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IPOs, NCDs, OFS, Rights Issues, Buyback and Stock Brokers

IPO Open

Wed, Jun 24, 2026

IPO Close

Mon, Jun 29, 2026

Price Band

₹107 to ₹113

Market Cap (Pre-IPO)

₹583.12 Cr

IPO Details

  • IPO Date
    24 to 29 Jun, 2026
  • Listing Date
    Thu, Jul 2, 2026T
  • Face Value
    ₹10 per share
  • Price Band
    ₹107 to ₹113
  • 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

IPO Timetable (Tentative)

  • IPO Open
    Wed, Jun 24, 2026
  • Allotment
    Tue, Jun 30, 2026
  • Credit of Shares
    Wed, Jul 1, 2026
  • IPO Close
    Mon, Jun 29, 2026
  • Refund
    Wed, Jul 1, 2026
  • Listing
    Thu, Jul 2, 2026

Issue Reservation

Investor Category Shares Offered
QIB Shares Offered Not more than 50% of the Net Issue
Retail Shares Offered Not less than 35% of the Net Issue
NII Shares Offered Not less than 15% of the Net Issue

IPO Lot Size

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

Investor Category Reservations

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)

About CSM Technologies Ltd.

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 OdishaSAFAL (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 (admissions), eSikshakosh, and the Unified Scholarship Portal. These projects have won national awards.
  • Governance: AI/ML-based grievance systems like Mo Sarkar, integrating call centers and analytics for real-time feedback.
  • Industry & Trade:Digital Logistics Management System for JSW Steel, later adopted by state governments.
  • Urban Development: Systems like ILMIS, Property Tax, and city administration platforms in Africa.
  • Social Protection:Social Protection Delivery Platform (SPDP) in India, Ethiopia, and Gambia for welfare targeting.
  • Investor Facilitation:GO-SWIFT in Odisha, and similar single-window systems in Chhattisgarh, Aurangabad (AURIC), and Himachal Pradesh.
  • Analytics & Dashboards: Real-time performance monitoring for Odisha and Chhattisgarh.
  • Donor Aid Management: Digital platforms in Rwanda and Mozambique for tracking grants and aid.

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

  • Deep sectoral expertise across a diversified spectrum of industries
  • Proprietary technology driven innovations and patented technology developed in-house
  • Extensive geographic footprint with scalable operations across key markets
  • Established presence in a high-entry-barrier industry
  • Experienced Promoters and Senior Management team, having domain knowledge
  • Track record of healthy financial performance

IPO Stock Quote & Charts

Company Financials (Restated Consolidated)

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

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IPO Objects of the Issue

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
  • Total
    78.63

Key Performance Indicator (KPI)

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% 94.90%
Market Cap ₹583.12 Cr.
Priyadarshi Pany and Lagna Panda.
  • The value will be calculated using Equity Dilution = Share Holding Pre Issue – Share Holding Post Issue
  • The Pre IPO EPS is calculated based on Pre issue shareholding as on date of RHP and the latest FY earnings as of March 31, 2025 available in RHP.
  • The Post Issue EPS is calculated based on the Post issue shareholding and annualized FY earnings of December 31, 2025 available in RHP.

IPO Registrar

Kfin Technologies Ltd.

  • 04067162222, 04079611000
  • csmtechnologies.ipo@kfintech.com
  • Visit Website

IPO Lead Manager(s)

  1. Keynote Financial Services Ltd.  (Past IPO Performance)

Lead Manager Reports

  • Lead Manager Performance Summary
  • Lead Manager Performance Tracker

Contact Details

CSM Technologies Ltd. Address
Plot No – E/56, Infocity-1
Chandrasekharpur, Dist.: Khurda, Khordha,
Bhubaneshwar, Odisha, 751024

IPO FAQs

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 ₹107 to ₹113. 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.

Angel One customers can apply online in CSM Technologies IPO using UPI as a payment gateway. Angel One customers can apply in CSM Technologies IPO by login into Angel One Console (back office) and submitting an IPO application form.

Steps to apply in CSM Technologies IPO through Angel One

Visit the Angel One website and login to Console.
Go to Portfolio and click the IPOs link.
Go to the ‘CSM Technologies IPO’ row and click the ‘Bid’ button.
Enter your UPI ID, Quantity, and Price.
Submit IPO application form.
Visit the UPI App (net banking or BHIM) to approve the mandate.
Visit Angel One 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 Angel One, 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 not yet announced. The tentative date of listing is Thu, Jul 2, 2026.

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