CSM Technologies came to market through an IPO that opened on 24 June 2026 and closed on 29 June 2026, and the shares listed on 2 July 2026 on BSE, NSE. The price band was ₹107 to ₹113 per share and one lot was 132 shares, so the minimum application was ₹14,916. The issue size was ₹145.78 crore. The whole issue was fresh shares, so the money raised went to the company.
It listed at ₹113, flat against the issue price of ₹113. Kfin Technologies Limited was the registrar to the issue, and Keynote Financial Services Limited was the lead manager.
As of 29 June 2026.
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Overall the issue was subscribed 1.36 times.
Incorporated in 1998, CSM Technologies is amongst those IT solution providers that have developed distinct projects not only for government but also for their own clients. Being an expert in GovTech, it offers services to the government as well as business organizations in the mining, agriculture, commerce, education, health, tourism, and public sectors. The company has been in business for about 27 years, creating platforms and providing digital infrastructures for governments through being its trusted partner for years together.
They have provided solutions that make work more efficient, support data-driven decision-making and provide citizen-centric services to citizens. The company also offers consulting and advisory services along with self-service technologies. It operates in 12 countries, which include India, Ethiopia, Kenya, Rwanda, Gambia, Gabon, the USA, and Canada among others. The clients of CSM include governments, PSUs, development organizations, and businesses.
As described in the offer document.
| Metric | 31-Dec-25 | 31-Mar-25 | 31-Mar-24 | 31-Mar-23 |
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CSM Technologies Limited allotted 17,70,120 equity shares to 2 anchor investors at ₹113 per share on June 23, 2026. Nova Global Opportunities Fund PCC – Touchstone and Zeal Global Opportunities Fund each received an equal 50% allocation.
Priyadarshi Pany, Lagna Panda. Promoter holding 94.90% before the issue.
Work out the listing gain for this IPO
If the retail portion is not fully subscribed, every valid application is allotted in full. If it is oversubscribed, SEBI's rules require that as many applicants as possible receive at least one lot, so the shares are allotted by a computerised lottery across all valid applications, one lot each, until the retail portion is exhausted. Applying for more lots does not improve your chance in a lottery; it only increases what you receive if the issue is under-subscribed.
The basis of allotment document, published by the registrar on the allotment date, states the ratio: for example, one applicant in seven received one lot.
Allotment status is published by the registrar on its website, searchable by PAN, application number or demat account, and also on the exchange's website. Allotted shares are credited to the demat account the day before listing, and blocked money for unsuccessful applications is released the same day. The Rupix app can check allotment status by PAN once the registrar publishes it.
Shares list within three working days of the issue closing. On listing day the exchanges run a special pre-open session from nine o'clock, during which orders are collected and an opening price is discovered from them; trading in the share begins after that, usually around ten. The opening price is the listing price that appears on this page once the issue has listed, and the listing gain or loss is the difference between it and the issue price.
For a mainboard issue, the share then trades in the normal way with the exchange's price band for a new listing. For an SME issue, shares trade in lots rather than one at a time, and the market can be thin, so selling on listing day is not always possible at the opening price. Capital gains on shares sold within a year of allotment are short-term and taxed at the short-term rate.
CSM Technologies IPO was a ₹145.78 crore book-built issue, made up entirely of a fresh issue. It was priced at ₹107–₹113 per share with a lot size of 132 shares (₹14,916). The IPO was open from June 24 to June 29, 2026 and was subscribed 1.36x. Shares listed on BSE and NSE on July 2, 2026 at ₹113, in line with the issue price of ₹113. Kfin Technologies Limited is the registrar.
Keynote Financial Services Limited is the book running lead manager.
The price band of CSM Technologies IPO is ₹107 to ₹113 per share.
The lot size of CSM Technologies IPO is 132 shares.
The minimum investment for CSM Technologies IPO is approximately ₹14,916 based on the upper price band.
The allotment date of CSM Technologies IPO is Jun 30, 2026.
CSM Technologies IPO listed on Jul 2, 2026. It was issued at ₹113.0(NSE) and is currently around ₹83.46 as on 2-Nov-2026 3:30 PM, which is approximately -26.1% versus issue price. The 52-week high is ₹114.90.
You can check CSM Technologies IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the CSM Technologies IPO allotment status on Rupix for quick and easy access.
₹107 to ₹113 per share, against a face value of ₹10. Most applicants bid at the cut-off price, the top of the band, so that the application was valid whatever price the issuer finally fixed.
One lot was 132 shares, and every application had to be a whole number of lots. At the top of the band that made the minimum application ₹14,916.
₹14,916, for one lot of 132 shares at the top of the price band. The amount was blocked in the applicant's bank account through ASBA or a UPI mandate while the issue was open, and released on the allotment date to applicants who were not allotted shares.
It opened on 24 June 2026 and closed on 29 June 2026.
The basis of allotment was published on 30 June 2026 by Kfin Technologies Limited, and allotted shares were credited to demat accounts before listing.
The shares listed on 2 July 2026 on BSE, NSE, opening at ₹113.
The issue size was ₹145.78 crore. The fresh issue was 1,29,01,000 shares (aggregating up to ₹145.78 crore).
It listed at ₹113 against an issue price of ₹113, a gain of 0 percent on listing day.