CSM Technologies Limited

Total Issue Size

₹145.78 Cr

1,29,01,000 shares

Fresh Issue

₹145.78 Cr

1,29,01,000 shares

Offer for Sale

₹0 Cr

Face Value

₹10 per share

Issue Type

Book-built IPO

Listing At

BSE, NSE

Shares Pre-Issue

3,87,02,472

Shares Post-Issue

5,16,03,472

1. Offer opens

   24 Jun 2026

2. Offer closes

   29 Jun 2026

3. Allotment

   30 Jun 2026

4. Listing

   2 Jul 2026

• Anchor13.7%17,70,120 shares
• QIB35.8%46,15,380 shares
• HNI14.8%19,15,650 shares
• Retail34.6%44,69,850 shares
• Employee1.0%1,30,000 shares

Incorporated in 1998, CSM Technologies is one of the few IT solution providers that have delivered unique projects for both government and private clients. It specializes in GovTech and digital transformation, offering solutions across sectors like mining, agriculture, trade, education, healthcare, tourism, and public services. The company has 27 years of experience in building e-governance platforms and digital infrastructure, working as long-term partners for government agencies. Its solutions help improve efficiency, enable data-driven decisions, and deliver citizen-focused services. The company also provides consulting, advisory, and self-service technologies to help governments and businesses automate and manage customer-facing processes. As on March 31, 2026, its order book stood at Rs 35,763.17 lakhs. Key Projects Agriculture: Farmer empowerment systems like KRUSHAK Odisha , SAFAL (credit facilitation), and GO SUGAM (single-window for fisheries/animal resources). International projects include Kenya’s seed certification, Ethiopia’s Wheat Rust Warning System, and National Soil Information System. Education: Platforms like SAMS Odisha (student management), OFSS Bihar (admissions), eSikshakosh , and the Unified Scholarship Portal . These projects have won national awards. Governance: AI/ML-based grievance systems like Mo Sarkar , integrating call centers and analytics for real-time feedback. Industry & Trade: Digital Logistics Management System for JSW Steel, later adopted by state governments. Urban Development: Systems like ILMIS , Property Tax, and city administration platforms in Africa. Social Protection: Social Protection Delivery Platform (SPDP) in India, Ethiopia, and Gambia for welfare targeting. Investor Facilitation: GO-SWIFT in Odisha, and similar single-window systems in Chhattisgarh, Aurangabad (AURIC), and Himachal Pradesh. Analytics & Dashboards: Real-time performance monitoring for Odisha and Chhattisgarh. Donor Aid Management: Digital platforms in Rwanda and Mozambique for tracking grants and aid. As at March 31, 2026, our Company has 1,327 employees. Its market presence spans across 12 countries, including India, Ethiopia, Kenya, Rwanda, Gambia, Gabon, the USA, and Canada. Its customer base comprises governments, PSUs, development agencies, and enterprises. Competitive strengths Deep sectoral expertise across a diversified spectrum of industries Proprietary technology driven innovations and patented technology developed in-house Extensive geographic footprint with scalable operations across key markets Established presence in a high-entry-barrier industry Experienced Promoters and Senior Management team, having domain knowledge Track record of healthy financial performance

• Funding working capital requirements of the Company (₹56.00 Cr)
• Prepayment or repayment of all or a portion of certain outstanding borrowings availed by Company (₹22.63 Cr)
• Achieving inorganic growth through unidentified acquisitions and other strategic initiatives and general corporate purposes (₹50.16 Cr)
• Issue Expenses (₹17.00 Cr)

• Priyadarshi Pany
• Lagna Panda

Book running lead managers

• Keynote Financial Services Ltd.

Registered office

Plot No-E/56, Infocity-1, Chandrasekharpur, Dist.: Khurda, Khordha, Bhubaneshwar, Odisha, 751024

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• RHPRed Herring Prospectus
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