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Announced Tue, 23 Jun · 11:55 IST

CSM Technologies IPO opens on Wednesday: GMP, other key details of ₹146 crore public issue in 10 points

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Awaiting price reaction for this filing.

AI summary

CSM Technologies, an IT solutions company specialising in GovTech and digital transformation, is set to open its mainboard IPO on Wednesday, 24 June, with subscription closing on Monday, 29 June. The entirely fresh issue of about 1.29 crore shares aims to raise around Rs 146 crore at a price band of Rs 107-113 per share, with proceeds earmarked for working capital, debt repayment, and business expansion. Grey market premium of around Rs 4 indicates a modest listing premium of about 3.5 percent.