CSM Technologies IPO

IT Services (Government Digital Solutions) - Listed on 02 July 2026

0.0% listing gain
Issue Price (Upper)
Rs 113
Listing Price
Rs 113
Closing Price (NSE)
Rs 107.35
Total Subscription
1.36x

CSM Technologies IPO listing summary

CSM Technologies (IT Services (Government Digital Solutions)) closed its IPO window in 2026 and listed on NSE and BSE on 02 July 2026 at an upper band issue price of Rs 113, opening at Rs 113 for a listing gain of 0.0% and closing day one at Rs 107.35 (-5.0% on closing basis). The IPO was subscribed 1.36x overall - QIB 1.02x, HNI/NII 1.54x, Retail 1.62x. The total issue size was Rs 145.78 Cr (Fresh Issue Rs 145.78 Cr, OFS Rs 0 Cr). IPO GMP data, subscription trends across Day 1 - Day 3 and Nifty performance around the listing window are detailed below.

About CSM Technologies

IT Services (Government Digital Solutions)

CSM Technologies develops. IT solutions for government and public-sector organisations, including digital platforms, implementation and technology consulting. Its work is typically delivered through institutional contracts and long-running projects. That places. CSM Technologies in a segment where demand can be affected by customer spending, competition and the pace of capacity expansion. For readers studying the business, the sector description is a useful starting point, but it should be read alongside the company’s filings and reported financials. Its day-to-day performance is likely to be read through operating volumes, margins, working capital and the quality of its disclosed customer or project pipeline. This description is intended to explain the company’s business in plain language; the statutory filings remain the source for detailed risks and financial claims.

About CSM Technologies IPO

Issue structure, listing outcome and context

The ���145.78 crore. IPO was a fresh issue priced at ₹113. The offer supported the company’s capital needs, while the shares opened at the issue price and traded lower after listing. It was a fresh issue of ₹145.78 crore, so the company was the direct recipient of the new capital. The stock listed at ₹113, a reported opening gain of 0.00%. Its listing outcome gives context on early market demand, but a first-day move does not by itself establish the long-term value of the business. For a complete view of the offer, readers should check the final prospectus, the exchange listing notice and the company’s subsequent disclosures.

Listing day performance

Listing Gain (Open)
0.00%
Listing Gain (Close)
-5.00%
Day Change After Listing
-5.00%
Retail Quota
35.0%

Subscription breakdown

Final (Day 3) subscription

Number of times each investor category subscribed by close of Day 3.

QIB1.02x
HNI / NII1.54x
Retail1.62x
Overall1.36x

Day-wise overall subscription

How overall subscription built up across the three-day issue window.

Day 10.26x
Day 20.66x
Day 3 (Final)1.36x

CSM Technologies IPO GMP history

Grey market premium (GMP) tracked day-by-day across the IPO window. Absolute GMP is the premium in rupees over the upper issue price; GMP % is that premium as a percent of the issue price.

DayGMP (Rs)GMP %
Day 1Rs 4+3.54%
Day 2Rs 4+3.54%
Day 3Rs 4+2.70%
Day 4Rs 4+3.54%
Day 5Rs 4+3.54%

GMP Prediction vs IPOGyani AI Prediction

Comparison between market-based GMP prediction and IPOGyani's AI-powered listing gain prediction.

GMP Prediction Range
2.7%-3.5%
IPOGyani AI Prediction
1.1%
Actual Listing Gain
0.0%

Prediction Accuracy: 1.1 pp (Highly accurate)

Issue & financials

Issue SizeRs 145.78 Cr
Fresh IssueRs 145.78 Cr
OFSRs 0 Cr
IPO PE29.75
Peer / Sector PE13.76
PE vs Sector Ratio2.16
Latest EBITDA (Cr)14.69
Debt / Equity0.46

Market context at listing

How the broader market moved around the CSM Technologies IPO window. Helpful for isolating how much of the listing gain came from company fundamentals vs. market tailwind.

Nifty 3D Return+1.05%
Nifty 1W Return+1.05%
Nifty 1M Return+1.05%
Nifty during IPO window-0.31%

CSM Technologies IPO - FAQs

What was the listing gain of CSM Technologies IPO?

CSM Technologies IPO listed at 0.0% versus the upper issue price of Rs 113 on 02 July 2026.

How many times was CSM Technologies IPO subscribed?

CSM Technologies IPO was subscribed 1.36x overall. QIB portion was subscribed 1.02x, HNI / NII 1.54x and Retail 1.62x.

What was the IPO GMP for CSM Technologies?

IPO GMP started at Rs 4 on Day 1 and moved to Rs 4 by the close of the issue window. See the day-by-day GMP table above for the full trajectory.

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