CSM Technologies
· Mainboard · NSE, BSE
Price Band
₹107–113
Lot Size
132 shares
Issue Size
₹146 Cr
Min. Investment
₹14,916
Grey Market Premium
Indicative, updates through the day
Estimated listing price: ₹113
Subscription Status
About CSM Technologies
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. 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.
Issue Objectives
- Funding working capital requirements of the Company
- Prepayment or repayment of all or a portion of certain outstanding borrowings availed by Company
- Achieving inorganic growth through unidentified acquisitions and other strategic initiatives and general corporate purposes
- Issue Expenses
Anchor Investors
CSM Technologies IPO raises ₹20.00 crore from anchor investors. CSM Technologies IPO Anchor bid date is June 23, 2026.📝 Anchor Investors Letter (PDF)
Reservation
| Category | Shares Offered | % |
|---|---|---|
| QIB | 63,85,500 | 50% |
| − Anchor Investor | 17,70,120 | 0% |
| − QIB (Ex. Anchor) | 46,15,380 | 0% |
| NII (HNI) | 19,15,650 | 15% |
| − bNII > ₹10L | 12,77,100 | 0% |
| − sNII < ₹10L | 6,38,550 | 0% |
| Retail | 44,69,850 | 35% |
| Employee | 1,30,000 | 0% |
- QIB50.0%
- − Anchor Investor0.0%
- − QIB (Ex. Anchor)0.0%
- NII (HNI)15.0%
- − bNII > ₹10L0.0%
- − sNII < ₹10L0.0%
- Retail35.0%
- Employee0.0%
Market Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 132 | ₹14,916 |
| Retail (Max) | 13 | 1716 | ₹1,93,908 |
| S-HNI (Min) | 14 | 1848 | ₹2,08,824 |
| S-HNI (Max) | 67 | 8844 | ₹9,99,372 |
| B-HNI (Min) | 68 | 8976 | ₹10,14,288 |
Financials (₹ Cr)
Valuations
EPS (Pre IPO)
3.64
EPS (Post IPO)
3.80
ROE
16.54%
P/E (Pre IPO)
31.05
P/E (Post IPO)
29.75
Price / Book
4.92
Market Cap
₹583.12 Cr.
Peers Comparison
| Company | P/E | ROE | Revenue |
|---|---|---|---|
| Fractal Analytics Ltd. | 65.5 | ₹2,833.90 Cr | |
| Genxai Analytics Ltd. | 23.41 | ₹54.66 Cr | |
| Methodhub Software Ltd. | 24.19 | ₹102.49 Cr | |
| Logiciel Solutions Ltd. | 20.35 | ₹39.90 Cr | |
| Workmates Core2Cloud Solution Ltd. | 14.66 | ₹69.84 Cr | |
| Austere Systems Ltd. | 10.48 | ₹15.57 Cr |
Contact Details
CSM Technologies Ltd. Address
- +0674 6635900
- secretarial@csm.tech
- https://www.csm.tech/
Registrar Contact Details
KFin Technologies Ltd.
- +91 40 6716 2222
- einward.ris@kfintech.com
- https://kfintech.com
- Selenium Tower B, Plot 31-32, Financial District, Nanakramguda, Hyderabad – 500032
Frequently Asked Questions
Key Dates
- Open Date
- 24 Jun 2026
- Close Date
- 29 Jun 2026
- Listing Date
- 02 Jul 2026
Issue Details
- Registrar
- KFin Technologies
- Lead Manager(s)
- Exchange
- NSE, BSE