CSM Technologies IPO
CSM Technologies Limited (CSM) · mainboard IPO on NSE and BSE · 100% Book Building. Listed on 02 July 2026.
Issue details
Listing day
Back-tested estimate (from a model that had only seen earlier years' IPOs): listing gain +0.4% (likely range -16% to +12%), day's high +0.8%, chance of a gain 51%. Actual: 0.0% at the open, 0.0% at the high.
Subscription status
| Category | Shares offered | Shares bid for | Subscribed | |
|---|---|---|---|---|
| QIB (institutions) | 46,15,380 | 47,08,968 | 1.02x | |
| NII (HNI) total | 19,15,650 | 29,58,912 | 1.54x | |
| Big NII (above ₹10 lakh) | 12,77,100 | 21,10,680 | 1.65x | |
| Small NII (₹2-10 lakh) | 6,38,550 | 8,48,232 | 1.33x | |
| Retail | 44,69,850 | 72,23,436 | 1.62x | |
| Employees | 1,30,000 | 2,36,808 | 1.82x | |
| Total | 1,11,30,880 | 1,51,28,124 | 1.36x |
Bids on NSE and BSE together, as published by NSE, as of 29 Jun 2026, 07:00 PM. Shares offered exclude the anchor portion. 44% of all shares bid for were at the cut-off price.
Past IPOs with similar demand
Earlier mainboard IPOs whose QIB, NII and retail subscription and size were closest to CSM Technologies's, and how they listed.
| IPO | QIB | NII | Retail | Total | Size | Listing gain | Day high |
|---|---|---|---|---|---|---|---|
| Laxmi India FinanceJul 2025 | 1.30x | 1.84x | 2.22x | 1.87x | ₹254 Cr | -13.0% | -7.2% |
| PNGS Reva Diamond JewelleryFeb 2026 | 1.04x | 1.54x | 1.29x | 1.23x | ₹400 Cr | -2.9% | +12.2% |
| Euro Pratik SalesSep 2025 | 1.05x | 1.92x | 1.23x | 1.34x | ₹474 Cr | +10.2% | +12.6% |
| Prudent Corporate Advisory ServicesMay 2022 | 1.26x | 0.99x | 1.29x | 1.22x | ₹539 Cr | +3.2% | +3.2% |
| ETHOSMay 2022 | 1.06x | 1.48x | 0.84x | 1.04x | ₹505 Cr | -6.0% | -4.3% |
| Fabtech TechnologiesOct 2025 | 2.02x | 1.97x | 2.08x | 2.03x | ₹402 Cr | +0.5% | +0.8% |
Lead managers and their listing record
| Book running lead manager | Mainboard IPOs since 2019 | Avg listing gain | Listed at a premium |
|---|---|---|---|
| Keynote Financial Services | 5 | +4.8% | 40% |
Offer documents (NSE)
Frequently asked
What is the CSM Technologies IPO price band and lot size? ₹107–113 per share, with a lot of 132 shares, so the smallest retail bid is ₹14,916.
How many times has it been subscribed? 1.36x overall: QIB 1.02x, NII 1.54x, retail 1.62x, employees 1.82x.
How did it list? It opened at ₹113, +0.0% against the issue price of ₹113, and closed its first day -5.0%.
