
Information Technology · NSE / BSE
CSM Technologies, incorporated in 1998, is an IT solutions provider specializing in GovTech and digital transformation for both government and private clients across sectors like mining, agriculture, trade, education, healthcare, tourism, and public services. With 27 years of experience, the company has built e-governance platforms and digital infrastructure that improve efficiency, enable data-driven decisions, and deliver citizen-focused services, while also providing consulting, advisory, and self-service technologies for automating customer-facing processes. Key projects include agricultural platforms like KRUSHAK Odisha, SAFAL, and GO SUGAM; education platforms such as SAMS Odisha, OFSS Bihar, eSikshakosh, and the Unified Scholarship Portal; governance initiatives like AI/ML-based grievance systems Mo Sarkar; industry and trade solutions including the Digital Logistics Management System for JSW Steel; urban development platforms like ILMIS and Property Tax systems in Africa; social protection delivery platforms in India, Ethiopia, and Gambia; investor facilitation portals such as GO-SWIFT in Odisha and Chhattisgarh; analytics dashboards for real-time performance monitoring; and donor aid management systems in Rwanda and Mozambique. As of June 30, 2025, the company had an order book of ₹31,732.96 lakhs and a market presence spanning 12 countries, including India, Ethiopia, Kenya, Rwanda, Gambia, Gabon, the USA, and Canada, serving governments, PSUs, development agencies, and enterprises.
Price Band
₹107 – ₹113
Issue Size
₹1290.10 L Cr
Lot Size
132 shares
GMP
Est. Listing
₹113
at current GMP
Subscribed
1.36x
overall
Open
24 Jun 2026
Close
29 Jun 2026
Allotment
30 Jun 2026
Refund
1 Jul 2026
Demat Credit
2 Jul 2026
Listing
2 Jul 2026
Designated Registrar: Kfin Technologies Limited
Allotment Date
30 Jun 2026
Basis finalization
Refunds Initiate
1 Jul 2026
Mandate release
Demat Credit
2 Jul 2026
Shares in demat
Listing Debut
2 Jul 2026
Trading begins
CSM Technologies Limited is bringing an initial public offering (IPO) in the Information Technology sector with an aggregate issue size of ₹1,29,01,000 Crores. The shares are offered at a price band of ₹107 to ₹113 per equity share on NSE and BSE. Currently, market analysts recommend evaluating the company's financial valuation, price-to-earnings (P/E) multiple, and peer comparison prior to submitting bids.
The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.
Following the close of bidding on 2026-06-29, the basis of allotment is scheduled to be finalized on 2026-06-30. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Kfin Technologies Limited) or the BSE allotment checking window.
Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.
Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.