CSM Technologies IPO Review
CSM Technologies Limited, a company that specialises in providing GovTech solutions and digital transformation services, plans to raise ₹146 crores through an IPO.
[Fresh Issue ₹146 Cr + OFS NIL]
Csm Technologies IPO price: ₹107 – ₹113 per share.
CSM Technologies: History
The Company was originally incorporated in the name and style of Cybertech Software & Multimedia Private Limited, a private limited company under the Companies Act, 1956, on July 15, 1998.
The Company was then converted into a public limited company on July 11, 2025, under a special resolution passed by the shareholders.
Its name was subsequently changed to CSM Technologies Limited, and a fresh certificate of incorporation was issued by the RoC on July 29, 2025.
CSM Technologies: Business
Incorporated in 1998, CSM Technologies Ltd has 27 years of experience in designing, developing, and implementing e-governance platforms & digital infrastructure, and operates as a long-term digital transformation partner to government agencies.
According to the CARE Report, CSM provides technology solutions across sectors such as –
- Agriculture and allied services,
- Education,
- Government & public services,
- Healthcare,
- Industry and trade facilitation,
- Mining and allied services, and
- Tourism.
Key Interventions
The Company also offers consulting and advisory services and provides self-service technologies that enable government organisations and corporate clients to migrate, automate, and manage customer-facing business processes through self-service channels.
The solutions provided by CSM are aimed at streamlining operations, improving data-driven decision-making, and facilitating citizen-centric services.
As of June 30, 2025, CSM has an outstanding Order Book size of ₹31,732.96 lakhs.
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Company Presence
As of the date of this DRHP (Draft Red Herring Prospectus), CSM has a presence in 12 countries, including India, Ethiopia, Gambia, Gabon, Kenya, Rwanda, the United States of America, and Canada.
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Strategies Ahead
- Grow business by prioritizing infrastructure improvements,
- Advancing AI/ML innovation and embracing sustainability,
- Capitalizing on Government initiatives and policies,
- Accelerate growth by strategically entering new markets and emerging industries.
- Empowering Growth through a scalable and skilled workforce
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Company Promoters
- Priyadarshi Pany,
- Lagna Panda.
Refer to CSM Technologies DRHP for further details.
IPO Details
ipo date: 24 June – 29 June 2026
Minimum Amount: ₹14,916
Minimum Bid: 132 Shares
Face Value: INR 10 per share
Listing On: NSE, BSE
Financial
Book Running Lead Manager
Keynote Financial Services
CONCLUSION
Considering financial performance and the nature of the business in mind, FinBlab recommends ‘ MAY SUBSCRIBE‘ ratings (keeping a long-term view in mind) on CSM Technologies IPO.
Do come back to know more about upcoming IPOs.
Disclaimer: This article is purely for informational purposes.
While much time and effort is made to provide the information, I (Vishal Dalwadi) or (FinBlab) do not guarantee the accuracy, correctness, completeness or reliability of any information or data displayed herein and shall not be held responsible.
