CSM Technologies IPO
CSM Technologies IPO Details
-
Open Date
24 Jun 2026
-
Close Date
29 Jun 2026
- IPO Price Range
₹ 107 to ₹113
- IPO Size
₹ 146 Cr
CSM Technologies IPO Timeline
Last Updated: 21 June 2026 4:58 AM by 5paisa
CSM Technologies Limited is a technology consulting and digital transformation company specialising in e-governance, enterprise solutions, and IT services. Founded in 1998 and headquartered in Bhubaneswar, Odisha, the company partners with governments, public sector organisations, enterprises, and development agencies to deliver technology-led solutions across sectors such as mining, agriculture, healthcare, education, tourism, and trade facilitation. CSM leverages emerging technologies including AI, cloud, data analytics, cybersecurity, and automation to drive digital innovation and operational efficiency. The company has a strong presence in India and serves clients across international markets.
Established in: 1998
Managing Director: Priyadarshi Pany
Peers:
| Name of Company |
CSM Technologies Limited |
Trigyn Technologies Limited |
Allied Digital Service Limited |
Dev Information Technology Limited |
Silver Touch Technologies Limited |
|
Revenue From Operations (₹ cr) |
199.24 | 898.05 | 807.07 | 170.66 | 288.38 |
|
Face Value (₹ per share) |
10 | 10 | 5 | 2 | 10 |
|
Closing price on October 16, 2026 (₹) |
- | 74.18 | 165.92 | 43.00 | 725.70 |
| EPS Basic (₹) | 3.72 | 3.82 | 4.98 | 6.85 | 17.50 |
| EPS Diluted (₹) | 3.72 | 3.82 | 4.91 | 6.84 | 17.50 |
|
NAV (₹ per share) |
118.73 | 240.71 | 106.73 | 30.45 | 105.44 |
| P/E Ratio | - | 19.42 | 33.79 | 6.29 | 41.47 |
| RoNW (%) | 18.49 | 1.59 | 5.34 | 21.54 | 16.60 |
CSM Technologies Objectives
1. Funding working capital requirements for the company (₹53 Cr)
2. Prepayment or repayment of all or a portion of certain outstanding borrowings availed by the company (₹25.88 Cr)
3. Achieving inorganic growth through unidentified acquisitions and other strategic initiatives and general corporate purposes
4. Net Proceeds
CSM Technologies IPO Size
| Types | Size |
|---|---|
| Total IPO Size | ₹146 Cr |
| Offer For Sale | - |
| Fresh Issue | ₹146 Cr |
CSM Technologies IPO Lot Size
| Application | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 132 | ₹14,124 |
| Retail (Max) | 13 | 1,716 | ₹1,93,908 |
| S - HNI (Min) | 14 | 1,848 | ₹1,97,736 |
| S - HNI (Max) | 67 | 8,844 | ₹9,99,372 |
| B - HNI (Min) | 68 | 8,976 | ₹10,14,288 |
| Particulars (In ₹ Crores) | FY23 | FY24 | FY25 |
| Revenue | 161.50 | 198.7 | 200.63 |
| EBITDA | 27.87 | 23.71 | 29.27 |
| PAT | 15.82 | 12.55 | 14.09 |
| Particulars (In ₹ Crores) | FY23 | FY24 | FY25 |
| Total Assets | 80.02 | 124.45 | 154.55 |
| Share Capital | 6.3 | 6.3 | 6.42 |
| Total Liabilities | 80.02 | 124.45 | 154.55 |
| Cash Flows (₹ Crores) | FY23 | FY24 | FY25 |
| Net Cash Generated From / (used in) Operating Activities | 17.42 | 9.6 | 8.72 |
| Net Cash Generated From / (used in) Investing Activities | -8.23 | -31.87 | -9 |
| Net Cash Generated From / (used in) Financing Activities | -6.06 | 18.8 | 0.31 |
| Net Increase (Decrease) in Cash and Cash Equivalents | 3.13 | -3.49 | 0.07 |
Strengths
1. Strong expertise in GovTech and digital transformation solutions for government agencies.
2. Diversified presence across sectors including mining, agriculture, healthcare, education, tourism, and public services.
3. Long operating track record with 27 years of experience in designing and implementing e-governance platforms.
4. International footprint with operations across multiple countries, including Africa and North America.
Weaknesses
1. Several overseas subsidiaries have reported losses and may continue to remain loss-making.
2. Certain subsidiaries face going-concern concerns due to accumulated losses and negative net worth.
3. Dependence on financial support from the parent company for some overseas operations.
4. Past regulatory non-compliances under the Companies Act requiring compounding applications.
Opportunities
1. Growing demand for e-governance and digital infrastructure solutions for government agencies.
2. Expansion potential through established presence in international markets.
3. Increasing adoption of automation, self-service technologies, and digital transformation initiatives.
4. Ability to leverage sector expertise across public services, agriculture, mining, healthcare, and education.
Threats
1. High dependence on government contracts and public sector spending priorities.
2. Cybersecurity breaches or data security incidents could impact operations and reputation.
3. Order book execution risks, including project delays, modifications, or cancellations.
4. Requirement to furnish substantial bank guarantees, with potential cash-flow impact if invoked.
1. Established GovTech player with 27 years of experience in e-governance and digital transformation solutions.
2. Diversified presence across high-potential sectors including government services, mining, agriculture, healthcare, education, and tourism.
3. Global footprint spanning 12 countries, providing opportunities for international growth and revenue diversification.
4. Strong focus on digital infrastructure, automation, and self-service technologies aligned with increasing technology adoption trends.
CSM Technologies operates in the rapidly growing IT and GovTech sector, driven by increasing digital transformation initiatives across governments and enterprises. The company specialises in e-governance platforms, digital infrastructure, automation, and self-service technologies across sectors such as mining, agriculture, healthcare, education, tourism, and public services. With 27 years of experience and a presence in 12 countries, CSM is positioned to benefit from rising demand for technology-led governance and enterprise solutions. Its international footprint and sector diversification provide additional avenues for long-term growth and market expansion.
- Companies
- Type
- Opening On
- Sri Priyanka Geo Commex
- SME
- 24th Jun
- Pre-Book
-
Dhanwel Hybrid Seeds
- SME
- 24th Jun
- Pre-Book
FAQs
CSM Technologies IPO opens from June 24, 2026 to June 29, 2026.
The size of CSM Technologies IPO is ₹146Cr.
The price band of CSM Technologies IPO is fixed at ₹107 to ₹113 per share.
To apply for CSM Technologies IPO, follow the steps given below:
● Login to your 5paisa demat account and select the issue in the current IPO section
● Enter the number of lots and the price at which you wish to apply for the CSM Technologies IPO.
● Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange.
You will receive a mandate notification to block funds in your UPI app.
The minimum lot size of CSM Technologies IPO is of 132 shares and the investment required is ₹14,916.
The share allotment date of CSM Technologies IPO is June 30, 2026
The CSM Technologies IPO will likely be listed on July 2 2026.
Keynote Financial Services Limited is the book running lead manager for CSM Technologies IPO.
CSM Technologies IPO plans to utilise the raised capital from the IPO for:
1. Funding working capital requirements for the company (₹53 Cr)
2. Prepayment or repayment of all or a portion of certain outstanding borrowings availed by the company (₹25.88 Cr)
3. Achieving inorganic growth through unidentified acquisitions and other strategic initiatives and general corporate purposes
4. Net Proceeds