CSM Technologies IPO allotment: How to check status online on NSE, BSE, KFin Technologies

The basis of allotment of IT solutions provider CSM Technologies will be finalised on Tuesday, June 30. The bid finalisation details will be available on the websites of the NSE, the BSE and KFin Technologies.

The initial public offer was subscribed 1.36 times, with bids for 1,51,28,124 shares against 1,11,30,880 shares on offer, according to BSE data.

The category for retail investors attracted 1.62 times subscription, while the portion for non-institutional investors was subscribed 1.54 times. The quota for Qualified Institutional Buyers (QIBs) got 1.02 times subscription.

The initial share sale sought to raise ₹145.78 crore solely via fresh issuance of shares. It had set a price band of ₹107 to ₹113 per share.

The proceeds from the fresh issue will be used to fund working capital requirements and repay debt, with the remainder allocated towards achieving inorganic growth and general corporate purposes.

CMS Technologies is an IT solution provider that has experience in delivering unique projects for both government and private clients.

CSM Technologies IPO allotment date and time

CSM Technologies IPO allotment will be finalised on Tuesday, June 30, by evening.

Steps to check CSM Technologies IPO allotment status online on NSE

• Open this link in your browser: https://www.nseindia.com/invest/check-trades-bids-verify-ipo-bids
• Select ‘Equity & SME IPO bid details’
• Choose 'CSM' from the 'Select Symbol' list
• Add your PAN and application number
• Press the 'Submit' button

How to check CSM Technologies IPO allotment status online on BSE

• Go to BSE's allotment page: https://bseindia.com/investors/appli_check.aspx
• Keep ‘Equity’ as the issue type
• From the ‘Issue Name’ list, choose 'CSM Technologies Ltd'
• Mention either PAN or IPO application number
• Hit the 'Search' button

CSM Technologies IPO allotment status on KFin Technologies; steps here

• Visit the official website: https://ipostatus.kfintech.com/
• In the ‘Select IPO’ dropdown menu, pick 'CSM Technologies Ltd'
• Identify yourself using your Demat account number, IPO application number or PAN
• Click on ‘Submit’

CSM Technologies IPO listing date and time

Shares of CSM Technologies will be listed on the NSE and the BSE on Thursday, July 2, at 10 am.