr | ₹69 | 9.07 | ₹85.05 | +23.26% | ₹128.10 (+0.08%) |
Objects of the Issue
| # | 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 |
| 4 | Issue Expenses | 17.00 |
| Total | 145.78 |
About CSM Technologies IPO
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 Agriculture: Farmer empowerment systems like KRUSHAK Odisha, SAFAL (credit facilitation), and GO SUGAM (single-window for fisheries/animal resources). International projects include Kenya’s seed certification, Ethiopia’s Wheat Rust Warning System, and National Soil Information System. Education: Platforms like SAMS Odisha (student management), OFSS Bihar (admission
Contact Details
CSM Technologies Ltd. AddressPlot No-E/56, Infocity-1Chandrasekharpur, Dist.: Khurda, KhordhaBhubaneshwar, Odisha, 751024+0674 6635900secretarial@csm.techVisit Website