return to news
  1. CSM Technologies IPO fully subscribed on Day 3; check allotment date and steps

Market News

CSM Technologies IPO fully subscribed on Day 3; check allotment date and steps

Journalist Kamal Joshi, former Republic TV and latestly news editor, currently associated with Upstox as senior ipo writer.

2 min read | Updated on June 29, 2026, 14:49 IST

SUMMARY

The ₹145.78-crore CSM Technologies IPO, with a price band of ₹107 to ₹113 per share, is only a fresh issuance of shares. The stock will be listed on BSE and NSE.

CSM Technologies Ltd is amongst the few IT solutions companies which have delivered first-of-its-kind projects for private and government sectors. | Image: csm.tech

CSM Technologies Ltd is amongst the few IT solutions companies which have delivered first-of-its-kind projects for private and government sectors. | Image: csm.tech

The initial public offering of IT solutions provider CSM Technologies was fully subscribed on the final day of bidding on Monday, June 29.

The initial share sale attracted bids for 1,24,84,692 shares against 1,11,30,880 shares on offer, leading to 1.12 times subscription, as per NSE data until 2:46 pm.

Open FREE Demat Account within minutes!
Join now

The quota for non-institutional investors fetched 1.43 times subscription. The category for retail investors got subscribed 1.39 times, while the portion meant for qualified institutional buyers received 72% subscription.

The ₹145.78-crore IPO, with a price band of ₹107 to ₹113 per share, is only a fresh issuance of shares.

The fresh issue proceeds will be used to fund working capital neds and repay debt. A part will also be used to achieve inorganic growth and general corporate purposes.

Shares of the company will be listed on BSE and NSE.

Keynote Financial Services Ltd is the issue's bookrunning lead manager.

CMS Technologies is an information solution provider that has delivered unique projects for both government as well as private clients. It specialises in GovTech and digital transformation, providing solutions across sectors like agriculture, mining, education, trade, tourism, healthcare and public services.

CSM Technologies IPO allotment and listing date

CSM Technologies IPO allotment status is expected to be finalised on Tuesday, June 30. The listing on the stock exchanges will take place on July 2.

Advit Jewels IPO Allotment Live Updates: How to check status online on NSE, BSE, Bigshare Services

How to check CSM Technologies IPO allotment status on NSE

Steps to check CSM Technologies IPO allotment status on KFin Technologies

  • Go to this page: https://ipostatus.kfintech.com/
  • In the ‘Select IPO’ dropdown menu, select 'CSM Technologies Ltd'
  • Fill in the IPO application number, Demat account number or PAN.
  • Click on ‘Submit’ to view allotment status

About The Author

Journalist Kamal Joshi, former Republic TV and latestly news editor, currently associated with Upstox as senior ipo writer.
Kamal Joshi is a business journalist who covers markets and IPOs. He places a special focus on in-depth analysis of DRHPs, RHPs and public-issue documents to produce data-driven stories. He covers trends across mainboard and SME IPOs, anchor allocations, subscription status and post-listing performance. He is passionate about breaking news and enjoys playing pickleball, especially flexing his net play. He was previously associated with Republic TV and LatestLY.

Next Story