CSM Technologies IPO IPO Subscription Status
The CSM Technologies IPO IPO is open for subscription until 29 June 2026. Overall subscription stands at 0.26x based on shares applied. NII at 0.53x, and retail at 0.40x.
Allotment will be finalised on 30 June 2026. The stock is scheduled to list on NSE and BSE on 2 July 2026.
Issue Price
Rs 113.00
GMP Today
Rs 4.00 (+3.54%)
Overall Subscription
0.26x
Issue Size
₹145.78 Cr
Allotment Date
30 Jun 2026
Listing Date
2 Jul 2026
CSM Technologies IPO IPO Subscription by Amount
Category-wise subscription based on amount applied at issue price Rs 113.00
| Category | Amount Offered | Amount Applied | Subscription |
|---|---|---|---|
| QIB | Rs 52.15 Cr | - | - |
| FII | - | - | - |
| DFI | - | - | - |
| Mutual Funds | - | - | - |
| Other | - | - | - |
| NII | Rs 21.65 Cr | Rs 11.40 Cr | 0.53x |
| bNII (above Rs 10L) | Rs 14.43 Cr | Rs 10.18 Cr | 0.71x |
| Corporate | - | - | - |
| Individual | - | Rs 10.18 Cr | - |
| Other | - | - | - |
| sNII (Rs 2L to Rs 10L) | Rs 7.22 Cr | Rs 1.23 Cr | 0.17x |
| Corporate | - | - | - |
| Individual | - | Rs 1.19 Cr | - |
| Other | - | Rs 4.18 L | - |
| Retail | Rs 50.51 Cr | Rs 20.20 Cr | 0.40x |
| Cut-off price | - | Rs 18.50 Cr | - |
| Fixed price | - | Rs 1.70 Cr | - |
| Employee | Rs 1.47 Cr | Rs 65.03 L | 0.44x |
| Cut-off price | - | Rs 45.20 L | - |
| Fixed price | - | Rs 19.84 L | - |
| Total | Rs 125.78 Cr | Rs 32.25 Cr | 0.26x |
CSM Technologies IPO IPO Subscription by Applications
Category-wise subscription based on applications received
| Category | Applications Offered | Applications Received | Subscription |
|---|---|---|---|
| QIB | 46,15,380 | - | - |
| FII | - | - | - |
| DFI | - | - | - |
| Mutual Funds | - | - | - |
| Other | - | - | - |
| NII | 1,037 | 47 | 0.05x |
| bNII (above Rs 10L) | 691 | 4 | 0.01x |
| Corporate | - | - | - |
| Individual | - | 4 | - |
| Other | - | - | - |
| sNII (Rs 2L to Rs 10L) | 346 | 43 | 0.12x |
| Corporate | - | - | - |
| Individual | - | 41 | - |
| Other | - | 2 | - |
| Retail | 33,862 | 10,634 | 0.31x |
| Cut-off price | - | 9,689 | - |
| Fixed price | - | 945 | - |
| Employee | 985 | 204 | 0.21x |
| Cut-off price | - | 171 | - |
| Fixed price | - | 33 | - |
| Total | 46,51,264 | 10,885 | 0.00x |
What Do These Subscription Numbers Mean?
A subscription of 0.26x by shares means the IPO received bids for 0 times the shares reserved. Allotment odds depend on application count in each category, not share volume.
Here is what each category number tells you:
NII at 0.05x by applications: NII includes high net worth individuals applying above Rs 2 lakh. Proportional allotment uses application subscription. bNII came in at 0.01x and sNII at 0.12x by applications.
null Retail allotment is done by lottery when oversubscribed.
null Employee reservation uses the same lottery logic as retail when oversubscribed.
CSM Technologies IPO IPO Allotment Chances
Allotment odds below use application subscription (number of bids received), not share or amount subscribed.
Retail
- •Application subscription: 0.31x.
- •One application per PAN. Multiple eligible accounts in a household can improve overall family odds, not individual odds.
SHNI (Rs 2 lakh to Rs 10 lakh)
- •Application subscription: 0.12x.
BHNI (above Rs 10 lakh)
- •Application subscription: 0.01x.
- •Share subscription was 0.71x. Allotment uses application count, not share volume.
Check the CSM Technologies IPO IPO Allotment Status page from 30 June 2026 for your allotment result.
CSM Technologies IPO IPO GMP After Subscription
GMP for CSM Technologies IPO stands at Rs 4.00 today, giving an estimated listing price of Rs 117.00 per share.
A subscription of 0.26x combined with a GMP of 3.54% is a strong combination heading into listing. QIB demand above 50x in particular tends to support listing sentiment, as institutional investors are seen as informed buyers.
Track live GMP on the CSM Technologies IPO IPO GMP Today page or the IPOwiz Live IPO GMP Tracker.
CSM Technologies IPO IPO Day-wise Subscription
| Day | QIB | NII | Retail | Overall |
|---|---|---|---|---|
| Day 1 - 24 Jun 2026 | 0.00x | 0.53x | 0.42x | 0.26x |
CSM Technologies IPO IPO Key Dates
| Event | Date |
|---|---|
| IPO Open Date | 24 June 2026 |
| IPO Close Date | 29 June 2026 |
| Allotment Date | 30 June 2026 |
| Refund Initiation | 1 July 2026 |
| Share Credit to Demat | 1 July 2026 |
| Listing Date | 2 July 2026 |
| Minimum Investment | Rs 14,916.00 |
| Lot Size | 132 shares |
About CSM Technologies IPO
CSM Technologies Limited, incorporated in 1998, is a highly specialized IT solutions provider focusing on GovTech, digital governance infrastructure, and large-scale enterprise transformation. With over 27 years of operating heritage, the company functions as a trusted technological implementation partner for state, national, and international sovereign agencies. Its robust product and platform architecture handles complex end-to-end ecosystems crossing agricultural management (KRUSHAK Odisha, GO SUGAM), centralized admissions (SAMS Odisha, OFSS Bihar), real-time AI/ML-driven public service analytics (Mo Sarkar), and business investor single-window clearings (GO-SWIFT).
Understanding Subscription Categories
QIB - Qualified Institutional Buyers
Includes foreign institutional investors, domestic financial institutions, mutual funds, and other qualified institutions. QIB demand is considered the most reliable indicator of institutional confidence in an IPO.
NII - Non-Institutional Investors
High net worth individuals applying above Rs 2 lakh. Divided into bNII (above Rs 10 lakh) and sNII (Rs 2 lakh to Rs 10 lakh). NII allotment is proportional.
Retail - Retail Individual Investors
Investors applying up to Rs 2 lakh per PAN. Allotment is by lottery when oversubscribed. Minimum one lot per successful applicant.
CSM Technologies IPO IPO Subscription FAQs
What is the current subscription status of CSM Technologies IPO?
CSM Technologies IPO IPO overall subscription is 0.26x by shares. QIB is at N/A, NII at 0.05x, and Retail at 0.31x. Data is updated during the subscription window from 24 June 2026 to 29 June 2026.
What are the allotment chances for retail investors?
Retail allotment chances depend on final application oversubscription. Allotment is by lottery when retail subscription exceeds 1x.
When will CSM Technologies IPO allotment be finalised?
Allotment will be finalised on 30 June 2026. You can check your allotment status on the CSM Technologies IPO IPO Allotment Status page from that date.
What happens after subscription closes?
After the subscription closes, the registrar processes all applications and finalises allotment on 30 June 2026. Refunds for unsuccessful applications are typically initiated before listing. Shares are credited to demat accounts before the listing date on 2 July 2026.
Can I apply after subscription closes?
No. Applications must be submitted before the subscription closes on 29 June 2026. Late applications are rejected automatically.
What is the difference between QIB, NII, and Retail subscription?
QIB includes institutional investors such as mutual funds, FIIs, and banks. NII includes high net worth individuals applying above Rs 2 lakh. Retail includes individual investors applying up to Rs 2 lakh. Each category has separate reservation and different allotment rules.
How does subscription affect allotment chances?
Allotment odds depend on application subscription in each category, not share volume. In retail, lottery odds are roughly 1 in X where X is the application subscription multiple. SHNI and BHNI use proportional allotment based on application count. At 0.26x overall share subscription, competition is moderate. Check application-wise figures for your category.
What is the issue size and lot size for CSM Technologies IPO?
Issue size is ₹145.78 Cr. Lot size is 132 shares. Minimum investment at the issue price of Rs 113.00 is Rs 14,916.00 per lot.
For allotment results from 30 June 2026, visit the CSM Technologies IPO IPO Allotment Status page. For listing day updates on 2 July 2026, download the IPOwiz App.
Reviewed by Dinesh Agrawal
15+ years in Indian capital markets and IPO research. Subscription data verified before publish.