Minimum Investment
About Company
Company Name: CSM Technologies Limited
Industry / Sector: IT Services & Consulting (GovTech & Digital Transformation)
Founded Year: 1998
Promoters: Priyadarshi Pany, Lagna Panda
CSM Technologies is a leading GovTech and digital transformation company with 27+ years of experience. It specializes in building e-governance platforms, custom IT solutions, and digital infrastructure for government and private clients across sectors like agriculture, education, mining, healthcare, and public services. The company has a strong international presence in 12+ countries and an order book of ₹357.63 Cr as of March 31, 2026.
IPO Basic Details
| Company Name | CSM Technologies Limited |
| IPO Type | Mainboard IPO |
| Price Band | ₹107 – ₹113 |
| Lot Size | 132 Shares |
| Total Issue Size | 1,29,01,000 Equity Shares (₹145.78 Cr) |
IPO Strengths & Risks
Strengths
- Deep sectoral expertise in government projects
- Proprietary technology and patented innovations
- Extensive geographic footprint (12+ countries)
- Strong order book of ₹357.63 Cr
- Experienced promoters and management team
- Track record of healthy financial performance and awards
Risks
- High dependence on government contracts
- Intense competition in IT sector
- Working capital intensive operations
- Execution risks in large projects
- Valuation concerns
IPO Important Dates
| IPO Open Date | 24 Jun 2026 |
| IPO Close Date | 29 Jun 2026 |
| Basis of Allotment | 30 Jun 2026 |
| Refund Initiation | 01 Jul 2026 |
| Demat Credit Date | 01 Jul 2026 |
| Listing Date | 02 Jul 2026 |
| Anchor Investor Date | - |
| UPI Mandate Deadline | - |
IPO Objectives
- Capital expenditure for machinery and equipment – -
- Funding working capital requirements – -
- Debt repayment – -
- General corporate purposes – -
Investor Reservation
| QIB Quota | Not more than 50% of the Net Issue |
| Retail Quota | Not less than 35% of the Net Issue |
| HNI Quota | - |
| Employee Quota | - |
| Shareholder Quota | - |
| Anchor Investor Allocation | - |
Market Lot Details
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 Lot | 132 | ₹14,916 |
| Retail Maximum | - | - | - |
| S-HNI Minimum | 14 Lots | 1,848 | ₹2,08,824 |
| S-HNI Maximum | - | - | - |
| B-HNI Minimum | 68 Lots | 8,976 | ₹10,14,288 |
Key Performance Indicators (KPI)
| ROE | 23.75% (Dec 2025) |
| ROCE | 24.40% (Dec 2025) |
| RoNW | - |
| PAT Margin | 8.80% (Dec 2025) |
| EBITDA Margin | 18.16% (Dec 2025) |
| EPS | ₹3.64 (Pre) / ₹3.80 (Post) |
| NAV per share | - |
| Debt to Equity | 0.86 (Dec 2025) |
| P/E Ratio | - |
| Industry P/E | - |
Company Financial Data
| Period | Assets | Total Income | PAT | EBITDA | Net Worth | Borrowings |
|---|---|---|---|---|---|---|
| 9M FY2026 (31 Dec 2025) | ₹206.00 Cr | ₹167.05 Cr | ₹14.70 Cr | ₹30.07 Cr | ₹88.88 Cr | Not specified |
| FY2025 (31 Mar 2025) | ₹154.55 Cr | ₹200.63 Cr | ₹14.09 Cr | ₹29.27 Cr | ₹76.18 Cr | Not specified |
| FY2024 | ₹124.45 Cr | ₹198.65 Cr | ₹12.55 Cr | ₹23.71 Cr | ₹59.75 Cr | Not specified |
| FY2023 | ₹80.02 Cr | ₹161.50 Cr | ₹15.82 Cr | ₹27.87 Cr | ₹50.31 Cr | Not specified |
Grey Market Premium
| GMP Price | Not Available |
| Kostak Rate | Not Available |
| Subject to Sauda | Not Available |
| Last Updated | Jun 2026 |
| Estimated Listing Price | TBA |
IPO Subscription Data
| Total Subscription | Pending |
| QIB (Ex Anchor) | Pending |
| HNI Subscription | Pending |
| Retail Subscription | Pending |
| Anchor | - |
IPO Intermediaries
Registrar: Kfin Technologies Ltd.
Registrar Website: https://ipostatus.kfintech.com
IPO Lead Manager(s)
Company Information
Address: Plot No - E/56, Infocity-1, Chandrasekharpur, Dist.: Khurda, Khordha, Bhubaneswar, Odisha - 751024
Website: https://www.csm.tech
Email: secretarial@csm.tech
Phone: +91 674 6635900
IPO Documents
Frequently Asked Questions (FAQ)
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