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CSM Technologies IPO Opens June 24: Company Announces Fresh Issue of 1.29 Crore Equity Shares

  • Price band fixed at ₹ 107 – ₹ 113 per equity share of face value of Rs 10 each (“Equity Shares”).
  • Bid/Issue will open on Wednesday, June 24, 2026, and close on Monday, June 29, 2026. The Anchor Investor Bidding Date shall be Tuesday, June 23, 2026.
  • Bids can be made for a minimum of 132 Equity Shares and in multiples of 132 Equity Shares thereafter.

CSM Technologies Limited is set to enter the primary markets with its initial public offering (IPO), with the subscription window opening on Wednesday, June 24, 2026, and closing on Monday, June 29, 2026.

The offering comprises a fresh issue of up to 1,29,01,000 equity shares with a face value of ₹10 each, aimed at strengthening the company’s growth plans. Prior to the issue, the company has 3,87,02,472 outstanding equity shares of face value ₹10 each.

The proceeds from the Fresh Issue will be utilised towards funding working capital requirements of the Company, prepayment or repayment of all or a portion of certain outstanding borrowings availed by the Company, achieving inorganic growth through unidentified acquisitions and other strategic initiatives, and general corporate purposes (collectively, the “Object of Issue”).

Keynote Financial Services Limited is the book running lead manager to the Issue (“Book Running Lead Manager” or “BRLM”).

KFin Technologies Limited is the Registrar to the Issue (“Registrar to the Issue”).

The Equity Shares are being issued through the red herring prospectus of the Company dated June 17, 2026 (the “RHP”) filed with the Registrar of Companies, Orissa at Cuttack (the “RoC”), Securities and Exchange Board of India (“SEBI”) along with corrigendum to the RHP dated June 19, 2026 and are proposed to be listed on BSE Limited (“BSE”) and National Stock Exchange of India Limited (“NSE”, collectively the “Stock Exchanges”).

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