Because ₹146 crore issue is not tiny ah,and GovTech angle makes it little more interesting.
The company is looking to raise total ₹146 crore through initial public offering . Price band has been fixed between ₹107 and ₹113 per equity share,with face value of ₹10 each . So anyone planning to apply needs to know this is not random small application setup also .
Investors can apply for minimum 132 equity shares,and after that applications have to be in multiples of 132 shares . IPO will remain open until June 29,2026,while anchor investor bidding is scheduled for June 23 .
And tbh,this is where investors usually stop and calculate whether valuation makes sense or not.
Few key things standing out here:
- Price band is set at ₹107-₹113 per equity share .
- Minimum application size is 132 equity shares .
- CSM Technologies has presence in GovTech,with projects across 20 cities in India and 14 countries globally.
The company says proceeds from this public issue will be used for business expansion,debt repayment,and funding strategic growth initiatives . Basically,CSM Technologies wants to strengthen financial position,expand operations,improve operational efficiency and invest in future projects linked to its growth plans .
But company background is also not new-new . Founded in 1998,CSM Technologies has worked in technology solutions and digital transformation,especially government technology segment. Its projects cover sectors like mining,agriculture,education,healthcare,tourism,and public services.
Financially also,numbers show steady movement rather than some dramatic jump . For nine months ending December 2025,CSM Technologies reported revenue of ₹165.5 crore and net profit of ₹14.7 crore. For fiscal year 2025,revenue was ₹199.24 crore,up slightly from ₹196.71 crore in previous year,while net profit moved from ₹12.54 crore to ₹14.08 crore .
And this is where question becomes more personal for investors . Is steady growth and GovTech experience enough to make this IPO attractive at ₹107-₹113,or will people wait and watch listing mood first…
