CSM Technologies IPO Day 3: Issue booked 66% so far. Check GMP, key dates, review. Should you apply or skip?

CSM Technologies IPO, open from 24-29 June 2026, was subscribed 66% on Day 3 with a grey market premium of Rs 4, pointing to an estimated listing price of Rs 117 (3.54 percent above the upper band of Rs 113). The company had raised Rs 20 crore from anchor investors including Nova Global Opportunities Fund, PCC-Touchstone and Zeal Global Opportunities Fund. Brokerages were divided, with Anand Rathi assigning a Subscribe-Long Term rating while Swastika Investmart and SBI Securities maintained Neutral ratings over valuation and working capital concerns.