CSM Technologies IPO
Open Date
24 Jun 2026
Close Date
29 Jun 2026
Open Date
24 Jun 2026
Close Date
29 Jun 2026
Min Investment
Lot Size
Issue Size
Price Range
Subscribed

Founded In
1998
CEO
Priyadarshi Pany
Financials of Csm Technologies IPO
| Key Performance Indicators | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|
| Operating Revenue | 160.44 | 196.71 | 199.24 |
| Other Income | 1.07 | 1.94 | 1.38 |
Total Income | 161.50 | 198.65 | 200.63 |
Total Expenses | 138.88 | 180.83 | 180.19 |
| Profit Before Tax | 22.63 | 17.82 | 20.44 |
Total Profit | 15.82 | 12.55 | 14.09 |
All figures are in crores (₹)

Utilisation of Proceeds
All figures are in crores (₹)
| Purpose | Amount |
|---|---|
| The company proposes to utilize Net Proceeds towards funding working capital requirements due to its service-oriented, project-driven business model in the IT-ITeS sector. The company undertakes large-scale technology implementation and digital transformation projects requiring significant upfront costs while receiving milestone-based payments over time. | 56 |
| The company proposes to utilize Net Proceeds towards full or partial repayment/prepayment of certain borrowings to reduce outstanding indebtedness, maintain favorable debt-equity ratio and enable utilization of additional amounts from internal accruals for business growth and expansion. | 23 |
| The company proposes to deploy Net Proceeds towards strategic acquisitions and inorganic growth initiatives aimed at expanding service capabilities, entering new geographies, accessing new customer bases, and enhancing operational efficiency. The company also intends to use funds for general corporate purposes including meeting business requirements, strengthening lead generation capabilities, and ongoing corporate contingencies. | - |

- Deep sectoral expertise across a diversified spectrum of industries: The company is amongst the few IT solutions companies who have delivered first-of-its-kind projects for government and private sector, operating through ten verticals including Mining & Allied Services, Governance & Public Services, Agriculture & Allied Services, Industry & Trade Facilitation, Education, Healthcare, and Tourism.
- Proprietary technology driven innovations and patented technology developed in-house: The company has developed proprietary platforms including Low Code No Code Framework, AI Model Orchestration Platform, Document Management System, and patented Ore Sampling Technology - one of the first kind of solutions in India under the I3MS regulatory framework.
- Extensive geographic footprint with scalable operations across key markets: The company operates across multiple states in India and internationally in several African countries, North America (Canada and USA), with revenue from exports at 6.07% for nine months ended December 31, 2025 and 12.58% in Fiscal 2025.
- Established presence in a high-entry-barrier industry: The company has established execution credentials with CMMI level-5 and SOC 2 Type II certifications, sector-specific expertise, and empanelment with government ministries. The Global IT-ITeS market has grown at CAGR of 6.1% from CY20 to CY25 worth USD 5,285 billion.
- Experienced Promoters and Senior Management team, having domain knowledge: The company is led by Promoter and CEO Priyadarshi Pany with approximately 28 years of IT/ITeS experience, and Executive Director Lagna Panda with over 25 years of HR experience, supported by experienced senior management team.
- Track record of healthy financial performance: The company generated revenue from operations of ₹16,552.36 lakhs, ₹19,924.42 lakhs, ₹19,671.05 lakhs, and ₹16,043.87 lakhs for nine months ended December 31, 2025 and Fiscals 2025, 2024, and 2023 respectively, with consistent EBITDA and profit performance.

