Who is the CEO of CSM Technologies Ltd?
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Priyadarshi Nanu Pany is the Managing Director and CEO of CSM Technologies Ltd.
CSM Technologies Ltd is an information technology company engaged in providing GovTech and digital transformation solutions for government organisations, public sector entities, development agencies, and enterprises across sectors such as agriculture, education, healthcare, mining, trade, tourism, and public services. The CSM Technologies IPO opens on June 24, 2026, and closes on June 29, 2026. The company plans to issue 1,29,01,000 equity shares through a book-built issue with a price band of ₹107 to ₹113 per share. The IPO is proposed to be listed on the BSE and NSE. The company proposes to utilise the net proceeds towards working capital requirements, repayment or prepayment of certain borrowings, inorganic growth initiatives, and general corporate purposes.
CSM Technologies Ltd is an information technology company that develops GovTech and digital transformation solutions for government organisations, public sector entities, development agencies, and enterprises. Its services cover sectors such as agriculture, mining, education, healthcare, trade, tourism, urban development, and public services through digital platforms, consulting, analytics, and process automation. The company has operations across India and selected international markets and provides technology solutions designed to support administrative processes, citizen services, and business operations. Its project portfolio includes e-governance platforms, digital infrastructure, investor facilitation systems, social protection platforms, logistics management solutions, and data analytics dashboards. The company also undertakes consulting and advisory assignments for digital transformation initiatives. These activities form part of its operations within the information technology and GovTech sector.
Investors can apply for the CSM Technologies Ltd IPO through the ASBA (Application Supported by Blocked Amount) facility available via net banking or through a registered platform. To apply, investors need to log in to their preferred application platform, select the IPO from the list of available public issues, enter the bid quantity and price within the specified price band, and provide the required demat account details. After reviewing the application, investors can submit the bid and complete the mandate authorisation process. Once the application is submitted, the corresponding amount is blocked in the investor's bank account until the allotment process is completed. Following the basis of allotment, shares allotted to successful applicants are credited to their demat accounts, while the blocked amount for unallotted or partially allotted applications is released as per the applicable process. Investors should review the offer document and ensure that all application details are entered correctly before submission.
For more details, visit the CSM Technologies IPO page.
Details | Information |
IPO Date | June 24, 2026 to June 29, 2026 |
Issue Size | 1,29,01,000 shares (aggregating up to ₹145.78 Cr) |
Price Band | ₹107 to ₹113 per share |
Lot Size | 132 shares |
Listing At | BSE, NSE |
Funding working capital requirements of the company
Prepayment or repayment of all or a portion of certain outstanding borrowings availed by the company
Achieving inorganic growth through unidentified acquisitions and other strategic initiatives
General corporate purposes
Event | Date |
|---|---|
IPO Open Date | Wed, Jun 24, 2026 |
IPO Close Date | Mon, Jun 29, 2026 |
Basis of Allotment | Tue, Jun 30, 2026 |
Initiation of Refunds | Wed, Jul 1, 2026 |
Credit of Shares to Demat | Wed, Jul 1, 2026 |
Tentative Listing Date | Thu, Jul 2, 2026 |
Cut-off time for UPI mandate confirmation | 5 PM on Mon, Jun 29, 2026 |
₹107 to ₹113 per share
Application | Lots | Shares | Amount |
Retail (Min) | 1 | 132 | ₹14,916 |
Retail (Max) | 13 | 1,716 | ₹1,93,908 |
S-HNI (Min) | 14 | 1,848 | ₹2,08,824 |
S-HNI (Max) | 67 | 8,844 | ₹9,99,372 |
B-HNI (Min) | 68 | 8,976 | ₹10,14,288 |
The CSM Technologies IPO application process can be completed online through your trading platform. Below is a step-by-step guide to applying for the IPO:
Access your trading account using the trading platform.
Go to the IPO section to view active IPO listings.
Locate CSM Technologies IPO in the list of available IPOs and click the ‘Apply’ button.
Specify the number of shares (lot size: 132 shares) at the price band of ₹107 to ₹113 per share.
Enter your UPI ID for payment authorisation and ensure sufficient funds in your bank account.
Review your application details and confirm the UPI mandate before 5 PM on the last application day.
Submit the application and monitor the allotment status to check if shares have been allocated to you.
The shares offered in the CSM Technologies IPO are allocated across different investor categories in accordance with the reservation structure disclosed in the issue documents. The allocation includes reservations for anchor investors, qualified institutional buyers, non-institutional investors, retail individual investors, and eligible employees. The table below presents the number of shares offered and the corresponding share of the total issue for each category.
Investor Category | Shares Offered |
Anchor Investors | 38,31,300 (29.70%) |
Employee Reserved | 1,30,000 (1.01%) |
Non-Institutional Investor | 19,15,650 (14.85%) |
Qualified Institutional Buyers | 25,54,200 (19.80%) |
Retail Individual Investor | 44,69,850 (34.65%) |
Total Shares Offered | 1,29,01,000 (100.00%) |
This allocation reflects the reservation of shares among the respective investor categories as specified in the IPO documents.
Total Assets: Grew from ₹80.02 crore in FY23 to ₹154.55 crore in FY25.
Total Income: Recorded at ₹200.63 crore in FY25, as compared to ₹161.50 crore in FY23.
Profit After Tax (PAT): Reported at ₹14.09 crore in FY25, compared to ₹15.82 crore in FY23.
Net Worth: Recorded at ₹76.18 crore in FY25, compared to ₹50.31 crore in FY23.
Reserves & Surplus: Stood at ₹73.21 crore in FY25, as compared to ₹45.69 crore in FY23.
EBITDA: Stood at ₹29.27 crore in FY25, compared to ₹27.87 crore in FY23.
The company reported growth in its asset base during the reviewed period, reflecting expansion in its operational scale and business activities.
Total income increased compared to the earlier financial year, indicating higher business volumes and revenue generation.
Profit after tax declined during the period under review, reflecting changes in the company's earnings performance.
Net worth strengthened, supported by the accumulation of profits and growth in shareholders' funds.
Reserves and surplus increased during the period, contributing to the company's overall financial position.
EBITDA registered growth compared to the previous financial year, indicating changes in operating performance.
The company's financial position reflects changes in revenue generation, profitability, and balance sheet strength over the review period.
The company operates in the information technology and GovTech sector, where business performance may be influenced by changes in government spending, project awards, technology adoption, regulatory requirements, and execution timelines.
A significant portion of the company's business is derived from government organisations and public sector entities. Delays in project implementation, contract renewals, or customer payments may affect revenue recognition, cash flows, and operational performance.
The company's financial performance reflects a decline in profit after tax between FY23 and FY25 despite higher revenue, indicating that profitability may be influenced by operating costs, project mix, and other business factors.
The company proposes to utilise the IPO proceeds towards working capital requirements, repayment or prepayment of certain borrowings, and inorganic growth initiatives. These activities may support its operational and business requirements.
CSM Technologies has operations across multiple sectors, including agriculture, education, healthcare, mining, trade, tourism, and public services, with projects spanning India and selected international markets. Its presence across these sectors and continued participation in digital transformation initiatives may support future business operations, subject to project execution, technology adoption, and market conditions.
KPI | Dec 31, 2025 | Mar 31, 2025 |
ROE | 23.75% | 20.73% |
ROCE | 24.40% | 22.62% |
Debt/Equity | 0.86 | 0.46 |
RoNW | 16.54% | 18.49% |
PAT Margin | 8.80% | 7.02% |
EBITDA Margin | 18.16% | 14.69% |
Price to Book Value | 4.92 | 0.95 |
Registrar | Lead Manager(s) |
|---|---|
KFin Technologies Ltd. | Keynote Financial Services Ltd. |
Plot No - E/56, Infocity-1,
Chandrasekharpur,
Dist. Khurda, Khordha,
Bhubaneswar, Odisha, 751024
Phone: +0674 6635900
Email: secretarial@csm.tech
Website: https://www.csm.tech/
Interested in more opportunities? Check out our Upcoming IPO section for new listings and don’t forget to check your CSM Technologies IPO allotment status.
Priyadarshi Nanu Pany is the Managing Director and CEO of CSM Technologies Ltd.
The CSM Technologies IPO is scheduled to open for subscription on 24 June 2026 and will close on 29 June 2026, according to the published timeline.
CSM Technologies Ltd. develops GovTech and digital transformation solutions for government organisations, public sector entities, development agencies, and enterprises. Its services include digital platforms, consulting, advisory services, analytics, and process automation across sectors such as agriculture, education, healthcare, mining, trade, tourism, and public services. The sustainability of its business model depends on technology adoption, project execution, customer requirements, and the company's ability to secure and deliver projects across its operating sectors.
The IPO consists of 1,29,01,000 equity shares, aggregating to a total issue size of ₹145.78 crore, as stated in the offer details.
‘Pre-apply’ refers to a facility offered by certain platforms that enables applicants to submit their IPO applications before the subscription window officially opens. The application is processed once the issue becomes active in accordance with exchange procedures.
The minimum lot size for the issue is 132 shares. Retail applicants can apply for one lot or in multiples thereof, subject to the applicable investment limits specified in the offer document.
The tentative allotment date for the IPO is 30 June 2026, based on the published timeline. This may vary depending on operational processes followed by the exchanges and registrar.
KFin Technologies Ltd. is the registrar appointed for the CSM Technologies IPO and is responsible for handling application reconciliation and allotment-related activities.
No governance concerns or red flags have been indicated in the information provided. Applicants may review the company's prospectus for detailed disclosures related to its board, compliance practices, and management structure.
The application process can be completed online through an authorised trading platform or via the ASBA facility offered by banking institutions. Applicants need to choose the IPO, enter the required lot quantity, provide UPI or bank authentication for payment, and submit the application within the specified timeframe. The application then progresses through exchange-led verification and allotment procedures.
Yes, a Demat account is required because the allotment process and credit of shares occur in electronic form. Applications without a valid Demat account cannot be processed.
Applicants can check their allotment status through the registrar's website or their trading platform once the allotment has been finalised. The status will indicate whether shares have been allocated based on the application submitted.
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