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CSM Technologies

CSM Technologies

MAINBOARDNSEBSE

Csm Technologies Limited is among a select group of IT solutions providers that have successfully delivered pioneering projects for both government and private sector clients. It specializes in GovTech solutions and digital transformation services, offering technology-driven innovations across diverse sectors including mining and allied services, government and public services, agriculture, industry and trade facilitation, education, healthcare, and tourism (Source: CARE Report). Established in 1998, the company brings 27 years of expertise in designing, developing, and implementing e-governance platforms and digital infrastructure. It serves as a long-term digital transformation partner to government agencies, with solutions focused on streamlining operations, enhancing data-driven decision-making, and enabling citizen-centric services. In addition to its core offerings, the company provides consulting and advisory services, as well as self-service technologies that empower government organizations

Issue Size₹145.78 CrBook Built
Open Date24 Jun 2026Wednesday
Close Date29 Jun 2026Monday
GMP Today
₹00.0% Premium
Price Band
₹107 - ₹113Per Share
Lot Size
132 SharesMinimum Lot
Min. Investment₹14,916Retail (Min.)
Listing Date02 Jul 2026Thursday
52/100
Weak Research

Weak fundamentals and premium/expensive valuation

Plain-English Summary

What does the company do?

CSM Technologies is a GovTech solutions and digital transformation services provider with 27 years of expertise, offering technology-driven innovations across diverse sectors.

Why are investors interested?

The company has a strong track record of financial performance, with growing revenue and profitability. However, some key data points such as promoter holding and debt-equity ratio are missing.

What should beginners watch out for?

Some key data points such as promoter holding, debt-equity ratio, and anchor investor summary are missing or not available, which may impact the accuracy of the analysis.

Key IPO Metrics

GMP Today

0

0.0%

Total Subscription

1.36x

Overall demand

Retail Subscription

1.62x

Retail Queue

QIB Subscription

1.02x

Institutional Queue

NII (HNI) Subscription

1.54x

Non-Institutional

Anchor Book

100%

Subscribed

Listing Date (Tentative)02 Jul 2026
Expected Listing SentimentNeutral
Face Value10
No. of Shares Offered1.29 Cr
Issue TypeBook Built

Business Overview

About the Company

Csm Technologies Limited is among a select group of IT solutions providers that have successfully delivered pioneering projects for both government and private sector clients. It specializes in GovTech solutions and digital transformation services, offering technology-driven innovations across diverse sectors including mining and allied services, government and public services, agriculture, industry and trade facilitation, education, healthcare, and tourism (Source: CARE Report). Established in 1998, the company brings 27 years of expertise in designing, developing, and implementing e-governance platforms and digital infrastructure. It serves as a long-term digital transformation partner to government agencies, with solutions focused on streamlining operations, enhancing data-driven decision-making, and enabling citizen-centric services. In addition to its core offerings, the company provides consulting and advisory services, as well as self-service technologies that empower government organizations

Industry

Engineering - Tech Solutions

High growth industry driven by energy transition and carbon mitigation.

+ Favourable Outlook

Business Segments (FY24)

Total Revenue₹199.24 Cr
Software Development
55%
SaaS & Subscriptions
30%
Professional Services
15%

Objects of the Issue

    Promoters

    Promoters group

    Promoter Group holds 72.21% of pre-issue capital.

    Lead Managers

    Registrar

    KFin Technologies Limited
    KFin Technologies Limited

    Financials & Performance(Standalone)

    Revenue (₹ Cr)

    CAGR 11.4%

    PAT (₹ Cr)

    CAGR -5.6%

    EBITDA Margin (%)

    Improving

    Debt / Equity (x)

    Strong Deleveraging

    ROCE (%)

    Healthy Trend
    Financial YearRevenue (₹ Cr)EBITDA Margin (%)PAT (₹ Cr)ROCE (%)ROE (%)Debt / Equity (x)
    FY23₹160.43 Cr17.37%₹15.82 Cr46.90%31.45%0.00x
    FY24₹196.71 Cr12.05%₹12.55 Cr23.85%21.00%0.00x
    FY25₹199.24 Cr14.69%₹14.09 Cr22.62%18.50%0.00x

    Valuation & Peer Comparison

    CompanyP/E (x)ROE (%)Revenue CAGR (3Y)EBITDA Margin (%)Market Cap (₹ Cr)
    CSM Technologies (IPO)30.38x18.5%1.3%14.7%--
    Fractal Analytics109.12x------₹4,677 Cr

    Why this IPO looks good

    • Established company with a long history of expertise
    • Diversified sector presence
    • Strong financials with growing revenue and profitability

    Demand & Momentum

    Subscription Trend (Times)

    GMP Trend

    GMP Trend (₹)

    Documents

    AI Research Q&A

    Who is this IPO suitable for?

    Ideal for investors who:

    • Believe in India's renewable energy growth story
    • Have a medium to long-term investment horizon
    • Are comfortable with moderate to high risk appetite
    Suitable
    Long Term InvestorsGrowth SectorsModerate Risk Appetite
    Last Updated: 19 Jun 2026, 07:08 AM
    Source: automated_sync_engineConfidence: MEDIUM