CSM Technologies IPO was subscribed 1.37 times
Allotment is due on June 30; listing is scheduled for July 2
GMP stands at Rs 0, indicating a flat listing around Rs 113
CSM Technologies IPO was subscribed 1.37 times
Allotment is due on June 30; listing is scheduled for July 2
GMP stands at Rs 0, indicating a flat listing around Rs 113
The initial public offering (IPO) of IT solutions provider CSM Technologies was subscribed 1.37 times the shares on offer by the final day of bidding. The issue received bids for around 15.20 million shares against 11.10 million shares available for subscription. The IPO was open for public subscription between June 24 and June 29, 2026.
CSM Technologies will finalise the share allotment on June 30, 2026. Refunds for unsuccessful applicants are expected to be processed on July 1, 2026, while shares will be credited to the demat accounts of successful bidders on the same day. The stock is scheduled to list on both NSE and BSE on July 2, 2026.
Issue Size: CSM Technologies raised Rs 145.78 crore through its IPO, which comprised entirely a fresh issue of 12.90 million equity shares.
Price Band, Lot Size, Minimum Investment: The issue was priced in the range of Rs 107 to Rs 113 per share, with a lot size of 132 shares. Retail investors were required to invest a minimum of Rs 14,916 for one lot, based on the upper price band.
Objectives: The company plans to utilise the net proceeds towards funding its working capital requirements, prepayment or repayment of certain outstanding borrowings, achieving inorganic growth through acquisitions and strategic initiatives, and for general corporate purposes.
BRLMs, Registrar: Keynote Financial Services is the book-running lead manager, while KFin Technologies is the registrar to the issue.
CSM Technologies IPO shares' grey market premium (GMP) last traded at Rs 0 per share as of June 30, 2026, 2:54 PM, according to market trackers.
Based on the current GMP and the upper price band of Rs 113, the estimated listing price is around Rs 113 per share, indicating a flat listing.
The GMP remained at Rs 4 through most of the subscription period before slipping to Rs 0 on the closing day and remaining unchanged on the allotment day, signalling subdued grey market sentiment.
It is important to note that GMP is an unofficial indicator of market sentiment and should not be treated as a reliable predictor of listing-day performance.
Applicants can check their allotment status on the official websites of NSE, BSE, and the registrar of the issue, KFin Technologies.
Go to NSE's official website
Navigate to the "Invest" tab and click on the "Resources & Tools" section
Click on "Check Trades/Bids" and select "Verify IPO Bids"
Open "Equity & SME IPO Bid Details"
Select "CSM Technologies" under the symbol option
Enter your PAN or application number
Click on "Submit" to view your allotment status
Go to the official website of BSE
Click on the "Investors" section
Go to "Investor Services" and select "Status of the Issue Application"
Click on "Check Status" or "Application Status Check"
Select issue type as "Equity"
Choose "CSM Technologies" in the issue name
Enter your application number or PAN
Complete the captcha verification and click "Search"
Go to the official website of KFin Technologies
Select "CSM Technologies IPO" from the list of public issues
Enter any one of the following details:
PAN
Application number
DP ID/Client ID
Bank account number or IFSC code
Complete the captcha verification, if applicable
Click on "Submit" to view your allotment status.