CSM Technologies IPO GMP Today and Kostak Price
CSM Technologies IPO Grey Market Premium (GMP) today stands at ₹ 0, indicating cautious or neutral market sentiment ahead of listing. The Kostak rate is currently not available, while the Subject to Sauda price is quoted at currently not available. On 28 June 2026, the IPO GMP recorded a high of ₹4 and a low of ₹0 on 2 July 2026, reflecting a quiet phase in the grey market. You can check the day-wise GMP trend below to track price movement and investor sentiment over time.
CSM Technologies IPO is scheduled to open for subscription on June 24, 2026. The public issue aims to raise around ₹145.78 Cr. and is offered in a price band of ₹107 to ₹113 per share, with a market lot of 132 shares. Investors are closely watching subscription data and grey market trends ahead of the listing.
GMP Trend Chart
Day-wise GMP Trend
| Date | GMP | ↑↓ | % | Kostak | Sub. Sauda |
|---|---|---|---|---|---|
| 02 Jul 2026 | ₹ 0 | -- | ₹ 0 | ₹ 0 | |
| 01 Jul 2026 | ₹ 0 | -- | ₹ 0 | ₹ 0 | |
| 30 Jun 2026 | ₹ 0 | -- | ₹ 0 | ₹ 0 | |
| 29 Jun 2026 | ₹ 0 | -- | ₹ 0 | ₹ 0 | |
| 28 Jun 2026 | ₹ 4 | 3.5% | ₹ 0 | ₹ 0 | |
| 27 Jun 2026 | ₹ 4 | 3.5% | ₹ 0 | ₹ 0 | |
| 26 Jun 2026 | ₹ 4 | 3.5% | ₹ 0 | ₹ 0 | |
| 25 Jun 2026 | ₹ 4 | 3.5% | ₹ 0 | ₹ 0 | |
| 24 Jun 2026 | ₹ 4 | 3.5% | ₹ 0 | ₹ 0 | |
| 23 Jun 2026 | ₹ 4 | 3.5% | ₹ 0 | ₹ 0 | |
| 22 Jun 2026 | ₹ 4 | 3.5% | ₹ 0 | ₹ 0 | |
| 21 Jun 2026 | ₹ 4 | 3.5% | ₹ 0 | ₹ 0 | |
| 20 Jun 2026 | ₹ 4 | 3.5% | ₹ 0 | ₹ 0 | |
| 19 Jun 2026 | ₹ 4 | 3.5% | ₹ 0 | ₹ 0 |
CSM Technologies IPO Dates
| Event | Date |
|---|---|
| Open Date | 24 Jun, 2026 |
| Close Date | 29 Jun, 2026 |
| Allotment Date | 30 Jun, 2026 |
| Refund Date | 01 Jul, 2026 |
| Credit to Demat | 01 Jul, 2026 |
| Listing Date | 02 Jul, 2026 |
CSM Technologies IPO Expected Listing Price
| Basis | Value |
|---|---|
| Issue Price (Upper Band) | ₹113 |
| Current GMP | ₹ 0 |
| GMP-Based Listing Estimate | Not yet available |
| Listing Date | 02 Jul, 2026 |
Disclaimer: The listing price estimate above is based purely on the current grey market premium (GMP) and is not a guaranteed prediction. GMP is an unofficial, unregulated indicator and can change significantly in the 24–48 hours before listing. Do not make investment decisions based solely on GMP.
Is CSM Technologies IPO GMP Reliable?
Grey market premium for CSM Technologies IPO should be interpreted with caution. The GMP is an unregulated, unofficial market not governed by SEBI. Here's how to read the current signal:
- Subscription rate matters: A high GMP paired with strong subscription — especially QIB (Qualified Institutional Buyer) oversubscription — is a more reliable bullish signal than GMP alone. Read our in-depth analysis: GMP vs Subscription Data — Which Predicts Listing Gains Better?
- Timing matters: GMP in the first 1–2 days of subscription is less reliable. GMP on the final subscription day and the day before listing tends to be the most accurate predictor.
- Grey market is thin: For smaller IPOs, even a handful of large orders can swing the GMP significantly. Treat low-volume GMP signals with extra caution.
- Cross-check before acting: Review the CSM Technologies IPO full review for a fundamentals-based assessment before making any grey market trades.
CSM Technologies IPO IPO Kostak Rate Explained
The Kostak rate for CSM Technologies IPO was not active during the subscription period, as no grey market premium was established. Kostak is the fixed amount a grey market buyer pays for an IPO application regardless of allotment outcome.
The Subject to Sauda price was not active for this IPO. Subject to Sauda only applies if allotment is confirmed — the buyer pays a premium on top of the issue price per lot allotted.
Grey market trading is unofficial and unregulated by SEBI. Proceed with full awareness of the associated risks.
About CSM Technologies IPO
CSM Technologies offers a wide range of services including e-governance solutions, enterprise software development, cloud computing, artificial intelligence, data analytics, and IT consulting. Its business model is based on designing, implementing, and maintaining technology-driven solutions for government departments and enterprises, generating revenue through project execution, software licensing, and long-term support contracts. The company has established a strong presence across India and has also expanded its operations to international markets, serving clients in Asia, Africa, the Middle East, and North America.
Strengths & Risks
Strengths
- ✓ Strong Position in GovTech Sector – The company has established itself as a leading provider of digital transformation and e-governance solutions for government organizations.
- ✓ Diverse Industry Presence – CSM serves multiple sectors including mining, agriculture, transport, education, healthcare, and public administration, reducing dependence on a single industry.
- ✓ Long Operating Track Record – With more than two decades of experience, the company has developed strong domain expertise and client relationships.
- ✓ Technology-Driven Service Portfolio – Its offerings in cloud computing, artificial intelligence, data analytics, and enterprise software position it well for future digitalization trends.
- ✓ Recurring Revenue Opportunities – Long-term maintenance contracts, software support services, and repeat government projects provide revenue visibility.
Risks
- ⚠ High Dependence on Government Contracts – A significant portion of revenue comes from government and public sector projects, making the company vulnerable to policy changes and budget allocations.
- ⚠ Project Execution Risks – Delays in implementation, approvals, or client acceptance can impact revenues and profitability.
- ⚠ Intense Competition – The company competes with large IT service providers and specialized technology firms for government and enterprise contracts.
- ⚠ Client Concentration Risk – Dependence on a limited number of large projects or key clients may affect financial performance if contracts are delayed or discontinued.
- ⚠ Technology Obsolescence Risk – Rapid technological changes require continuous investment in innovation, talent, and infrastructure to remain competitive.
Frequently Asked Questions about CSM Technologies IPO
What is the GMP of CSM Technologies IPO?
The current Grey Market Premium (GMP) of CSM Technologies IPO is not yet started or active in the market.
What is the Kostak Price of CSM Technologies IPO?
Kostak rate is the profit made by selling an IPO application before allotment. The current Kostak rate for CSM Technologies IPO is currently not available.
What is the Subject to Sauda Price of CSM Technologies IPO?
Subject to Sauda is the premium amount decided if the allotment is confirmed. The current Subject to Sauda rate is currently not available.
What was the actual listing price of CSM Technologies IPO?
The listing price estimate is not yet available as GMP has not been established for CSM Technologies IPO. Check back closer to the subscription date.
How did the GMP of CSM Technologies IPO trend before listing?
The GMP of CSM Technologies IPO was stable in its final days before listing. The GMP peaked at ₹4 on 28 June 2026. View the day-wise table above for the complete GMP history.
Explore CSM Technologies IPO Further
For a complete picture before making your investment decision, explore these resources:
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