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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.

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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