CSM Technologies Ltd IPO

CSM Technologies Ltd IPO

We are amongst the few IT solutions companies, who have delivered first of its kind projects for government as well as for the private sector. We also specialise in providing GovTech solutions and digital transformation services. We provide technology solutions across sectors such as mining and allied services, government & public services, agriculture and allied services, industry and trade facilitation, education, healthcare and tourism (Source: CARE Report). Incorporated in 1998, we have twenty-seven years of experience in designing, developing, and implementing e-governance platforms and digital infrastructure and operate as a long-term digital transformation partner to government agencies.

CSM Technologies Ltd IPO Details

Total Shares Offered

₹ 1,29,01,000

Offer to Public

TBA

Retail Max (Shares)

₹ 44,69,850

Pre Issue Promoters Holding

₹ 3,67,30,332

Exchange

BSE

Issue size

₹ 145.78 Cr

IPO Open Date

Jun 24, 2026

Close Date

Jun 29, 2026

Lot Size

132

Min Investment

₹ 14,124

Issue Type

Book Building

Listing Date

Jul 2, 2026

CSM Technologies Ltd IPO Dates

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Jun 24, 2026
Opening date
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Jun 29, 2026
Closing date
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Jun 30, 2026
Basis of Allotment
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Jul 1, 2026
Initiation of Refunds
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Jul 1, 2026
Credit of Shares
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Jul 2, 2026
Listing date

Details

SectorType
SectorComputers - Software - Medium
Sub SectorSmall
Issue TypeBook Building

Subscription Status

*Values are in Lakhs

Investor Type

QIB

NII

Retail

Employee

Total

CSM Technologies Ltd Financial Status

Income Statement

Particulars (In Rs. Crores)

Balance Sheet

Particulars (In Rs. Crores)
Particulars (in Rs. Crores)FY23FY22FY21
Revenue from operations199.24196.71160.44
EBITDA35.0932.0026.33
PAT16.3815.7317.30
Total Assets90.3267.7250.07
Share Capital6.426.306.30
Total Borrowings26.7027.8029.14
Operating Activities (Net Cash)22.4321.1518.61
Investing Activities (Net Cash)0.65-21.66-2.41
Financing Activities (Net Cash)26.7027.8029.14
Net Cashflow2.425.083.52

About CSM Technologies Ltd

Our Company was originally incorporated in the name and style of Cybertech Software & Multimedia Private Limited under the provisions of the Companies Act, 1956, pursuant to a certificate of incorporation dated July 15, 1998, issued by the Registrar of Companies, Orissa. Subsequently, in order to create a better brand value in the domestic and international markets, the name of our Company was changed to CSM Technologies Private Limited, pursuant to a certificate of incorporation dated October 13, 2014, issued by the Registrar of Companies, Cuttack. Thereafter, our Company was converted from a private limited company to a public limited company, pursuant to a resolution passed by our Board of Directors at their meeting held on June 18, 2025 and a special resolution passed by our Shareholders at the EGM held on July 11, 2025, following which the name of our Company was changed to CSM Technologies Limited and a fresh certificate of incorporation consequent upon change of name was issued by the Registrar of Companies Central Processing Centre on July 29, 2025.

We are amongst the few IT solutions companies, who have delivered first of its kind projects for government as well as for the private sector. We also specialise in providing GovTech solutions and digital transformation services. We provide technology solutions across sectors such as mining and allied services, government & public services, agriculture and allied services, industry and trade facilitation, education, healthcare and tourism (Source: CARE Report). Incorporated in 1998, we have twenty-seven years of experience in designing, developing, and implementing e-governance platforms and digital infrastructure and operate as a long-term digital transformation partner to government agencies.

Peer Comparison:

  • Trigyn Technologies Limited
  • Allied Digital Service Limited
  • Dev Information Technology Limited
  • Silver Touch Technologies Limited

CSM Technologies Ltd Key Points

Strengths

Deep sectoral expertise across a diversified spectrum of industries.

Proprietary technology driven innovations and patented technology developed in-house.

Extensive geographic footprint with scalable operations across key markets.

Established presence in a high-entry-barrier industry.

Experienced Promoters and Senior Management team, having domain knowledge.

Risk

The company business is heavily dependent on tenders from government authorities, accounting for approximately 63.45%, 74.15%, 69.17% and 77.13% of its revenue from operations for the nine months period ended December 31, 2025, Fiscal 2025, Fiscal 2024 and Fiscal 2023, respectively. However, delays or a lack of tenders from government entities, along with adverse changes in government policies, could materially impact the company business through contract foreclosures, terminations, restructurings, or renegotiations, affecting its operations and financial performance.

Out of the total projects awarded to the company, 70.59%, 100.00%, 91.67% and 91.30% of such projects in the nine months period ended December 31, 2025, Fiscal 2025, 2024 and 2023, respectively were secured through competitive bidding process from government entities. Failures to complete its projects within contractual time may affect the company future business prospects and financial performance. Failures to qualify for, complete or win new contracts could negatively impact its business, potentially affecting the company financial condition, operational results, growth prospects, and cash flow stability.

The company operations is geographically concentrated in the eastern region of India, particularly in the State of Odisha which contributed to 62.56%, 72.97%, 76.76% and 83.95% of its revenue from operations for the nine months period ended December 31, 2025, Fiscal 2025, Fiscal 2024 and Fiscal 2023, respectively. Any adverse developments in these regions could materially affect its business and growth prospects.

Strategy

Grow our business by prioritizing infrastructure improvements, advancing AI/ML innovation, and embracing sustainability, ensuring efficient scalability and maximizing customer value.

Capitalizing on Government initiatives and policies.

Accelerate growth by strategically entering new markets and emerging industries.

Empowering Growth through a scalable and skilled workforce.

How To Apply for CSM Technologies Ltd IPO Online?

Step 1:

Log in to the BlinkX stock market app and click ‘IPO’ in the Xplore section.

Step 2:

From the list of open IPOs, select the IPO you want to invest.

Step 3:

Go through the IPO details like lot size, price band, about the company, etc.

Step 4:

Click ‘Apply IPO’ to apply and enter the number of lots and bidding price along with your UPI ID.

Step 5:

Confirm your bid and accept the payment mandate sent to your UPI App for completing the IPO application.

FAQs on IPO (Initial Public Offering)

What is the issue size of the CSM Technologies Ltd IPO?

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CSM Technologies Ltd's IPO offers shares for up to 145.78 It begins on Jun 24, 2026 and ends on Jun 29, 2026.

What is the price of the CSM Technologies Ltd IPO?

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The price of CSM Technologies Ltd IPO ranges between ₹107 to ₹113 per share.

What are the open and close dates for the CSM Technologies Ltd IPO?

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The CSM Technologies Ltd IPO opens on Jun 24, 2026 and closes on Jun 29, 2026.

When will the CSM Technologies Ltd IPO be allotted?

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The allotment for the CSM Technologies Ltd IPO will be finalised on Jun 30, 2026. The shares will be listed on BSE and NSE on Jul 2, 2026.

What is the minimum lot size required for CSM Technologies Ltd IPO?

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The minimum lot size for CSM Technologies Ltd IPO is 132 shares, priced between ₹107 to ₹113 per share.

What is the GMP of CSM Technologies Ltd IPO?

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The GMP (Grey Market Premium) of CSM Technologies Ltd IPO fluctuates based on market demand and sentiment.

How do you check the allotment status of CSM Technologies Ltd IPO?

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To check the allotment status of CSM Technologies Ltd IPO, visit the registrar's website, select the IPO, enter your PAN Card number, Application Number, or DP Client ID, and click 'search.'

Where is the CSM Technologies Ltd IPO getting listed?

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The CSM Technologies Ltd IPO is getting listed on the BSE and NSE. Bidding opens on Jun 24, 2026, and closes on Jun 29, 2026. The allotment is finalised on Jun 30, 2026.

How do you apply for the CSM Technologies Ltd IPO?

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To apply for the CSM Technologies Ltd IPO, download the BlinkX app, complete KYC, select the IPO, enter bid details, and submit. Verify UPI payment for shares allotment.

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