CSM Technologies IPO Day 1: Issue opens today. Check GMP, key dates, review. Apply or not?
Summary
CSM Technologies opened its IPO with subscriptions building on day one and an anchor book already completed. The company set the price band at ₹107-113 per share and plans to list on BSE and NSE on 2 July 2026. It operates as an IT solutions provider focused on GovTech and digital transformation across public and private sector projects. The IPO proceeds will fund working capital, debt repayment, and potential acquisitions, which signals future expansion plans. Brokerage views remain mixed, with some firms recommending the issue for long-term investors and others staying cautious on valuation.
Funding
Amount
$2.4M
Total raised
Date
June 23, 2026
Announcement date
Investors
-
Lead investors
Company
csm.tech
Funded company
Classifications
industries
HealthTech
applications
Data Management
AskAI Classifications
Labels
Software Development
AI & Machine Learning
GovTech Solutions
Linked Companies
CSM Technologies Limited
$25M to $50M