CSM Technologies is set to debut on the stock market on July 2, with its shares listing on both the BSE and NSE. The company’s initial public offering (IPO) raised ₹146 crore and was open for subscription from June 24 to June 29. The allotment of shares was finalized on June 30, ahead of the listing scheduled for tomorrow, according to livemint.com.
The IPO price was fixed at ₹113 per share, and the estimated listing price is expected to be around the same level. The subscription period saw strong investor interest, leading to the timely allotment of shares. The company’s debut on both major Indian stock exchanges marks a significant step in its growth journey, as reported by livemint.com.
This IPO adds to the growing number of technology firms entering the public markets in India, reflecting continued investor appetite for the sector. The ₹146 crore capital raise positions CSM Technologies among recent mid-sized tech listings, a segment that has seen notable activity this year. The listing will provide liquidity to early investors and help the company fund its expansion plans, per livemint.com.
CSM Technologies’ shares will start trading on July 2 on the BSE and NSE. The company’s IPO allotment was finalized on June 30, and the ₹146 crore raise was completed during the subscription window that closed on June 29, according to livemint.com.