Mumbai (Anil Bedag): CSM Technologies Limited, a company known for driving digital transformation in government services and enhancing administrative efficiency through technology, is set to begin a new chapter in the capital markets. The company’s Initial Public Offering (IPO) will open on June 24, 2026, and close on June 29, 2026. The price band has been fixed at ₹107–₹113 per equity share.
Founded in 1998, CSM Technologies is among India’s leading IT companies that have successfully implemented innovative technology projects for both government and private-sector clients. The company is particularly recognized for its expertise in GovTech and digital transformation solutions. Its technology platforms support sectors such as mining, agriculture, education, healthcare, tourism, and public services, helping improve operational efficiency and strengthen citizen-centric service delivery.
Under the IPO, the company will issue 12.9 million fresh equity shares. The proceeds will be utilized for working capital requirements, debt repayment, potential acquisitions, and strategic expansion initiatives.
CSM’s financial performance reflects its growing strength. For the financial year 2024–25, the company reported operating revenue of ₹199.24 crore and a net profit of ₹14.08 crore. Having executed projects across 20 cities in India and 14 countries worldwide, CSM is now preparing to accelerate its growth trajectory through the capital markets.
