CSM Technologies IPO Subscription Status
CSM Technologies IPO closed on 29 June 2026 with an overall subscription of 1.36x based on shares applied. QIB demand came in at 1.02x, NII at 1.54x, and retail at 1.62x.
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
-
Overall Subscription
1.36x
Issue Size
₹145.78 Cr
Allotment Date
30 Jun 2026
Listing Date
2 Jul 2026
CSM Technologies 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 | Rs 53.21 Cr | 1.02x |
| FII | - | Rs 33.58 Cr | - |
| DFI | - | - | - |
| Mutual Funds | - | - | - |
| Other | - | Rs 19.63 Cr | - |
| NII | Rs 21.65 Cr | Rs 33.44 Cr | 1.54x |
| bNII (above Rs 10L) | Rs 14.43 Cr | Rs 23.85 Cr | 1.65x |
| Corporate | - | Rs 11.93 L | - |
| Individual | - | Rs 23.63 Cr | - |
| Other | - | Rs 10.14 L | - |
| sNII (Rs 2L to Rs 10L) | Rs 7.22 Cr | Rs 9.59 Cr | 1.33x |
| Corporate | - | Rs 8.35 L | - |
| Individual | - | Rs 9.14 Cr | - |
| Other | - | Rs 35.65 L | - |
| Retail | Rs 50.51 Cr | Rs 81.62 Cr | 1.62x |
| Cut-off price | - | Rs 72.37 Cr | - |
| Fixed price | - | Rs 9.26 Cr | - |
| Employee | Rs 1.47 Cr | Rs 2.68 Cr | 1.82x |
| Cut-off price | - | Rs 2.12 Cr | - |
| Fixed price | - | Rs 55.64 L | - |
| Total | Rs 125.78 Cr | Rs 170.95 Cr | 1.36x |
CSM Technologies IPO Subscription by Applications
Category-wise subscription based on applications received
| Category | Applications Offered | Applications Received | Subscription |
|---|---|---|---|
| QIB | 46,15,380 | 14 | 0.00x |
| FII | - | 8 | - |
| DFI | - | - | - |
| Mutual Funds | - | - | - |
| Other | - | 6 | - |
| NII | 1,037 | 448 | 0.43x |
| bNII (above Rs 10L) | 691 | 63 | 0.09x |
| Corporate | - | 1 | - |
| Individual | - | 61 | - |
| Other | - | 1 | - |
| sNII (Rs 2L to Rs 10L) | 346 | 385 | 1.11x |
| Corporate | - | 4 | - |
| Individual | - | 364 | - |
| Other | - | 17 | - |
| Retail | 33,862 | 43,926 | 1.30x |
| Cut-off price | - | 38,875 | - |
| Fixed price | - | 5,051 | - |
| Employee | 985 | 1,148 | 1.17x |
| Cut-off price | - | 985 | - |
| Fixed price | - | 163 | - |
| Total | 46,51,264 | 45,536 | 0.01x |
What Do These Subscription Numbers Mean?
A subscription of 1.36x by shares means the IPO received bids for 1 times the shares reserved. Allotment odds depend on application count in each category, not share volume.
Here is what each category number tells you:
QIB at 1.02x by shares: This is the strongest signal on the page. QIBs are institutional investors, mutual funds, foreign institutions, and banks. When they subscribe at 1.02x, it reflects serious institutional conviction.
NII at 0.43x by applications: NII includes high net worth individuals applying above Rs 2 lakh. Proportional allotment uses application subscription. bNII came in at 0.09x and sNII at 1.11x by applications. Share subscription was 1.54x. Allotment uses application count, not share volume.
At 1.30x subscription by applications, approximately 1 in 1 retail applicants can expect an allotment (~77% per application). Retail allotment is done by lottery when oversubscribed.
At 1.17x subscription by applications, approximately 1 in 1 employee applicants can expect an allotment (~86% per application). Employee reservation uses the same lottery logic as retail when oversubscribed.
CSM Technologies IPO Allotment Chances
Allotment odds below use application subscription (number of bids received), not share or amount subscribed.
Retail
- •Application subscription: 1.30x.
- •Allotment odds: about 1 in 1 (~77% chance per application).
- •Method: Lottery. If allotted, you receive at least one lot.
- •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: 1.11x.
- •Allotment odds: about 1 in 1 for a minimum-lot application (~90% of the applied lot on average).
- •Method: Proportional. Shares allotted are based on your bid size, not a lottery.
BHNI (above Rs 10 lakh)
- •Application subscription: 0.09x.
- •Share subscription was 1.65x. Allotment uses application count, not share volume.
Check the CSM Technologies IPO Allotment Status page from 30 June 2026 for your allotment result.
CSM Technologies IPO Day-wise Subscription
| Day | QIB | NII | Retail | Overall |
|---|---|---|---|---|
| Day 1 - 24 Jun 2026 | 0.00x | 0.53x | 0.42x | 0.26x |
| Day 2 - 25 Jun 2026 | 0.38x | 1.09x | 0.75x | 0.66x |
| Day 3 - 29 Jun 2026 | 1.02x | 1.54x | 1.63x | 1.37x |
CSM Technologies 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 Subscription FAQs
What is CSM Technologies IPO IPO subscription status today?
CSM Technologies IPO IPO subscription closed on 29 June 2026 with overall subscription of 1.36x (by shares) as of 18 July 2026, 6:01 PM IST. QIB 1.02x, NII 0.43x, Retail 1.30x.
What is the overall subscription of CSM Technologies IPO IPO?
CSM Technologies IPO IPO is subscribed 1.36x overall by shares at close on 29 June 2026. QIB 1.02x, NII 0.43x, and Retail 1.30x.
What is CSM Technologies IPO IPO QIB subscription?
CSM Technologies IPO IPO QIB (Qualified Institutional Buyers) subscription is 1.02x by shares. QIB includes mutual funds, FIIs, banks, and other institutions.
What is CSM Technologies IPO IPO Retail subscription?
CSM Technologies IPO IPO Retail subscription is 1.30x by applications. Minimum retail bid is up to Rs 2 lakh per PAN.
What is CSM Technologies IPO IPO NII subscription?
CSM Technologies IPO IPO NII (Non-Institutional Investors) subscription is 0.43x by applications. NII covers bids above Rs 2 lakh.
What are allotment chances in CSM Technologies IPO IPO for retail?
At 1.30x subscription by applications, approximately 1 in 1 retail applicants can expect an allotment (~77% per application). Allotment is done by lottery.
When is CSM Technologies IPO IPO allotment date?
CSM Technologies IPO IPO allotment date is 30 June 2026. Check CSM Technologies IPO Allotment Status on IPOwiz from that day using your PAN.
When does CSM Technologies IPO IPO subscription close?
CSM Technologies IPO IPO subscription closed on 29 June 2026. No new applications are accepted after the close.
What is CSM Technologies IPO IPO GMP today?
GMP for CSM Technologies IPO IPO is not available yet. Track CSM Technologies IPO GMP Today on IPOwiz once grey market activity starts.
What is CSM Technologies IPO IPO issue price and lot size?
CSM Technologies IPO IPO issue price is ₹113 per share. Lot size is 132 shares. Minimum investment is ₹14,916 per lot. Issue size: ₹145.78 Cr.
When is CSM Technologies IPO IPO listing date?
CSM Technologies IPO IPO listing date is 2 July 2026 on NSE and BSE. Allotment is on 30 June 2026.
How does subscription affect CSM Technologies IPO IPO allotment?
Allotment odds in CSM Technologies IPO IPO depend on application subscription in each category, not share volume. Retail uses lottery when oversubscribed. NII uses proportional allotment by applications. At 1.36x overall, competition is moderate.
For allotment results from 30 June 2026, visit the CSM Technologies 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.