Investors who applied for the CSM Technologies IPO are now eagerly waiting for the share allotment.
The IPO closed for subscription on June 29, 2026, and received an overall subscription of 1.36 times, according to provisional exchange data.
The basis of allotment is expected to be finalised on June 30, 2026.
Once the process is complete, successful applicants will receive shares in their demat accounts, while refunds will be initiated for those who do not receive an allotment.
How to Check CSM Technologies IPO Allotment Status
If you applied for the IPO, you can easily check your allotment status online through the NSE, BSE, or KFin Technologies website.
Check Allotment Status on NSE
Visit the NSE IPO allotment page.
Click on ‘Equity and SME IPO Bid Details’.
Select CSM Technologies from the drop-down menu.
Enter your PAN and application number.
Click Submit to view your allotment status.
Check Allotment Status on BSE
Open the BSE IPO allotment page.
Select ‘Equity’ under the issue type.
Choose CSM Technologies Limited.
Enter your PAN or application number.
Click Search to check your allotment.
Check Allotment Status on KFin Technologies
Visit the KFin Technologies IPO status portal.
Select CSM Technologies from the company list.
Enter your PAN, application number, or demat account details.
Click Submit to see the result.
CSM Technologies IPO Subscription Details
The IPO saw decent demand across all investor categories.
Retail Investors: 1.62 times
Non-Institutional Investors (NIIs): 1.54 times
Qualified Institutional Buyers (QIBs): 1.02 times
Overall Subscription: 1.36 times
Key IPO Details
The CSM Technologies IPO is worth Rs 145.78 crore and consists entirely of a fresh issue of 1.29 crore equity shares.
The company fixed the price band at Rs 107 to Rs 113 per share.
The public issue remained open for subscription from June 24 to June 29, 2026.
Investors had to apply for a minimum of 132 shares.
At the upper price band of Rs 113 per share, the minimum investment required for retail investors was Rs 14,916.
Expected Listing Date
The shares of CSM Technologies are expected to be listed on both the NSE and BSE on July 2, 2026, subject to the completion of all regulatory formalities.
How Will the Company Use the IPO Funds?
CSM Technologies plans to use the money raised through the IPO to support its future growth.
A major portion of the proceeds will be used to meet working capital requirements and repay or prepay certain borrowings.
The company also plans to use the funds for business expansion through acquisitions and for other general corporate purposes.
About CSM Technologies
Founded in 1998 and headquartered in Bhubaneswar, Odisha, CSM Technologies is an IT company focused on digital transformation and e-governance solutions.
Over the past two decades, the company has worked with government departments and enterprises in India and overseas.
Its technology solutions have been used across sectors such as mining, agriculture, education, healthcare, tourism, public services, industry, and trade.
CSM Technologies offers services including software development, cloud computing, artificial intelligence (AI), IoT solutions, analytics, business intelligence, enterprise technologies, and digital transformation consulting.
The company also provides advisory services and develops digital platforms that help organisations automate processes, improve efficiency, and deliver better services to citizens and businesses.
