CSM Technologies IPO — Date, Price Band, GMP & Allotment 2026
CSM Technologies IPO is scheduled to open for subscription on 24 June 2026 and close on 29 June 2026. Founded in 1998 and headquartered in Bhubaneswar, the company is a leading GovTech and digital transformation solutions provider. It offers IT consulting, e-governance platforms, cloud, AI, and enterprise technology services to governments and public sector organizations. The company has a strong presence across India and international markets including the USA, UAE, Canada, Kenya, and Rwanda.
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Stock Price
As the IPO is listed, here is the Live Share Price for CSM Technologies
IPO Summary
What is the CSM Technologies IPO Timetable?
Track the IPO schedule and key events.
| Event | Date | Day |
|---|---|---|
| IPO Open Date | 24 Jun, 2026 | Wednesday |
| IPO Close Date | 29 Jun, 2026 | Monday |
| Basis of Allotment | 30 Jun, 2026 | Tuesday |
| Refunds Initiated | 01 Jul, 2026 | Wednesday |
| Credit to Demat | 01 Jul, 2026 | Wednesday |
| Listing Date | 02 Jul, 2026 | Thursday |
What is the CSM Technologies IPO Lot Size?
Bidding in multiples of 132 shares.
| 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 |
About CSM Technologies
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.
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CSM Technologies Key Performance Indicators (KPIs)
Objects of the Issue
| Issue Object | Estimate Amount |
|---|---|
| Funding working capital requirements of the Company | ₹56.00 Cr. |
| Prepayment or repayment of all or a portion of certain outstanding borrowings availed by Company | ₹22.63 Cr. |
| Achieving inorganic growth through unidentified acquisitions and other strategic initiatives and general corporate purposes |
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.
Company Financials
The CSM Technologies company's financial performance (in ₹ Cr.) is summarized below:
| Metric | 31 Dec 2025 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Revenue | 167.05 | 200.63 | 198.65 |
| EBITDA | 30.07 | 29.27 | 23.71 |
| Net Profit | 14.70 | 14.09 | 12.55 |
| Debt | 30.07 | 29.27 | 23.71 |
| Assets | 206.00 | 154.55 | 124.45 |
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Promoters and Shareholding Details
| Particular | % Share |
|---|---|
| Promoter Holding Pre Issue | 94.90% |
| Promoter Holding Post Issue | 94.90% |
Frequently Asked Questions
What is the GMP of CSM Technologies?
The current Grey Market Premium (GMP) of CSM Technologies is ₹ 0.
What is the CSM Technologies IPO Price Band?
The price band for CSM Technologies IPO is ₹107 to ₹113.
When is the CSM Technologies IPO Allotment?
The allotment date for CSM Technologies IPO is June 30, 2026.
How to check CSM Technologies IPO Allotment Status?
You can check the allotment status on the IPO Allotment Status page or on the registrar's website (KFin Technologies Limited).
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