Mumbai, June 22: CSM Technologies Limited shall open its Bid / Issue in relation to its initial public offering of Equity Shares on Wednesday, June 24, 2026 and shall close on Monday, June 29, 2026.
3,87,02,472 Equity shares of face value ₹ 10 each are outstanding prior to the Issue and as on date.
The Issue comprises of a Fresh Issue of up to 1,29,01,000 Equity Shares of face value of ₹10 each.
The proceeds from the Fresh Issue will be utilised towards 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, and general corporate purposes (collectively, the “Object of Issue”).
Keynote Financial Services Limited is the book running lead manager to the Issue (“Book Running Lead Manager” or “BRLM”).
KFin Technologies Limited is the Registrar to the Issue (“Registrar to the Issue”).
The Equity Shares are being issued through the red herring prospectus of the Company dated June 17, 2026 (the “RHP”) filed with the Registrar of Companies, Orissa at Cuttack (the “RoC”), Securities and Exchange Board of India (“SEBI”) along with corrigendum to the RHP dated June 19, 2026 and are proposed to be listed on BSE Limited (“BSE”) and National Stock Exchange of India Limited (“NSE”, collectively the “Stock Exchanges”).