CSM Technologies IPO 2026: Dates, price band, lot size

IPO opening dates and what is on offer

CSM Technologies Limited, an Odisha-based IT solutions provider, is scheduled to open its initial public offering (IPO) for public subscription on 24 June 2026. The book-built issue will close on 29 June 2026. The IPO is entirely a fresh issue, meaning there is no offer-for-sale component in the transaction.

The company plans to raise up to ₹145.78 crore through the offering. The issue size is up to 1,29,01,000 equity shares, which is also cited as 1.29 crore shares in market reports. The shares are proposed to list on both BSE and NSE.

Issue structure: 100% fresh issue

As per the Red Herring Prospectus (RHP) details referenced in the market reports, the issue is a Book Building IPO (Fresh Issue Only). With a fully fresh issue, the proceeds from the offer go to the company, unlike an offer-for-sale where selling shareholders receive the money.

The fresh issue comprises up to 1,29,01,000 equity shares. The total issue size is stated as up to ₹145.78 crore, which is also rounded off to about ₹146 crore in several summaries. The face value of each equity share is ₹10.

Price band, face value, and valuation mentioned

CSM Technologies has fixed the IPO price band at ₹107 to ₹113 per share. The upper end of the band is ₹113, and several investor calculations in the disclosures use this cut-off price for estimating application amounts.

At the upper end of the price band, reports state that the company is valued at ₹583.1 crore. This valuation figure is presented alongside the price band announcement and the RHP filing updates.

Anchor book and subscription timeline

The anchor book is scheduled to open for a day on 23 June 2026, ahead of the main subscription window. The public issue will be open from Wednesday, 24 June 2026, to Monday, 29 June 2026.

Post-closure, the basis of allotment is expected to be finalised on 30 June 2026. Refund initiation and credit of shares are expected on 1 July 2026. The tentative listing date is 2 July 2026 on BSE and NSE.

Key dates at a glance

Lot size and minimum bid details

The lot size for the IPO is 132 shares. Investors can bid within the price band of ₹107 to ₹113 per equity share. Market reports cite application examples calculated at the upper price band of ₹113 for ease of comparison across categories.

Based on the upper band, a single retail lot (132 shares) translates to an application amount of ₹14,916. The same set of calculations also outlines higher category thresholds using lot multiples, reflecting how bids are typically structured in mainboard book-built IPOs.

Minimum investment amounts by investor category (upper band)

The following application amounts are stated based on the cut-off price of ₹113 per share:

Market impact: what investors typically track from these details

Because the IPO is a 100% fresh issue of up to ₹145.78 crore, investors generally focus on the company’s stated objectives for raising capital and the operational context provided in the RHP. The price band of ₹107–₹113 sets the range within which bids can be placed, and the final discovered price influences how much capital is ultimately raised within the approved limit.

The timeline also matters for liquidity planning. With allotment expected on 30 June 2026 and listing targeted for 2 July 2026, applicants typically have a short window between subscription close and the expected start of trading. The anchor book on 23 June 2026 can also be a key part of the institutional allocation process ahead of the broader issue.

Analysis: how to read a mainboard, book-built fresh issue

A book-built IPO signals that the final issue price is determined through bids received within the price band rather than being fixed upfront. In this case, the band is ₹107 to ₹113, and application examples have been published at ₹113 to standardise the calculations.

The company’s valuation figure of ₹583.1 crore at the upper end of the band is one of the headline reference points shared alongside the offer details. For many investors, the combination of valuation, issue size, and the fact that there is no offer-for-sale component helps frame how the public issue is positioned and what the share issuance means in terms of capital raising.

Conclusion

CSM Technologies’ mainboard IPO is scheduled to open on 24 June 2026 and close on 29 June 2026, with a price band of ₹107–₹113 and a lot size of 132 shares. The issue is a fully fresh issue of up to 1,29,01,000 shares aggregating up to ₹145.78 crore, and listing is tentatively set for 2 July 2026 on BSE and NSE.

The next milestones to watch on the calendar are the anchor book on 23 June 2026 and the basis of allotment expected on 30 June 2026, followed by refunds and share credit on 1 July 2026.