CSM Technologies IPO Price: ₹107 to ₹113 per share
IPO Dates: 24 to 29 Jun, 2026
Company Overview
Incorporated in 1998, CSM Technologies is a leading IT solutions and digital transformation company specializing in GovTech solutions. The company delivers technology-driven projects for both government and private sector clients across industries such as mining, agriculture, trade, education, healthcare, tourism, and public services.
Business Operations
With over 27 years of experience, CSM Technologies develops e-governance platforms and digital infrastructure solutions that help governments and enterprises improve operational efficiency, enable data-driven decision-making, and deliver citizen-centric services. The company also provides consulting, advisory, and self-service technology solutions for process automation and customer engagement.
Order Book
As of March 31, 2026, the company’s order book stood at ₹35,763.17 lakhs.
Key Projects
Agriculture
- KRUSHAK Odisha farmer empowerment platform
- SAFAL credit facilitation system
- GO SUGAM single-window platform for fisheries and animal resources
- Kenya Seed Certification Project
- Ethiopia Wheat Rust Warning System
- National Soil Information System
Education
- SAMS Odisha student management platform
- OFSS Bihar admission platform
- eSikshakosh
- Unified Scholarship Portal
- Multiple award-winning education technology initiatives
Governance
- Mo Sarkar AI/ML-based grievance redressal platform
- Integrated citizen feedback systems with call center and analytics capabilities
Industry & Trade
- Digital Logistics Management System for JSW Steel
- Solutions subsequently adopted by state governments
Urban Development
- ILMIS platforms
- Property Tax Management Systems
- City administration platforms across African countries
Social Protection
- Social Protection Delivery Platform (SPDP) in India, Ethiopia, and Gambia
Investor Facilitation
- GO-SWIFT Odisha
- Single-window clearance systems in Chhattisgarh, AURIC (Aurangabad), and Himachal Pradesh
Analytics & Dashboards
- Real-time governance and performance monitoring platforms for Odisha and Chhattisgarh
Donor Aid Management
- Digital grant and aid management platforms in Rwanda and Mozambique
Geographic Presence
The company operates across 12 countries, including:
- India
- Ethiopia
- Kenya
- Rwanda
- Gambia
- Gabon
- United States
- Canada
Workforce
As of March 31, 2026, CSM Technologies had 1,327 employees.
Competitive Strengths
- Deep sectoral expertise across multiple industries
- Proprietary technology innovations and in-house patented solutions
- Extensive international presence with scalable operations
- Strong position in a high-entry-barrier industry
- Experienced promoters and senior management team with domain expertise
- Consistent track record of healthy financial performance
Bidding Starts In
CSM Technologies IPO Specifics:
| IPO Date | 24 to 29 Jun, 2026 |
| Listing Date | Thu, Jul 2, 2026 |
| Face Value | ₹10 per share |
| Price Band | ₹107 to ₹113 |
| Lot Size | 132 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Total Issue Size | 1,29,01,000 shares (agg. up to ₹146 Cr) |
| Fresh Issue | 1,29,01,000 shares (agg. up to ₹146 Cr) |
| Share Holding Pre Issue | 3,87,02,472 shares |
| Share Holding Post Issue | 5,16,03,472 shares |
CSM Technologies IPO Timetable (Important Dates)
| Event | Date |
|---|---|
| IPO Open | Wed, Jun 24, 2026 |
| IPO Close | Mon, Jun 29, 2026 |
| Allotment | Tue, Jun 30, 2026 |
| Refund | Wed, Jul 1, 2026 |
| Credit of Shares | Wed, Jul 1, 2026 |
| Listing | Thu, Jul 2, 2026 |
CSM Technologies IPO Lot Size
Bidders have the opportunity to bid for a minimum of 132 shares, with the option to increase in multiples. The table below outlines the minimum and maximum investment thresholds for both retail investors and High Net Worth Individuals (HNIs), specifying the corresponding number of shares and amounts involved.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 132 | ₹14,916 |
| Retail (Max) | 13 | 1,716 | ₹1,93,908 |
| S-HNI (Min) | 14 | 1,848 | ₹2,08,824 |
| S-HNI (Max) | 67 | 8,844 | ₹9,99,372 |
| B-HNI (Min) | 68 | 8,976 | ₹10,14,288 |
CSM Technologies IPO Reservation
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not less than 50% of the Offer Size |
| Retail Shares Offered | Not more than 35% of the Offer |
| NII Shares Offered | Not more than 15% of the Offer |
CSM Technologies IPO Financial Information
| Particulars (₹ Cr) | 31 Dec 2025 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|---|
| Assets | 206.00 | 154.55 | 124.45 | 80.02 |
| Total Income | 167.05 | 200.63 | 198.65 | 161.50 |
| Profit After Tax | 14.70 | 14.09 | 12.55 | 15.82 |
| EBITDA | 30.07 | 29.27 | 23.71 | 27.87 |
| Net Worth | 88.88 | 76.18 | 59.75 | 50.31 |
| Reserves & Surplus | 56.29 | 73.21 | 55.88 | 45.69 |
Key Performance Indicator – CSM Technologies IPO
| KPI | Value |
|---|---|
| ROE | 20.73% |
| ROCE | 22.62% |
| Debt/Equity | 0.46 |
| RoNW | 18.49% |
| PAT Margin | 7.02% |
| EBITDA Margin | 14.69% |
| Price to Book Value | 0.95 |
| EPS (₹) | 3.64 |
| P/E (x) | 31.05 |
| Promoter Holding | 94.90% |
| Market Cap | ₹583.12 Cr. |
Prospectus Links:
Prospectus: Official documents that provide detailed information about the IPO and the company.
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